Tape Backing Materials Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

ByNiranjan karde

The Global tape backing materials market is anticipated to expand at a CAGR of roughly 5% to 6% from 2022 to 2032. With a revenue share of roughly 60% to 70% from 2022 to 2032, polypropylene is anticipated to become the most popular material on the global market.

The expansion of the global market is anticipated to be aided by increasing uses of tape backing materials in packaging solutions across industries including electronic & electrical, food & beverage, personal care & cosmetics, confectioneries, home care, and others.

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Market Dynamics:

The demand for packaging tapes in increasing at a decent CAGR value due to growing cross-border flow of products and e-commerce industry. Packaging tapes are extensively used to protect products from damage during shipping and transportation. With the high consumption of packaging tapes, the demand for tape backing materials will also grow simultaneously during the forecast period.

The demand for polypropylene backing material will outpace other segments in the global tape backing materials market. Manufacturing of tape backing materials require skilled labor and the high cap-ex which in turn emerge as major challenges to the tape backing materials manufacturers across the globe. With the increasing application of tapes in different end-use industries such as electrical & electronics, healthcare, etc., the demand for tape backing materials will also increase at the same pace as tape backing materials are the integral part of the tape products. It is noticed that there are numerous opportunities for the new entrants as well as existing manufacturers to establish good market presence in the global tape backing materials market.

Market Competition

Some of the leading players in the tape-backing materials market are

  • Ahlstrom-Munksjö,
  • Muparo AG,
  • Tesa SE, Neenah, Inc.,

and others Prominent players in the global tape backing materials market are aiming at launching sustainable products and capacity expansion to gain edge in the highly competitive market.

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Key Segmentation: 

By Materials Type:

  • Plastic
  • Polypropylene
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Foam
  • Paper
  • Metal Foil
  • Woven Fabric
  • Others

By Application:

  • Masking Tapes
  • Double-Sided Tapes
  • Electrical & Electronic Tapes
  • Medical Tapes
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa