PUBLISHER: The Business Research Company | PRODUCT CODE: 1608790
PUBLISHER: The Business Research Company | PRODUCT CODE: 1608790
Paper masking tapes are pressure-sensitive adhesive tapes made from thin, easily tearable paper, commonly used for painting and surface protection. They ensure clean, sharp edges when applied, preventing paint bleed. These tapes are heat-resistant and can be removed easily without leaving residue, making them ideal for temporary masking tasks.
The primary types in the paper masking tape market include crepe masking tape, washi masking tape, flatback paper masking tape, and kraft paper masking tape. Crepe masking tape is crafted from crinkled paper and is recognized for its flexibility and ability to conform to uneven surfaces, making it suitable for painting, masking, and labeling applications. The various types of adhesives used include rubber-based, acrylic-based, silicone-based, and hot melt adhesives, with applications spanning painting, plating, abrasive blasting, high-temperature tasks, thermal spraying, and general use. Distribution channels include professional distribution, aftermarket sales, and do-it-yourself (DIY) outlets, catering to end-users in automotive, building and construction, aerospace, general industries, and more.
The paper masking tapes market research report is one of a series of new reports from The Business Research Company that provides paper masking tapes market statistics, including paper masking tapes industry global market size, regional shares, competitors with a paper masking tapes market share, detailed paper masking tapes market segments, market trends, and opportunities, and any further data you may need to thrive in the paper masking tapes industry. This paper masking tapes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The paper masking tapes market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $2.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to the rising demand for automotive refinishing, the growing popularity of home renovation projects, expansion in the construction industry, increased use of eco-friendly materials, and growth in the furniture manufacturing sector.
The paper masking tapes market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth during the forecast period can be attributed to the rising demand for eco-friendly packaging solutions, increased construction activities, expansion in the automotive industry, greater adoption of green manufacturing practices, and growth in the consumer electronics market. Key trends during this period include the integration of advanced adhesive technologies, the implementation of automated production processes, advancements in packaging design, incorporation of smart technologies, and the adoption of digital marketing strategies.
The anticipated growth in the packaging industry is expected to drive the expansion of the paper masking tapes market in the future. The packaging industry encompasses the development and use of materials and containers designed to protect, preserve, and facilitate the transportation of goods. Factors contributing to the growth of the packaging industry include rising consumer demand, technological innovations, and an increase in e-commerce activities. Within this sector, paper masking tapes are employed for sealing, bundling, and labeling packages, providing a sustainable and eco-friendly solution due to their recyclable materials and easy removability. For example, in November 2023, the International Trade Administration, a U.S.-based government agency, reported that the packaging industry experienced a 25% increase, growing from USD 710 million in 2021 to USD 906 million in 2022. Consequently, the expansion of the packaging industry is propelling the paper masking tapes market.
Leading companies in the paper masking tape sector are innovating by developing plasma spray masking tapes that can endure extreme temperatures and harsh conditions, thereby ensuring enhanced surface protection during plasma spraying processes. Plasma spray masking tape is specifically designed to withstand high temperatures while protecting surfaces during plasma spray applications. For instance, in February 2024, Rogers Corporation, a U.S.-based engineered materials firm, introduced DeWAL Plasma X spray masking tape, which is tailored for high-temperature applications, especially in plasma spray processes. This tape features a paper backing coated with a robust silicone adhesive, making it suitable for environments that require grit blasting and thermal spraying. Its design allows for clean removal without leaving any residue, thereby enhancing usability in demanding situations where precision and cleanliness are crucial.
In June 2022, Clearlake Capital, a U.S.-based private equity firm, acquired Intertape Polymer Group Inc. for an undisclosed amount. This acquisition aims to bolster Intertape Polymer Group's (IPG) position as a leader in protective packaging by enhancing e-commerce capabilities, investing in sustainable solutions, and improving operational efficiency. Intertape Polymer Group Inc. is a U.S.-based manufacturer of packaging and protective products, including tapes, films, and paper masking tapes for various industries.
Major companies operating in the paper masking tapes market are 3M Company, Nitto Denko Corporation, RS Group plc, Tesa SE, Essentra plc, Bagla Group, Shurtape Technologies LLC, Vibac Group S.p.A., Nichiban Co. Ltd., American Biltrite Inc., Crown Packaging International Inc., PPM Industries S.p.A, Sicad S.p.A., Advance Tapes International Ltd., Plymouth Rubber Europa S.A., Pro Tapes & Specialties Inc., FABO S.p.A., Cintas Adhesivas Ubis S.A., Can-Do National Tape Inc., Stamar Packaging Inc., Ahlstrom Corporation, NADCO Tapes & Labels Inc., PPI Adhesive Products Limited, Folsen Tapes, Primetac Corporation
Asia-Pacific was the largest region in the paper masking tapes market in 2023. The regions covered in the paper masking tapes marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the paper masking tapes marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The paper masking tapes market consists of sales of colored masking tape, low-tack masking tape, waterproof masking tape, painter's masking tape, and double-sided masking tape. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Paper Masking Tapes Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on paper masking tapes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for paper masking tapes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The paper masking tapes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.