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The global bottles market is expected to reach a market valuation of US$ 108.0 Bn by the year 2022, accelerating at a CAGR of 5.0% by 2022-2032.

Future Market Insights (FMI) has predicted the bottles market size to top US$ 108 Bn in 2021. The packaging industry produced 146 million tonnes of plastic and waste generation by the industry was 141 million tonnes in 2015 based on research by Geyer et al. Most of the alternatives are either costlier or functionally incapable of replacing plastic.

These developments are expected to have a considerable impact on the bottles market. With focus slowly shifting away from plastic as preferred material, some of the leading market players are focusing on strategic collaborations to stay ahead of the curve.

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For instance, recently acquired by HP Inc, has developed zero plastic paper bottle. There also are instances where paper bottles have been commercialized as Chaayos has done. Replacing plastic bottles with paper bottles will take some time and until then plastic will remain the key material to be used for making bottles.

As per FMI, plastic segment contributed towards 61% of the overall bottles market in 2021. Meanwhile, glass bottles also will register steady rise in demand. Despite cons of being heavy and breakable, glass bottles remain the preferred choice for premium and quality products. Moreover, it is preferred by the pharmaceutical industry due to its properties like chemical inertness, non-permeability, and sterility.

Metal bottles are lighter, attractive and sustainable. Moreover, it provides product protection from sunlight and other sources of light. It is more durable than paper and plastic and less fragile than glass.

Key Takeaways from Bottles Market

• The plastic segment is estimated to create an incremental opportunity of US$ 40 bn during the forecast period.
• The beverage industry is held 41% of the total market share by the end of 2021.
• The India bottles market is projected to register a CAGR of 6.7% during the forecast period
• The China bottle market is expected to register a CAGR of 6.4% between 2022 and 2032.

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“Attractive and more functional bottles are going to steal the show in terms of cost as well as sustainability. Considering this, bottle manufacturers are focusing on design innovations to gain competitive edge,” said an analyst at FMI.

Demand for Bottles to Grow in Beverages Sector

The beverage industry is seeing growth, especially in a post-pandemic world. The growth in the industry is due to the emergence of direct to customer delivery and eCommerce platforms which have solved logistical issues. In addition to this, technology is also playing a crucial part in the beverage industry growth journey. The greater the sales of the beverages, the greater the opportunity for the bottle industry. The beverages segment contributed 41% of the market share in 2021 and it is expected to remain dominant end user through the course of the assessment period.

Bottles Market Landscape

Amcor PLC, Gerresheimer AG, AptarGroup Inc., Ardagh Group SA, Albéa S.A., Berry Global Inc., Comar, LLC, Alpack Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Vitro, S. A. B. de C. V., Vidrala S.A, BA Glass B.V., AGI Glasspack Limited., Frigoglass Jebel Ali FZCO, Consol Glass (Pty) Ltd., Toyo Glass Co., Ltd., Piramal Glass Private Limited, Albéa S.A., Verallia SA, Stölzle-Oberglas GmbH

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Key manufacturers operating in the bottles market are focusing on producing lighter-weight and sustainable products. Several mergers & acquisitions and innovations are taking place in the industry as market player’s aim for competitive edge.

• In February 2022, HP Inc acquired Choose Packaging, which developed zero plastic paper bottles.
• In 2019, PriestmanGoode came up with new sustainable packaging to replace single-use plastics in air travel.

Bottles Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for bottles market by material Type (Glass, Plastic, Metal, Paper), By Capacity (Up to 200 ml, 201-500ml,501-1000ml, 1000ml & above), By End-use (Food, Beverages, Pharmaceuticals, Personal care & Cosmetics, Homecare, Chemicals) & by Region (North America, Latin America, Europe, South Asia, East Asia, Middle East & Africa, Oceania) – Forecast to 2022 – 2032

Bottle Market by Category

By Material, Bottle Market is segmented as:

• Glass
• Plastic
• Metal
• Paper

By Capacity, Bottle Market is segmented as:

• Up to 200 ml
• 201-500 ml
• 501-1000 ml
• 1000ml & above

By End Use, Bottle Market is segmented as:

• Food
• Beverages
• Pharmaceuticals
• Personal care and cosmetics
• Home care
• Chemicals

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Key Questions Answered in the Report

• How big is the bottle market?
• Will beverages industry remain leading end user in global bottles market?
• Which region is expected to contribute maximum to the bottles sales?
• How will the China and India bottles market are?
• Which material type will dominate the bottles market?

