The global masking tape market is estimated to be valued at USD 5,651.7 million in 2024 and is projected to reach USD 8,800.8 million by 2034. Revenue is anticipated to expand at a CAGR of 4.5% over the forecast period. The market was valued at USD 5,358.7 million in 2023.
| Attributes | Key Insights |
|---|---|
| Base Value, 2023 | USD 5,358.7 million |
| Estimated Global Masking Tape Market Size (2024E) | USD 5,651.7 million |
| Projected Masking Tape Market Value (2034F) | USD 8,800.8 million |
| Value-based CAGR (2024 to 2034) | 4.5% |
The market for masking tapes is expanding rapidly due to the building and construction sector's exponential growth. These tapes are becoming common in label resources even though their primary function is masking areas during painting.
The market for masking tapes is expected to surge due to the growing popularity of eco-friendly tapes among consumers. Environmentally friendly masking tape solutions called ‘eco-tapes’ are being introduced by several masking tape manufacturers.
The packaging industry's rapidly increasing demand and the ongoing use of masking tapes in electric & hybrid vehicles are key factors propelling the market’s expansion. Further, the growing medical industry in developing countries is projected to showcase growth prospects for the masking tape market.
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The global masking tape industry recorded a CAGR of 3.7% during the historical period. It reached a market value of USD 5,358.7 million in 2023 from USD 4,627.1 million in 2019.
Masking tapes gained traction in several industries beyond the automotive sector as manufacturing processes changed, such as general manufacturing, electronics, and construction. The tapes were indispensable for jobs like labeling, painting, sealing, and packing.
Globalization led to an expansion of the masking tape market. Manufacturers started serving several markets and industries, resulting in a larger selection of goods with unique attributes to fulfill certain demands.
Masking tape production is among the industries where sustainability has become increasingly important in recent years. Manufacturers are investigating eco-friendly materials and manufacturing techniques to satisfy consumer demands and address environmental concerns.
The specialty and customized masking tape market grew, and producers responded by coming up with goods suited to particular sectors and uses. The need for tapes with special qualities for a range of application cases is reflected in this development.
The rising sales of masking tapes are prominently influenced by the growth of industries such as paint, automotive, building, and construction. These tapes are made of either plastic, paper, or rubber with pressure-sensitive adhesive on one side.
The masking tape market is expected to experience attractive growth during the forecast period. A novel estimation forecasts that sales are expected to rise from 2024 to 2034. The market is predicted to expand 1.5 times the current value during the forecast period.
The table presents the expected CAGR for the masking tape market over several semi-annual periods spanning from 2022 to 2033. In the first half (H1) of the decade from 2023 to 2033, the market is predicted to surge at a CAGR of 4.2%, followed by a slightly higher growth rate of 4.3% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to rise slightly to 4.7% in the first half and remain relatively moderate at 4.6% in the second half.
| Particular | Value CAGR |
|---|---|
| H1 | 4.2% (2023 to 2033) |
| H2 | 4.3% (2023 to 2033) |
| H1 | 4.7% (2024 to 2034) |
| H2 | 4.6% (2024 to 2034) |
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Advanced acrylic adhesive technology is a key trend in the masking tape market. This technology has replaced the traditional liquid & spray adhesives, mechanical fasteners, and other bonding and fastening systems. Advanced acrylic adhesives are set to be used in masking tapes to maintain stability and integrity, while the others tend to bleed at the edges.
Manufacturers from diverse industries, including painting, construction, and automotive, have started the adoption of these tapes to enhance the tape’s performance. Acrylic adhesive-based masking tapes offer excellent resistance to temperature fluctuation, UV exposure, and aging. Consumers are adopting them for long-term uses, enhancing the diversity of applications.
The demand for masking tapes has significantly improved in recent years, driven by the growth of the automotive sector. For precision painting and detailing processes, masking tapes are projected to help automotive manufacturers to a greater extent.
The complexity of modern vehicle designs and the adoption of multiple colors in automotive are helping masking tape manufacturers to expand in the market. The growing adoption of luxury cars in regions such as the Middle East & Africa, and Asia Pacific, driven by economic growth, is also becoming a key factor for improving market growth.
Masking tapes are considered an efficient choice for consumers for several indoor activities. These tapes help consumers do the paint job with the utmost precision, even at sharp edges, due to their availability in extra-thin paper. Masking tapes can also be removed easily without making any residue on the surface.
