Sealing & Strapping Packaging Tapes Market

Sealing & Strapping Packaging Tapes Market by Material (PP, Paper, PVC), type of adhesive (Acrylic, Rubber-based, and Silicone), Applications (Carton sealing and Strapping & bundling), and Region - Global Forecast to 2023

Report Code: PK 6924 Feb, 2019, by marketsandmarkets.com

[126 Pages Report] The sealing & strapping packaging tapes market is projected to grow from USD 17.4 billion in 2018 to USD 22.1 billion by 2023, at a CAGR of 4.89% from 2018. The growth in the sports and outdoor apparel industry, due to the growing health awareness among consumers and increasing fitness activities, are driving the growth of the sealing & strapping packaging tapes market during the forecast period. In addition, the increase in demand for protective clothing and accessories such as military, surgical/medical, and chemical protection garments are influencing the growth of the market.  

Sealing & Strapping Packaging Tapes Market

The polypropylene segment is projected to dominate the sealing & strapping packaging tapes market through 2023

The polypropylene segment is projected to account for the largest share of the sealing & strapping packaging tapes market, in terms of value and volume, from 2018 to 2023. This dominance of this segment is attributed to its properties such as high abrasion, impact-resistant, water-resistant, and high flexibility. These properties have led to an increasing preference for polypropylene, which is used in the production of sealing & strapping packaging tapes. The paper segment is projected to be the second-largest segment, in terms of value and volume, from 2018 to 2023, due to various properties such as flexibility, transparency, light-weight, and a good barrier to oxygen and water.

The rubber-based segment is projected to register the highest growth in the sealing & strapping packaging tapes market during the forecast period

Numerous advantages of acrylic adhesives in sealing & strapping packaging tapes include superior waterproofing and excellent adhesion. In addition, they find application across industries, and its benefits have contributed to the high growth of this segment in the sealing & strapping packaging tapes market. These are also preferred for outdoor applications such as automotive rims and signage boards. The acrylic adhesive-based packaging tapes are widely used in medical and automotive applications including packaging due to their excellent adhesion properties.

Sealing & Strapping Packaging Tapes Market

The Asia Pacific sealing & strapping packaging tapes market is projected to register the highest CAGR during the forecast period

The Asia Pacific region is projected to witness the fastest growth in the sealing & strapping packaging tapes market, in terms of value. This high growth of the market is attributed to the growth of the packaging industry in emerging economies such as China, India, Vietnam, and Taiwan in the Asia Pacific region. In addition, these countries are the largest exporters of packaging materials globally. Cheap labor costs and the availability of domestically produced raw materials have further contributed to the growth of the market in this region.

Key Market Players

The sealing & strapping packaging tapes market is dominated by large players such as Avery Dennison Corporation (US), 3M Company (US), Nitto Denko Corporation (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany), Scapa Group plc (UK), Shrutapes (US), Nichiban (Japan), Mactac (US), and Wuhan Huaxia Nanfeng Adhesive Tapes (China). These players have established brands, a wide product portfolio, and a strong geographical presence in various countries.

Intertape Polymer Group is one of the global manufacturers of various paper- and film-based pressure-sensitive and water-activated tapes, woven-coated fabrics, polyethylene, and specialized polyolefin films, and complementary packaging systems. Its wide range of products caters to various applications across packaging, construction, electrical & electronics, consumer, marine, automotive, transport, and other industries. Strong global presence and specialization in the production of sealing & strapping packaging tapes ensured its leading position in the market. The company has a strong geographical reach; for instance, it operates in 17 locations worldwide, having 11 manufacturing sites in North America, Europe, and in some countries of the Asia Pacific.