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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The global tapes market is growing at a CAGR of 4.8% in the forecast period. Surging demand for masking and pressure sensitive tapes will result in high growth of the market.

During 2015-2021, the global tapes market grew at a CAGR of 3.4%. The period saw the arrival of new market participants and product advancements, which fueled demand in the global tapes market.

Expansion of the building and construction industry is expected to create impressive prospects for growth of the tapes market. The building and construction sector is diverse, encompassing industrial construction, real estate, and repair and maintenance among others.

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Therefore, consistent growth in the industry is expected to offer conducive environment for the tapes market growth. Besides this, the demand for tapes is expected to remain considerably high in the automotive sector.

China is one of the leading tape production markets, accounting for 20% of worldwide market value in 2022. With technological advancements, economies of scale, and inexpensive labor, Asia now accounts for about half of the global tapes market.

Key Takeaways from Global Tapes Market

• The pressure-sensitive tape segment will remain top performing in terms of tapes type, representing nearly ~65% of the sales by the end of the forecast period.
• Demand for tapes in the building and construction segment will accelerate at a CAGR of 5.1% between 2021 and 2031.
• The China tapes market projected to register a CAGR of 5.6% during the forecast period.
• Germany will emerge as a highly lucrative market for the sales of tapes within Europe.
• The U.S. will register high sales of tapes, backed by demand in construction and automotive sectors.

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“Companies operating in the tapes market are expected to focus on diversification to cater to specific industrial requirements. Besides this, they are expected to gradually migrate to online platforms to expand their global reach,” said an FMI analyst.

Building and Construction Sector is the Key Driver of Global Tapes Market

Tape producers have developed a diverse array to fulfil the demand for a wide range of indoor painting applications. This has resulted in the high demand for masking tapes. The sales of masking tapes is driven by their ease of use and low cost of, as well as the availability of single-sided and double-sided masking tapes.

Leading automotive manufacturers and suppliers rely heavily on diverse adhesive solutions for a variety of applications. Masking tapes have diverse uses within the automotive sector. These include wire harnessing, surface protection, and attachment part mounting.

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Global Tapes Market Landscape

Some of the leading players included in the global tapes market analysis are 3M Company, Shurtape Technologies LLC, Tesa SE, Saint-Gobain Tape Solutions Europe, Nitto Belgium NV, Advance Tapes International Ltd., PPM Industries S.p.A, Vibac Group S.p.a, Intertape Polymer Group Inc., Berry Global, Inc., Beorol d.o.o, Folsen Tapes, FABO s.p.a., Scapa Industrial, Cintas Adhesivas Ubis, S.A., MBK Tape Solutions, NADCO® Tapes & Labels, Inc., Pro Tapes & Specialties, Inc., Sicad Group and PPI Adhesive Products Limited. Based on the segmental revenue FMi team estimates that 3M Company, Shurtape Technology LLC, Tesa SE, are some of the Tier 1 players holding nearly 12-15% values share in the global tapes market.

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) predicts the global packaging bins market size to top US$ 3 Bn in 2032, up from US$ 2 Bn in 2022. Driven by surging demand for bulk packaging, the market is poised to grow by 4.4% between 2022 and 2032.

Bulk bins are packaging solutions used for storing and transporting bulk materials/contents. These bins are made from plastic or paper or metal which offer improved strength and durability during storage and transportation of large volume of consignments.

Bulk bins are used by various industries such as food, automotive, construction, electronics & furniture, chemical, and others. These bins are cost-effective, durable, versatile, lightweight bulk packaging solutions which attracts various end use industries. Bulk packaging bins are available in different capacities such as less than 15 gallons, 15 to 40 gallons, 41 to 120 gallons, and more than 120 gallons.

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The rising awareness and preference for sustainable packaging solutions will propel the demand for paper bulk bins. These bins can be reused and recycled hence, they are gaining traction among diverse end users. Moreover, the surge in trade of bulk goods will create attractive prospects for the growth of the market worldwide.

