Carton Sealing Adhesive Tape Market - Forecasts from 2018 to 2023
The carton sealing adhesive tape market is estimated to grow at a CAGR of 5.93% to reach a market size of US$39.007 billion in 2023 from US$27.608 billion in 2017.The demand for adhesive tapes designed for the purpose of carton sealing will grow during the forecast period owing to the increasing demand for faster and effective package sealing solutions across industry verticals. Furthermore, the booming eCommerce and wholesale industries have further increased the requirement for packaging solutions for larger quantity of products. The Asia Pacific market will see significant growth due to penetration of eCommerce industry and increasing wholesale and retail sales.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Carton Sealing adhesive tape value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Some of the major players discussed in this report are 3M, tesa SE, NITTO DENKO CORPORATION, Intertape Polymer Group, Shurtape Technologies, LLC, among others.
Carton Sealing adhesive tape market has been segmented on the basis of coating technology, end-user industry and geography as follows:
By Coating Technology
By End User Industry
Travel and Transportation/Logistics
Middle East and Africa
Key insights offered
What will be the Carton Sealing adhesive tape market size from 2017 to 2023?
How are the major drivers and restraints affecting the Carton Sealing adhesive tape market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviourKey strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
NITTO DENKO CORPORATION
Intertape Polymer Group
Shurtape Technologies, LLC
PPM Industries SpA