Kraft Sealing Tape Market

Market Overview:
The Kraft Sealing Tape Market is likely to experience a strong boost in growth, with the market valued at $4.1 billion in 2023 and is likely to reach $6.11 billion by 2032, growing at an annual growth rate of 4.3% during the forecast. In developing countries, the paper adhesive tapes cost drives the decision to adopt. These tapes also offer excellent and inexpensive solutions for many sealing and packaging requirements within the budget constraints that exist in these areas.

Besides cost advantages, duct tape has also come in favor because of its environmental and practical advantages. The world keeps on growing in developing countries, and inexpensive solutions that work are in rising demand. That trend was showing that there is a rising need for the rubber paper tapes in those markets where they generally are accepted as good substitute to others or cheaper alternatives.

However, in the new markets and sectors such as electronics, liquid-activated tapes are gaining momentum due to their superior adhesion properties. These straps add a high level of security to the package essential for safe transportation of the electronic devices. The growth in the global manufacturing industry is increasing its demand for strong and reliable contact solutions, especially in the automotive and industrial sectors. Hence, markets for electrical sealing tapes, particularly high-strength tapes, are increasingly driven by considerations of cost and the need for sealing solutions.

In 2023, the Kraft Sealing Tape Market was valued at US $ 4.1 Billion, and is projected to hit size of $ 6.11 Billion by 2032 CAGR estimated growth is 4.3% 

Market growth factors:

Sustainability: Paper Gummed Tape, the Greener Alternative

With growing environmental concerns across the world, interest in sustainable packaging solutions is also on the rise. One of the most discussed and demanded ecologically sound alternatives for traditional plastic tapes is the paper gummed tape. The paper gummed tapes are not like most of the plastic tapes that add up to the pile of non-biodegradable wastes. These tapes are manufactured from renewable materials and are totally biodegradable, breaking down easily in their surroundings without any kind of toxic residue. This fact bodes well for reducing impacts on the environment. Companies are likely to reduce their plastic footprint by about a large fraction by choosing paper gummed tape, significantly offering toward larger sustainability goals but being more appealing to the environmentally conscious consumer.

Moreover, fewer harmful chemicals are used in making the paper gummed tape compared to the manufacture of plastic tapes, thus adding to its green benefits. Along with enhancing capability in raising businesses and consumers' abilities to understand the ecological ramifications, the pendulum swing to paper gummed tape reflects a larger trend toward responsible consumption and production. The change is not only a boon to the environment but also helps shore up regulatory pressures that will no doubt harden in the interests of sustainability. Because of this, paper gummed tape becomes one of the sustainable alternatives for those who wish to take their efforts of sustainability one step further ahead without losing the functional benefits that a product possesses.

Market Trends:

Focus on Bio-based Adhesives:

Development in the case of bio-based adhesives has been basically driven by the increasing emphasis on sustainability within the packaging industry, for example, with products such as kraft sealing tape. Bio-based adhesives are derived from renewable natural resources, either starch or vegetable gums and other renewable plant materials, therefore offering an eco-friendlier alternative to traditional adhesives that are petroleum-based. Such adhesives not only reduce the dependence on fossil fuels but also reduce the ecological footprint of productions and disposals. Demand for packaging solutions inclusive of bio-based adhesives is likely to rise as companies and consumers become more environmentally sensitive.

When incorporated into the Kraft sealing tape, bio-based adhesives would give a larger dimension of sustainability to the tape since it is more biodegradable and less harmful than the conventional plastic tapes. The shift is part of a broader trend in regulations tending to reduce plastic waste and urge the use of renewable materials. Besides, improved technology for bio-based adhesives focuses on enhancing performance characteristics—like adhesion strength and durability—so that such tapes come up to exacting standards expected from tapes that are non-renewable. With the increasing innovations in the industry, the adoption of bio-based adhesives may emerge as one of the important drivers of growth in sustainable packaging solutions.

Opportunities in the Kraft Sealing Tape Market:

Growing Demand for Green Packaging

The interest in sustainability is one that drives the development of the packaging industry. Environmental concerns go up the chain of priorities. A heightened interest from consumers and businesses alike in eco-friendly solutions to lessen their impact has clearly shown itself through a trend towards greener materials. Kraft sealing tape is from a sustainable source since it is recyclable and biodegradable, placing it in a very advantageous position to truly benefit from this trend. It creates an avenue where, with increasing pressure on traditional packaging materials like plastics due to environmental concerns, the Kraft sealing tape should be a ready substitute.

With rising consumer expectations and increasing regulatory pressure for greener packaging, Kraft sealing tape is going to be pretty hard to beat. Compared to its synthetic alternatives, it uses less energy in the production process and is made from a renewable, natural product that fits well into the growing reduction of waste and enhancement of recyclability activities. Moreover, evolving technology behind the tape, including the addition of bio-based adhesives, gives an additional boost to the sustainability profile of this product. This in itself aligns with environmental objectives, provides brands with an eco-credential boost, and places Kraft sealing tape at the forefront of the developing landscape of sustainable packaging solutions.

