Comprehensive Study on the Sealing and Strapping Packaging Tapes Market: Enhancing Industry Insight, Anticipating Trends, Analyzing Growth Factors, and Projecting Development from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Sealing and Strapping Packaging Tapes Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Sealing & strapping packaging tapes Market to reach USD 25.27 billion by 2027. Global Sealing & strapping packaging tapes Market is valued approximately USD 18.82 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.30 % over the forecast period 2021-2027.
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Sealing & strapping packaging tapes is a type of adhesive tape which is used for general sealing, wrapping, enclosing and bundling to prepare items for handling, storage, or shipping. And generally used for transporting materials securely for all types of shipment such as fragile products and bulky loads. These tapes are durable, reliable and easy to use. As sealing & strapping packaging tapes are eco-friendly and easy to use it drives the growth for the market.. According to IBEF, packaging tapes industry would increase from 0.36 million tons in 2007 to 3.46 million tons in 2020. Also, growing demand for tapes in packaging industry specially in advancing nations will drive the growth opportunities for sealing & strapping packaging tape market. However, strict regulations by government are taken for reshaping the packaging tapes market which will further challenge the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Sealing & strapping packaging tapes market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in sealing & strapping packaging tape market as the major market players are present in this region and the region include booming packaging industry like China, India, Vietnam, Indonesia and Japan. Along with this, the labors and raw materials are available in the region easily. Also, increasing preference for door delivery services will boost the growth for sealing & strapping packaging tapes market. Whereas, North America is anticipated to exhibit highest CAGR over the forecast period 2021-2027. Because there is increase in demand for healthcare supplies which will be driving growth for the region in forecasted period.
Major market player included in this report are:
Avery Dennison Corporation
3M Company
Nitto Denko Corporation
Intertape Polymer Group
Tesa SE
Scapa Group plc
Shrutapes Technologies
Nichiban
Mactac
Wuhan Huaxia Nanfeng Adhesive Tapes
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Paper
Polypropylene
Polyvinyl Chloride
Others
By Type of Adhesive:
Acrylic
Rubber-Based
Silicone
Others
By Application:
Carton Sealing Tapes
Strapping & Building
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Sealing and Strapping Packaging Tapes market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Sealing and Strapping Packaging Tapes industry?
- What are the major challenges that the Sealing and Strapping Packaging Tapes Market may face in the future?
- Who are the leading companies in the Sealing and Strapping Packaging Tapes Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Sealing and Strapping Packaging Tapes Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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