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Sealing and Strapping Packaging Tapes Market Size, Share, Growth Report and Forecast 2024-2032

03-21-2024 01:56 PM CET | Consumer Goods & Retail

Press release from: Expert Market Research

Sealing and Strapping Packaging Tapes Market Size, Share,

According to the report by Expert Market Research (EMR), the global sealing and strapping packaging tapes market reached a value of nearly USD 18.59 billion in 2023. Aided by the rise of e-commerce and increasing demand for sustainable tapes, the market is projected to further grow at a CAGR of 5% between 2024 and 2032 to reach a value of around USD 28.81 billion by 2032.

In today's fast-paced global economy, efficient packaging solutions are crucial for safeguarding products during transit, minimising damage, and ensuring timely delivery to consumers. Sealing and strapping packaging tapes have emerged as indispensable tools in the packaging industry, offering reliable adhesion, secure bundling, and reinforced protection for a wide range of goods across various sectors.

Get a Free Sample Report With Table Of Contents - https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market/requestsample

The rapid expansion of manufacturing activities across diverse industries such as automotive, electronics, consumer goods, and pharmaceuticals has created a heightened demand for robust packaging solutions. This is expected to drive the global sealing and strapping packaging tapes market growth in the forecast period.

Sealing and strapping tapes are essential for bundling, palletising, and securing goods during warehousing, distribution, and transportation processes. Sealing and strapping tapes also provide a strong and durable seal, thereby ensuring the safety and security of products during transit.

With increasing awareness of sustainability, there is a growing demand for eco-friendly packaging materials and practices. Manufacturers are innovating to develop biodegradable, recyclable, and compostable sealing and strapping tapes made from renewable materials such as paper, bio-based polymers, and water-based adhesives. This is facilitating the global sealing and strapping packaging tapes market development.

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

Read More Reports:

India Beer Market: https://www.expertmarketresearch.com/reports/india-beer-market

South Korea Food Service Market: https://www.expertmarketresearch.com/reports/south-korea-food-service-market

South Korea Myopia and Presbyopia Treatment Market: https://www.expertmarketresearch.com/reports/south-korea-myopia-and-presbyopia-treatment-market

Media Contact:

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Contact Person: John Millence, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

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