The main objective of the experimental study detailed in this paper is to investigate the performance of fully recyclable, lightweight, low-cost, thermoplastic Polypropylene (PP) composite tapes at low temperatures. Coupons made of [±45] and [0/90] laminates are subjected to tensile and 3-point bending tests at room temperature as well as at −196 °C. In addition to that, cryogenic low velocity impact tests at 268 J and 777 J impact energies are performed on tubular structures. The results are indicating that the laminates made of PP tapes have sufficient ductility for cryogenic applications. Low velocity impact tests showed that the viscoelastic behavior of the material is preserved, even at such low temperatures and more than 72% of impact energy is absorbed by the material.