The low tacking property of these tapes further enhances their application in diverse fields, including renovation, furniture, door, window, and decorative painting. The rising sustainable practice is projected to expand the demand for efficient, eco-friendly tape solutions. Hence, paper and rubber-based masking tapes are emerging as a prominent choice for modern consumers.
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The table below shows the estimated growth rates of the top five countries. India, Brazil, and Japan are set to record high CAGRs of 5.7%, 4.0%, and 4.4%, respectively, through 2034.
| Countries | CAGR |
|---|---|
| United States | 2.8% |
| Brazil | 4.0% |
| Japan | 4.4% |
| Germany | 3.2% |
| India | 5.7% |
The need for masking tapes in the United States comes from several industries, including manufacturing, DIY/home improvement, construction, and automobile. The market is expected to witness steady growth from these industries throughout the forecast period.
In the automotive industry, masking tapes are set to be frequently used for painting, sealing, and masking purposes. They are also necessary for construction-related jobs like surface protection and painting in the United States.
Both international and regional competitors are present in the United States’ masking tape market. Key players in the adhesive tape industry heavily influence the United States, such as 3M, Avery Dennison Corporation, and Intertape Polymer Group.
In Germany, adherence to business rules and regulations is essential. To retain their credibility in the market, manufacturers are expected to ensure that their products adhere to regulatory organizations' safety and quality requirements.
The market for masking tapes is growing amid the rise of e-commerce, especially in packing tapes used in shipping and logistics. The retail industry also plays a key role in pushing the need for masking tapes for do-it-yourself and home renovation projects in Germany.
The masking tape market likewise shows a trend toward a rising emphasis on eco-friendliness and sustainability. Manufacturers are projected to comply with customer expectations and company sustainability goals by implementing eco-friendly materials & procedures.
Disruptions in the supply chain and changes in customer behavior during lockdowns influenced the masking tape market in India. The market is set to exhibit a trend toward customization, with producers providing a wide selection of masking tapes designed to satisfy the unique needs of several sectors and uses.
Distributed via several routes, masking tapes are sold directly to industrial customers, distributors, and retailers. E-commerce sites are becoming increasingly crucial for the final-user distribution of masking tapes in India.
Japan is renowned for its dedication to industrial accuracy and quality. Tight adherence to industry norms and strict quality standards are anticipated to impact the masking tape market.
Japan is witnessing a rise in demand for specialty and customized masking tapes, in line with several trends.
Manufacturers are providing goods specially designed to satisfy the demands of several markets and uses. Advances in adhesive technologies have led to the creation of masking tapes with improved performance qualities, such as temperature resistance and durability, in the market.
In Brazil, as in other developed markets, there is a growing focus on sustainability. Manufacturers are investigating environmentally friendly materials and production techniques to satisfy customer preferences and address environmental concerns. The expansion of e-commerce platforms in Brazil is expected to influence the distribution patterns of the market.
The section below shows the plastic segment dominating by backing material type. It is predicted to surge at a CAGR of 4.6% by 2034. Based on end-use, the building and construction segment is anticipated to generate a dominant share through 2024. It is set to rise at a 4.7% CAGR by 2034.
| Backing Material Type | Value CAGR |
|---|---|
| Paper | 4.5% |
| Plastic | 4.6% |
The plastic backing of masking tapes is renowned for being inexpensive, flexible, and resistant to dampness. Plastic tapes are frequently used for general-purpose masking and packing. Plastic has good durability, strength, and tear resistance. Applications where flexibility and strength must be balanced can benefit from using plastic tapes.
Plastic tapes provide good dimensional stability, chemical resistance, and heat resistance. They are set to be frequently employed in settings where robustness is essential, such as logistics and transportation.
| End-use | Value CAGR |
|---|---|
| Building and Construction | 4.7% |
| Automotive | 4.4% |
Building and construction sectors use maximum masking tapes. This is because these tapes prevent overspray during the painting and coating process. Masking tapes provide a convenient method to paint specific areas. Furthermore, they ensure that paint or other substances are applied only to intended surfaces for better finishing.
Key companies in the masking tape market include Intertape Polymer Group LLC, Shurtape Technologies LLC, and tesa S.E. Group. Leading companies primarily focus on adhesive technologies, tear resistance, and eco-friendly formulations. Prominent manufacturers are also focusing on expanding their reach through mergers and acquisitions, allocating efforts toward new product releases simultaneously.
