Press release
Key Trends Influencing the Growth of the Masking Tape For Construction Market in 2025:
Masking Tape For Construction Market
What Is the Expected CAGR for the Masking Tape For Construction Market Through 2025?
The market size for masking tape used in construction has seen robust growth in recent years. It is predicted to increase from $3.33 billion in 2024 to $3.57 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the historical growth include rising demand for remodeling and renovation projects, expanding infrastructure development projects, growing consciousness about safety in the workplace, increasing requirement for economical and efficient solutions for surface protection, and the vast assortment of masking tapes on offer.
What's the Projected Size of the Global Masking Tape For Construction Market by 2029?
In the coming years, the masking tape for construction market is poised to witness robust growth, projecting a size of $4.66 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 6.9%. The anticipated growth during the forecast period is driven by the increase in green building certifications, the rising inclination toward quick and simple application tapes, the need for masking tapes resistant to high temperature, the demand for precision and clean-edge finishes in construction, and the development of modular construction techniques. Noteworthy trends expected during the forecast period comprise of intelligent labeling and color-changing indicators on tapes, backings made from recyclable materials, breakthroughs in designs for easy-tear and residue-free removal, production of UV-resistant masking tapes, and progress in heat-resistant adhesive technologies.
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Top Growth Drivers in the Masking Tape For Construction Industry: What's Accelerating the Market?
The mounting interest in do-it-yourself (DIY) projects is projected to boost the expansion of the masking tape for construction market. DIY projects, which usually involve self-conducted home improvements, repairs, or creative endeavors, have been gaining popularity due to their potential cost savings. This allows more homeowners to take on tasks like painting, repair works, and remodeling themselves, saving on costs incurred from professional services. Masking tape aids these DIY projects by offering user-friendly surface protection, clean paint edges, and strong adherence for diverse surfaces during painting and construction tasks. For example, based on data from Houzz Inc., a software development platform from the US, in 2023, both kitchen and bathroom remodels stayed at the top of the project list, with a higher number of homeowners doing upgrades in those areas in 2022 (28% and 25%, respectively) than in 2021 (27% and 24%, respectively). Thus, the growing interest in DIY projects is contributing to the enhancement of the masking tape for construction market. The escalating demand for residential properties is also anticipated to spur growth in the masking tape for construction market. Residential properties refer to dwellings such as homes, apartments, and condominiums. The growing appetite for these properties can be attributed to the rapid pace of urbanization. Increased relocation to cities for employment, education, and healthcare needs significantly increases housing requirements. Masking tape aids in residential construction works by offering reliable surface protection, ensuring neat paint lines, and assisting in precise finishes during painting, drywall mounting, and interior operations. For example, data from Statistics Finland, a government agency in Finland, reveals that in 2023, households spent $6.10 billion (EUR 5.2 billion) on dwelling and residential building renovations, a 2.7% surge from 2022. Hence, the heightened demand for residential properties is contributing to the growth of the masking tape for construction market.
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What Are the Main Segments in the Masking Tape For Construction Market?
The masking tape for construction market covered in this report is segmented -
1) By Material Type: Paper Masking Tape, Plastic Masking Tape, Foam Masking Tape, Vinyl Masking Tape
2) By Thickness: Thin Masking Tape (1-3 mil), Medium Thickness Masking Tape (4-6 mil), Thick Masking Tape (7-10 mil)
3) By Application Type: Painting And Finishing, Construction And Renovation, Automotive And Transportation, Electronics And Electrical
4) By End-User Industry: Residential Construction, Commercial Construction, Industrial Applications, Do It Yourself (DIY) Projects
Subsegments:
1) By Paper Masking Tape: Crepe Paper Masking Tape, Smooth Paper Masking Tape, Wet Strength Paper Masking Tape, High Temperature Paper Masking Tape
2) By Plastic Masking Tape: Polyethylene (PE) Masking Tape, Polypropylene (PP) Masking Tape, Polyester (PET) Masking Tape
3) By Foam Masking Tape: Polyethylene Foam Masking Tape, Polyurethane Foam Masking Tape, Cross Linked Foam Masking Tape
4) By Vinyl Masking Tape: PVC Masking Tape, Colored Vinyl Masking Tape, Conformable Vinyl Masking Tape
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Which Top Companies are Driving Growth in the Masking Tape For Construction Market?
Major companies operating in the masking tape for construction market are 3M Company, Dayson Industrial S.A., Nitto Denko Corporation, Ahlstrom Corporation, Intertape Polymer Group Inc., Vibac Group S.p.A., Shurtape Technologies LLC, Mirka Ltd., Scapa Group plc, NICHIBAN Co Ltd., PPM Industries S.p.A., TPC Packaging Solutions, Cintas Adhesivas Ubis S.A., Cantech Industries Inc., Everbuild Building Products Ltd., Ultratape Industries Inc., Trustin Tape Co. Ltd., PPI Adhesive Products Ltd., HyStik Inc., GECO Build.
Which Regions Will Dominate the Masking Tape For Construction Market Through 2029?
North America was the largest region in the masking tape for construction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the masking tape for construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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