Press release
Carry Handle Adhesive Tapes Market Size and Growth Analysis with Competitive Share and Forecast, 2026-2031
Rise in R&D investments, growing entry of new market participants, continuous product innovation, and rapid technological advancements are significantly driving the expansion of the global carry handle adhesive tapes market. In addition, effective resource allocation strategies and intensifying competition among manufacturers to broaden their regional footprint and customer base are further fueling market growth.According to a report published by Allied Market Research titled "Carry Handle Adhesive Tapes Market by Type (Acrylic, Rubber, Silicone, Ethylene Vinyl Acetate, Others), by Technology (Water-Based, Solvent-Based, Hot Melt, Radiation-Based, UV Cured, Electronic Beam Cured), by End-User Industry (Packaging, Electronics, Construction, Medical, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031," the market was valued at $233.49 million in 2021 and is projected to reach $414.33 million by 2031, growing at a CAGR of 6.0% from 2022 to 2031.
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Key Growth Drivers:-
The market is witnessing steady growth due to:
- Increasing R&D activities and technological breakthroughs
- Entry of new players intensifying competitive dynamics
- Rising disposable incomes boosting consumer spending capacity
- Expanding applications across packaging, electronics, construction, and medical industries
As consumer purchasing power increases, demand for convenient and durable packaging solutions is rising, creating significant growth opportunities for carry handle adhesive tape manufacturers.
Segmental Insights:-
By Type:
- The rubber segment accounted for more than one-fourth of the market share in 2021 and is expected to maintain dominance through 2031. Rubber-based adhesives offer strong initial adhesion, good shear strength, and moderate temperature resistance.
- The acrylic segment is projected to grow at the fastest CAGR of 6.7% during the forecast period, owing to its superior resistance to moisture, UV exposure, and extreme temperature variations.
By Technology:
- The hot melt segment held the largest share in 2021, contributing more than two-fifths of the global market. Its popularity stems from ease of application and compatibility with various substrates.
- The UV-cured segment is expected to register the highest CAGR of 7.1% from 2022 to 2031, driven by its flexibility in adhesive development and enhanced performance characteristics.
Regional Outlook:
- Asia-Pacific dominated the global market in 2021, accounting for more than two-fifths of total revenue. The region is also projected to grow at the fastest CAGR of 6.3% through 2031, supported by rapid expansion in packaging, electronics, and construction industries across emerging economies.
Key Market Players:-
Prominent companies operating in the global carry handle adhesive tapes market include:
- Airmaster Adhesive Tapes
- Boston Tapes Commercial Srl
- Logo Tape GmbH & Co. KG
- 3M
- NRG Tapes
- Supertape
- Alimac Srl
- Tesa SE
- VENERA D.O.O
- Davik Industries
Overall, increasing innovation, expanding end-use industries, and growing consumer demand for convenient packaging solutions are expected to propel the global carry handle adhesive tapes market steadily over the next decade.
Obtain Report Details: https://www.alliedmarketresearch.com/carry-handle-adhesive-tapes-market
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About Us
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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