The global tape backing materials market is estimated to exhibit growth at a CAGR of around 5% to 6% during the forecast period 2022 to 2032. Polypropylene is expected to emerge as the most sought-after material in the global market, accounting for nearly 60% to 70% of revenue share from 2022 to 2032.
Surging tape backing materials applications in packaging solutions across industries such as electronic & electrical, food & beverage, personal care & cosmetics, confectioneries, home care, and others are expected to favor the growth in the global market
| Report Attribute | Details |
|---|---|
| Tape Backing Materials Market Projected Growth Rate (2022 to 2032) | 5% to 6% CAGR |
| Estimated Tape Backing Materials Market Share in Polypropylene Segment | 60% to 70% |
Tape backing materials, also known as tape carrier materials, are substrates that are relatively thin and flexible web-based materials coated with an adhesive to make functional tapes. Among numerous possibilities, the most common backing material are paper, foil, foam, laminates, non-woven fabric, and plastic films such as polyvinyl chloride (PVC) and polypropylene.
These films are gaining huge popularity as an important raw material for manufacturing adhesive tapes, on account of their favorable attributes such as sealing ability, opacity, graphic reproduction, shelf appeal, resistivity to chemicals, and weather. Thus, increasing usage of tapes across the sectors such as automotive, electrical & electronic, medical, residential, and industrial among others is projected to bolster the sales of tape backing materials in the market.
In addition to this, the ongoing expansion of the e-commerce industry and the increasing use of adhesive tapes for packaging boxes and other products across the packaging and logistic sectors are anticipated to create lucrative growth opportunities in the global tape backing materials market.
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With the increasing obese population and increasing prevalence of lifestyle diseases, a significant rise in the incidence of chronic wounds, such as diabetic leg ulcers, post-surgical wounds, and others, is being witnessed across the world. For instance, according to a report by the Mission Regional Medical Center, around 6.9 Million people across the USA are projected to be currently suffering from chronic wounds.
Also, the incidence of cuts, burns, burses, and other acute wounds is growing at a rapid pace, creating demand for medical dressing products. According to the National Library of Medicine, more than 30,000 incidences of burns are reported every day globally, equating to around 11 million new burns every year.
As tape backing materials are extensively used in the production of wound dressing items such as transparent adhesive bandages, medical-grade tapes, and others, the increasing burden of chronic and acute wounds is estimated to bolster sales in the market.
With the growing adoption of tapes across diverse industries, leading players in the market are aiming at launching novel water-based, solvent-based, and hot melt tape backing materials for end-use applications such as electrical & electronic, and industrial tapes. This is expected to facilitate the growth in the tape backing materials over the coming years.
Implementation of stringent standards and norms by regulatory organizations, such as the USA Food and Drug Administration, regarding the use of toxic plastic material such as PVC across medical and food & beverage industries, is estimated to hinder the sales of tape backing materials across the PVC segment.
In addition to this, increasing end-user inclination towards using biodegradable and eco-friendly tapes, owing to the rising environmental concerns, is resulting in the adoption of paper & fabric-based tape backing materials. This is further hampering the demand for tape-backing materials made of plastic.
Principal Consultant
Future Market Insights reveals that Asia Pacific excluding Japan is estimated to account for a significant share of the global tape backing materials market from 2022 to 2032.
Over the past couple of years, a swift rise in production and sales of automotive vehicles is being witnessed across the Asia Pacific, driven by the growing per capita income and increasing customer preference for comfortable traveling. For instance, according to a report by the India Brand Equity Foundation, around 26.36 Million vehicles were manufactured and nearly 21.55 Million vehicles were sold across India in 2020.
As adhesive tapes made using plastics and rubber tape backing materials are extensively used in wiring, lighting, and other electronic automotive components during vehicle manufacturing, increasing products of automobiles are estimated to favor the sales in the Asia Pacific excluding the Japan market.
As per FMI, Eastern Europe is projected to exhibit growth at a robust CAGR in the global tape backing materials market during the forecast period 2022 to 2032.
With the rapidly expanding packaging industry, increasing penetration of e-commerce, and growing inclination towards adopting eco-friendly products across Europe, demand for bio-degradable tapes is increasing at a rapid pace, creating new growth prospects for tape backing materials.
Hence, key companies in the market are aiming at launching novel products to capitalize on the existing opportunities. For instance, in 2022, Ahlstrom-Munksjö, a Finland-based sustainable and innovative fiber-based solutions manufacturer announced launching new tape backing, MasterTape™ Pack Green, made of bio-based material with greater sustainability attributes. A multiplicity of such new product launches are expected to favor the growth in the Eastern Europe market.
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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 an edge in the highly competitive market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5% to 6% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the sales of tape backing materials in the market is expected to rise at 5% to 6% value CAGR by 2032.
The global tape backing materials market is anticipated to be dominated by Asia Pacific excluding Japan over the forecast period 2022 to 2032.
Ahlstrom-Munksjö, Muparo AG, Tesa SE, Neenah, Inc., and others some of the leading players in the global tape backing materials market.
1. Executive Summary | Tape Backing Materials Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Material Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers, and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Market Analysis 2015 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis, 2015 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Sq. Mt.) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis by Material, 2015 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis and Forecast by Material, 2022 to 2032
5.3.1. Plastic
5.3.2. Paper
5.3.3. Metal (Foil)
5.3.4. Foam
5.3.5. Fabric
5.4. Y-o-Y Growth Trend Analysis by Material, 2015 to 2021
5.5. Absolute $ Opportunity Analysis by Material, 2022 to 2032
6. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Tape Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis by Tape Type, 2015 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis and Forecast by Tape Type, 2022 to 2032
6.3.1. Single-sided Tape
6.3.2. Double-sided Tape
6.4. Y-o-Y Growth Trend Analysis by Tape Type, 2015 to 2021
6.5. Absolute $ Opportunity Analysis by Tape Type, 2022 to 2032
7. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis by End Use, 2015 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis and Forecast by End Use, 2022 to 2032
7.3.1. Food & Beverage
7.3.2. Pharmaceuticals
7.3.3. Cosmetics & Personal Care
7.3.4. Chemical & Fertilizers
7.3.5. Automotive
7.3.6. Electrical & Electronics
7.3.7. Other Consumer Durables
7.4. Y-o-Y Growth Trend Analysis by End Use, 2015 to 2021
7.5. Absolute $ Opportunity Analysis by End Use, 2022 to 2032
8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis by Region, 2015 to 2021
8.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Mt.) Analysis and Forecast by Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis, by Region
9. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
9.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. United States of America
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Tape Type
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Tape Type
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
10.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Tape Type
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Tape Type
10.3.4. By End Use
10.4. Key Takeaways
11. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
11.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. United Kingdom
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Tape Type
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Tape Type
11.3.4. By End Use
11.4. Key Takeaways
12. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
12.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Tape Type
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Tape Type
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
13.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Tape Type
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Tape Type
13.3.4. By End Use
13.4. Key Takeaways
14. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
14.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Tape Type
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Tape Type
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East & Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015 to 2021
15.2. Market Size Value (US$ Million) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022 to 2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of Middle East and Africa
15.2.2. By Material
15.2.3. By Tape Type
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Tape Type
15.3.4. By End Use
15.4. Key Takeaways
16. Country-wise Market Analysis
16.1. United States of America
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Tape Type
16.1.4. By End Use
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Tape Type
16.2.4. By End Use
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Tape Type
16.3.4. By End Use
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Tape Type
16.4.4. By End Use
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Tape Type
16.5.4. By End Use
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Tape Type
16.6.4. By End Use
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Tape Type
16.7.4. By End Use
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Tape Type
16.8.4. By End Use
16.9. United Kingdom
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Tape Type
16.9.4. By End Use
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Tape Type
16.10.4. By End Use
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Tape Type
16.11.4. By End Use
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Tape Type
16.12.4. By End Use
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Tape Type
16.13.4. By End Use
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Tape Type
16.14.4. By End Use
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Tape Type
16.15.4. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Ahlstrom-Munksjö Oyj
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. tesa SE
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Neenah, Paper Inc.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. NITTO DENKO CORPORATION
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Bagla Group
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. DUNMORE Corporation
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. ECHOtape
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Can-Do National Tape
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. MBK Tape Solutions
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. MAS Corporation
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Huangshan Xingwei Reflectorized Material Co., Ltd.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments (Product/Channel/Region)
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Dongguan Hyseal Co., Ltd
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments (Product/Channel/Region)
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Tape Backing Materials Market
