United States End-of-line Packaging Tape Market Size By Product(parcel tapes, light duty packaging tapes), By Application(pharmaceutical, food and beverage, automotive) And Forecast

United States End-of-line Packaging Tape Market Size And Forecast

United States End-of-line Packaging Tape Market size was valued at USD 1,724.18 Million in 2020 and is projected to reach USD 2,462.73 Million by 2028, growing at a CAGR of 4.75% from 2021 to 2028.

The U.S end of line packing is a major sector of growth in the industry owing to growing development and industrialization. Growing demand for various product in different end use industries is propelling the demand of market. The United States End-of-line Packaging Tape Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is End-of-line Packaging Tape?

End-of-line Packaging tape is a type of tape that is used for general sealing, enclosing, wrapping, and bundling in order to prepare items for handling, storage, or shipping. End of line packaging tape is a packaging tape and film which is widely used to seal boxes, bottles, and other isolating storage units. Implementing an automated taping system into packaging operation leads to the growth of the end of line packaging tapes market. Also, it eradicates the possibility of over taping as well as messy finishes by creating a professional looking package for the end user. Therefore, growing automation in packaging systems stimulates the market for end of line packaging tapes.

End of line packaging tapes market is likely to grow during the forecast period owing to the growth in the end of line packaging market. This packaging system eliminates manual tasks like packing, palletizing as well as it decreases the danger of product damage and removes human mistakes, all these factors have encouraged the acceptance of end-of-line packaging in industrial sectors. On account of all these benefits, the market for end of line packaging is growing which further leads to the growth of the end of line packaging tapes market. Moreover, rising application of automated taping in various end use industries such as pharmaceutical, food & beverages, automotive, chemical, and electronics are likely to boost the end of line market growth. Upsurge in the food and beverage industry is anticipated to offer profitable development opening to the market of end-of-line packaging market over the forecast period. Likewise, the rising food packaging sector creates demand for the automated packaging which further leads to the growth of the end of line packaging tapes market. Volatility in raw material prices as well as the enormous initial investment in the automated end-of-line packaging solution as it is one of the costliest operating costs of the company is anticipated to hamper the market development of the end-of-line solution which can hamper the end of line packaging tapes market over the forecast period.

United States End-of-line Packaging Tape Market Overview

The U.S end of line packing is a major sector of growth in the industry owing to growing development and industrialization. Growing demand for various product in different end use industries is propelling the demand of market.

The growing advancement in technology has led to introduction of these type of machine which will involve less human intervention. This is decreasing chances of error and destruction of package while transporting it. The US End-of-Line Packaging Tapes Market is being driven by the increased adoption of this type of packaging system to reduce packaging costs and improve packaging systems in their units across a variety of end-use industries. Moreover, throughout the anticipated period, the growing implementation of automated end-of-line packaging in the industrial sector, as well as rising need for automated manufacturing processes, will drive market growth. Furthermore, the growing popularity of bottled beverages will fuel market expansion. The US End-of-Line Packaging Tapes Market study offers a comprehensive analysis of the industry. End-of-line packing tape is a set of gear and equipment used to finish the shipping package with tape before shipments or final conveyance of the products. This type of technology assists in meeting end-user requests while also ensuring that the procedures involved run smoothly.

United States End-of-line Packaging Tape MarketSegmentation Analysis

The United States End-of-line Packaging Tape Market is segmented on the basis of Product And Application.

United States End-of-line Packaging Tape Market by Product

• Parcel Tapes
• Light Duty Packaging Tapes
• Filament Tapes
• Others

To Get Summarized Market Report By Product-

Under product type sub- segment which are included are parcel tapes, light duty packaging tapes, filament tapes and others. In U.S end of line packaging light duty packaging tapes is accounting for major share of market.

United States End-of-line Packaging Tape Market by Application

• Pharmaceutical
• Food and Beverage
• Automotive
• Chemical
• Electronics
• Others

To Get Summarized Market Report By Application-

While on the basis of application it is segmented into pharmaceutical, food and beverage, automotive, chemical, electronics and others. Food and beverage are capturing major chunk of market due packaging of various ready to eat product which are transported from one place to another. The growing food and beverage industry with increasing population is another reason for the accounting major market share. Owing to growth in industrial sector with at a faster pace which is because of growing human population which is demanding for more sustainable products leading to more spending on research and development resulting utilization of food over a large scale.

The different types of material used in food and beverage packaging are usually rigid plastic, which are flexible to avoid spillage. Beer packaging, carbonated soft drinks (CSD) packaging, energy drinks packaging, ready-to-drink ice tea packaging, and alcoholic drink packaging are among the most common uses of these packaging materials in the beverage sector. It is common to find that a single product requires multiple types of packaging. There has been an increase in demand for ready-to-eat items, especially microwave dinners for those who are short on time. The global beverage packaging industry is being driven by rising demand for tea, bottled water, and carbonated soft drinks (CSD). Shrink wrapping, shrink sleeve wrapping, modified environment packaging, sealed tray food packaging, fin seal/ flow wrap packaging, vertical form fill & seal (VFFS) bagging, folding carton packaging, and corrugated case & tray packaging are some of the technologies used to package food and drinks. All the above-mentioned packaging utilize large amounts of tapes and precise packaging for better transportation and hassle free delivery.

Key Players

The major players in the market are; 3M, Can-Do National Tape, Pro Tapes & Specialties Inc., Dongguan Hyseal Co., Ltd, U.S. Packaging & Wrapping LLC, Tesa Tape, Inc., Berry Global Inc., SWM International, and Avery Dennison Corporation.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players in US.

Key Developments

• Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSESWM) acquired Scapa Group Plc which is UK-based innovation, design, and manufacturing solutions provider for healthcare and industrial markets.

Report Scope

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