The adhesive tape market continues to expand, and corporate strength gradually increases

Adhesive tape, commonly known as tape, consists of three parts: base material, adhesive, and release paper. It uses cloth, paper, film, etc. as the base material. The adhesive is evenly applied on the base material and processed into a strip-shaped product. In addition to basic functions such as sealing, connection, and protection, adhesive tapes also have composite functions such as waterproofing, insulation, and anti-corrosion. Adhesive tapes are widely used in packaging, logistics, industry, medical and other fields.

There are many types of adhesive tapes and they are classified in many ways. According to different base materials, it can be divided into cloth-based tape, paper-based tape, film-based tape, metal foil tape, foam tape, etc.; according to different adhesives, it can be divided into water-based tape, oil-based tape, solvent-based tape, and hot-melt tape. , natural rubber tape, etc.; according to different functions, it can be divided into high temperature tape, double-sided tape, insulating tape, special tape, etc. Currently, the commonly used adhesive tapes on the market mainly include BOPP packaging tape, label stickers, PVC electrical tape, protective film tape, masking tape, aluminum foil tape, etc.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on the Adhesive Tape Industry 2023-2027” released by the Industrial Research Center, currently , the packaging industry is the largest application field of adhesive tapes. The rapid development of the logistics industry has promoted the continuous expansion of the packaging market. The demand for packaging adhesive tapes has gradually increased, promoting the rapid development of the adhesive tape market. In addition, the functions of adhesive tapes are gradually increasing, and the scope of applications is gradually broadening, which further promotes the continuous expansion of the adhesive tape market. From 2016 to 2022, the global adhesive tape market size increased from US$47.537 billion to US$64.953 billion, and is expected to reach US$75.254 billion in 2025. Among them, Asia accounts for 56% of the global adhesive tape market share and is the largest adhesive tape consumer market.

From our country’s perspective, against the background of the rapid development of the global adhesive tape market, our country’s adhesive tape market has also developed accordingly. In 2022, my country’s adhesive tape sales volume will be 47.349 billion square meters. Among them, BOPP packaging tape has the highest sales volume, accounting for 59.32% of total sales, label sales accounted for 16.73%, and protective film tape sales accounted for 9.46%. As the sales volume of adhesive tapes in my country continues to grow, the sales scale will also increase. In 2022, the sales scale of adhesive tapes in my country will be 57.982 billion yuan, and it is expected to maintain a gradual growth trend.

Industry analysts said that at this stage, there are a large number of adhesive tape companies and the market competition is fierce. The main foreign adhesive tape companies include 3M, Tesa, Henkel, Nitto Denko, Lintec, etc. Because foreign adhesive tape companies started earlier and have strong technical strength, they occupy a leading position in the industry. Among them, 3M basically monopolizes the mid-to-high-end adhesive tape market. At present, my country’s adhesive tape companies are developing rapidly and occupy most of the mid-to-low-end market. However, the concentration is low and the competitiveness of high-end products is weak. As my country’s adhesive tape industry continues to develop, companies continue to increase investment in research and development. A few high-end products have been able to compete with foreign products, and the strength of the company has gradually increased.