Key Questions Addressed by the Report:

  • Which regions offer immense opportunities in the sealing & strapping packaging tapes market?
  • What are the upcoming industry trends for sealing & strapping packaging tapes?
  • What are the high-growth segments in the sealing & strapping packaging tapes market?
  • What are the factors driving the growth of the market?
  • What are the substitutes of sealing & strapping packaging tapes in various applications?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Regional Scope
           1.3.2 Periodization Considered
    1.4 Currency Considered
    1.5 Unit Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Developing Economies to Register High Growth in Demand for Sealing & Strapping Packaging Tapes
    4.2 Sealing & Strapping Packaging Tapes Market, By Material
    4.3 Sealing & Strapping Packaging Tapes Market, By Type of Adhesive
    4.4 Sealing & Strapping Packaging Tapes Market, By Application
    4.5 Asia Pacific Sealing & Strapping Packaging Tapes Market, By Application and Country
    4.6 Sealing & Strapping Packaging Tapes Market: Key Countries

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Wide Range of Applications in the Packaging Industry
                    5.2.1.2 Increasing Demand From the Asia Pacific Region
                    5.2.1.3 Wide Acceptance of Packaging Tapes Due to Ease of Applicability
           5.2.2 Restraints
                    5.2.2.1 Rise in Raw Material Prices
           5.2.3 Opportunities
                    5.2.3.1 Emerging Economies in the Asia Pacific Region
           5.2.4 Challenges
                    5.2.4.1 Stringent Government Regulations Reshaping the Packaging Tapes Market

6 Sealing & Strapping Tapes Market, By Material (Page No. - 38)
    6.1 Introduction
    6.2 Paper
    6.3 Polypropylene
    6.4 Polyvinyl Chloride
    6.5 Others

7 Sealing & Strapping Packaging Tapes Market, By Type of Adhesive (Page No. - 42)
    7.1 Introduction
    7.2 Acrylic
    7.3 Rubber
    7.4 Silicone
    7.5 Others

8 Sealing & Strapping Packaging Tapes Market, By Application (Page No. - 46)
    8.1 Introduction
    8.2 Carton Sealing
    8.3 Strapping & Bundling

9 Sealing & Strapping Packaging Tapes Market, By Region (Page No. - 49)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 The US is the Largest Country-Level Market for Sealing & Strapping Packaging Tapes, Globally
           9.2.2 Mexico
                    9.2.2.1 Rapidly Growing Packaging Industry to Drive the Sealing & Strapping Packaging Tapes Market in Mexico
           9.2.3 Canada
                    9.2.3.1 Growing Demand for Carton Sealing Tapes From the E-Commerce Industry to Support the Canadian Sealing & Strapping Packaging Tapes Market
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Germany to Dominate the Sealing & Strapping Packaging Tapes Market in Europe
           9.3.2 Italy
                    9.3.2.1 Growth in Automotive Industry in Italy Driving the Sealing & Strapping Packaging Tapes Market
           9.3.3 Spain
                    9.3.3.1 Strapping & Bundling to Witness High Growth During Forecast Period
           9.3.4 France
                    9.3.4.1 France has Potential Market for Sealing & Strapping Packaging Tapes
           9.3.5 UK
                    9.3.5.1 Carton Sealing Tapes to Witness High Consumption in the UK By 2023
           9.3.6 Russia
                    9.3.6.1 Strapping & Bundling to Witness High Growth in Russia By 2023
           9.3.7 Poland
                    9.3.7.1 Poland to Grow at A Significant Rate in the Sealing & Strapping Packaging Tapes Market
           9.3.8 Rest of Europe
                    9.3.8.1 Strapping & Bundling to Growth at the Highest Rate in the Rest of Europe Region By 2023
    9.4 Asia Pacific
           9.4.1 China
                    9.4.1.1 China Dominates the Sealing & Strapping Packaging Tapes Market in the Asia Pacific Region
           9.4.2 India
                    9.4.2.1 India to Be the Fastest Growing Country in the Asia Pacific Sealing & Strapping Packaging Tapes Market
           9.4.3 Japan
                    9.4.3.1 Japan to Have the Second-Largest Share in the Asia Pacific Sealing & Strapping Packaging Tapes Market
           9.4.4 Taiwan
                    9.4.4.1 Stable Economic Growth of the Country Drives the Sealing & Strapping Packaging Tapes Market in Asia Pacific
           9.4.5 Indonesia
                    9.4.5.1 Heavy Investments in the Indonesian Market to Drive the Sealing & Strapping Packaging Tapes Market in the Country
           9.4.6 South Korea
                    9.4.6.1 South Korea is Projected to Witness Significant Growth in the Sealing & Strapping Packaging Tapes Market
           9.4.7 Rest of Asia Pacific
                    9.4.7.1 Strapping & Bundling is Projected to Be the Fastest Growing Segment in the Sealing & Strapping Packaging Tapes Market in Rest of Asia Pacific
    9.5 Middle East & Africa
           9.5.1 Turkey
                    9.5.1.1 Carton Sealing Tapes to Remain the Largest Segment in the Sealing & Strapping Packaging Tapes Market in Turkey
           9.5.2 South Africa
                    9.5.2.1 The Growing Industrialization and Urbanization is Projected to Support the Growth of the Sealing & Strapping Packaging Tapes Market in South Africa
           9.5.3 Rest of the Middle East & Africa
                    9.5.3.1 Strapping & Bundling to Be the Fastest Growing Segment in the Sealing & Strapping Packaging Tapes Market in Rest of Middle East & Africa
    9.6 South America
           9.6.1 Brazil
                    9.6.1.1 Brazil to Be the Largest Market for Sealing & Strapping Packaging Tapes in South America
           9.6.2 Argentina
                    9.6.2.1 Developing Packaging Industries to Drive the Sealing & Strapping Packaging Tapes Market in Argentina
           9.6.3 Rest of South America
                    9.6.3.1 Carton Sealing Tape to Remain the Largely Used Application in the Sealing & Strapping Packaging Tapes Market in Rest of South America

