North America Packaging Tapes Market Size (2024 - 2029)

The North America packaging tapes market is projected to experience significant growth, driven by increasing demand from the food, beverage, and e-commerce sectors, as well as the manufacturing and industrial industries for product bundling, sealing, and securing. Despite potential constraints due to government regulations on plastic usage, the market is witnessing a rise in demand for paper and biodegradable options, presenting opportunities for sustainable and recyclable packaging solutions. The United States is anticipated to lead the market in the region throughout the forecast period.

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Market Size of North America Packaging Tapes Industry

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North America Packaging Tapes Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 17.51 Billion
Market Size (2029) USD 22.02 Billion
CAGR (2024 - 2029) 5.00 %
Market Concentration Medium

Major Players

North America Packaging Tapes Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North America Packaging Tapes Market Analysis

The North America Tapes Market size is estimated at USD 17.51 billion in 2024, and is expected to reach USD 22.02 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).

  • In the short term, the demand for packaging tapes from the food, beverage, and e-commerce industries, along with the growing demand from the manufacturing and industrial sectors for bundling, sealing, and securing various products during production and distribution, is expected to drive the market during the forecast period.
  • However, government regulations on plastic usage will act as a growth constraint for the packaging tapes market.
  • Nevertheless, paper and biodegradable packaging tapes are growing in demand, and sustainable and recyclable packaging tapes will act as an opportunity for future growth.
  • The United States is expected to dominate the North American packaging tapes market during the forecast period.

North America Packaging Tapes Industry Segmentation

Packaging tape is a pressure-sensitive tape used to seal and close boxes, packages, and other containers. It is typically made of a thin plastic film with an adhesive coating on one side. Packaging tape is used to keep items secure during shipping and storage and to label and identify packages.

The packaging tapes market is segmented by material, adhesive, end-user industry, and geography. By material type, the market is segmented into plastic and paper. By adhesive type, the market is segmented into acrylic, hot melt, rubber-based, and other adhesive types (synthetic rubber adhesive, pressure-sensitive adhesive, and others). The end-user industry is segmented into e-commerce, food and beverage, retail, and other end-user industries (cosmetics, textiles, pharmaceuticals). The report also covers the market size and forecasts for three countries across the regions. For each segment, the market sizing and forecasts were made on the basis of value (USD).

Material Type
Plastic
Paper
Adhesive Type
Acrylic
Hot Melt
Ruber-Based
Other Adhesive Types
End-User Industry
E-Commerce
Food and Beverage Industry
Retail Industry
Other End-User Industries
Geography
United States
Canada
Mexico
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North America Packaging Tapes Market Size Summary

The North America packaging tapes market is poised for significant growth, driven by increasing demand from the food, beverage, and e-commerce sectors. The market is expected to expand as industries such as manufacturing and logistics require robust solutions for bundling, sealing, and securing products. Despite challenges posed by government regulations on plastic usage, the rise in demand for paper and biodegradable packaging tapes presents new opportunities. The United States is anticipated to lead the market, benefiting from its strong food and beverage industry, which relies heavily on FDA-approved packaging tapes for food safety and compliance. The preference for fast and convenient food options is further fueling the demand for packaging solutions in this sector.

In addition to the food and beverage industry, the packaging tapes market in North America is experiencing growth due to the burgeoning e-commerce and retail sectors. The demand for tamper-proof and personalized packaging tapes is on the rise, particularly in pharmaceuticals and textiles, where product authenticity and security are paramount. The retail industry, with its need for secure transit solutions and enhanced branding, also contributes to market expansion. The fragmented nature of the market sees major players like Intertape Polymer Group Inc., 3M Company, and Avery Dennison Corporation driving innovation and competition. Overall, the market is set to register steady growth, supported by diverse industry needs and evolving consumer preferences.

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North America Packaging Tapes Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Demand from food, beverage, and e-commerce industries

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Government Regulations on Plastic Usage

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Material Type

      1. 2.1.1 Plastic

      2. 2.1.2 Paper

    2. 2.2 Adhesive Type

      1. 2.2.1 Acrylic

      2. 2.2.2 Hot Melt

      3. 2.2.3 Ruber-Based

      4. 2.2.4 Other Adhesive Types

    3. 2.3 End-User Industry

      1. 2.3.1 E-Commerce

      2. 2.3.2 Food and Beverage Industry

      3. 2.3.3 Retail Industry

      4. 2.3.4 Other End-User Industries

    4. 2.4 Geography

      1. 2.4.1 United States

      2. 2.4.2 Canada

      3. 2.4.3 Mexico

North America Packaging Tapes Market Size FAQs

The North America Packaging Tapes Market size is expected to reach USD 17.51 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 22.02 billion by 2029.

In 2024, the North America Packaging Tapes Market size is expected to reach USD 17.51 billion.

North America Packaging Tapes Market Report Snapshots

North America Packaging Tapes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)