The global sealing & strapping packaging tapes market is estimated to reach USD 40.58 billion by 2034, up from USD 25.36 billion in 2024, at a compound annual growth rate (CAGR) of 4.81% from 2025 to 2034.
Recent Developments by Key Market Players
Sustainability Takes Center Stage with Ahlstroms MasterTape Cristal and IRPLASTs NOPP Tape Innovations
- In December 2024, a paper-based translucent tape backing called MasterTape Cristal was introduced by Ahlstrom in an effort to cut down on plastic waste and encourage a future that is cleaner. With identical durability and transparency as standard plastic tape, it is perfect for a variety of applications such as gift wrapping, packaging, and office work, all without sacrificing quality. In addition to being durable and adaptable, this creative tape-backing solution is recyclable and compostable, which minimizes the waste from plastic.
- In April 2023, IRPLAST introduced Natural Oriented Polypropylene (NOPP) tape, which is made of 50% recycled materials. The tape is a new type of sustainable, high-performing adhesive tape. With the same qualities as conventional fossil-based BOPP tapes, NOPP TAPE provides superior conversion performance on high-speed machines while having a lower environmental impact.
Sealing & Strapping Packaging Tapes Market Players
- 3M Company
- Avery Dennison Corporation
- Tesa SE
- Intertape Polymer Group (IPG)
- Shurtape Technologies LLC
- Scapa Group Ltd.
- Berry Global Inc.
- Nitto Denko Corporation
- Henkel AG & Co. KGaA
- Lohmann GmbH & Co. KG
- Saint-Gobain Performance Plastics
- Yongle Tape
- Sekisui Chemical Co., Ltd.
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