Self-adhesive Tear Tapes Market is expected to reach US$ 211.7 Mn in 2022

Press Release from Future Market Insights

Self-adhesive rip tape sales are anticipated to reach US$ 211.7 million in 2022 and US$ 292.3 million in 2029, respectively, at a CAGR of 4.7 percent. In 2021, the market for self-adhesive rip tapes was expected to account for 4% of the $5.1 billion worldwide packaging tapes industry.

The self-adhesive tear tapes market generated US$ 202.2 Mn in sales in 2021, according to FMI. By the end of 2029, the global market for self-adhesive tear tapes is anticipated to grow by 1.4 times its current market value. The top 5 suppliers will control 25–35% of the self-adhesive tear tapes market in 2021, driving up demand for Polypropylene (PP) self-adhesive tear tapes.

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Historic And Forecast Market Outlook For Self-Adhesive Tear Tapes

The global self-adhesive tear tapes market is estimated to expand 1.4 times the current market value during the forecast period, at the same time creating an incremental opportunity of US$ 90.1 Mn due to the increasing preference for biodegradable material among the various end use industries.

The self-adhesive tear tapes are the adhesive tapes used as an easy opening application for the various packaging formats. The self-adhesive tear tapes are preferred by various end use industries such as food, tobacco, pharmaceuticals, personal care & cosmetics, electrical & electronics, and others.

These tapes offer excellent shear resistance, high tensile strength, strong ultimate adhesion, and good initial tack which gains traction among the end use industries.

Competitive Landscape

The key players operating in the self-adhesive tear tapes market are focusing on innovation by launching a sustainable solution for various applications. Also, the key players are focusing on getting recognized by offering new products under their self-adhesive tear tapes portfolio.

  • In November 2021, HB Fuller Company won the European Federation of Corrugated Board Manufacturers (FEFCO) sustainability award for its new sustainable tear tapes designed for e-commerce packaging.
  • In January 2021, Tesa SE announced the launch of high performance & easy-to-use masking tape which can withstand multiple high-temperature drying cycles across a variety of applications.

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Key Companies Profiled

  • DS Smith plc
  • Bagla Group
  • H.B. Fuller Company
  • 3M Company
  • Tesa SE
  • Wavelock Advanced Technology Co., Ltd.
  • Marotech Inc.
  • Tann Germany GmbH
  • Essentra Plc.
  • NADCO Tapes & Labels, Inc.
  • Uyumplast Ambalaj San.tic.ltd.?ti
  • AEC Group
  • Western Paper Industries (Pvt) Ltd.
  • NOWOFOL GmbH

Self-Adhesive Tear Tapes Market By Category

By Width :

  • Up to 2.5 mm
  • 2.6 mm to 5.0 mm
  • Above 5.0 mm

By Material Type :

  • Polypropylene (PP)
    • Biaxially Oriented Polypropylene (BOPP)
    • Cast Polypropylene (CPP)
    • Mono Oriented Polypropylene (MOPP)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Others

By End Use :

  • Food
  • Tobacco
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Electrical & Electronics
  • Others (Agriculture, Logistics, etc.)

By Region :

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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Table of Content

1. Market Overview

1.1. Market Definition

1.2. Market Coverage

2. Key Market Trends

2.1. Key Trends Impacting the Market

2.2. Product Innovation / Development Trends

3. Key Success Factors

3.1. Product Adoption / Usage Analysis

3.2. Product USPs / Features

4. Global Self-adhesive Tear Tapes Market Demand Analysis 2014-2021 and Forecast, 2022-2029

4.1. Historical Market Volume (‘000 Sq. Mt.) Analysis, 2014-2021

4.2. Current and Future Market Volume (‘000 Sq. Mt.) Projections, 2022-2029

4.3. Y-o-Y Growth Trend Analysis

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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