Market Restraints in the Kraft Sealing Tape Market:

Cost Barrier:

The cost barrier is the greatest challenge to the acceptance of Kraft sealing tape over traditional plastic tapes. While Kraft tape is recyclable and biodegradable, the perceived additional cost of the tape will help to estrange some businesses seeking to make the changeover. This commonly happens in sectors where budget constraints are very tight and cost efficiency is the core of success. In particular, specialty tapes, especially those made of Kraft paper, may be pricey due to the increased cost of the raw materials that make them sustainable. Narrow margin businesses could be scared off by the upfront investment involved in applying the Kraft tape over other plastic tapes that are cost-effective.

However, long-term returns more than counterbalance this apparent disadvantage of using Kraft sealing tape. Such environmental benefits as decreased waste and a reduced carbon footprint can thus help accomplish some of a business's sustainability goals and improve brand reputation. In addition, the strength and durability of the Kraft tape, especially when water-activated, will avoid damage during shipment or handling, and this could offset the higher up-front cost. Although this may be a hurdle for a business to overcome at first, it can, over time, prove that the total cost of ownership does become more feasible with Kraft tape when all of the environmental impacts and operational impressions are included.

Regional Analysis of the Kraft Sealing Tape Market

• North America: The Kraft sealing tapes market in North America is still strong, impelled by the demand from the United States and Canada. Influenced by high-quality packaging and sustainability, a growing trend is seen toward water-activated and green paper gummed tapes.

• Europe: In this region, especially in Western Europe, countries such as Germany and the UK portray a high demand for paper gummed and water-activated tapes due to regulatory requirements and standards of quality. Eastern Europe is growing into adoption, driven by the cost-effectiveness and expanding manufacturing activities.

• Asia-Pacific: Change in the usage of Kraft sealing tapes in the Asia-Pacific region is rapid due to the rapidly growing demands of China, India, and Japan. Easy affordability and growth in manufacturing and e-commerce industries are major factors driving demand for paper gummed and water-activated tapes.

• Latin America: The region witnesses modest growth, driven by increasing adoption of paper gummed tapes in Brazil and Mexico, owing to their cost-effective nature. Economic fluctuations combined with differing degrees of industrialization affect market growth.
• Middle East and Africa: Growing industrial activities and trade in the Middle Eastern and African regions have also raised the demand for Kraft tapes. The Middle East favors both kinds of tapes for a host of applications, while Africa is still developing its market and focuses on cost-effective solutions like paper gummed tapes.

Key players:

• Better Packages (USA)
• Intertape Polymer Group (Canada)
• Twincom Incorporated (USA)
• Shurtape Technologies, LLC (USA)
• Fipago (Brazil)
• Poh Kin Batam (Indonesia)
• Ibergum, S.A. (Spain)
• Fujian Jialong Adhesive Tape Co., Ltd. (China)
• JoStick Adhesive Pvt. Ltd. (India)
• Brindavan Udyog (India)
• Alvi Packaging (Pakistan)
• Ztec Resources Sdn Bhd (Malaysia)
• Stick Tapes Pvt (India)
• Packshop (India)
• Foshan Opalus Adhesive Products Co., Ltd (China)
• Jiangmen Baoguan Adhesive Material Co., Ltd (China)
• Shenzhen AN BI CHANG Packaging Material Co., Ltd (China)

Recent Development:

• Better Packages has innovated further in the Kraft Sealing Tape market and was recently acquired by Intertape Polymer Group. In 2023, IPG used the expertise of Better Packages in water-activated tape dispensers to grow its product lines, generally entering into e-commerce. This move is in line with increasing demand for secure and tamper-evident packaging.

• Intertape Polymer Group rolled out its latest reinforced Kraft paper tapes for heavy-duty packaging applications at the beginning of 2024 as part of its new product line. This was in line with IPG's ongoing efforts to capture demand for more sustainable and rugged packaging solutions along the online marketplace and logistic chain.

• In 2023 and beyond into 2024, Shurtape continued its focus on sustainability by broadening its line of environmentally-friendly Kraft sealing tapes. This included the new biodegradable and recyclable tape products that have been introduced to demonstrate the shift in the industry to a more sustainable choice in packaging. This keeps Shurtape in stride with increasing market demand for environmentally responsible products.

• 2023: Fipago strives to optimize product offerings in the Kraft Sealing Tape market, taping up increased adhesive strength designed for heavy-duty shipping and logistics. This move will help them sustain competitiveness in a market centered on high performance and specialized packaging solutions.

Market Segmentation for Kraft Paper Tape

1. By Product Type

• Gummed Kraft Sealing Tape
  • Water-Activated
  • Pressure-Sensitive
• Non-Gummed Kraft Sealing Tape
• Reinforced Kraft Sealing Tape
  • Fiberglass Reinforced
  • Filament Reinforced

2. By Adhesive Type

• Natural Rubber Adhesive
• Acrylic Adhesive
• Hot Melt Adhesive
• Others

3. By Application

• Packaging
  • Corrugated Box Sealing
  • Carton Sealing
• Industrial Uses
  • Bundling
  • Reinforcing
• Masking
• Art & Craft

4. By End-Use Industry

• Food & Beverage Industry
• Logistics & Transportation
• E-commerce
• Manufacturing
• Retail
• Healthcare
• Others

5. By Distribution Channel

• Direct Sales
• Distributors & Wholesalers
• Online Retail
• Offline Retail

6. By Region

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa