Packaging Tapes Market Size

Statistics for the 2023 & 2024 Packaging Tapes market size, created by Mordor Intelligence™ Industry Reports. 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 Packaging Tapes Industry

Packaging Tapes Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 6.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration High

Major Players

Packaging Tapes Market Major Players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Packaging Tapes Market Analysis

The global packaging tapes market is estimated to register a CAGR of over 6% during the forecast period.

The COVID-19 pandemic had a mixed impact on the entire packaging industry. Although demand for luxury, industrial, fashion, and B2B-transport packaging dipped during the pandemic, there was considerable growth in the packaging demand for items like groceries, healthcare and pharmaceutical products, and e-commerce transportation. With commercial activity slowly resuming back to the pre-COVID-19 levels, the demand for packaging tapes is expected to rise further.

The rising global e-commerce business is expected to be a crucial driving factor behind the rising demand for packaging tapes. Considerable growth in the packaged food & beverages segment in the aftermath of COVID-19 is also expected to create additional demand. However, the rising speculation regarding the environmental effects of packaging tapes and the rising environmental regulations are expected to hinder the growth of the market. Increasing research and development of sustainable packaging tapes is expected to serve as a potential opportunity to tap into in the future. The Asia-Pacific region is expected to dominate the global demand for packaging tapes, owing to its rising population and booming e-commerce industry.

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