With a compound annual growth rate (CAGR) of 4.7%, the adhesive tapes market is expected to grow from USD 85.1 billion in 2024 to USD 107.1 billion in 2029. The report breaks down the market by end-use industry (packaging, healthcare, electric & electronics, automotive) region, adhesive tapes type (acrylic, rubber, silicone), technology (solvent, hot-melt, water-based), backing material (PP, paper, PVC), and global forecast to 2029. One of the biggest markets for sticky tapes is Asia Pacific. Across a wide range of sectors, including the automotive, packaging, construction, electronics, healthcare, and more, adhesive tape demand is rising significantly. Emerging markets for adhesive tapes are anticipated to be driven mostly by countries like China, India, Brazil, and Mexico.
Important Market Participants
3M Company (US), Avery Dennison Corporation (US), Intertape Polymer Group, Inc. (US), Nitto Denko Corporation (Japan), SCAPA Group PLC (UK), Berry Global Inc. (US), Tesa SE (Germany), Lohmann GMBH & Co. KG (Germany) Saint-Gobain Performance Plastics (France), and Lintec Corporation (Japan) are the key players in the global adhesive tapes market.
Asia Pacific region is likely to be the fastest growing adhesive tapes market during the forecast period.
Rapid industrialization and urbanization in the Asia Pacific region are driving demand across various sectors including automotive, packaging, electronics, construction, and healthcare. With expanding manufacturing activities in countries like China, India, Japan, and South Korea, there’s a rising need for adhesive tapes for assembly, bonding, sealing, and packaging applications. Additionally, due to the growing popularity of online shopping among consumers and the growth of logistics and delivery services, the thriving e-commerce sector is dramatically raising the need for adhesive tapes for safe and effective packaging during shipment and handling. Furthermore, the construction industry is experiencing an increase in demand for bonding, sealing, insulation, and surface protection due to ongoing infrastructure development projects, especially in China and India. Technological developments in adhesive tape that cater to various industrial requirements are expected to bolster market expansion in the area.
Adhesive Tapes Industry Trends
Driver: The impact of e-commerce on the packaging industry’s use of sticky tape films
Limitation: The fluctuation of raw material prices in the production of adhesive tape
Possibility: Alternatives to the conventional fastening method
Implementing strict regulations is a challenge.
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