Key Takeaways from Bulk Bins Market

• The paper packaging bins segment is projected to register a CAGR of 5.7% during 2022-2032.
• By capacity, the 15 to 40 gallon is forecast to remain the dominant segment in terms of capacity over the forecast period.
• The food segment is expected to account for 5/8 of overall packaging bins sales in 2025.
• Europe, North America, and East Asia are projected to exhibit the high demand for bulk bins. These segments collectively are projected to hold approximately 68% of the market value share by the end of 2032.

“The rising preference for the eco-friendly and sustainable packaging solution among various end-use industries will bolster the sales of corrugated (paper) packaging bins. To capitalize on existing opportunities, market players are likely to focus on product launches,” says an FMI analyst.

Trend of Customization & Environment-Friendly Packaging Solution Fuelling Demand for Bulk Bins

Bulk bins can be customized as per the requirement of end use industry based on their capacity as well as the material which drives the demand for bulk bins. The customized bulk bins market is anticipated to bolster during the forecast period. The key players operating in the bulk bins are offering customization such as providing a double and triple wall for the bulk bins as per the requirement of the end-users.

This attracts the end use industry. Moreover, the customized printing option adds to the benefit of bulk bins. The development of corrugated bulk bins helps in easy printability which augment the sales of bulk bins among various end use industries.

The availability of corrugated bulk bins offers various features such as reusability, recyclability, and sustainability which addresses the environmentally friendly concern which boosts the demand for bulk bins. Thus, the bulk bin offering customization as well as an eco-friendly option for the bulk packaging drives the demand for bulk bins among the end use industry.

• Bulk Bins Market Landscape
• DS Smith plc,
• International Paper Company,
• WestRock Company,
• Atlantic Packaging Products Ltd., and
• Smurfit Kappa Group plc

are the key players operating in the bulk bins market. Furthermore, Mondi plc, REMCON Plastics Inc., Napco National, and Schaefer Systems International, Inc. are also noticeable players in the bulk bins market. The Tier 1 players in the market hold 15-20% in the global bulk bins market.

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Packaging Bins Market by Category

By Material Type:

• Plastic Packaging Bins
• Paper Packaging Bins
• Metal Packaging Bins

By Capacity:

• Less than 15 Gallons
• 15 to 40 Gallons
• 41 to 120 Gallons
• More than 120 Gallons

By End Use:

• Food
• Automotive
• Construction
• Electronics & Furniture
• Chemical
• Others (Retail, Waste Management, etc.)

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Future Market Insights (FMI) predicts the global sales in the jar market to top US$ 61 Bn in 2032 from US$ 42.2 Bn in 2022. Jars are the rigid packaging solution made from plastic, glass, metal, or paper material that are durable and cost-effective. They are used in different industries such as food & beverages, pharmaceuticals, cosmetics & personal care, oil & lubricants, chemicals & fertilizers, and others.

Key Takeaways from Jars Market

• The plastic jars segment is projected to remain dominant in terms of material type, creating incremental opportunity of US$ 14.0 Bn during 2022-2032.

• By capacity, the 10 t0 50 OZ segment is anticipated to remain the most preferred during the forecast period.

• Based on end use, cosmetics & personal care and food & beverages segments are projected to register a CAGR of 4.7% and 4% respectively during 2022-2032. Both the segment collectively are estimated to create an incremental opportunity of US$ 12.5 Bn during the foreseeable period.
• Europe and North America are anticipated to showcase high demand for jars during the forecast period. These regions together are estimated to hold around 52% of the market by the end of the next ten years.

“The adoption of cost-effective, durable, environment-friendly, and rigid packaging solutions will augment the sales of jars among the various industries. Also, it is easier to customize designs of jars and print of them as per specific industrial requirements. These factors are expected to drive sales in the jar market over the coming years,” says an FMI analyst.

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Preference for Rigid and Durable Packaging Solutions among the End Use Industry Bolster the Demand for Jars

The preference for rigid and durable packaging solutions is rising among the various industries such as food & beverage, pharmaceuticals, cosmetics & personal care, oil & lubricants, and others.

