Us Parcel Tapes Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Parcel Tapes Market was valued at USD 6.5 Billion in 2022 and is projected to reach USD 9.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The US Parcel Tapes Market is experiencing a steady rise in demand as e-commerce and logistics industries continue to expand. Parcel tapes play a crucial role in ensuring that packages are securely sealed, protecting goods from damage during transportation. With increasing online shopping trends, especially after the pandemic, businesses and consumers alike have become more reliant on these essential packaging products. The market for parcel tapes is growing rapidly, driven by advancements in tape technology and the increasing need for efficient, eco-friendly packaging solutions.
The market is segmented by various factors such as tape type, adhesive type, and end-user industry. There are multiple types of parcel tapes available in the market, with options such as acrylic, hot melt, and rubber-based adhesives. Each type caters to different needs and offers specific advantages, such as superior adhesive strength or weather resistance. As companies focus on improving the efficiency of their supply chains, parcel tapes have evolved to meet these demands, offering stronger adhesion, better tear resistance, and even sustainability-focused options, such as biodegradable tapes.
As consumers become more environmentally conscious, demand for eco-friendly parcel tapes has surged. Companies are responding by offering biodegradable, recyclable, or compostable packaging materials. The shift towards sustainability is not only driven by consumer preferences but also by regulations aimed at reducing plastic waste. Parcel tapes made from renewable resources are now widely available and are gaining popularity in the market.
The demand for secure, durable, and cost-effective packaging solutions continues to increase as businesses strive to keep pace with the growth in e-commerce. Logistics companies and retailers, in particular, are seeking reliable packaging solutions that ensure their products arrive safely. This trend is reflected in the overall growth of the US Parcel Tapes Market, with more innovations expected in the coming years. Notably, industries that rely heavily on packaging solutions, such as electronics, pharmaceuticals, and retail, will continue to drive the demand for high-quality parcel tapes. Additionally, the market for "100 Gigabit Fiber Optic Transceiver Market" applications may also contribute to the packaging tape sector due to the increasing need for secure transportation of tech products.
In this competitive market, businesses are investing in high-quality, cost-efficient products that can keep up with the fast-paced shipping environment. The development of new adhesive technologies and eco-friendly alternatives has given rise to a wide variety of options for consumers. With constant innovations, the US Parcel Tapes Market is expected to continue evolving, meeting the demands of an ever-changing global supply chain.
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The 3M Company
Avery Dennison Corporation
Henkel Adhesives Technologies India Private Limited
Nitto Denko Corporation
Tesa Tapes Pvt Ltd
Advance Tapes International Ltd.
Adhesives Research Inc.
Bostik India Pvt. Ltd.
Evans Adhesive Corporation
Franklin International
H.B. Fuller Company
Intertape Polymer group
Lintec corporation
Lohmann GmbH & Co.KG
MACtac Americas
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Parcel Tapes Market
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Paper
Cloth
Water-activated Adhesive
Pressure-sensitive Adhesive (PSA)
Hot-melt Adhesive
Solvent-based Adhesive
Thin (up to 1.6 mil)
Medium (1.6 - 3.0 mil)
Thick (above 3.0 mil)
E-commerce Packaging
Retail and Store Packaging
Industrial Packaging
Moving and Storage
Food and Beverage Packaging
Retail
Logistics and Transportation
Construction
Manufacturing
Healthcare
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Parcel Tapes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Parcel Tapes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Parcel Tapes Market, By Type
6. Global Parcel Tapes Market, By Application
7. Global Parcel Tapes Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Parcel Tapes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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