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Europe Packaging Tapes Market Size (2024 - 2029)

The European packaging tapes market is experiencing significant growth, recovering from the impacts of COVID-19. The market's expansion is driven by the increasing demand for high-strength packaging materials, despite challenges posed by environmental concerns that hinder the transition to more sustainable solutions. The food and beverage industry's rising use of packaging products further enhances the market's potential, offering promising growth opportunities.

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Market Size of Europe Packaging Tapes Industry

Europe Packaging Tapes Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 3.00 %
Market Concentration Low

Major Players

Europe Packaging Tapes Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Packaging Tapes Market Analysis

The European packaging tapes market is anticipated to register a CAGR of greater than 3% during the forecast period. COVID-19 hampered the growth of the packaging tapes market. Packaging tape businesses were developing revolutionary solutions that were environmentally benign, reusable, and biodegradable. But the concerns regarding the hygiene and safety of packaging tapes hindered the industry's transition to a more sustainable and circular supply chain. Currently, the packaging tapes market is recovered from the pandemic and is growing significantly.

  • Over the short term, the rapid economic expansion and growing demand for packaging materials with high strength, toughness, and break strength have been projected to fuel the market's growth throughout the forecast period.
  • However, changes in environmental conditions are one of the limitations preventing the adoption of the packing tape market, which is expected to hamper the market growth over the forecast period.
  • Nevertheless, the use of packaging products in the food and beverage industry is expanding the market prospects. This is likely to create lucrative growth opportunities for the Europe packaging tapes market over the forecast period.

Europe Packaging Tapes Industry Segmentation

Packaging tapes are pressure-sensitive tape that is used in a wide range of applications, most notably for sealing boxes and packages for shipment. The most usual widths are two to three inches wide, with a backing of polypropylene or polyester. 

The European packaging tapes market is segmented by material type, adhesive type, 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. By end-user industry, the market is segmented into e-commerce, the food and beverage industry, the retail industry, and other end-user industries. The report covers the market size and forecast for the Europe packaging tapes market in 6 countries across the European region. For each segment, the market sizing and forecasts have been done in terms of value in USD million.

By Material Type
Plastic
Paper
By Adhesive Type
Acrylic
Hot Melt
Rubber-based
Other Adhesive Types
By End-user Industry
E-Commerce
Food and Beverage Industry
Retail Industry
Othe End-user Industries
By Geography
Germany
United Kingdom
Italy
France
Spain
Rest of Europe
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Europe Packaging Tapes Market Size Summary

The European packaging tapes market is experiencing a recovery and significant growth following the challenges posed by the COVID-19 pandemic. The market is driven by the increasing demand for packaging materials that offer high strength and durability, particularly in the food and beverage sector. Despite the initial hurdles related to hygiene and safety concerns, the industry is now focusing on developing innovative, environmentally friendly, and sustainable solutions. The expansion of e-commerce and the emphasis on lightweight and flexible packaging solutions are further propelling the adoption of packaging tapes across various end-user industries in Europe. However, environmental changes remain a challenge that could potentially hinder market growth.

The United Kingdom stands out as a key player in the European packaging tapes market, with a significant share in terms of market revenue. The country's robust e-commerce sector and its large food and beverage industry contribute to the high demand for packaging tapes. The use of plastic tape packaging is particularly popular due to its durability and high barrier qualities, making it a preferred choice in retail and e-commerce. Major manufacturers like 3M, Avery Dennison, Henkel AG & Co. KGaA, Nitto Denko Corporation, and Tesa SE are actively investing in sustainable practices and expanding their production capabilities to meet the growing market demands. These developments are expected to enhance the market's growth prospects over the forecast period.

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Europe Packaging Tapes Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rapid Economic Expansion

      2. 1.1.2 Growing demand for Packaging Materials

    2. 1.2 Restraints

      1. 1.2.1 Changes in Environmental Conditions are one of the Limitations Preventing the Adoption of the Packing Tape Market

      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 Buyers

      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 (Market Size in Revenue)

    1. 2.1 By Material Type

      1. 2.1.1 Plastic

      2. 2.1.2 Paper

    2. 2.2 By Adhesive Type

      1. 2.2.1 Acrylic

      2. 2.2.2 Hot Melt

      3. 2.2.3 Rubber-based

      4. 2.2.4 Other Adhesive Types

    3. 2.3 By 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 Othe End-user Industries

    4. 2.4 By Geography

      1. 2.4.1 Germany

      2. 2.4.2 United Kingdom

      3. 2.4.3 Italy

      4. 2.4.4 France

      5. 2.4.5 Spain

      6. 2.4.6 Rest of Europe

Europe Packaging Tapes Market Size FAQs

The Europe Packaging Tapes Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

3M, Avery Dennison , Henkel AG & Co. KGaA, Nitto Denko Corporation and Tesa SE are the major companies operating in the Europe Packaging Tapes Market.

Europe Packaging Tapes Report Snapshots

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