Sealing & Strapping Packaging Tapes Market To Reach USD 24.62 Billion By 2026 – Reports And Data

The global sealing & strapping packaging tapes market is forecast to reach USD 24.62 Billion by 2026, according to a new report by Reports and Data. An integration of different market factors are spurring the growth of the market. One of the mentionable factors in this regards is the growth of the e-commerce industry. In the functioning of the e-commerce sector, protective packaging plays an essential role. This type of packaging tapes is known for its traits like light-weight, flexibility, and high tensile strength, which has resulted in its increased incorporation in the e-commerce sector.

Furthermore, the availability of packaging tapes in different grades, some having tensile strength of 600 pounds per inch of width and the continuous expansion of the packaging and logistics sector is another mentionable market factor that is supporting the market expansion. The continuously growing manufacturing industry in different regions like Asia Pacific, and Europe are also increasing the demand for this type of packaging tapes. Changing market trend is another aspect that is opening new avenues of operation for the market. There has been an increasing demand for eco-friendly products. Such changing preferences opens up avenues for this type of packaging tapes that are formed of recyclable and biodegradable materials.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1817

In context to region, Europe is holding a considerable market share. The presence of significant manufacturers of sealing & strapping packaging tapes in this region and well-established manufacturing industry contributes to the growth of the market in this region.

Key participants include:

3M Company, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group PLC, Intertape Polymer Group, Inc., Wuhan Huaxia Nanfeng Adhesive Tapes, Nichiban Co. Ltd, Mactac, LLC., and CCT Tapes.

Further key findings from the report suggest

• The sealing & strapping packaging tapes market held a market share of USD 17.10 Billion in the year 2018. It is projected to witness a growth rate of 4.5% during the forecast period.
• In regards to Adhesive type, the Acrylic segment is leading the market that generated the highest revenue of USD 7.70 Billion in 2018 with a CAGR of 4.8% during the forecast period. The revenue generated by the Acrylic segment is the result of its traits like break resistance, elasticity, and transparency that results in its high preference among end-users.
• In regards to Raw Materials, the Polypropylene (PP) segment yielded the highest revenue of USD 7.35 Billion in 2018 with the fastest growth rate of 5.2% during the forecast period. The revenue generated by the PP segment is consequential of its traits like impact-resistance, break resistance, and chemical resistance, which results in its high preference among the manufacturers of packaging tapes market.
• In context to Application, the Carton Sealing segment holds the larger market share of 63.0% in 2018 with a growth rate of 3.7% during the forecast period. The market share occupied by this segment is attributed to the high demand for carton sealing in different types of packaging for tertiary, secondary, and primary packaging products.
• In regards to region, Europe holds the second-largest markets share of 23.0% in 2018 with the second-highest growth rate of 4.9% during the forecast period. Factors like the presence of significant manufacturers of sealing & strapping packaging tapes in this region and well-established manufacturing industry, contribute to the market share occupied by this region.

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For the purpose of this report, Reports and Data have segmented the global sealing & strapping packaging tapes market according to Adhesive Type, Raw Materials, Application, and Region:

Adhesive Type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Rubber-based
• Silicone
• Acrylic
• Others

Raw Materials type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Polypropylene
• Polyvinyl Chloride
• Paper
• Others

Application Type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Strapping & Bundling
• Carton Sealing

Regional Outlook (Volume, Million Meter; Revenue, USD Billion; 2016-2026)

• North America
  • U.S.
• Europe
  • UK
  • France
• Asia Pacific
  • China
  • India
  • Japan
• MEA
• Latin America
  • Brazil

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1817

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release:  https://www.reportsanddata.com/press-release/global-sealing-and-strapping-packaging-tapes-market

The post Sealing & Strapping Packaging Tapes Market To Reach USD 24.62 Billion By 2026 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

The global sealing & strapping packaging tapes market is forecast to reach USD 24.62 Billion by 2026, according to a new report by Reports and Data. An integration of different market factors are spurring the growth of the market. One of the mentionable factors in this regards is the growth of the e-commerce industry. In the functioning of the e-commerce sector, protective packaging plays an essential role. This type of packaging tapes is known for its traits like light-weight, flexibility, and high tensile strength, which has resulted in its increased incorporation in the e-commerce sector.

Furthermore, the availability of packaging tapes in different grades, some having tensile strength of 600 pounds per inch of width and the continuous expansion of the packaging and logistics sector is another mentionable market factor that is supporting the market expansion. The continuously growing manufacturing industry in different regions like Asia Pacific, and Europe are also increasing the demand for this type of packaging tapes. Changing market trend is another aspect that is opening new avenues of operation for the market. There has been an increasing demand for eco-friendly products. Such changing preferences opens up avenues for this type of packaging tapes that are formed of recyclable and biodegradable materials.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1817

In context to region, Europe is holding a considerable market share. The presence of significant manufacturers of sealing & strapping packaging tapes in this region and well-established manufacturing industry contributes to the growth of the market in this region.

