Europe Packaging Tapes Market Size

Statistics for the 2023 & 2024 Europe Packaging Tapes market size, created by Mordor Intelligence™ Industry Reports. Europe Packaging Tapes size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Packaging Tapes Industry

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Europe Packaging Tapes Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 3.00 %
Market Concentration Low

Major Players

Europe Packaging Tapes Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Packaging Tapes Market Analysis

The European packaging tapes market is anticipated to register a CAGR of greater than 3% during the forecast period. COVID-19 hampered the growth of the packaging tapes market. Packaging tape businesses were developing revolutionary solutions that were environmentally benign, reusable, and biodegradable. But the concerns regarding the hygiene and safety of packaging tapes hindered the industry's transition to a more sustainable and circular supply chain. Currently, the packaging tapes market is recovered from the pandemic and is growing significantly.

  • Over the short term, the rapid economic expansion and growing demand for packaging materials with high strength, toughness, and break strength have been projected to fuel the market's growth throughout the forecast period.
  • However, changes in environmental conditions are one of the limitations preventing the adoption of the packing tape market, which is expected to hamper the market growth over the forecast period.
  • Nevertheless, the use of packaging products in the food and beverage industry is expanding the market prospects. This is likely to create lucrative growth opportunities for the Europe packaging tapes market over the forecast period.

Europe Packaging Tapes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)