The rising preference for rigid and durable packaging solutions will propel the demand for jars. Jars are used for storing, handling, and transporting the content. They are durable, lightweight, and cost-effective packaging solutions that help in protecting the quality of the product along with maintaining its shelf-life. Driven by these factors, the sales of jars are expected to pick up in the coming years.

Jars Market Landscape

Berry Global Group, Amcor plc, Owens Illinois Group Inc., Graham Packaging Company, and Silgan Plastics are the key players operating in the jars market. Furthermore, Gerresheimer AG, Alpha Packaging, Olcott Plastics, Cospak Ltd., and GREAT WESTERN CONTAINERS INC. are also noticeable players in the jars market. The Tier 1 players in the market hold 10-15% in the global jars market.

Future Market Insights, in its new report, offers an unbiased analysis of the global jars market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the jars based on the material type (plastic jars (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), and others (PVC, EVOH), glass jars, metal jars, and paper jars), capacity (less than 10 OZ, 10 to 50 OZ, and more than 50 OZ), and end use (food & beverages, pharmaceuticals, cosmetic & personal care, homecare, oil & lubricants, and chemical & fertilizers) across seven regions.

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Jars Market by Category

By Material Type: 

• Plastic Jars
  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
  • Others (PVC, EVOH)
• Glass Jars
• Metal Jars
• Paper Jars

By Capacity:

• Less than 10 OZ
• 10 to 50 OZ
• More than 50 OZ

By End Use:

• Food & Beverages
• Pharmaceuticals
• Cosmetic & Personal Care
• Homecare
• Oil & Lubricants
• Chemical & Fertilizers

By Region:

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

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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According to a market study by Future Market Insights (FMI), the demand for plastic punnets increased among end users with growing consumption of packaged fresh food. However, due to growing environmental concern, manufacturers and end users are adopting sustainable packaging formats to preserve nature and ensure maximum product shelf life.

To capitalize on this existing trend, some of the manufacturers are developing PCR material based punnets and are also developing alternatives to plastic punnets such as cardboard, paper and molded fiber punnets.

For instance, leading manufacturer, Smurfit Kappa Group identified that globally around 95% of all plastic packaging is used for single time and then converted into waste by discarding all of them.

This increased the litter and ultimately landfills. Hence, demand for paper based punnets is expected to increase as they are completely recyclable and reduce the plastic waste.

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Meanwhile, Westpack Group Ltd. recently launched cardboard based punnets which are heat sealed. This innovation will minimize long-standing dependency of grocery manufacturers on plastic punnets for commercial heat sealing process. The company is offering set of commercially viable paper based alternative to plastic punnets.

As these paper or cardboard punnets are also good in absorbing moisture, FMI anticipates that they will witness astonishing growth, accelerating the demand in the global punnet market over the coming decade.

Key Takeaways from Punnet Market
The plastic punnet segment is estimated to create an incremental opportunity of US$ 529.4 Mn during the forecast period.

The fresh food produce segment will witness robust growth at a CAGR of 6.5% in the forecast period.

North America punnet market is to anticipated to hold nearly 25% of the global market share during the forecast period.

South and East Asia are anticipated to be the most attractive region for the punnet market during the forecast period.

China and the U.S are expected to dominate the East Asia and North America punnet market, respectively.

“Adoption of sustainable material with ~100% recyclability which can increase the shelf life of fresh produce with attractive print on the punnet is increasing. This is expected to create lucrative growth avenues in the market over the coming decade” –FMI Analyst

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Need to Increase Shelf Life of Fresh Produce to Accelerate Demand for Punnet Packaging
The punnet market is poised to expand with rising demand for products with longer shelf lives. It takes time for packaged food to reach consumers across the globe after it is packaged. As a result, the packaged food may not be fresh, and its aroma and taste may be lost before it reaches the consumer. Hence, to keep the packaged food and fruits more fresh, adoption of punnets is increasing.

Further, packaging industries are investing in technologies and various new packaging techniques, such as intelligent packaging to increase the shelf life of the product. Punnet packages’ enhances the shelf life of fresh goods for longer period of time. This is creating growth opportunities for punnet manufacturers.

