Flexible Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Packing Tape
Overview
Market size
$18.5B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$23.4B
What changed
Demand by region
Asia Pacific demand35%
North America demand28%
Europe demand25%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Polypropylene and BOPP Film Resins40%
Adhesive Chemicals and Resins25%
Manufacturing Energy and Utilities15%
Logistics and Core Packaging15%
Direct Labor5%
share of delivered cost (analyst estimate)