Product Code: 10868
The size of the international adhesive tapes market was USD 66,634 million in 2022, and the figure is set to rise at a CAGR of 5.60% in the duration of 2022-2030 and reach USD 103,040 million by the end of this decade.
This growth can be credited to the large-scale consumption of such materials for several packaging applications in industries, including e-commerce, electrical and electronics, the healthcare industry, growing research and development expenditure by industry players, technological enhancements, and the increase in advanced product launches.
In 2022, the commodity category held the major market share, and
also projected to continue with the leading position in the future as well. This
can be ascribed to the large-scale consumption of service tapes for several
packaging applications in the market, including electrical and electronics, e-commerce
and food and beverage.
The surge in the acceptance of water-based adhesive tapes is experienced in several end-use verticals, and also infrastructures. The majority of the development in the market is projected to come from India, Malaysia, and China because of the growing expenditure on railways, for the growth of fast transit systems and railway tracks, and in water distribution and sewerage projects, for the connection of larger pipes and stormwater drainage structures.
The fast economic growth in developing countries, including India, Indonesia, and China, in past few decades, has caused a surge in per-capita income. Furthermore, with the increasing purchasing power, the standard of living is also growing, and because of the changing lifestyle, the need for packaging solutions in these countries is also rising.
This, indeed, has amplified the utilization of adhesive tapes, including packaging tapes and carton-sealing tapes, for the strapping, packaging, and bundling of items and heavy-duty cartons. As per the Flexible Packaging Association, total packaging rose by 11% between 2017-2021.
The hot melt-based category is all set to grow at the fastest pace in the coming few years, with a CAGR of 6.2% and is projected to continue with the dominant in the future as well. This growth can be credited to its heavy utilization in a variety of engineering processes, including woodworking, product assembling, bookbinding, and box or carton heat sealing.
In 2022, the APAC region generated the largest revenue share, 46%, and is projected to advance at a significant CAGR. This growth can be ascribed to the increasing demand from the automotive industry credited to the rising number of cars used for the transport of goods along with private-owned cars, easy obtainability of raw materials, rising electrical and electronics sector where these tapes are widely utilized.
Hence, the large-scale consumption of such materials for several packaging applications in industries, including e-commerce, electrical and electronics, the healthcare industry, and growing research and development expenditure by industry players, such factors will drive the adhesive tapes industry in the future as well.
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Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segment
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by technology
- 1.4.3. Market size breakdown, by end use
- 1.4.4. Market size breakdown, by resin
- 1.4.5. Market size breakdown, by backing material
- 1.4.6. Market size breakdown, by region
- 1.4.7. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
Chapter 7. Global Market
- 7.1. Overview
- 7.2. Market Revenue, by Type (2017-2030)
- 7.3. Market Revenue, by Technology (2017-2030)
- 7.4. Market Revenue, by End Use (2017-2030)
- 7.5. Market Revenue, by Resin (2017-2030)
- 7.6. Market Revenue, by Backing Material (2017-2030)
- 7.7. Market Revenue, by Region (2017-2030)
Chapter 8. North America Market
- 8.1. Overview
- 8.2. Market Revenue, by Type (2017-2030)
- 8.3. Market Revenue, by Technology (2017-2030)
- 8.4. Market Revenue, by End Use (2017-2030)
- 8.5. Market Revenue, by Resin (2017-2030)
- 8.6. Market Revenue, by Backing Material (2017-2030)
- 8.7. Market Revenue, by Country (2017-2030)
Chapter 9. Europe Market
- 9.1. Overview
- 9.2. Market Revenue, by Type (2017-2030)
- 9.3. Market Revenue, by Technology (2017-2030)
- 9.4. Market Revenue, by End Use (2017-2030)
- 9.5. Market Revenue, by Resin (2017-2030)
- 9.6. Market Revenue, by Backing Material (2017-2030)
- 9.7. Market Revenue, by Country (2017-2030)
Chapter 10. APAC Market
- 10.1. Overview
- 10.2. Market Revenue, by Type (2017-2030)
- 10.3. Market Revenue, by Technology (2017-2030)
- 10.4. Market Revenue, by End Use (2017-2030)
- 10.5. Market Revenue, by Resin (2017-2030)
- 10.6. Market Revenue, by Backing Material (2017-2030)
- 10.7. Market Revenue, by Country (2017-2030)
Chapter 11. LATAM Market
- 11.1. Overview
- 11.2. Market Revenue, by Type (2017-2030)
- 11.3. Market Revenue, by Technology (2017-2030)
- 11.4. Market Revenue, by End Use (2017-2030)
- 11.5. Market Revenue, by Resin (2017-2030)
- 11.6. Market Revenue, by Backing Material (2017-2030)
- 11.7. Market Revenue, by Country (2017-2030)
Chapter 12. MEA Market
- 12.1. Overview
- 12.2. Market Revenue, by Type (2017-2030)
- 12.3. Market Revenue, by Technology (2017-2030)
- 12.4. Market Revenue, by End Use (2017-2030)
- 12.5. Market Revenue, by Resin (2017-2030)
- 12.6. Market Revenue, by Backing Material (2017-2030)
- 12.7. Market Revenue, by Country (2017-2030)
Chapter 13. U.S. Market
- 13.1. Overview
- 13.2. Market Revenue, by Type (2017-2030)
- 13.3. Market Revenue, by Technology (2017-2030)
