December 11, 2024 04:02 ET | Source: Research and Markets Research and Markets
Dublin, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The "Sealing and Strapping Packaging Tapes - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Sealing and Strapping Packaging Tapes was estimated at US$23.4 Billion in 2023 and is projected to reach US$33.6 Billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. The growth in the Sealing and Strapping Packaging Tapes market is driven by several factors, including the expanding e-commerce sector, which has increased demand for safe and secure packaging solutions. The rise in global trade and logistics has further fueled demand for sealing and strapping tapes, as businesses seek to protect goods during long-distance transportation. Advancements in tape materials, such as reinforced polypropylene and eco-friendly adhesive formulations, have improved performance and sustainability, supporting broader adoption. all smd components
The increasing focus on tamper-proof packaging, especially in sectors like food, pharmaceuticals, and electronics, has also boosted the demand for high-strength sealing and strapping tapes. Additionally, the growth of automated packaging systems in manufacturing and logistics has contributed to market expansion by enhancing the efficiency of tape application. Key Insights:
Some of the 42 companies featured in this Global Sealing and Strapping Packaging Tapes market report include:
Key Topics Covered: 1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
For more information about this report visit https://www.researchandmarkets.com/r/lez3mq
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