High-strength packaging tapes made of polypropylene or polyester film
Market Overview
Embedded fiberglass filaments for added tensile strength
Pressure-sensitive adhesive coated onto backing material
Used for closing corrugated fiberboard boxes, reinforcing packages
Market Value & Growth Projections
Market Statistics:
Global market size: USD 2,334 million (2023)
Projected to reach: USD 3,843.93 million (2032) CAGR: 5.70% (2024-2032)
North America market: USD 669.05 million (2023)
North America CAGR: 4.89% (2024-2032)
Key Market Drivers:
Growing demand for secure packaging
Technological advancements in tape manufacturing
Expansion of end-user industries
Rising e-commerce sector requiring robust packaging solutions
Market Segmentation
By Type
By Application
0.5 Inch
0.75 Inch
1 Inch
1.5 Inch
2 Inch
Others (2.5, 3, 4, 6 Inch)
Key Market Players
Regional Market Analysis
North America:
USD 669.05 million (2023), 4.89% CAGR, driven by aerospace, automobile, and construction sectors
Europe: Steady growth led by Germany, UK, and France, strong demand in construction and cable industries
Asia-Pacific:
Rapid growth in China, Japan, and India, expanding aerospace and automobile sectors
Middle East & Africa:
Growing demand in Saudi Arabia, UAE, and South Africa, primarily from construction and automobile sectors
South & Central America: Emerging markets in Brazil and Argentina, driven by construction and home appliances