Punnet Market Landscape
Leading players operating in the global punnet market include Smurfit Kappa Group Plc, LC Packaging International BV, Coveries Holding SA, T&B Containers Ltd, Tacca Industries Pty. Ltd., Raptis Pax Pty. Ltd., INFIA srl, Quinn Packaging Ltd., Groupe Guillin SA, Paccor Netherlands BV, Leeways Packaging Services Ltd., AVI Global Plast Private Limited, Royal Interpack Group, Alta Global Inc. and Ilip S.r.l.

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Punnet Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for punnet market by material type (paper, plastic, molded fiber punnets), by capacity (Up to 150 gm, 151-330 gm, 301-500 gm, above 500 gm), by application (fruits and vegetables, meat poultry and seafood, frozen food, Ready-to-Eat), by end use (retail outlets, hotels, restaurants and cafes, household).

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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According to Future Market Insights (FMI), the global syringes market is expected to surpass a valuation of US$ 49.2 Bn by the end of 2032. Availability of syringes in different capacities such as small volume syringe, medium volume syringe, and large volume syringe is propelling the demand in the market. These syringes are used by various end users such as hospitals, research laboratories, drug manufacturing, and clinical research. It is the best suitable solution for injecting or withdrawing the fluid from the body. With growing demand for disposable syringes and reusable syringes, demand in the market is expected to propel.

Furthermore, disposable syringes are preferred by healthcare professional due to the increasing awareness about the diseases caused by the usage of the same or repeated syringe. Hence, the rising intake of disposable vaccines along with the development of new vaccines is driving the demand for syringes across the globe.

Future Market Insights forecasts that there are various opportunities for syringe manufacturers due to the rise in usage of the syringe in the healthcare sector

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Key Takeaways

• The plastic syringe segment is anticipated to expand at a CAGR of 10.1% during the forecast period due to the increasing use of disposable syringe.
• By product type, the disposable syringe segment is anticipated to remain the leading segment, accounting for over 88% of the market share and creating an incremental opportunity of US$ ~25.3 Bn.
• Based on end use, the hospital segment followed by the clinical research segment is projected to account for significant share.
• Sales of syringes in hospitals and clinical research will surpass US$ 23.7 Bn during 2022-2032.
• North America, Europe, and East Asia are showcasing highest demand for syringes. These segments are projected to hold approximately a 2/3rd of the market by the end of 2032.

“Need for disposable solutions in hospitals to withdraw and inject fluid or drug is propelling the demand for plastic disposable syringes. To capitalize on this, innovation in syringes is on card. This is expected to create opportunities for companies operating in the market,” says an FMI analyst.

Syringes Market by Category

By Material:

• Glass Syringes
• Plastic Syringes

By Syringe Type:

• Disposable Syringes
• Reusable Syringes

By Capacity:

• Small Volume Syringes (1-10 ml)
• Medium Volume Syringes (11-20 ml)
• Large Volume Syringes (Above 20ml)

By End Use:

• Hospitals
• Research laboratories
• Drug Manufacturing
• Clinical Research

Expansion of Healthcare & Medical Sector to Generate High Demand for Syringes

The healthcare & medical sector across the globe is expanding due to the spread of various viruses & diseases. Besides this, the people are getting more health-conscious which is resulting in more usage of healthcare facilities and services.

The expansion of healthcare and medical sector is expected to propel the demand for syringes. Also, the small scale healthcare facilities are emerging to cater for the growing number of patients which is creating incremental growth opportunities for the syringe market.

Besides this, the government in several countries is also focusing on expanding the healthcare facilities to improve the treatment of patients, thereby, augmenting the sales of syringes. Additionally, development of new drugs across the globe will bolster the demand in the syringe market.

Rise in Blood Collection Center Creating Growth Opportunity for the Syringes Market

The blood collection centers use a syringe to withdraw blood samples from the patient’s body to examine the spread or impact of caused virus or disease. The spread of the COVID-19 virus resulted in high demand for a blood collection center to examine the spread of the virus on the lungs blood is been collected. This rise in the demand for blood collection centers creating growth opportunity for the syringe market.

The increase in blood collection centers is anticipated to create market growth opportunities for the syringe during the forecast period.

