Press release
Sealing and Strapping Packaging Tapes Market Size, Share, Growth, Analysis, Report and Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global sealing and strapping packaging tapes market size is projected to grow at a CAGR of 5% between 2024 and 2032. Aided by the escalating demands in the e-commerce sector and the need for secure packaging across various industries, the market is expected to grow significantly by 2032.Sealing and strapping packaging tapes have become indispensable in today's fast-paced world, where product safety and packaging integrity are paramount. Comprising mainly of pressure-sensitive tapes used in carton sealing and strapping, these tapes are designed to withstand various stresses during transportation and storage, ensuring that products reach consumers in pristine condition.
E-commerce, with its astronomical growth rates, is a prime driver of the sealing and strapping packaging tapes market growth. The constant online purchases made by consumers demand that goods be securely packaged to endure the rigors of transit. From electronics to apparel, every product shipped requires these robust tapes to prevent tampering, damage, or unauthorised access.
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Moreover, the packaging tapes are not merely about functionality; they also offer a platform for branding. With the advent of customisable tapes featuring logos, promotional messages, and other brand-related information, businesses are leveraging these tapes as a medium for passive advertising, enhancing brand visibility and recall.
Industrial applications further buoy the sealing and strapping packaging tapes market demand. Industries such as food & beverages, electronics, automotive, and pharmaceuticals emphasise secure packaging to ensure product integrity and safety. For instance, in the pharmaceutical sector, where tamper-evidence is crucial, specialised sealing tapes offer both security and traceability.
The rising concerns about environmental sustainability are also reshaping the sealing and strapping packaging tapes market size. Manufacturers are increasingly focusing on eco-friendly adhesive formulations and recyclable tape materials. Bio-based adhesives and tapes made from recycled materials are witnessing increased traction, catering to the environmentally-conscious segment of consumers and industries.
Innovation, nonetheless, remains at the core of the industry. With advancements in adhesive technologies and the development of tapes with higher durability, UV resistance, and moisture resistance, the sealing and strapping packaging tapes market is set to address diverse industrial needs. Furthermore, as global trade continues its upward trajectory and e-commerce platforms further entrench themselves in consumers' buying habits, the demand for reliable sealing and strapping solutions is bound to surge.
Read Full Report With Table Of Contents - https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market
Sealing and Strapping Packaging Tapes Market Segmentation
The market can be divided based on material, type, application, and region.
Market Breakup by Material
Paper
Polypropylene
Polyvinyl Chloride
Others
Market Breakup by Type
Acrylic
Rubber
Silicone
Others
Market Breakup by Application
Carton Sealing
Strapping and Bundling
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sealing and strapping packaging tapes market. Some of the major players explored in the report by Expert Market Research are as follows:
Avery Dennison Corporation
Nitto Denko Corporation
Intertape Polymer Group Inc.
Scapa Group PLC
Nichiban Co., Ltd.
3M Company
tesa SE
Others
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Europe Natural Sweeteners Market: https://www.expertmarketresearch.com/reports/natural-sweeteners-market-europe
Europe Power Rental Market: https://www.expertmarketresearch.com/reports/europe-power-rental-market
India Food Fortification Premix Market: https://www.expertmarketresearch.com/reports/india-food-fortification-premix-market
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