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Firefighter Tape Market

Market Insights on Firefighter Tape covering sales outlook, demand forecast & up-to-date key trends

Firefighter Tape Market by Material Type, Thickness, Roll Length, Reflecting Technology & Region - Forecast 2022 - 2032

Firefighter Tape Market Snapshot

The global firefighter tape market size is expected to reach US$ 4.8 Billion in 2022. Increasing number of fire breakout incidents across the globe is set to boost the firefighter tape market in future years. As per FMI, sales of firefighter tapes are anticipated to be valued at US$ 7.2 Billion in 2032 and exhibit growth at a CAGR of 2.9% in the forecast period from 2022 to 2032.

Report Attribute

Details

Firefighter Tape Market Estimated Base Year Value (2021)

US$ 3.1 Billion

Firefighter Tape Market Expected Market Value (2022)

US$ 4.8 Billion

Firefighter Tape Market Anticipated Forecast Value (2032)

US$ 7.2 Billion

Firefighter Tape Market Projected Growth Rate (2022-2032)

2.9% CAGR

Firefighter tapes are a type of barricade tapes that are utilized to isolate a specific area after or during a fire breakout. These help in keeping people away from the area at high risk of fire, such as damaged structures, smoke inhalation, and air-borne particulate matter.

Demand for firefighter tapes is set to surge at a considerable pace in the near future backed by their ability to provide a certain degree of reflection, such as 60 degrees. These also have pre-printed warning texts written in bold and a bright background.

The availability of various types of firefighter tapes as per the requirements of officials is another vital factor that is expected to drive the market. The glossy surface of these tapes help in exhibiting the warning texts from a longer distance, thereby bringing people to safety.

The rising usage of firefighter tapes at crime scenes and construction sites is also anticipated to foster the market. In addition to that, organizations, such as the American National Standards Institute (ANSI) and the Occupational Safety and Health Administration (OSHA) are implementing strict norms to mandate the usage of particular colors and materials on firefighter tapes.

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How is the Construction Sector Boosting the Firefighter Tape Market Growth

The ongoing expansion of the building and construction industry is expected to propel the firefighter tape market growth in the upcoming years. The rising awareness among organizations regarding employee safety is another significant factor that is projected to aid growth.

The high demand for fire safety equipment and tools, including firefighter tapes in a wide range of industries, such as oil & gas exploration, utilities, mining, petrochemical, automotive, energy & power, and manufacturing is likely to bode well for the global market. Besides, the deployment of safety codes against fire protection and reconstruction activities worldwide are set to augment growth.

How Did the COVID-19 Pandemic Affect the Firefighter Tape Market Growth

The sudden outbreak of the COVID-19 pandemic back in December 2019 had declined sales of firefighter tapes in both developed and emerging economies till 2020. This is attributable to the halt of industrial and commercial construction activities because of stringent lockdown norms. However, the global market is gradually set to get back to normalcy with the resumption of new construction activities worldwide.

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Are Strict Fire Safety Regulations Pushing the North America Firefighter Tape Market

The rapid development of the industrial and commercial construction sectors in the U.S. and Canada is likely to spur the North America firefighter tape market share in the forthcoming years. The implementation of stringent fire safety regulations is another crucial factor that is anticipated to drive the regional market.

In the U.S., for instance, a model code named the Fire Code was enforced by fire prevention officers operating in municipal fire departments. The code was also adopted by state and local jurisdictions. Increasing concerns associated with fire safety and security and the early adoption of latest technologies are estimated to accelerate the North America market.

Why Are Manufacturers Entering the Asia Pacific Firefighter Tape Market

The robust presence of some of the renowned fire safety equipment manufacturing companies in developing countries, such as India and China is estimated to propel the demand for firefighter tapes in Asia Pacific. The region is anticipated to witness the entry of several small-scale companies in future owing to the easy availability of low-cost raw materials and labor.

Moreover, the ongoing development of numerous smart city projects and the increasing number of commercial construction activities in this region are projected to drive the market. Rising consumer spending on construction activities and surging awareness about fire equipment are some of the other factors that would boost growth.

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Market Competition

Some of the key players operating in the global firefighter tape market include Lares International, 3M Company, Johnson Level & Tool Mfg. Co., Inc., ORAFOL Europe GmbH, Harris Industries, Inc., Arlon Graphics, LLC, Advance Tapes International Ltd., Nitto Denko Corporation, Godson Tapes Pvt. Limited, and Brady Corporation among others.

Leading companies present in the global market are increasingly focusing on innovating their existing products to cater to the ever-increasing demand from customers. They are thus investing huge sums in research and development activities to create novel products and distribute them in the global market. A few other key players are planning to undertake various measures to gain benefits from numerous opportunities in untapped areas.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 2.9% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Material Type
  • Thickness
  • Roll Length
  • Reflecting Technology
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Lares International
  • 3M Company
  • Johnson Level & Tool Mfg. Co., Inc.
  • ORAFOL Europe GmbH
  • Harris Industries, Inc.
  • Arlon Graphics, LLC
  • Advance Tapes International Ltd.
  • Nitto Denko Corporation
  • Godson Tapes Pvt. Limited
  • Brady Corporation

Customization

Available Upon Request

Key Segments Profiled in the Firefighter Tape Industry Survey

By Material Type:

  • Polyvinyl
  • Polypropylene
  • Low density polyethylene
  • Nylon
  • Others

By Thickness:

  • Below 100 Microns
  • 100-150 Microns
  • Above 150 Microns

By Roll Length:

  • Below 50 m
  • 50-100 m
  • Above 100 m

By Reflecting Technology:

  • Prismatic
  • Glass Bead Reflection

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

The global firefighter tape market is anticipated to surpass US$ 7.2 Billion in 2032.

North America is set to lead the firefighter tape market in the forecast period.

Lares International, 3M Company, Johnson Level & Tool Mfg. Co., Inc., ORAFOL Europe GmbH, and Harris Industries, Inc. are some of the renowned companies in the firefighter tape market.

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Ismail Sutaria
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