The India masking tape market manufactures and supplies pressure-sensitive tape used for masking and protecting surfaces. It is majorly used in the construction and electronics industries for painting, finishing, surface protection, and more. Masking tape finds vast application in masking windows, doors, fixtures, trims, and other surfaces during painting. It protects surfaces from over-spray and spills of paints, stains, varnishes, and other liquid coatings. In the electronics industry, masking tape is used for circuit board manufacturing, wire harnessing, electrical insulation, and various other applications. The rapid growth of the construction and electronics sectors in India is driving massive demand for masking tapes in the country.
The global India masking tape market is estimated to be valued at US$ 248.72 Mn in 2023 and is expected to exhibit a CAGR of 4.59% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The growing demand from the booming construction and electronics industries is a key driver for the India masking tape market. Rapid urbanization and infrastructure development activities in the country have propelled the construction sector. Further, the ‘Make in India’ initiative of the government and rising disposable incomes are fueling growth of the consumer electronics industry. Both these end-use industries extensively utilize masking tapes for various surface protection, masking, and manufacturing applications. Another major driver is the widespread availability and affordable price point of masking tapes in India compared to alternatives. This makes it an ideal and cost-effective solution for masking and protecting surfaces in multiple industries.
The India masking tape market is dominated by the automotive sub-segment which accounts for over 30% of market share. Masking tape is extensively used in automotive manufacturing and painting processes to mask off sections of a vehicle that should not be painted. The adhesive strength and easy removability properties of masking tape make it ideal for automotive applications.
Political: The ‘Make in India’ initiative by the government promotes domestic manufacturing which boosts demand for masking tapes from automotive and construction industries.
Economic: Rising disposable incomes and growth of allied industries such as automotive, construction are fueling the demand for masking tapes in India.
Social: Increasing urbanization and infrastructure development projects augments the consumption of masking tapes in construction activities.
Technological: Advancements in adhesive formulations help manufacturers offer masking tapes that are easily removable without leaving residue.
The India Masking Tape Market Growth is expected to witness high owing to expansion of the automotive and construction industries. The automotive industry remains the major end-user of masking tapes accounting for over 30% share due to extensive usage in auto manufacturing. The global India masking tape market is estimated to be valued at US$ 248.72 Mn in 2023 and is expected to exhibit a CAGR of 4.59%over the forecast period 2023 to 2030.
Maharashtra is the leading regional market for masking tapes owing to concentration of automotive OEMs and tier players in the state. Gujarat and Tamil Nadu are other major markets led by burgeoning construction activities in these regions.
Key players operating in the India masking tape market are EnableX.io (VCLOUDX PTE. LTD), Twilio Inc., Infobip Ltd., Vonage Holdings Corp, M800 Limited, MessageBird BV, Iotum Inc., Plivo Inc., Voxbone SA, Snich AB, Telestax, Voximplant (Zingaya Inc.), Mitel Networks Corporation, 8×8 Inc., AT&T Inc., Voxvalley Technologies, Avaya Inc., Bandwidth Inc. (Bandwidth.com), Wazo Communication Inc., and IntelePeer Cloud Communications
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it