The self-adhesive tear tapes market is estimated at US$ 211.7 Million in 2022 and is projected to reach US$ 292.3 Million by 2029, at a CAGR of 4.7% from 2022 to 2029.

The self-adhesive tear tapes market generated US$ 202.2 Mn in revenue in 2021, according to FMI. By the end of 2029, the global market for self-adhesive tear tapes is anticipated to rise by 1.4 times the current market value. Self-adhesive rip tapes made of Polypropylene (PP) will continue to gain popularity, with the top 5 suppliers controlling 25–35% of the market by 2021.

In 2021, the market for self-adhesive rip tapes witnessed vertical expansion, with earnings increasing by 4.5% annually. According to FMI’s analysis, the market for self-adhesive tear tapes will expand favourably between 2022 and 2029, with a steady profit margin of US$ 90.1 million throughout that time.

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Tier-1 Players to Hold Prominent Market Share in the Global Market

Europe region is anticipated to witness a significant chunk of the total market share owing to the presence of well-established market players operating in the such as Essentra Plc, Tann Germany GmbH, and tesa SE, among others. However, the presence of many local and unorganized market players in the Asian countries such as China and ASEAN countries are emerging and are expected to contribute significantly in the global self-adhesive tear tapes market.

Food Industry to Fillip the Demand for Self-adhesive Tear Tapes

The global market for self-adhesive tear tapes has been segmented based on the width of self-adhesive tear tapes, material, various end-use industries, and regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East Africa.

• By width, the self-adhesive tear tapes market has been segmented into: Up to 2.5 mm, 2.6 mm to 5.0 mm, and above 5.0 mm. 2.6 mm to 5.0 mm is estimated to hold prominent market value share in the global self-adhesive tear tapes market due to standardized application in the tobacco packaging industry.
• On the basis of material, polypropylene is the preferred material in manufacturing self-adhesive tear tapes, with MOPP sub-segment expected to account for ~ 2/5 of the total market share by polypropylene segment during the forecast period.
• Based on end use, the global self-adhesive tear tapes market has been segmented as: food, tobacco, pharmaceutical, personal care cosmetics, electrical electronics, and other industries including agriculture. The food beverages end-use segment is projected to expand at an above average value CAGR during the forecast period.

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Self-adhesive Tear Tapes Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as market leaders in the global self-adhesive tear tapes market. The key players in the global self-adhesive tear tapes market are

• DS Smith Plc.,
• Bagla Group,
• H.B. Fuller Company,
• 3M Company,
• tesa SE,
• Wavelock Advanced Technology Co., Ltd,
• Marotech Inc.,
• Tann Germany GmbH,
• Essentra Plc.,
• NADCO Tapes Labels, Inc.,
• Uyumplast Ambalaj San.tic.ltd.Şti,
• NOWOFOL Kunststoffprodukte GmbH Co. KG,
• AEC Group, and
• Western Paper Industries (Pvt) Ltd.

Self-Adhesive Tear Tapes Market By Category

By Width :

• Up to 2.5 mm
• 2.6 mm to 5.0 mm
• Above 5.0 mm

By Material Type :

• Polypropylene (PP)
• Biaxially Oriented Polypropylene (BOPP)
• Cast Polypropylene (CPP)
• Mono Oriented Polypropylene (MOPP)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Others

By End Use :

• Food
• Tobacco
• Pharmaceuticals
• Personal Care Cosmetics
• Electrical Electronics
• Others (Agriculture, Logistics, etc.)