The Global Sealing & Strapping Packaging Tapes Market report pinpoint and estimate vital and diverse types under growth for Sealing & Strapping Packaging Tapes market. It identifies potential clients or partners in the target regions. It also modifies the portfolio by classifying and examining discontinued schemes and understanding the features of the market. The Sealing & Strapping Packaging Tapes presents in detail forecast regarding the market’s growth trajectory during the forecast period.
Market Analysis: Global Sealing & Strapping Packaging Tapes Market
Global sealing & strapping packaging tapes market is expected to rise to an estimated value of USD 24.79 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026.
This rise in market value can be attributed to the increased usage of the product from a wider application area.
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This Sealing & Strapping Packaging Tapes report will aid the users in understanding the market in depth using statistical figures. The data used in the Sealing & Strapping Packaging Tapes report is taken from reliable sources such as journals, websites, and annual reports of the companies, which were reviewed and validated by the industry experts. The vendors available in the market compete centered on price, quality, brand, product differentiation, and product portfolio. The vendors are increasingly emphasizing product customization through customer interaction. The Sealing & Strapping Packaging Tapes report provides a detailed analysis of the changing competitive landscape that keeps the reader/client ahead of the competitors.
Global sealing & strapping packaging tapes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sealing & strapping packaging tapes market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Global Sealing & Strapping Packaging Tapes Market Segmentation:
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Ethylene Vinyl Acetate
By Adhesive Type
- Carton Sealing
- Strapping & Bundling
- North America
- South America
- Middle East and Africa
- Increasing usage of packaging products from the developing regions of the world due to a surge in e-commerce industry is expected to positively affect the growth of the market
- Widespread adoption and preference of these tapes due to the comfort of usage; this factor is expected to drive the growth of the market
- Longer duration of shelf-life and better adhesion strength are characteristics fostering growth of the market value
- Increasing prices of the product due to a surge in pricing of raw materials; this factor is expected to restrain the growth of the market
- Presence of strict compliances regarding the usage of adhesive-based tapes is expected to hamper growth of the market
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Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
Key Market Competitors: Global Sealing & Strapping Packaging Tapes Market
Few of the major competitors currently working in the global sealing & strapping packaging tapes market are Avery Dennison Corporation; 3M; Intertape Polymer Group; NITTO DENKO CORPORATION; tesa SE – A Beiersdorf Company; NICHIBAN Co., Ltd.; Shurtape Technologies, LLC; Mactac Americas; Ajit Industries Pvt. Ltd.; Advance Tapes International; Cantech; Industrias TUK, S.A. de C.V.; Berry Global Inc.; Adhesives Research, Inc.; Stick Tapes Private Limited; Can-Do National Tape; Euro Tapes Private Limited (Unit Of Euro Technologies); UltraTape; U Pack; Xinxiang Yongsheng Packaging Materials Technology Co., Ltd. and RAJAPACK Ltd among others.
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