Market Forecast By Resin Types (Acrylic, Epoxy, Rubber-based, Silicone, Polyurethane, Others), By Technology Types (Water-based, Solvent-based, Hot-melt, Reactive, Others), By Baking Material (Polypropylene (PP), Polyvinyl Chloride (PVC), Paper, Others), By End-users (Automotive, Health Care, Appliances, Others) And Competitive Landscape
Product Code: ETC003922 | Publication Date: Sep 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Adhesive Tapes market currently, in 2023, has witnessed an HHI of 2512, Which has decreased moderately as compared to the HHI of 2616 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Indonesia Adhesive Tapes Market |
Forecast period | 2025-2031 |
CAGR | 6.5% |
Growing Sector | Automotive Sector |
The Indonesia Adhesive Tapes Market report thoroughly covers the market by resin types, technology types, baking materials and end-users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Indonesia Adhesive Tapes Market is expected to experience a steady growth during the forecast period. This growth can be attributed to several factors such as increasing urbanization, growing e-commerce industry, and rising demand for sustainable packaging solutions.
According to 6Wresearch, Indonesia Adhesive Tapes Market size is expected to grow at a CAGR 6.5% during 2025-2031. The rising need for packaging materials is a major factor driving the adhesive tapes market expansion in Indonesia. The need for sustainable and ecologically friendly packaging solutions is rising as customers become more aware of environmental issues. Because they offer secure package sealing and high adherence, adhesive tapes are frequently utilized in packaging. It is anticipated that this tendency would keep propelling the market's expansion going forward. The strong expansion of Indonesia's construction, electronics, and automotive industries is another important factor driving the industry. Adhesive tapes are used extensively in these sectors for a variety of purposes, including bonding, sealing, and insulation. Adhesive tape consumption is predicted to rise sharply in the upcoming years due to these industries' encouraging growth prospects.
Although the future of the adhesive tapes industry in Indonesia is bright, there are certain obstacles that could prevent it from expanding. The price volatility of raw materials used in the production of adhesive tapes is one of the main obstacles. Price fluctuations for raw materials can have a direct effect on manufacturing costs, which in turn can have an effect on the profitability and pricing of products. Furthermore, manufacturers may face difficulties due to strict government requirements regarding the use of specific chemicals and materials in the production of adhesive tapes.
Some of the key players operating in the market include 3M Indonesia, Tesa Tape Asia Pacific, and Nitto Denko Indonesia. These companies are constantly innovating and launching new products to stay ahead of the competition.
The Indonesian government has launched a number of programs to encourage the expansion of this industry. For example, the Indonesian Ministry of Industry has started a number of initiatives to increase home manufacturing and lessen dependency on imported adhesive tapes. In addition, rules have been put in place by the government to guarantee the security and caliber of sticky tapes sold.
significant improvements in adhesive tape technology and the growing need for environmentally friendly packaging options. Additionally, the government's efforts to boost homegrown manufacturing and lessen dependency on imports will support the expansion of the market. The need for adhesive tapes is predicted to climb as the nation's industries grow and develop further, offering profitable prospects for both new and established companies in the industry. To stay ahead of the competition in this ever expanding industry, businesses must innovate and adjust to shifting consumer needs. All things considered, the adhesive tapes market in Indonesia exhibits a lot of promise for long-term, steady growth.
According to Dhaval, Research Manager, 6Wresearch, the segment with the highest growth in demand currently is acrylic adhesive tapes. This can be attributed to its versatile properties and wide range of applications in industries such as packaging, automotive, construction, and electronics. Acrylic adhesive tapes offer strong adhesion, weather resistance, and durability, making them a popular choice for both industrial and consumer use. With the increasing focus on sustainable packaging solutions, the demand for acrylic adhesive tapes is expected to continue growing in Indonesia's market. So far we have talked about only one segment but other segments are also experiencing growth in demand depending on their specific properties and applications.
the technology type segment that is currently experiencing high demand in Indonesia's adhesive tapes market is hot-melt. This can be attributed to its strong bonding properties and versatility in application across various industries. Hot-melt adhesive tapes are also known for their quick drying time and high adhesion strength, making them a popular choice for packaging and industrial use. With the growing demand for efficient and fast-adhering products, the hot-melt technology segment is expected to continue its growth in Indonesia's market.
the segment with the highest demand is polypropylene (PP). This can be attributed to its cost-effectiveness and versatility in applications such as packaging, labeling, and masking. PP adhesive tapes also offer high strength and flexibility, making them a popular choice for various industries. With the increasing focus on sustainable practices and eco-friendly materials, PP adhesive tapes are expected to continue their growth in Indonesia's market. Other segments such as PVC and paper also hold significant shares in the market, catering to specific needs of different industries. The diverse range of backing materials available showcases the growing demand for adhesive tapes across various sectors in Indonesia.
