July 06, 2022 10:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.

Valley Cottage, New York, UNITED STATES

NEWARK, Del, July 06, 2022 (GLOBE NEWSWIRE) -- According to Future Market Insights (FMI), sales in the shipping tapes market are expected to surge at a CAGR of 4.3% in the forecast period from 2022 to 2032. The global shipping tapes market is set to reach US$ 18.1 Bn in 2022 and be valued at US$ 27.6 Bn in 2032. 

In any business, if the frequency of shipping packages is more, it is important to avoid accidents by using the best shipping tape. Shipping tapes are ideal for mailing and shipping packages that may experience multiple rough handling or touch points.  

Every business, consumer, manufacturer, retailer, or distributor may have different preferences and needs when it comes to tapes. There are various types of shipping tapes available with different adhesives and materials. Shipping tapes can be easily customized as per the customer’s requirements. Also, customizable printing on shipping tapes will help to build brand recognition across the globe.  

Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15113

Increasing demand for third-party logistics providers (3PL) with modern technologies to ensure seamless execution in the supply chain is set to aid growth. Companies are demanding for a novel packaging solution that would bring down their cost and help manage their supply chain efficiently. Throughout the supply chain, shipping tapes help in keeping the packaged goods intact and safe, which would further boost sales in the market.   

Availability of innovative shipping tapes with barcode labels will help to keep track of packages. It is also a fast and reliable option for businesses to collect data and reduce human errors.  

It will be helpful in shipping & transportation, product identification, and inventory tracking & management applications. Shipping tapes with barcode labels have proven to be less expensive and can lower the unnecessary cost of a company, which would push growth in the market. 

 “Owing to rising consumer preference and stringent environmental regulations, demand for eco-friendly and biodegradable shipping tapes has increased. Also, manufacturers are focusing on launching sustainable shipping tapes which is expected to bolster the global shipping tapes market,” comments a FMI analyst. 

Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15113

Security Driven Packaging Trends in Pharmaceutical and Food Industries to Drive the Shipping Tapes Market 

Counterfeiting and low shelf life of products are two major concerns of end users, especially during long distance transits. To ensure safe deliveries, it is essential to adopt secure packaging solutions. Fluctuation in temperature and harsh environmental conditions can contaminate the product. Thus, the need to seal containers is important, which is further encouraging manufacturers to use shipping tapes for sealing their packages.  

Pharmaceutical shipments require secure tertiary packaging to ensure that the products arrive undamaged. Many lives are dependent on the packaging that protects drugs during their shipment.  

Security in packaging is critical for the pharmaceutical sector. If the shipment does not go as planned, it can harm the patient’s health as pharma products must arrive within the required storage conditions and at the right time. Shipping tapes help in safeguarding the outer packaging and maintaining the integrity of the package, which would drive the market. 

Key Takeaways: Shipping Tapes Market 

Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-15113

Adoption of Omni Channel Model by Retailers to Augment the Shipping Tapes Market  Retailing has become more popular with the increasing internet usage worldwide. Online shopping enable people to get their ordered products right at their doorstep.  

The retail sector is growing astonishingly as various companies are expanding their stores and opening advanced facilities in untapped areas. The majority of the unorganized retail outlets are gradually merging with big retail supermarkets, hypermarkets, and similar other retail chains.  

Many retailers are set to operate on the omni channel model and aim to fit in both online and offline channels. Increasing purchasing power of consumers and rising investment opportunities in the retail sector are driving the demand for shipping tapes. 

Competitive Landscape: Global Shipping Tapes Market  Some of the leading companies present in the global shipping tapes market include 3M Company, Intertape Polymer Group Inc., Shurtape Technologies LLC, tesa SE Group, Nitto Denko Corp, Berry Global Group Inc., Scapa Group plc., Bolex (Shenzhen) Adhesive Products Co. Ltd., Vibac Group S.p.a., Ultratape Industries Inc., Shanghai Yongguan Adhesive Productions Corp.,Ltd., Pro Tapes & Specialties, Inc., Maxfel S.R.l, NEUBRONNER GmbH & Co.KG, Loytape Industries SDN.BHD., Papertec, Inc., Windmill Tapes & Labels Ltd., Holland Manufacturing Co. Inc., Avery Dennison Corporation, and American Biltrite Inc. 

Shipping Tapes Market Outlook by Category

Buy Now@ https://www.futuremarketinsights.com/checkout/15113

More Valuable Insights on the Global Shipping Tapes Market   Future Market Insights, in its new report, offers an unbiased analysis of the global market for shipping tapes by adhesive type (natural rubber, acrylic, and others (hot melt, water-activated tape, etc.)), by backing material (paper, plastic, and others (metal foil, glass fiber, etc.)), and by end use (food & beverages, pharmaceuticals, building & construction, e-commerce, cosmetic & personal care, shipping & logistics, electric & electronics, and others (textile, chemicals, etc.)) across seven regions. 

Table of Content 1. Executive Summary

4. Global Shipping Tapes Market Analysis 2015–2021 and Forecast 2022–2032

    4.1. Historical Market Size Value (US$ Bn) & Volume (Sq. m.) Analysis, 2015-2021

    4.2. Current and Future Market Size Value (US$ Bn) & Volume (Sq. m.) Analysis and Forecast, 2022-2032

Get Discount on the Report @ https://www.futuremarketinsights.com/request-discount/rep-gb-15113

Have a Look at Packaging Related Research Reports:

Hydrocolloid Tapes Market : Hydrocolloid tapes are medical grade tapes which are used in surgical or wound care applications. 

UV Tapes Market : UV tapes are a type of pressure-sensitive tapes with high adhesion strength, which reduces drastically on exposure to UV light.

Filament Tapes Market : The global filament tapes market is estimated at USD 4.9 billion in 2022 and is projected to reach USD 6.6 billion by 2026.

Corrosion Protection Tapes Market : The global corrosion protection tapes market is likely to join the bandwagon of exponential growth between 2022 and 2031 at a CAGR of 4.4%.

Crown Closures Market : The market is projected to evolve at a sluggish CAGR of 2.4% to reach a market worth of US$ 1.2 Bn by the end of 2027.

Glass Growlers Market : The global glass growlers market is expected to be valued at US$ 9.4 Billion in 2032 and US$ 6.2 Billion in 2022.

Straw Market : The global straw market stands at a net worth of US$ 18.1 Bn in 2022, and is predicted to rise at a CAGR of 5.9% 

Paper Pallet Market : The global paper pallets market is currently valued at around US$ 633 million, and is anticipated to progress at a CAGR of 5.6%

UV Stabilized Films Market : Expanding at a CAGR of 5.1% from 2022 to 2029, the global UV stabilized films market is set to rise from a valuation of US$ 32.7 Bn in 2022

Technical Films Market : The technical films market is estimated at US$ ~36.6 Bn in 2022 and is projected to reach US$ ~47.4 Bn by 2027

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 Report: https://www.futuremarketinsights.com/reports/shipping-tapes-market For Sales Enquiries: sales@futuremarketinsights.com    Browse Other Reports: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs