What are the recent trends in market size and growth for the filament tapes market?
The filament tapes market size has grown strongly in recent years. It will grow from $4.95 billion in 2024 to $5.32 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to the growth of the packaging industry, post-war industrialization, the shift to plastic packaging, the rise of e-commerce, and increased use in securing heavy goods.
The filament tapes market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing preference for lightweight packaging materials, rise in packaged goods, growing focus on environmentally-friendly packaging solutions, growing use in healthcare, and increasing industrial activities. Major trends in the forecast period include enhanced adhesive technologies, integration of smart technologies, innovations in manufacturing processes, automation in application, and enhanced online marketing strategies.
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How have varous drivers impacted the growth of the filament tapes market?
The increasing demand for high-performance packaging is expected to propel the growth of the filament tapes market going forward. High-performance packaging refers to solutions designed to provide superior product protection, durability, and functionality. The demand for high-performance packaging is rising due to increasing consumer expectations for product safety and sustainability and stricter regulatory standards across industries. Filament tapes are handy for high-performance packaging due to their strong adhesive properties and reinforced fibers, which provide excellent tensile strength and durability. For instance, in June 2024, according to Dezan Shira & Associates, a China-based multi-disciplinary professional services firm, plastic packaging in Vietnam is expected to grow from 10.07 million tons in 2023 to 15.09 million tons by 2028. Therefore, increasing demand for high-performance packaging is driving the growth of the filament tape market.
What are the primary segments of the filament tapes market?
The filament tapesmarket covered in this report is segmented –
1) By Type: Single Sided Tapes, Double Sided Tapes
2) By Adhesive Type: Rubber Based, Hot Melt Adhesive, Acrylic Based, Other Adhesive Types
3) By Material: Paper, Foam, Fabric, Polyester, Mesh Fiber Glass, Other Materials
4) By Application: Bundling, Strapping, Insulation, Carton Sealing, Sealing, Other Applications
5) By End Use: Shipping And Logistics, Building And Construction, Food And Beverages, Electrical And Electronics, Automotive, Healthcare And Hygiene, Printing, Metalworking, Oil And Gas, Other End Uses
Subsegments:
1) By Single Sided Tapes: Acrylic Adhesive Single Sided Tapes, Rubber Adhesive Single Sided Tapes, Water-Activated Single Sided Tapes, Pressure-Sensitive Single Sided Tapes, Heat-Resistant Single Sided Tapes
2) By Double Sided Tapes: Foam-Based Double Sided Tapes, Acrylic Adhesive Double Sided Tapes, Rubber Adhesive Double Sided Tapes, High-Tack Double Sided Tapes
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Which firms are leading the filament tapes market?
Major companies operating in the filament tapes market are 3M Company, Berry Global Inc., Crown Packaging Corp., Nitto Denko Corporation, H.B. Fuller Company, Tesa Tape Inc., Scapa Group plc, Shurtape Technologies LLC, Viraj Industries Limited, Advance Tapes International, Adhesive Applications Inc., Canadian Technical Tape Ltd., Guangzhou Weasy Adhesive Products Co. Ltd., Justia Inc., Ajit Industries Private Limited, Avon Packaging Limited., Nippon Industries Co. Ltd., Shaktiman Packaging Private Limited, Euro Tapes Private Limited, Paragon Tapes Ltd., PPI Adhesive Products, Cosmos Tapes and Labels Private Limited, Wingtai Tape Inc., AVR Industries Private Limited, Saint-Gobain Performance Plastics Corporation
How will industry trends affect the trajectory of the filament tapes market?
Major companies operating in the filament tapes market are focusing on developing innovative solutions such as biobased and solvent-free adhesives to reduce their environmental impact and meet growing consumer demand for sustainable products. Biobased and solvent-free adhesives are environmentally friendly alternatives made from renewable resources and free of harmful chemicals, offering sustainable bonding solutions with reduced environmental impact. For instance, in June 2023, Lohmann GmbH & Co. KG, a Germany-based manufacturer of adhesive tape systems, launched the DuploCOLL ECO adhesive tape portfolio, featuring biobased and solvent-free adhesives designed to enhance sustainability in adhesive applications. This innovative range includes various types of tapes, such as transfer and double-sided scrim tapes, all produced using Lohmann’s 100% solvent-free TwinMelt technology, which reduces energy consumption and CO2 emissions. With 50% biobased materials and recyclable liner systems, the ECO portfolio supports circular economy initiatives while providing reliable adhesion to diverse substrates, including recycled materials.
Which geographic trends are shaping the filament tapes market, and which region has the highest market share?
North America was the largest region in the filament tapes market in 2024. The regions covered in the filament tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Filament Tapes Market Report 2025 Offer?
The filament tapes market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Filament tapes are strong, pressure-sensitive adhesive tapes reinforced with fiberglass or polyester filaments that run along the length or across the tape, providing enhanced strength and durability. These tapes are commonly used in applications requiring high tensile strength, such as bundling, packaging, and reinforcing.
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