the automotive sector is currently experiencing high demand for adhesive tapes in Indonesia's market. This can be attributed to the growing automotive industry in the country and the need for reliable bonding solutions for various components. Adhesive tapes are widely used in the manufacturing and assembly process of vehicles, from attaching trim pieces to securing wires and cables. With the increasing number of vehicle production in Indonesia, the demand for adhesive tapes in this sector is expected to continue its growth trend. Other end-users such as healthcare, appliances, and food & beverages also play a significant role in driving demand for adhesive tapes in Indonesia's market.
The Indonesia Adhesive Tapes Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Indonesia Adhesive Tapes Market Overview |
3.1. Indonesia Country Macro Economic Indicators |
3.2. Indonesia Adhesive Tapes Market Revenues & Volume, 2021 & 2031F |
3.3. Indonesia Adhesive Tapes Market - Industry Life Cycle |
3.4. Indonesia Adhesive Tapes Market - Porter's Five Forces |
3.5. Indonesia Adhesive Tapes Market Revenues & Volume Share, By Resin Types, 2021 & 2031F |
3.6. Indonesia Adhesive Tapes Market Revenues & Volume Share, By Technology Types, 2021 & 2031F |
3.7. Indonesia Adhesive Tapes Market Revenues & Volume Share, By Baking Material, 2021 & 2031F |
3.8. Indonesia Adhesive Tapes Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4. Indonesia Adhesive Tapes Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Indonesia Adhesive Tapes Market Trends |
6. Indonesia Adhesive Tapes Market, By Types |
6.1. Indonesia Adhesive Tapes Market, By Resin Types |
6.1.1 Overview and Analysis |
6.1.2. Indonesia Adhesive Tapes Market Revenues & Volume, By Resin Types, 2021-2031F |
6.1.3. Indonesia Adhesive Tapes Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4. Indonesia Adhesive Tapes Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5. Indonesia Adhesive Tapes Market Revenues & Volume, By Rubber-based, 2021-2031F |
6.1.6. Indonesia Adhesive Tapes Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.7. Indonesia Adhesive Tapes Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.8. Indonesia Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.2. Indonesia Adhesive Tapes Market, By Technology Types |
6.2.1. Overview and Analysis |
6.2.2. Indonesia Adhesive Tapes Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.3. Indonesia Adhesive Tapes Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4. Indonesia Adhesive Tapes Market Revenues & Volume, By Hot-melt, 2021-2031F |
6.2.5. Indonesia Adhesive Tapes Market Revenues & Volume, By Reactive, 2021-2031F |
6.2.6. Indonesia Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.3. Indonesia Adhesive Tapes Market, By Baking Material |
6.3.1. Overview and Analysis |
6.3.2. Indonesia Adhesive Tapes Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.3.3 Indonesia Adhesive Tapes Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021-2031F |
6.3.4. Indonesia Adhesive Tapes Market Revenues & Volume, By Paper, 2021-2031F |
6.3.5. Indonesia Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.4. Indonesia Adhesive Tapes Market, By End-users |
6.4.1. Overview and Analysis |
6.4.2. Indonesia Adhesive Tapes Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3. Indonesia Adhesive Tapes Market Revenues & Volume, By Health Care, 2021-2031F |
6.4.4. Indonesia Adhesive Tapes Market Revenues & Volume, By Appliances, 2021-2031F |
6.4.5. Indonesia Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
7. Indonesia Adhesive Tapes Market Import-Export Trade Statistics |
7.1. Indonesia Adhesive Tapes Market Export to Major Countries |
7.2. Indonesia Adhesive Tapes Market Imports from Major Countries |
8. Indonesia Adhesive Tapes Market Key Performance Indicators |
9. Indonesia Adhesive Tapes Market - Opportunity Assessment |
9.1. Indonesia Adhesive Tapes Market Opportunity Assessment, By Resin Types, 2021 & 2031F |
9.2. Indonesia Adhesive Tapes Market Opportunity Assessment, By Technology Types, 2021 & 2031F |
9.3. Indonesia Adhesive Tapes Market Opportunity Assessment, By Baking Material, 2021 & 2031F |
9.4. Indonesia Adhesive Tapes Market Opportunity Assessment, By End-users, 2021 & 2031F |
10. Indonesia Adhesive Tapes Market - Competitive Landscape |
10.1. Indonesia Adhesive Tapes Market Revenue Share, By Companies, 2024 |
10.2. Indonesia Adhesive Tapes Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |