Global Pressure Sensitive Tapes Strategic Research Report 2024: Market to Reach $105.8 Billion by 2030 - Rapid Penetration of Advanced Smartphones and Wearable Devices Drive Demand

Dublin, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The "Pressure Sensitive Tapes - Global Strategic Business Report" report has been added to's offering.

Global Pressure Sensitive Tapes Market to Reach $105.8 Billion by 2030

The global market for Pressure Sensitive Tapes estimated at US$73.3 Billion in the year 2022, is projected to reach a revised size of US$105.8 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Packaging Tapes, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$50.7 Billion by the end of the analysis period. Growth in the Specialty Tapes segment is estimated at 5.4% CAGR for the next 8-year period.

The report provides influencer market insights, analyzing the perspectives and opinions of key figures shaping the pressure-sensitive tapes (PSA) market. It delves into the trajectories of the world market, considering factors such as the impact of COVID-19 and the potential implications of a looming global recession.

With a focus on pressure-sensitive tapes, which are known for their versatile and performance-driven adhesive properties, the report explores recent market activity and offers a global market outlook. It highlights the improvement in the global economy, which is expected to support near-term growth momentum, and emphasizes the role of developing countries in driving both current and future market growth.

The U.S. Market is Estimated at $15.4 Billion, While China is Forecast to Grow at 6.7% CAGR

The Pressure Sensitive Tapes market in the U.S. is estimated at US$15.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.3 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$16.2 Billion by the year 2030.

Furthermore, the competitive landscape of the pressure-sensitive tapes market is analyzed, providing insights into the market share of key competitors in 2022 and categorizing their market presence as strong, active, niche, or trivial.

Key Attributes:

Report AttributeDetails
No. of Pages306
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$62.6 Billion
Forecasted Market Value (USD) by 2030$83.5 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal


  • Rapid Penetration of Advanced Smartphones and Wearable Devices Drive Demand for Robust, Flexible, and Superior PSA Tape Solutions
  • Wearable Devices Rely on Innovative Double-Sided Tapes for Ruggedness
  • Advanced Mounting Tape Solutions Enable Smartphones with Flexible Displays
  • Sophisticated Single-Sided Tapes Pave Way for Wireless Charging
  • Industrial Pressure-Sensitive Tapes Featuring High Resistance to Temperature to Witness Surge in Demand
  • Advanced Technologies and Wide Ranging Applications Drive Demand for Specialty Tapes
  • Growing Demand from the Packaging Industry Benefit Market Growth for Box/Carton Sealing Tapes
  • Flexible Packaging Remains Promising Application Area for PSA Tapes
  • Sustainable Packaging: The Latest Buzz Word Driving Demand for Recyclable, Biodegradable PSA Tapes
  • Myriad Applications in Vehicle Production Boosts Demand for Masking Tapes in the Automotive Sector
  • Growing Prominence of PSA Tapes in Surgical and Medical Device Bonding Drive Demand in Medical Applications
  • Critical Need to Select Appropriate Skin-Interfacing Adhesives Boost Demand for Wearable Adhesives
  • Wearable Medical Devices: A Lucrative End-use Market for Medical PSAs
  • Increasing White Goods and Electronic Components Manufacture Spurs Demand in the Electronics Sector
  • Need to Meet CTQ (Critical-to-Quality) Requirements of Various Applications Spur Demand for Foam Tapes
  • Focus on Energy-Efficient Buildings Offers Opportunities for Masking Tapes in the Construction Sector
  • Recovery in Construction Activity Worldwide Offer Bright Prospects for PSA Tapes
  • Aircraft Manufacture: A Critical End-Use Sector for Pressure Sensitive Tapes
  • Growing Focus on Solar Energy Drives Photovoltaic Tapes Demand
  • Advanced Pressure Sensitive Adhesives Make Solar Panels Thinner
  • Custom Printed Tapes: A Lucrative Segment
  • Pressure Sensitive Adhesives: Providing the Essential Adhesion Properties in Pressure Sensitive Tapes
  • Growing Need for Efficient Bonding Solutions Drives Demand for Acrylic PSA Tapes
  • Pressure Sensitive Labels: The Next Most Important Application Area for Pressure Sensitive Adhesives
  • Solvent-Free Adhesives to Witness Strong Growth
  • Future of Solvent Based Adhesives Uncertain
  • Myriad Applications in Various Industries Drives Perennial Demand for Pressure Sensitive Tapes
  • Exceptional Bonding Properties
  • Easy Processing
  • Demanding Automotive Applications
  • Insulation & HVAC Applications
  • Consumer Electronics Applications
  • Market Fortunes Intrinsically Tied to the Performance of the Overall Adhesives Industry
  • Product Innovation and Demand for Flexible Packaging Bolster Pressure Sensitive Adhesives Market

FOCUS ON SELECT PLAYERS (Total 214 Featured)

  • 3M Company (USA)
  • Adhesives Research, Inc. (USA)
  • Adhesive Applications Inc. (USA)
  • Advanced Flexible Composites, Inc. (USA)
  • Ahlstrom-Munksjo (Sweden)
  • American Biltrite, Inc. (USA)
  • Ashland Global Holdings, Inc. (USA)
  • Avery Dennison Corporation (USA)
  • Beardow & Adams (Adhesives) Limited (UK)
  • Berry Global, Inc. (USA)
  • Adchem Corporation (USA)
  • Boston Tapes (Chargeurs) (Italy)
  • Coroplast Fritz Muller GmbH & Co. KG (Germany)
  • DeWAL Industries Inc. (USA)
  • Dow Corning Corporation (USA)
  • Dow Packaging and Specialty Plastics (USA)
  • Edge Adhesives, Inc. (USA)
  • Essentra Specialty Tapes, Inc. (USA)
  • Franklin International, Inc. (USA)
  • H.B. Fuller Company (USA)
  • Henkel AG & Co. KGaA (Germany)
  • Illinois Tool Works, Inc. (USA)
  • Stokvis Tapes BV (Netherlands)
  • Intertape Polymer Group Inc. (Canada)
  • Powerband (India)
  • Godson Tapes Pvt. Limited (India)
  • Jowat SE (Germany)
  • Kruckemeyer GmbH (Germany)
  • LINTEC Corporation (Japan)
  • Luxking Group Holdings Limited (China)
  • NADCO Tapes & Labels, Inc. (USA)
  • Nitto Denko Corporation (Japan)
  • Nitto Denko America, Inc. (USA)
  • RPM International Inc. (USA)
  • Saint-Gobain Performance Plastics Corporation (USA)
  • Scapa Group, Plc. (UK)
  • Sekisui Chemicals Co. Ltd. (Japan)
  • Shurtape Technologies, LLC (USA)
  • tesa SE (Germany)
  • tesa Tape, Inc. (USA)
  • Yem Chio Co. Ltd. (Taiwan)
  • Zhejiang Yonghe Adhesive Products Co., Ltd. (China)

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Global Market for Pressure Sensitive Tapes

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