Rise in Production of Corrugated Boxes & Cartons Anticipated to Drive Global Carton Sealing Tapes Market: Ken Research

0


Carton sealing tape is a packaging tape, generally used for packing or sealing boxes. It is used to protect hardware items from scratches or abrasions. It can also be used to seal packages that can easily transverse from the mail or other parcel services. It can be applied using the tape dispensers or by hand. It is available in various widths& thickness, lengths, clear & tan, and also with different adhesive systems. Economy tapes may be less than 1.5 mils thick, whereas heavy-duty carton sealing tapes are over 3 mils thick. It is also available in many colors and sizes. The key advantages are included water-resistant, oil & greaseproof, lightweight, recyclable and long shelf life.

According to the study, “Global Carton Sealing Tapes Market Status (2015-2019) and Forecast (2020-2024) by The region, Product Type & End-Use” the key companies operating in the global carton sealing tapes market are 3M, Intertape Polymer Group., Berry Global, Inc., Apollo Industries, Pro Tapes & Specialties, Inc., Can-Do National Tape, Vibac Group S.p.a., Primetac, World Packaging Co., Inc., Powerpack, Nitto Denko Corporation, Bagla Group, Advance Tapes International, SJF Material Handling Equipment, Inc., Practical Packaging Solutions. Inc., Stamar Packaging, Shurtape Technologies, LLC. The key companies are focusing on manufacturing high-quality products to compete in the international market.

Based on type, the carton sealing tapes market is segmented into water-activated tapes, pressure-sensitive tapes, and others. A water-activated tape is a form of paper tape using a water-based chemical adhesive that is reactivated by water, also known as gummed tape. The pressure-sensitive tape consists of film and a tacky material that adheres to a given surface when light pressure is applied. Based on material type, the market is segmented into plastic and paper. Based on the adhesive, the market is segmented into rubber-based, acrylic, and silicone. Based on thickness, the market is segmented into 20-30 microns, 30-40 microns, 40-50 microns, 50-60 microns, 60-70 microns and above. In addition, based on application, the market is segmented into food & beverages, consumer goods, electronics, packaging, cosmetics, and others.

The carton sealing tapes market is driven by a rise in the packaging of various goods for shipping & logistics; followed by an increase in the use of carton on such a large scale, low-cost of raw material, increase in demand of water-activated carton sealing tapes in commercial use and rise in burgeoning building & construction industry. However, the inefficiency of pressure-sensitive carton sealing tapes on the dusty surface and stringent regulations for reshaping the adhesive-based packaging may impact the market.

Based on geography, the Asian-pacific region holds the major share in carton sealing tapes market owing to the rise in production of corrugated boxes & cartons, rise in investment from key manufacturers and growth in the packaging industry in emerging economies in the region. The North-American and European regions are estimated to witness a higher growth rate due to the increase in per capita consumption of goods and the replacement of adhesives with tapes over the forecast period. In upcoming years, it is predicted that the future of the market will be bright as a result of an increase in consumer preference for e retail format during the forecast period.

For More Information, Click On The Link Below:-

Global Carton Sealing Tapes Industry Growth

Related Reports:-

Carton Sealing Tapes Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Carton Sealing Tapes Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Share.

Comments are closed.