Sealing tape is a kind of gummed paper tape whose main function is to secure boxed or wrapped packages. On the other hand, strapping or filament tape is a pressure sensitive tape which is specially designed for packaging applications such as pallet unitizing, reinforcing packaging, bundling products and others. These packaging are mainly used for the packaging of cartons and other boxes during transportation so they can enhance their packages bearing weight. The use of sealing & strapping packaging includes good tensile strength, improved conductivity properties, extended lifespan due to the presence of filaments & adhesives. They are usually made of material such as paper, PVC, PP and other. There are environment friendly sealing & strapping packaging tapes which has the ability to decrease the volatile organic compound.
Some of the factors responsible for the growth of this market:
The global sealing & strapping packaging tapes market is segmented on the basis of material as paper, pp, pvc, & others; adhesive type as acrylic, rubber, silicone, and others and application as carton sealing, and strapping & bundling.
Some of the launches and acquisition in the market are:
“According to Data Bridge Market Research, global sealing & strapping packaging tapes market is expected to rise to an estimated value of USD 24.79 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026”
Few of the major competitors currently working in the global sealing & strapping packaging tapes market are Avery Dennison Corporation; 3M; Intertape Polymer Group; NITTO DENKO CORPORATION; tesa SE - A Beiersdorf Company; NICHIBAN Co., Ltd.; Shurtape Technologies, LLC; Mactac Americas; Ajit Industries Pvt. Ltd.; Advance Tapes International; Cantech; Industrias TUK, S.A. de C.V.; Berry Global Inc.; Adhesives Research, Inc.; Stick Tapes Private Limited; Can-Do National Tape; Euro Tapes Private Limited (Unit Of Euro Technologies); UltraTape; U Pack; Xinxiang Yongsheng Packaging Materials Technology Co., Ltd. and RAJAPACK Ltd among others.
These sealing and strapping packaging material are widely used in different industries because they have the ability to bundle unpack products and seal heavy products. They also have good shear strength and worthy adhesion properties. They are also environment friendly because they don’t consist of any solvent or hydrocarbons. Using these tapes are also beneficial as they helps in reducing the VOC emissions. These are some of the factors creating new avenues for this market growth and development.
Global Sealing & Strapping Packaging Tapes Market – Industry Trends and Forecast to 2026