Data Bridge Market Research analyses that the Global Carton Sealing Tape Market which was USD 800 Billion in 2020 is expected to reach USD 1911.12 Million by 2028 and is expected to undergo a CAGR of 11.50% during the forecast period of 2020 to 2028. Carton Sealing Tape Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.
Global Carton Sealing Tape Market Segmentation Analysis
Global Carton Sealing Tape Market By Type (Pressure Sensitive, Water- activated and Others), Adhesive (Acrylic, Rubber- based, and Silicone), Application (Food and Beverages, Electronics, Consumer Goods, Cosmetics, Packaging and Other), Country (U.S., copyright, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
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Which are the top companies operating in the Carton Sealing Tape Market?
The “Global Carton Sealing Tape Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Carton Sealing Tape Market extension. This Carton Sealing Tape Market report provides the information of the Top 10 Companies in Carton Sealing Tape Market in the market their business strategy, financial situation etc.
**Segments**
- By Material Type: Acrylic, Hot Melt, Natural Rubber, Synthetic Rubber
- By Product Type: Printed Carton Sealing Tape, Non-Printed Carton Sealing Tape
- By Application: Food & Beverages, Chemicals, Consumer Goods, E-commerce, Others
The global carton sealing tape market experienced significant growth in 2020 due to the rise in e-commerce activities, leading to an increased demand for efficient packaging solutions. The market was valued at $6.1 billion in 2020 and is expected to reach $8.9 billion by 2028, growing at a CAGR of 4.9% during the forecast period. Acrylic tapes are projected to dominate the market owing to their high durability and strong adhesive properties.
The printed carton sealing tape segment is anticipated to witness substantial growth as it allows for customized branding and messaging on packaging materials. In terms of application, the food & beverages segment held the largest market share in 2020, driven by the expanding food delivery services and online grocery platforms. The chemicals and consumer goods sectors are also key contributors to the growth of the carton sealing tape market.
**Market Players**
- 3M
- tesa SE
- Intertape Polymer Group
- Shurtape Technologies, LLC
- Nitto Denko Corporation
- Berry Global Inc.
- Advance Tapes International Ltd.
- H.B. Fuller Company
- Avery Dennison Corporation
- Scapa Group plc
Key market players are focusing on product innovation and strategic partnerships to enhance their market presence. Mergers and acquisitions are common strategies adopted by these players to expand their product offerings and geographical reach. The increasing emphasis on sustainability and eco-friendly packaging solutions is also driving innovations in the carton sealing tape market. The competition in the market is intense, with companies vying to introduce cost-effective and high-performance sealing tape products to cater to the evolving needs of various industries.
https://wwwThe carton sealing tape market is witnessing significant growth driven by the surge in e-commerce activities globally. The increasing demand for efficient and reliable packaging solutions is propelling the market forward. One of the key factors contributing to this growth is the rise in online shopping, which has created a substantial need for secure packaging to ensure products reach customers intact. Carton sealing tapes play a crucial role in this process by providing a secure and tamper-evident seal to packages, reducing the risk of damage during transit.
Among the different segments of the market, acrylic tapes are expected to dominate due to their superior durability and strong adhesive properties. These tapes are preferred for their ability to adhere well to a variety of surfaces, ensuring that packages are securely sealed. The printed carton sealing tape segment is also gaining traction as companies look to customize their packaging with branding and messaging, enhancing their brand visibility and customer engagement.
In terms of applications, the food & beverages sector is a prominent consumer of carton sealing tapes. The increasing popularity of food delivery services and online grocery platforms has led to a growing demand for secure and reliable packaging solutions in this segment. Additionally, the chemicals and consumer goods industries are significant contributors to the market, further driving the adoption of carton sealing tapes worldwide.
Key market players, including 3M, tesa SE, Intertape Polymer Group, and others, are actively engaged in product innovation and strategic partnerships to strengthen their market positions. Mergers and acquisitions are common strategies employed by these players to expand their product portfolios and geographic footprint. The focus on sustainability and eco-friendly packaging solutions is playing a pivotal role in shaping the future of the carton sealing tape market, with companies striving to develop environmentally conscious products to meet consumer demands and regulatory requirements.
As competition in the market intensifies, companies are constantly innovating to introduce cost-effective and high-performance sealing tape products tailored to the evolving needs of various industries. The market dynamics are expected to continue evolving as technological advancements drive further innovation in cart**Market Players**
- Berry Global Inc.
- 3M
- Intertape Polymer Group
- Apollo Industries
- Can-Do National Tape
- Pro Tapes & Specialties, Inc.
- VIBAC S.p.A.
- World Packaging Co., Inc.
- Primetac
- PowerPack Elements
- Bagla Group
- NITTO DENKO CORPORATION
- Advance Tapes International
- Practical Packaging Solutions, Inc.
- SJF
- Stamar Packaging
- Shurtape Technologies, LLC
- Worldtech Industries Pvt. Ltd.
- Watershed Packaging Ltd
- POLINAS
The carton sealing tape market is highly competitive, with major players continually focusing on product innovation and strategic partnerships to capitalize on the growing demand for efficient packaging solutions. Companies such as Berry Global Inc., 3M, Intertape Polymer Group, and Shurtape Technologies, LLC are at the forefront of this market, leveraging their R&D efforts to introduce advanced sealing tape products that cater to diverse industry needs. Mergers and acquisitions are prevalent in the market, enabling players to enhance their product portfolios and expand their geographical reach.
The emphasis on sustainability and eco-friendly packaging solutions is a driving force shaping the future of the carton sealing tape market. Key players are investing in developing environmentally conscious products to align with consumer preferences and regulatory mandates. This shift towards eco-friendly options is not only driven by market trends but also the growing awareness of environmental concerns among businesses
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Overview of the Carton Sealing Tape Market Research Report
The Carton Sealing Tape Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.
Objectives of the Report
Conduct a comprehensive investigation to forecast the value and volume of the Carton Sealing Tape Market.
Analyze and project market shares for major segments within the Carton Sealing Tape Market.
Depict the evolving landscape of the Carton Sealing Tape Market across global regions.
Examine and assess micro markets, their contributions, and growth potential within the Carton Sealing Tape Market.
Provide accurate insights into the factors driving the growth of the Carton Sealing Tape Market.
Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.
Market Overview
The study concentrates on the present state of the Carton Sealing Tape Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.
Table of Contents:
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report DescriptionMarket Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...
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