openPR Logo
Press release

Market Forecast Report on Strapping Tapes Market 2017-2027

03-09-2017 08:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Market Forecast Report on Strapping Tapes Market 2017-2027

Over the past few years, packaging industry has witnessed a substantial growth. Innovation is driving the packaging tapes market as manufacturers are frequently developing new and innovative tapes to have a competitive edge. Strapping tapes are being increasingly accepted by the various manufacturers of food & beverages and electronics manufacturer for its important properties like sealing heavy boxes and bundling of unpacked products. Other advantages associated with strapping tapes are that it provides good shear and initial adhesion, provides longer package life due to the presence of filaments and adhesions, and allows printing and illustrations to be seen through tape. Strapping tapes keeps cartons and boxes from moving in transit and reinforces packaging bearing significant weight. These tapes are best suited for palletizing, unitizing, bundling and color coding etc.

Strapping tapes: Market Dynamics

Strapping tapes market is expected to grow at a healthy CAGR over the forecast period primarily driven by the growth in automotive sector and electrical sector. In addition, the growing usage of strapping tapes in sports equipments further fuels the growth in the strapping tapes market. The features such as convenience to use, multi functionality, resistant to tears, easy removability without marks etc. drives the demand in the strapping tapes market. Furthermore, these tapes are an economical alternative to plastic and metal strapping, which might attract the users of other form of strapping and can result in an expanded customer base and hence can further drive the growth in the strapping tapes market. Even though these tapes are very effective for heavy packaging purpose, however, they are considered as one of the costliest tapes which can be a restraining factor in the growth of the strapping tapes market. Further, the recent technological advancements in manufacturing and increased competition from alternate tapes can act as hindrances in the strapping tapes market.

Strapping tapes: Market Segmentation

The global strapping tapes market is segmented on the basis end user, distribution channel, material type, adhesive type

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2790

Based on the end user the global strapping tapes market is segmented into:

Food & Beverages

Electronics

Furniture

Kitchen appliances

Automotive

Oil & gas

Others (Toys, Metal working etc.)

Based on the material type the global strapping tapes market is segmented into:

Polypropylene

Polyester

Polyethylene

Others

Based on the adhesive type the global strapping tapes market is segmented into:

Natural rubber

Synthetic rubber

Modified synthetic rubber

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-2790

Strapping tapes Market: Regional Outlook

Geographically, the global strapping tapes market is divided into five regions North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). Asia Pacific is expected to dominate the growth in the strapping tapes market, primarily due to huge demand in developing economies like India and China and also because of lower manufacturing cost in these economies. Further, these developing countries are experiencing a steady growth in food & beverages and electronics industry that is expected to make a huge impact on the strapping tapes market. The low manufacturing costs in developing countries are due to easy availability of raw materials and cheap labor. Europe is expected to witness above average growth rate, primarily due to rising preference of sports in various countries such as Germany, France, UK and Italy etc. North America is also expected to experience an average growth in the strapping tapes market. However, the developed regions are expected to grow less aggressively in comparison to Asia Pacific, due to shift in production from developed economies to Asia Pacific. Latin America and MEA are expected to experience a moderate growth in the strapping tapes market.

Strapping Tapes Market: Key players

Some of the key players in the global strapping tapes market are 3M, Global Packaging, Inc., Shurtape Technologies, LLC, TART, Müroll GmbH, Rapid Packaging Systems Ltd., Can-Do National Tape etc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Market Forecast Report on Strapping Tapes Market 2017-2027 here

News-ID: 462536 • Views:

More Releases from Future Market Insights

Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
The Anesthesia Equipment Market is witnessing robust growth, with its value estimated at USD 9.3 billion in 2025 and projected to nearly double to USD 18.2 billion by 2035. This growth trajectory represents a compound annual growth rate of 7.0%, driven by increasing surgical volumes, rising prevalence of chronic respiratory and cardiovascular disorders, and ongoing expansion of healthcare infrastructure. The market is undergoing transformative change, as both established manufacturers and
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
The intravascular ultrasound (IVUS) systems market is on track to record consistent growth over the next decade. Valued at USD 893.7 million in 2025, the market is expected to expand to USD 1455.7 million by 2035, reflecting a compound annual growth rate of 5.0%. With cardiovascular disease remaining one of the leading causes of mortality globally, the demand for advanced intravascular imaging technologies is escalating. IVUS systems, which provide real-time
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
The global Electric Power Sports Market is on a fast track to transformation, as consumers, manufacturers, and policymakers align on one powerful goal: sustainable, high-performance recreational experiences. Valued at USD 10.3 billion in 2025, the market is projected to expand to USD 18.5 billion by 2035, reflecting a steady compound annual growth rate (CAGR) of 6.0%. This momentum is set to generate an absolute dollar opportunity of USD 8.2 billion over
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovation and Consumer Demand Drive Growth
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovatio …
The global hair straightener market is entering a transformative growth phase, as industry leaders and emerging brands alike innovate to meet rising consumer demand for advanced hair styling solutions. Valued at USD 7.1 billion in 2025, the market is projected to reach USD 12.4 billion by 2035, registering a compound annual growth rate (CAGR) of 5.7% over the forecast period. Between 2025 and 2030, the market is set to rise steadily

All 5 Releases


More Releases for Strapping

Plastic Strapping Market Is Booming Worldwide 2025-2032 | Polychem Corporation, …
Plastic Strapping Market Analysis - 2025-2032: Coherent Market Insights has released a new report titled "Plastic Strapping Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the Plastic Strapping industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market. Coverage of the Plastic Strapping Market: The report provides
Woven Polyester Strapping Market | FROMM Holding AG, OEMSERV Hong Kong Ltd, PAC …
The global woven polyester strapping market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the woven polyester strapping market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Global Metal Strapping Market 2019 - Signode, Samuel Strapping, Baosteel, Anshan …
This new report by Eon Market Research, titled “Global Metal Strapping Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Metal Strapping industry at a global as well as regional and country level. Key facts analyzed in this report include the Metal Strapping market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study
Global Strapping Market Outlook to 2023 – PAC Strapping Products, Uline, Linde …
Oct 2018, New York USA (News) - Strapping, also known as bundling and banding, is the process of applying a strap to an item to combine, stabilize, hold, reinforce, or fasten it. The strap may also be referred to as strapping. Strapping is most commonly used in the packaging industry. Request for Sample of Global Strapping Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=213023 In the Global Strapping Industry Market Analysis & Forecast 2018-2023,
Strapping Global Market 2018: Key Players – Signode, M.J.Maillis Group, Samuel …
Strapping Industry Description Wiseguyreports.Com Adds “Strapping -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report researches the worldwide Strapping market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.  This study categorizes the global Strapping breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future
Strapping Industry Market Is Booming Worldwide | Signode, Carolina Strapping, Co …
HTF MI recently introduced Global Strapping Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are PAC Strapping Products, Uline, Linder Seevetal, M.J.Maillis Group, Signode, Carolina Strapping, Cordstrap,