10 Competitive Landscape (Page No. - 95)
     10.1 Overview
     10.2 Competitive Leadership Mapping, 2017
             10.2.1 Visionary Leaders
             10.2.2 Innovators
             10.2.3 Dynamic Differentiator
             10.2.4 Emerging Companies
     10.3 Source: Marketsandmarkets Analysis
     10.4 Market Ranking

11 Company Profiles (Page No. - 99)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     11.1 Avery Dennison Corporation
     11.2 3M Company
     11.3 Nitto Denko Corporation.
     11.4 Intertape Polymer Group
     11.5 Tesa SE
     11.6 Scapa Group PLC
     11.7 Shurtapes Technologies
     11.8 Nichiban
     11.9 Mactac
     11.10 Wuhan Huaxia Nanfeng Adhesive Tapes
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
     11.11 Other Companies
             11.11.1 Ajit Industries
             11.11.2 Advanced Tapes International
             11.11.3 Canadian Technical Tape Ltd.
             11.11.4 Industrias Tuk, S.A. De C.V.
             11.11.5 Berry Plastics Corporation.
             11.11.6 Adchem Corporation
             11.11.7 CCT Tapes
             11.11.8 Dewal Industries
             11.11.9 Adhesive Research, Inc.
             11.11.10 Gergonne – the Adhesive Solution

12 Appendix (Page No. - 120)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details


List of Tables (97 Tables)

