Superior Performance of the Carton Sealing Adhesive Tape
The Carton Sealing Adhesive Tape Market was worth US$30.749 billion in 2020 and is projected to expand at a 6.11% CAGR over the predicted period to reach US$46.582 billion by 2027.
Adhesives are manmade substances that help objects stick together. These are the chemicals that are used to keep two surfaces securely connected for a long time. As the name implies, cartons wrapping tapes are tapes that are used to seal cartons. These seem to be pneumatically tapes made up of a pressure-sensitive adhesive and fiberglass filaments on a backing material (usually polypropylene or polyester film). On the market, there is a big selection of cartons sealing tapes that can be acquired equally internally and externally.
Whenever it comes to protecting products from external shocks, rigid packaging is often favoured. The widespread use of cartons is helping for cartons sealing tapes all around the world. The advent of tamper-evident technologies has helped the carton sealing adhesive tape market grow even faster. These include ease of application, and inexpensive raw material costs, water-activated tapes are another type of carton sealing adhesive tape, with increased printability through the use of biodegradable adhesive and supporting materials.
E-Commerce Expansion
Consumer inclination for e-commerce is heading up the use of carton sealing adhesive tape, which is positively impacting the market. Furthermore, pressure-sensitive tapes account for the greatest portion of the carton sealing tapes market, and pressure-sensitive tapes’ inefficiency on dusty surfaces may limit the industry’s expansion. The acceptance of the carton sealing adhesive market as the products are shipped via palletized loads in bulk, necessitates the use of standardized automated packaging equipment, which employs a film-based pressure-sensitive packaging tape due to its efficiency in automated applications. However, because the distribution in the e-commerce business is manual, a carton sealing adhesive market is the ideal answer due to its qualities such as sealing hefty boxes and packaging of unpacked products which are utilized for moving, shipping, and distribution while offering flexibility. Due to its versatility, carton sealing adhesive market for sealing massive cartons and bundles of packed-up product lines that can be used for distribution and delivering, shipping, and in the e-commerce business. Its qualities include far has, easy to handle, accountability, and barrier to oxygen. As a result, as the e-commerce sector grew, so did the use of carton sealing adhesive. Ave market. According to data from export.gov, there have been 19.8 million e-commerce customers in Canada in 2018, with another 5.21 million expected to shop online by 2021.
How PPP Material Is Useful?
The aforementioned material is superior by the pressure and damage tolerance which is likely to lead to its use in packages for supply networks of direct sales channels. Polypropylene packaging materials also have a good level of water resistance and flexibility. In the next eight years, the advancement of innovative products with addition to giving such as high aging and UV resistance, as well as compatibility for personal and automated processing.
Emergent of the Water-Based Carton Sealing Tapes
Its applications include medium and heavy-duty carton sealing, gift wrapping and decoration, general repair, bundling and strapping, and stationery. Increased use of tapes and stickers in the plastic wrapping of consumer electronic devices, hygiene and medical packaging, packaging of drug delivery systems, packaging of building material during transit, shipping pertaining to automobiles and logistical support, and packaging of consumer and industrial goods are just a few factors that are expected to grow the water-based adhesive market forward. Furthermore, water-based adhesives provide a variety of essential qualities such as durability, adaptability, and cost-effectiveness, propelling the water-based adhesive market to new heights. Furthermore, the rising demand for lightweight, low-polluting automobiles is another aspect propelling the industry forward.
Customers are more interested in adding new cosmetic aspects to their automobiles. These are commonly used for automotive customization for a variety of purposes, including covering, spray painting, varnishing, and sealing. Additionally, sludge dismantling of paper adhesive tapes during car paintwork reduces time spent and additional work. The capacity to give excellent surface protection and a clear paint line following surface painting has increased their popularity among end-use sectors, especially in these industry. According to EV Volumes, global Electricity sales reached 6.75 million units in 2021, up from 32.4 million units in 2020, a 108 percent increase. In 2021, 3.4 million EVs have been manufactured in mainland China, 2.3 million in Europe, and 0.7 million in the United States, out of a total of 6.75 million sold. Furthermore, EVs (BEV & PHEV) accounted for 8.3 percent of worldwide light vehicle sales in 2018, compared to 4.2 percent in 2020. ?
Growing Demand in the Asia Pacific Region
The carton seal adhesive tapes market in APAC is the largest and is expected to develop at a rapid rate. Due to continued R&D and improvements in the healthcare, electrical and electronics, and automotive industries, the region is experiencing considerable growth. The seal adhesive tapes market is expected to grow significantly in developing countries such as China, India, Brazil, South Africa, and Indonesia, while more developed markets such as the United States, Germany, Japan, and the United Kingdom are expected to grow slowly or not at all during the forecast period.
Do U Know How the COVID Affected This Market?
The carton sealing adhesive tape industry had a mixed bag of results around the world. The primary value chain of carton sealing adhesives was harmed as a result of trade and transit limitations between countries, as companies had trouble accessing building resources such as glue as well as other chemicals from other companies. However, in some applications, large growth in end-user demand has substantially broadened the reach of these packaging products. Demand for food wrapping and an even more necessity for crumpled packing in developing e-commerce shipments are two of the primary drivers of the analyzed market that developed from the COVID-19 epidemic. On e-commerce platforms, there has been a significant increase in demand for the packaging of food, healthcare products, and e-commerce shipments.
Carton Sealing Adhesive Tape Market Scope:
| Report Metric | Details |
| Market size value in 2020 | US$30.749 billion |
| Market size value in 2027 | US$46.582 billion |
| Growth Rate | CAGR of 6.11% from 2020 to 2027 |
| Base year | 2020 |
| Forecast period | 2022–2027 |
| Forecast Unit (Value) | USD Billion |
| Segments covered | Coating Technology, End-User Industry, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | 3M, Arkema Group, Ashland Inc., Avery Dennison Corp., DowDuPont, Wacker Chemie AG, Franklin International, Henkel, Permabond, The Gorilla Glue Company, Ardex, MAPEI |
| Customization scope | Free report customization with purchase |
