Product Code: CMI3170
Filament tapes market is estimated to be valued at USD 5.83 Bn in 2024 and is expected to reach USD 9.43 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 5.83 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.10% |
2031 Value Projection: |
US$ 9.43 Bn |
Figure. Filament Tapes Market Share (%), By Region 2024
Filament tapes, commonly known as strapping tapes, are pressure-sensitive tapes that are made up of fabric (usually polypropylene or polyester) cores that are coated with a rubber or acrylic adhesives on both sides. They are used for packing and bundling a wide variety of products for shipping and storage purposes. Filament tapes offer high tensile strength, are resistant to abrasion and moisture, and can securely wrap irregularly shaped items or bundles. Their versatility makes them suitable for logistical applications across various end-use industries like consumer goods, food and beverages, transportation and others.
Market Dynamics:
Global filament tapes market is driven by rising e-commerce activities and the focus of companies towards sustainable packaging solutions. The growth of the transportation and logistics industries has increased the demand for effective packaging tapes for load containment. Recent developments in adhesive technologies have led to the introduction of water-resistant and heat-seal filament tapes. However, stringent environmental regulations regarding plastic waste and availability of bio-based alternatives can hamper market growth. Growing construction activities in developing nations offer new revenue opportunities.
Key features of the study:
This report provides an in-depth analysis of the global filament tapes market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global filament tapes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include 3M Company, Intertape Polymer Corp, Inc., Tesa Tape Inc., Canadian Technical Tape, Ltd., Saint-Gobain Performance Plastics, PPM INDUSTRIES S.P.A., Cosmos Tapes & Labels Private Limited, Sekisui TA Industries, LLC, Pro Tapes & Specialties Inc., Euro Tapes Pvt. Ltd., Shurtape Technologies. LLC, and Guangzhou Weasy Adhesive Products Co.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global filament tapes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global filament tapes market
Market Segmentation
- By Filament Type Insights (Revenue, USD, 2019 - 2031)
- Single Sided Tapes
- Double Sided Tapes
- By Backing Adhesive Type Insights (Revenue, USD, 2019 - 2031)
- Plastic Film
- Paper
- Fabric
- Foam
- Others
- By Adhesive Type Insights (Revenue, USD, 2019 - 2031)
- Rubber Based
- Acrylic Based
- Hot Melt Adhesive
- By Width Insights (Revenue, USD, 2019 - 2031)
- 12 mm
- 18 mm
- 24 mm
- 36 mm
- 48 mm
- 72 mm
- Above 72 mm
- By End User Insights (Revenue, USD, 2019 - 2031)
- Building & Constructions
- Healthcare & Hygiene
- Food & Beverages
- Electronic Industry
- Others
- By Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- 3M Company
- Intertape Polymer Corp, Inc.
- Tesa Tape Inc.
- Canadian Technical Tape, Ltd.
- Saint-Gobain Performance Plastics
- PPM INDUSTRIES S.P.A.
- Cosmos Tapes & Labels Private Limited
- Sekisui TA Industries, LLC
- Pro Tapes & Specialties Inc.
- Euro Tapes Pvt. Ltd.
- Shurtape Technologies. LLC
- Guangzhou Weasy Adhesive Products Co.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Filament Type
- Market Snippet, By Backing Adhesive Type
- Market Snippet, By Adhesive Type
- Market Snippet, By Width
- Market Snippet, By End User
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Filament Tapes Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Filament Tapes Market - COVID-19
- Impact Analysis
5. Global Filament Tapes Market, By Filament Type, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Single Sided Tapes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Double Sided Tapes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Filament Tapes Market, By Backing Adhesive Type, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Plastic Film
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Paper
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Fabric
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Foam
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Filament Tapes Market, By Adhesive Type, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Rubber Based
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Acrylic Based
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hot Melt Adhesive
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Filament Tapes Market, By Width, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- 12 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- 18 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- 24 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- 36 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- 48 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- 72 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Above 72 mm
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
9. Global Filament Tapes Market, By End User, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Building & Constructions
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Healthcare & Hygiene
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Food & Beverages
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Electronic Industry
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
10. Global Filament Tapes Market, By Region, 2019-2031 (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Filament Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Backing Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Width, 2019- 2031 (USD Bn)
- Market Size and Forecast, By End User, 2019- 2031 (USD Bn)
- Countries
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Filament Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Backing Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Width, 2019- 2031 (USD Bn)
- Market Size and Forecast, By End User, 2019- 2031 (USD Bn)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Filament Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Backing Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Adhesive Type, 2019- 2031 (USD Bn)
- Market Size and Forecast, By Width, 2019- 2031 (USD Bn)
- Market Size and Forecast, By End User, 2019- 2031 (USD Bn)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
11. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- 3M Company
- Company Overview
- Chair Type Portfolio
- Recent Developments/Updates
- Intertape Polymer Corp, Inc.
- Tesa Tape Inc.
- Canadian Technical Tape, Ltd.
- Saint-Gobain Performance Plastics
- PPM INDUSTRIES S.P.A.
- Cosmos Tapes & Labels Private Limited
- Sekisui TA Industries, LLC
- Pro Tapes & Specialties Inc.
- Euro Tapes Pvt. Ltd.
- Shurtape Technologies. LLC
- Guangzhou Weasy Adhesive Products Co.
12. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
13. Section
- References
- Research Methodology
- About Us and Sales Contact