Global Sealing and Strapping Packaging Tapes Market 2019-2023

Global Sealing and Strapping Packaging Tapes Market 2019-2023

Global Sealing and Strapping Packaging Tapes Market: About this market

Sealing and strapping packaging tapes are used for bundling and securing of goods during shipment. They are also used for sealing reinforcement packages and carton closing. Technavio’s sealing and strapping packaging tapes market analysis considers sales from the polypropylene, paper, and polyvinyl chloride (PVC) segments. Our analysis also considers the sales of sealing and strapping packaging tapes in APAC, Europe, MEA, North America, and South America. In 2018, the polypropylene segment held the highest market share, which is expected to remain prevalent over the forecast period. Polypropylene tapes cannot be torn by hand, and they are available with various adhesives, making them the preferred choice for package sealing applications. These factors will significantly help the polypropylene segment in maintaining its leading market position. Also, our global sealing and strapping packaging tapes report has observed market growth factors such as the economical and efficient properties, growth of end-user industries, and increasing demand from developing regions. However, fluctuating prices of polypropylene and PVC, rising prices of wood pulp and paper, and stringent regulations curbing the use of plastic and polymers may hamper the growth of the sealing and strapping packaging tapes industry over the forecast period.

Global Sealing and Strapping Packaging Tapes Market: Overview

Economical and efficient properties

Sealing and strapping packaging tapes are low-cost and lightweight alternatives to polyester and steel straps. They also have superior break strength, low elongation, and impact resistance. These factors are increasing their applications in the automotive and packaging industries. As a result, vendors are recording increased sales. Therefore, economical and efficient properties of sealing and strapping packaging will cater to the growth of the global paraphonic synthesizers market at a CAGR of almost 5% during the forecast period.

Increasing demand for eco-friendly products

Countries such as the US, Canada, and Germany are increasingly seeking ways to reduce their carbon footprint. Therefore, the majority of the industries in these countries are deploying eco-friendly products such as sealing and strapping packaging tapes. Vendors are making the most of this trend and are offering bio-degradable and recyclable sealing and strapping packaging tapes to increase their sales. As a result, the increasing demand for eco-friendly products is a crucial trend that will have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global sealing and strapping packaging tapes market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global sealing and strapping packaging tapes market is fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading sealing and strapping packaging tapes manufacturers, which include 3M Co., Berry Global Inc., H.B. Fuller Co., Intertape Polymer Group Inc., and Nitto Denko Corp.

Also, the sealing and strapping packaging tapes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunitie


Companies Mentioned

3M Co., Berry Global Inc., H.B. Fuller Co., Intertape Polymer Group Inc., and Nitto Denko Corp.

  • Executive summary
  • Scope of the report
    • Preface
      • Table Key vendor offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global consumer and industrial packaging market
      • Table Segments of global consumer and industrial packaging market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by material
    • Table Material - Market share 2018-2023 (%)
    • Comparison by material
      • Table Comparison by material
    • Polypropylene - Market size and forecast 2018-2023
      • Table Polypropylene - Market size and forecast 2018-2023 ($ billions)
      • Table Polypropylene - Year-over-year growth 2019-2023 (%)
    • Paper - Market size and forecast 2018-2023
      • Table Paper - Market size and forecast 2018-2023 ($ billions)
      • Table Paper - Year-over-year growth 2019-2023 (%)
    • PVC - Market size and forecast 2018-2023
      • Table PVC - Market size and forecast 2018-2023 ($ billions)
      • Table PVC - Year-over-year growth 2019-2023 (%)
    • Market opportunity by material
      • Table Market opportunity by material
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices: Spot prices, Yearly average 2014-2018 ($/barrel)
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing demand for eco-friendly products
    • Growth of the online retail stores/e-retailing
      • Table Quarterly e-commerce growth in the US over previous year (Q2 2016-Q2 2017)
    • Growth of the logistics and warehousing industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Vendor overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Organizational developments
      • Table 3M Co. - Geographic focus
      • Table 3M Co. - Segment focus
      • Table 3M Co. - Key offerings
    • Berry Global Inc.
      • Table Berry Global Inc. - Vendor overview
      • Table Berry Global Inc. - Business segments
      • Table Berry Global Inc. - Organizational developments
      • Table Berry Global Inc. - Geographic focus
      • Table Berry Global Inc. - Segment focus
      • Table Berry Global Inc. - Key offerings
    • H.B. Fuller Co.
      • Table H.B. Fuller Co. - Vendor overview
      • Table H.B. Fuller Co. - Business segments
      • Table H.B. Fuller Co. - Organizational developments
      • Table H.B. Fuller Co. - Geographic focus
      • Table H.B. Fuller Co. - Segment focus
      • Table H.B. Fuller Co. - Key offerings
    • Intertape Polymer Group Inc.
      • Table Intertape Polymer Group Inc. - Vendor overview
      • Table Intertape Polymer Group Inc. - Product segments
      • Table Intertape Polymer Group Inc. - Organizational developments
      • Table Intertape Polymer Group Inc. - Geographic focus
      • Table Intertape Polymer Group Inc. - Segment focus
      • Table Intertape Polymer Group Inc. - Key offerings
    • Nitto Denko Corp.
      • Table Nitto Denko Corp. - Vendor overview
      • Table Nitto Denko Corp. - Business segments
      • Table Nitto Denko Corp. - Organizational developments
      • Table Nitto Denko Corp. - Geographic focus
      • Table Nitto Denko Corp. - Segment focus
      • Table Nitto Denko Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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