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| Attribute | Details |
|---|---|
| Estimated Value (2024) | USD 5,651.7 million |
| Projected Value (2034) | USD 8,800.8 million |
| Anticipated Growth Rate (2024 to 2034) | CAGR of 4.5% from 2024 to 2034 |
| Base Year for Estimation | 2023 |
| Historical Data | 2019 to 2023 |
| Forecast Period | 2024 to 2034 |
| Quantitative Units | Revenue in USD million, Volume in million Sq Mtr., and CAGR from 2024 to 2034 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Backing Material Type, Product Type, Adhesive Type, Application Type, End-use, Region |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific excluding Japan; Middle East and Africa; Japan |
| Key Companies Profiled | Intertape Polymer Group Inc.; 3M Company.; Shurtape Technologies LLC.; tesa SE Group; Nitto Denko Corp; Ahlstrom Corporation; PPI Adhesive Products (C.E.) s.r.o.; Saint-Gobain Performance Plastics Corporation; Berry Global Group Inc.; Cintas Adhesivas Ubis SA; Scapa Group plc.; Advance Tapes International Ltd; Bolex (Shenzhen) Adhesive Products Co. Ltd.; Ultratape Industries Inc.; Shanghai Yongguan Adhesive Productions Corp., Ltd.; Pro Tapes & Specialties, Inc.; Green Belting Industries Limited.; DeWAL Industries, Inc. |
The market is set to reach USD 5,651.7 million in 2024.
Demand for masking tape is slated to expand at a 4.5% CAGR by 2034.
The market is set to reach USD 8,800.8 million by 2034.
3M Company, Nitto Denko Corp, and Ahlstrom Corporation are the key players.
The building and construction segment is estimated to lead the market in 2024.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in US$ million) Analysis 2019 to 2023 and Forecast, 2024 to 2034 8. Market Background 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Backing Material Type 9.1. Foam 9.2. Glass Fiber 9.3. Foil 9.3.1. Aluminum Foil 9.3.2. Lead Foil 9.4. Paper 9.4.1. Crepe Paper 9.4.2. Washi Paper 9.4.3. Kraft Paper 9.4.4. Flat Back Paper 9.5. Plastic 9.5.1. Polyimide (PI) 9.5.2. PVC/Vinyl 9.5.3. Polyethylene Terephthalate/Polyester 9.5.4. Fluoropolymer 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 10.1. Single Sided 10.2. Double Sided 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Adhesive Type 11.1. Silicon-based Adhesive 11.2. Acrylic-based Adhesive 11.3. Rubber-based Adhesive 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application Type 12.1. Painting 12.2. Planting 12.3. Abrasive Blasting 12.4. High Temperature Application 12.5. Thermal Spraying 12.6. General Use 13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 13.1. Automotive 13.2. Building and Construction 13.2.1. Painting 13.2.2. Planting 13.2.3. Abrasive Blasting 13.2.4. High Temperature Application 13.2.5. Thermal Spraying 13.2.6. General Use 13.3. Aerospace 13.4. General Industries 13.4.1. Electronics & Electrical 13.4.2. Medical 13.4.3. Metal Working 13.4.4. Shipping & Logistics 13.4.5. Printing 13.5. Others 14. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 14.1. North America 14.2. Latin America 14.3. Western Europe 14.4. Eastern Europe 14.5. Asia Pacific excluding Japan 14.6. Middle East and Africa 14.7. Japan 15. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19. Asia Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034 20. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 21. Japan Market Analysis 2019 to 2023 and Forecast 2024 to 2034 22. Market Structure Analysis 23. Competition Analysis 23.1. Intertape Polymer Group Inc. 23.2. Shurtape Technologies LLC. 23.3. tesa SE Group 23.4. Nitto Denko Corp 23.5. Ahlstrom Corporation 23.6. PPI Adhesive Products (C.E.) s.r.o 23.7. Saint-Gobain Performance Plastics Corporation 23.8. Berry Global 23.9. Cintas Adhesivas Ubis SA 23.10. Scapa Group plc 23.11. Waste Connections 23.12. Advance Tapes International Ltd 23.13. Bolex (Shenzhen) Adhesive Products Co. Ltd 23.14. Vibac Group S.p.a 23.15. Expera Specialty Solutions, LLC 23.16. Ultratape Industries Inc. 23.17. Shanghai Yongguan Adhesive Productions Corp., Ltd 23.18. Pro Tapes & Specialties, Inc. 23.19. Green Belting Industries Limited 23.20. DeWAL Industries, Inc. 24. Assumptions and Acronyms Used 25. Research Methodology
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Masking Tape Market