Table 1 USD Conversion Rates, 2014–2017
Table 2 Sealing & Strapping Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 3 Sealing & Strapping Tapes Market Size, By Material, 2016–2023 (Million Meters)
Table 4 Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 5 Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 6 Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 7 Sealing & Strapping Packaging Tapes Market Size, By Application, 2016-2023 (Million Square Meters)
Table 8 Sealing & Strapping Packaging Tapes Market Size, By Region, 2016–2023 (USD Million)
Table 9 Sealing & Strapping Packaging Tapes Market Size, By Region, 2016–2023 (Million Square Meters)
Table 10 North America: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (USD Million)
Table 11 North America: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (Million Square Meters)
Table 12 North America: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 13 North America: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (Million Square Meters)
Table 14 North America: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 15 North America: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 16 North America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 17 North America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 18 US: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 19 US: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 20 Mexico: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 21 Mexico: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 22 Canada: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 23 Canada: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 24 Europe: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (USD Million)
Table 25 Europe: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (Million Square Meters)
Table 26 Europe: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 27 Europe: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (Million Square Meters)
Table 28 Europe: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 29 Europe: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 30 Europe: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 31 Europe: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 32 Germany: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 33 Germany: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 34 Italy: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 35 Italy: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 36 Spain: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 37 Spain: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 38 France: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 39 France: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 40 UK: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 41 UK: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 42 Russia: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 43 Russia: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 44 Poland: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 45 Poland: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 46 Rest of Europe: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 47 Rest of Europe: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 48 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (USD Million)
Table 49 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (Million Square Meters)
Table 50 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 51 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (Million Square Meters)
Table 52 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 53 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 54 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 55 Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 56 China: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 57 China: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 58 India: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 59 India: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 60 Japan: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 61 Japan: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 62 Taiwan: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 63 Taiwan: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 64 Indonesia: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 65 Indonesia: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 66 South Korea: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 67 South Korea: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 68 Rest of Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 69 Rest of Asia Pacific: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 70 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (USD Million)
Table 71 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (Million Square Meters)
Table 72 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 73 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (Million Square Meters)
Table 74 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 75 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 76 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 77 Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 78 Turkey: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 79 Turkey: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 80 South Africa: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 81 South Africa: Sealing & Strapping Packaging Tapes Market Size, By Type, 2016–2023 (Million Square Meters)
Table 82 Rest of the Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 83 Rest of the Middle East & Africa: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 84 South America: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (USD Million)
Table 85 South America: Sealing & Strapping Packaging Tapes Market Size, By Country, 2016–2023 (Million Square Meters)
Table 86 South America: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (USD Million)
Table 87 South America: Sealing & Strapping Packaging Tapes Market Size, By Material, 2016–2023 (Million Square Meters)
Table 88 South America: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (USD Million)
Table 89 South America: Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2016–2023 (Million Square Meters)
Table 90 South America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 91 South America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 92 Brazil: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 93 Brazil: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 94 Argentina: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 95 Argentina: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)
Table 96 Rest of South America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (USD Million)
Table 97 Rest of South America: Sealing & Strapping Packaging Tapes Market Size, By Application, 2016–2023 (Million Square Meters)


List of Figures (35 Figures)

Figure 1 Sealing & Strapping Packaging Tapes Market Segmentation
Figure 2 Sealing & Strapping Packaging Tapes Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Sealing & Strapping Packaging Tapes Market: Data Triangulation
Figure 6 Polypropylene Material to Dominate the Market Through the Forecast Period
Figure 7 Rubber-Based Segment Accounted for the Largest Market Share in 2017
Figure 8 Strapping & Bundling is Projected to Be the Fastest Growing Application, During the Forecast Period
Figure 9 Asia Pacific Dominated the Market in 2017
Figure 10 Growing Packaging Industry in Developing Economies Presents Attractive Opportunities for the Sealing & Strapping Packaging Tapes Market
Figure 11 Polypropylene Material to Grow at the Highest Rate During the Forecast Period
Figure 12 Acrylic Segment to Dominate the Sealing & Strapping Packaging Tapes Market Through 2023
Figure 13 Carton Sealing Tapes to Dominate the Market Through 2023
Figure 14 China is Estimated to Be the Largest Market for Sealing & Strapping Packaging Tapes in 2018
Figure 15 India to Grow at the Highest CAGR From 2018 to 2023
Figure 16 Growing Demand From the Asia Pacific Region and Wide Range of Applications in the Packaging Industry Fuel the Growth of the Sealing & Strapping Packaging Tapes Market
Figure 17 Sealing & Strapping Tapes Market Size, By Material, 2018 vs 2023 (USD Million)
Figure 18 Sealing & Strapping Packaging Tapes Market Size, By Type of Adhesive, 2018 vs 2023 (USD Million)
Figure 19 Sealing & Strapping Packaging Tapes Market Size, By Application, 2018 & 2023 (USD Million)
Figure 20 Geographic Snapshot (2018–2023): China Projected to Register the Highest Growth Rate
Figure 21 Asia Pacific Sealing & Strapping Packaging Tapes Market Snapshot
Figure 22 Asia Pacific Sealing & Strapping Packaging Tapes Packaging Market: Key Countries (2017)
Figure 23 Sealing & Strapping Packaging Tapes Market: Competitive Leadership Mapping, 2017
Figure 24 Market Ranking of Key Players, 2017
Figure 25 Avery Dennison Corporation: Company Snapshot
Figure 26 Avery Dennison Corporation: SWOT Analysis
Figure 27 3M Company: Company Snapshot
Figure 28 3M Company: SWOT Analysis
Figure 29 Nitto Denko Corporation: Company Snapshot
Figure 30 Nitto Denko Corporation: SWOT Analysis
Figure 31 Intertape Polymer Group: Company Snapshot
Figure 32 Intertape Polymer Group: SWOT Analysis
Figure 33 Tesa SE: Company Snapshot
Figure 34 Tesa SE: SWOT Analysis
Figure 35 Scapa Group PLC: Company Snapshot

