Adhesive Tapes Market size was valued at USD 80.64 billion in 2024 and is set to reach USD 240.74 billion by the end of 2037, registering around 8.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of adhesive tapes is assessed at USD 86.32 billion. The growth of the adhesive tapes market can be attributed to the increasing demand of adhesive tapes from various industries. Adhesive tapes are used in a wide range of industries, including automotive, electronics, healthcare, packaging, construction, and others. Additionally, the packaging industry is expanding rapidly. For instance, amidst the e-commerce boom, the Indian packaging industry is experiencing rapid growth and is one of the fastest growing sectors. According to the Indian Institute of Packaging (IIP), packaging consumption in India has increased by 200% over the last decade, from 4.3 kg per person per year (pppa) to 8.6 kg pppa.
In addition to this, the growth of the e-commerce industry has led to an increase in the demand for adhesive tapes for packaging and shipping purposes. Global e-commerce sales are projected to reach USD 6 trillion by the year 2024, up from USD 3.53 trillion in the year 2019. Mobile e-commerce sales are growing at a faster rate than desktop sales. In the year 2020, mobile e-commerce sales accounted for nearly 45% of total e-commerce sales worldwide, up from 40% in the year 2018. First coined by Kevin Duffey at the inception of the Global Mobile Commerce Forum in 1997, the term mobile commerce means "bringing electronic commerce capabilities directly into the hands of consumers, wherever they are, via wireless technology." These are the factors that are predicted to present the potential for adhesive tapes market expansion over the projected period.
Author Credits: Rajrani Baghel
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