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Impact of COVID-19 on Syringes Market

The global syringes market experienced a positive impact of COVID-19 due to the rise in production and consumption of vaccines to curb the spread of the virus which bolster the sales of the syringe across the globe. The COVID-19 vaccine getting compulsory for the population to supplement the sales of the syringe. Also, the massive vaccination drives push the demand for the syringe. The development of a new vaccine for the COVID-19 virus creates a growth opportunity for the syringes market.

Moreover, government decision of the first dose then the second dose, and the booster dose is fuelling the demand for the syringe. The key players operating in the syringe market are focusing on increasing their production capacity to meet the increasing demand for the syringe. The government also offered subsidies and support for the production of the syringe to avoid the shortage of the syringe. Thus, the COVID-19 bolster the sales of syringe across the globe.

Syringes Market Landscape

Becton, Dickinson and Company, Gerresheimer AG, Braun Medical Inc., Schott AG, and DWK Life Sciences are the top players operating in the syringe market. Furthermore, Cardinal Health Inc., Hindustan Syringes & Medical Devices Ltd., and CHEMI S.P.A. are also noticeable players in the market. The Tier 1 players in the market hold 10-15% in the global syringe market.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

TOC Continue…

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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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Paper masking tapes developed to sustain high temperatures over longer duration prove effective across high performance applications. This will remain a chief driver of the paper masking tapes market, enabling growth at 5.4% CAGR based on value between 2021 and 2031
Future Market Insights (FMI) has predicted the global market value to total US$ 3.2 Bn by the end of 2031. Increasing demand for high temperature resistance paper masking tapes from customers is encouraging manufacturers to design advanced masking tapes.
Surging adoption of advanced foam paper masking tapes in various industries is driving the global market. Paper masking tapes have the ability to withstand high temperature and are specially designed for application in the automotive industry.

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Paper Masking Tapes Market Landscape
• 3M Company,
• Shurtape Technologies LLC,
• Tesa SE,
• Saint-Gobain Tape Solutions Europe,
• Nitto Belgium NV,
• Advance Tapes International Ltd.,
• PPM Industries S.p.A,
• Vibac Group S.p.a,
• Intertape Polymer Group Inc.,
• Berry Global, Inc.,
• Beorol d.o.o,
• Folsen Tapes,

Paper masking tape manufacturers have been consistently innovating in terms of product development to solve industry specific issues related to high temperature applications such as bleed through due to low initial tack, ineffectiveness and inconvenience in painting contours and irregular surfaces. Their efforts are expected to bode well for the market.

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Key Takeaways from Paper Masking Tapes
• The crepe masking tape segment is estimated to represent a dominant market share. It is estimated to create an incremental opportunity of US$ 846.3 Mn during the forecast period.
• Demand in automotive aftermarket is expected to accelerate with a CAGR of 6.1%.
• Rubber-based adhesive segment is expected to account for more than 36% of sales in the market through the forecast period.
• The South Asia paper masking tapes market is projected to register a CAGR of 7.6% during the forecast period.
“Adoption of sustainable and high tensile paper masking tapes that can withstand extreme temperatures and can provide barrier against moisture is expected to increase over the next decade,” said a lead FMI analyst.

Automotive Sector is the Key Driver of Paper Masking Tapes Market
To meet the demand for customers for such a wide range of indoor painting jobs, and tape, manufacturers have developed a multifaceted assortment. The convenient use and affordable pricing of masking tapes with availability of single-sided and double-sided masking tapes is driving the market.
Leading automotive manufacturers and suppliers rely on various adhesive solutions for numerous applications. These include wire harnessing, surface protection, and attachment part mounting. This is creating a demand for masking tapes from the automobile industry.

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Paper Masking Tapes Market By Category
By Tape Type:
• Crepe Masking Tape
• Washi Masking Tape
• Flatback Paper Masking Tape
• Kraft Paper Making Tape

By Distribution Channel:
• Distribution Professional
• Aftermarket Sales
• DIY Distribution

By Adhesive Type:
• Rubber-based Adhesive
• Acrylic- based Adhesive
• Silicon-based Adhesive
• Hot Melt Adhesives
By Application:
• Painting
• Plating
• Abrasive Blasting
• High Temperature Application
• Thermal Spraying
• General Use

By End Use:
• Automotive
• Building and Construction
• Aerospace
• General Industries
• Others

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