The study involved four major activities for estimating the current market size for the sealing & strapping packaging tapes market. The primary objective of the study is to define, segment, and project the sealing & strapping packaging tapes market size on the basis of material, type of adhesive, application, and regions. The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition, the study analyzes competitive developments such as acquisitions, agreements, expansions, and new product launches.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, sales professionals, and related key executives from key companies and organizations operating in the sealing & strapping packaging tapes market. The primary sources from the demand side include key executives from the end-user industries of sealing & strapping packaging tapes technologies such as packaging, food & beverage, healthcare & pharmaceuticals, electronics & automotive, and consumer durables. Following is the breakdown of primary respondents.

Sealing & Strapping Packaging Tapes Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the sealing & strapping packaging tapes market. These approaches were also used extensively to estimate the size of various dependent subsegments in the market. The research methodology used to estimate the market size include the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

  • After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides.

Research objectives

  • To define, segment, and project the global sealing & strapping packaging tapes market on the basis of material, type of adhesive, application, and region.
  • To provide information about key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To project the size of the market, in terms of value and volume, with respect to four main regions (along with their respective key countries), namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments, such as agreements & joint ventures, mergers & acquisitions, and new product developments in the sealing & strapping packaging tapes market

Scope of the report

Report Metric

Details

Market size available for years

2016-2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD Million)

Segments covered

Material, Type of Adhesive, Application, and Region

Geographies covered

North America, Asia Pacific, Europe, South America,  and Middle East & Africa

Companies covered

Avery Dennison Corporation (US), 3M Company (US), Nitto Denko Corporation (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany), Scapa Group plc (UK), Shrutapes (US), Nichiban (Japan), Mactac (US), and Wuhan Huaxia Nanfeng Adhesive Tapes (China)

This research report categorizes the sealing & strapping packaging tapes market based on material, type of adhesive, application, and region.

Based on Material, the market has been segmented as follows:

  • Paper
  • Polypropylene
  • Polyvinyl Chloride
  • Polyester
  • Others (Reinforced Fiberglass and polyethylene films)

Based on Type of Adhesive, the market has been segmented as follows:

  • Acrylic
  • Rubber-based
  • Silicon
  • Others (EVA and Butyl)

Based on Application, the market has been segmented as follows:

  • Carton sealing tapes
  • Strapping & bundling

Based on Region, the market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the client-specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of the market for different application in various end-use industries.

Geographic Analysis

  • Further analysis of the sealing &  strapping packaging tapes market for additional countries

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Report Code
PK 6924
Published ON
Feb, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Sealing & Strapping Packaging Tapes Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home