- 13.4. Market Revenue, by End Use (2017-2030)
- 13.5. Market Revenue, by Resin (2017-2030)
- 13.6. Market Revenue, by Backing Material (2017-2030)
Chapter 14. Canada Market
- 14.1. Overview
- 14.2. Market Revenue, by Type (2017-2030)
- 14.3. Market Revenue, by Technology (2017-2030)
- 14.4. Market Revenue, by End Use (2017-2030)
- 14.5. Market Revenue, by Resin (2017-2030)
- 14.6. Market Revenue, by Backing Material (2017-2030)
Chapter 15. Germany Market
- 15.1. Overview
- 15.2. Market Revenue, by Type (2017-2030)
- 15.3. Market Revenue, by Technology (2017-2030)
- 15.4. Market Revenue, by End Use (2017-2030)
- 15.5. Market Revenue, by Resin (2017-2030)
- 15.6. Market Revenue, by Backing Material (2017-2030)
Chapter 16. France Market
- 16.1. Overview
- 16.2. Market Revenue, by Type (2017-2030)
- 16.3. Market Revenue, by Technology (2017-2030)
- 16.4. Market Revenue, by End Use (2017-2030)
- 16.5. Market Revenue, by Resin (2017-2030)
- 16.6. Market Revenue, by Backing Material (2017-2030)
Chapter 17. U.K. Market
- 17.1. Overview
- 17.2. Market Revenue, by Type (2017-2030)
- 17.3. Market Revenue, by Technology (2017-2030)
- 17.4. Market Revenue, by End Use (2017-2030)
- 17.5. Market Revenue, by Resin (2017-2030)
- 17.6. Market Revenue, by Backing Material (2017-2030)
Chapter 18. Italy Market
- 18.1. Overview
- 18.2. Market Revenue, by Type (2017-2030)
- 18.3. Market Revenue, by Technology (2017-2030)
- 18.4. Market Revenue, by End Use (2017-2030)
- 18.5. Market Revenue, by Resin (2017-2030)
- 18.6. Market Revenue, by Backing Material (2017-2030)
Chapter 19. Spain Market
- 19.1. Overview
- 19.2. Market Revenue, by Type (2017-2030)
- 19.3. Market Revenue, by Technology (2017-2030)
- 19.4. Market Revenue, by End Use (2017-2030)
- 19.5. Market Revenue, by Resin (2017-2030)
- 19.6. Market Revenue, by Backing Material (2017-2030)
Chapter 20. Japan Market
- 20.1. Overview
- 20.2. Market Revenue, by Type (2017-2030)
- 20.3. Market Revenue, by Technology (2017-2030)
- 20.4. Market Revenue, by End Use (2017-2030)
- 20.5. Market Revenue, by Resin (2017-2030)
- 20.6. Market Revenue, by Backing Material (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Type (2017-2030)
- 21.3. Market Revenue, by Technology (2017-2030)
- 21.4. Market Revenue, by End Use (2017-2030)
- 21.5. Market Revenue, by Resin (2017-2030)
- 21.6. Market Revenue, by Backing Material (2017-2030)
Chapter 22. India Market
- 22.1. Overview
- 22.2. Market Revenue, by Type (2017-2030)
- 22.3. Market Revenue, by Technology (2017-2030)
- 22.4. Market Revenue, by End Use (2017-2030)
- 22.5. Market Revenue, by Resin (2017-2030)
- 22.6. Market Revenue, by Backing Material (2017-2030)
Chapter 23. Australia Market
- 23.1. Overview
- 23.2. Market Revenue, by Type (2017-2030)
- 23.3. Market Revenue, by Technology (2017-2030)
- 23.4. Market Revenue, by End Use (2017-2030)
- 23.5. Market Revenue, by Resin (2017-2030)
- 23.6. Market Revenue, by Backing Material (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Type (2017-2030)
- 24.3. Market Revenue, by Technology (2017-2030)
- 24.4. Market Revenue, by End Use (2017-2030)
- 24.5. Market Revenue, by Resin (2017-2030)
- 24.6. Market Revenue, by Backing Material (2017-2030)
Chapter 25. Brazil Market
- 25.1. Overview
- 25.2. Market Revenue, by Type (2017-2030)
- 25.3. Market Revenue, by Technology (2017-2030)
- 25.4. Market Revenue, by End Use (2017-2030)
- 25.5. Market Revenue, by Resin (2017-2030)
- 25.6. Market Revenue, by Backing Material (2017-2030)
Chapter 26. Mexico Market
- 26.1. Overview
- 26.2. Market Revenue, by Type (2017-2030)
- 26.3. Market Revenue, by Technology (2017-2030)
- 26.4. Market Revenue, by End Use (2017-2030)
- 26.5. Market Revenue, by Resin (2017-2030)
- 26.6. Market Revenue, by Backing Material (2017-2030)
Chapter 27. Saudi Arabia Market
- 27.1. Overview
- 27.2. Market Revenue, by Type (2017-2030)
- 27.3. Market Revenue, by Technology (2017-2030)
- 27.4. Market Revenue, by End Use (2017-2030)
- 27.5. Market Revenue, by Resin (2017-2030)
- 27.6. Market Revenue, by Backing Material (2017-2030)
Chapter 28. South Africa Market
- 28.1. Overview
- 28.2. Market Revenue, by Type (2017-2030)
- 28.3. Market Revenue, by Technology (2017-2030)
- 28.4. Market Revenue, by End Use (2017-2030)
- 28.5. Market Revenue, by Resin (2017-2030)
- 28.6. Market Revenue, by Backing Material (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and Their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. 3M Company
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Nitto Denko Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. tesa SE
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.4. LINTEC Corporation
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Avery Dennison Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Intertape Polymer Group Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.7. Shurtape Technologies LLC
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.8. Scapa Group plc
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Lohmann GmbH & Co. KG
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.10. Nichiban Co. Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Berry Global Inc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Rogers Corporation
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
- 30.13. Adhesives Research Inc.
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.14. Halco
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.15. H.B. Fuller
- 30.15.1. Business overview
- 30.15.2. Product and service offerings
- 30.15.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports