Global Paper Tapes Market, By Product (Masking Tape, Packaging Tape, Consumer and Stationary Tape, Others), Adhesive(Rubber-based Adhesive, Acrylic-based Adhesive, Silicon-based Adhesive),Feature(Single-sided, Double-sided), Application(Masking, Packaging, General Use, Tabbing and Splicing), End User (Building and Construction, Automotive, Retail and Logistics, Aerospace and Defense, Healthcare, Electronic and Electrical, General Industries), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Paper Tapes Market
Paper tapes market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.20% in the above-mentioned forecast period.
Paper tape is a sequential data storage medium employed in early communications and computing systems. It is slow, has a small capacity, and operates sequentially. The data is stored as punched holes pattern on the paper tape, with data represented by the absence or presence of holes at specific locations.
The factors such as the surging application for stationary purposes and efficient merchandise stacking further induce the demand for the market in the forecast period of 2022 to 2029. In addition to this, accumulating trend approaching online purchasing and mounting environmental solicitudes regarding utilizing plastics simultaneously with acceleration in the enactment of sustainable packaging begets are projected to boost the market value. Furthermore, the application of paper tapes for packaging and masking records for comparatively more eminent commerce while expanding reinforcement in labelling, decking, and framing are estimated to accelerate the market's overall growth in the above-mentioned forecast period. On the other hand, the unpredictable costs of the raw supplies utilized for making paper tapes restrict the market's growth.
Furthermore, the factors such as innovation and product development by the market players generate profitable opportunities for the growth of the market in the forecast period of 2022 to 2029. On the flip side, the slowing down of supply chain due to restrictions caused by COVID-19 is also projected to negatively affect the market and thus are projected to generate various challenges for the market’s growth rate.
This paper tapes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on paper tapes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Paper Tapes Market Scope and Market Size
Paper tapes market is segmented on the basis of product, adhesive, feature, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the paper tapes marketis segmented into masking tape, packaging tape, consumer and stationary tape, others.
- On the basis of adhesive, the paper tapes market is segmented into rubber-based adhesive, acrylic-based adhesive, and silicon-based adhesive.
- On the basis of feature, the paper tapes market is segmented into single-sided, and double-sided.
- On the basis of application, the paper tapes market is segmented into masking, packaging, general use, and tabbing and splicing.
The end user segment of paper tapes market includes building and construction, automotive, retail and logistics, aerospace and defense, healthcare, electronic and electrical, and general industries.
Paper Tapes Market Country Level Analysis
The paper tapes market is analyzed and market size insights and trends are provided by product, adhesive, feature, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the paper tapes market and will continue to flourish its trend of dominance during the forecast period due to the rapid urbanization and growing research and services for eco-friendly materials for the environment suitability, and these factors will help the market to grow in the region in the forecast period of 2022 to 2029. North America, on the other hand is projected to show lucrative growth due to the expanding need for paper tapes in the healthcare business and the increasing adoption of these tapes across different end-users across the region, which will boost the growth of the market.
The country section of the paper tapes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paper Tapes Market Share Analysis
The paper tapes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to paper tapes market.
Some of the major players operating in the paper tapes market report are 3M, PPM Industries SpA, PIONEER CORPORATION, Szxinst, Ajit Industries Pvt. Ltd., 3M, Nitto Denko Corporation, tesa Tapes, AVERY DENNISON CORPORATION, Scapa, Lohmann GmbH & Co. Kg, Mactac, LLC, JTAPE LTD., Decofix Papers & Tapes, Henkel Adhesives Technologies India Private Limited, Intertape Polymer Group, LINTEC Corporation, Shurtape Technologies, LLC, Tape India and VITS TECHNOLOGY GMBH, among others.