Key participants include:

3M Company, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group PLC, Intertape Polymer Group, Inc., Wuhan Huaxia Nanfeng Adhesive Tapes, Nichiban Co. Ltd, Mactac, LLC., and CCT Tapes.

Further key findings from the report suggest

• The sealing & strapping packaging tapes market held a market share of USD 17.10 Billion in the year 2018. It is projected to witness a growth rate of 4.5% during the forecast period.
• In regards to Adhesive type, the Acrylic segment is leading the market that generated the highest revenue of USD 7.70 Billion in 2018 with a CAGR of 4.8% during the forecast period. The revenue generated by the Acrylic segment is the result of its traits like break resistance, elasticity, and transparency that results in its high preference among end-users.
• In regards to Raw Materials, the Polypropylene (PP) segment yielded the highest revenue of USD 7.35 Billion in 2018 with the fastest growth rate of 5.2% during the forecast period. The revenue generated by the PP segment is consequential of its traits like impact-resistance, break resistance, and chemical resistance, which results in its high preference among the manufacturers of packaging tapes market.
• In context to Application, the Carton Sealing segment holds the larger market share of 63.0% in 2018 with a growth rate of 3.7% during the forecast period. The market share occupied by this segment is attributed to the high demand for carton sealing in different types of packaging for tertiary, secondary, and primary packaging products.
• In regards to region, Europe holds the second-largest markets share of 23.0% in 2018 with the second-highest growth rate of 4.9% during the forecast period. Factors like the presence of significant manufacturers of sealing & strapping packaging tapes in this region and well-established manufacturing industry, contribute to the market share occupied by this region.

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1817

For the purpose of this report, Reports and Data have segmented the global sealing & strapping packaging tapes market according to Adhesive Type, Raw Materials, Application, and Region:

Adhesive Type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Rubber-based
• Silicone
• Acrylic
• Others

Raw Materials type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Polypropylene
• Polyvinyl Chloride
• Paper
• Others

Application Type Outlook (Volume, Million Meters; Revenue, USD Billion; 2016-2026)

• Strapping & Bundling
• Carton Sealing

Regional Outlook (Volume, Million Meter; Revenue, USD Billion; 2016-2026)

• North America
  • U.S.
• Europe
  • UK
  • France
• Asia Pacific
  • China
  • India
  • Japan
• MEA
• Latin America
  • Brazil

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1817

Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:

Ammonium Phosphate Market Size, Share, Trends & Analysis, Report By Type (Ammonium Polyphosphate, Di-Ammonium Phosphate (DAP), Mono-Ammonium Phosphate (MAP)), By Application (Fertilizers, Flame Retardant, Food & Beverage, Water Treatment Chemicals, Others), By Region, Competitive Strategies and Segment Forecasts for 2016-2026

Agricultural Chelates Market Size, Share & Analysis, By Type (EDTA, EDDHA, DTPA, IDHA, Others), By Application (Soil Application, Seed Dressing, Foliar Sprays, Fertigation, Others), By Micronutrient Type (Iron, Manganese, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By End-Use (Agriculture, Indoor Farming), And By Region Forecast To 2028

Borosilicate Glass Market Size, Share & Analysis By Type (Non-Alkaline Earth, Alkaline Earth Containing, High-Borate), Byapplication (Heat-Resistant Glass Panels, Display Screens, Lighting Glass, Sealing Glasses, Neutral Glasses, Cosmetic Containers, Solar Glass, Glass Microspheres, Others), By Region, Segment Forecast To 2027

Acoustic Metamaterials Market By Type (Resonant Membrane, Periodic Resonators, Sonic Crystal), By Application Type (Seismic Wave Reflection, Vibration Control, And Others), And Region-Global Forecast To 2027

Gracilaria Agarose and Gelidium Agarose Market Size, Share & Analysis, By Type (Gracilaria Agarose, Wild Harvest, Aquaculture, Gelidium Agarose, Wild Harvest, Aquaculture), By Application (Agarose Gel Electrophoresis, Protein Purification, Food & Beverage, Cosmetic, Microbiology, Others), By Region Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release:  https://www.reportsanddata.com/press-release/global-sealing-and-strapping-packaging-tapes-market

The post Sealing & Strapping Packaging Tapes Market To Reach USD 24.62 Billion By 2026 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.