This Gaffers Tape market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Gaffers Tape market.
Global packaging industry has witnessed a number of technological advancement from last couple of decades. As packaging is unexecuted without the use of tape, the increasing demand for packaging from industrial sector in turn is creating huge opportunity for industrial tape market. The introduction of gaffers tape over duct tape has provided the manufacturer a wide range of packaging advancement. Gaffer’s tape which is also known as camera tape or spike tape is regarded as heavy cotton cloth pressure sensitive tape that delivers high adhesive properties. Through gaffers tape, now the manufacturers can use the tape on any kind of packaging material without the need for a solvent (such as water) or heat for activation. Gaffer tape is widely used in theatre, photography, film –television production and industrial staging works.
Gaffers Tape Market - Market Dynamics:
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Ease of entrance in the market has resulted in increasing competition in the global tape market. This has encouraged the vendors to introduce new and advance form of gaffers Tape, for instance double sided gaffers tape with high performance. Today most of the gaffers tape companies are focusing on highly efficient eco-friendly recovery technology for adhesive coating and is expected to be the next growth opportunity for pressure sensitive manufacturers over the forecast period.
However, the gaffers tape market is highly fragmented market due to presence of numerous regional and local players. These manufacturers offers innovative packaging solution related to tape at a lower price than multinational players, resulting in intense price wars. It is expected that large multinational players will acquire the small regional and local players over the forecast period.
Gaffers Tape Market- Market Segmentation:
Global Gaffers Tape market is segmented on the basis of product, backing material, and application. On the basis of product, gaffers tape market can be segmented into cartoon sealing tape, masking tape, double sided tape, electrical tape and others. On the basis of backing material, gaffers tape market can be segmented into polypropylene, paper, PVC and others. On the basis of application, gaffers tape market can be segmented into packaging, building & construction, electrical & electronics, automotive, health & hygiene and others
Gaffers Tape Market - Regional Outlook:
Geographically, the global gaffers tape market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global gaffers tape market is expected to witness a significant CAGR over the forecast period of 2017-2027. Moreover, APAC dominates the global gaffers tape market and the trend is expected follow the same over the forecast period due to growing construction industry in the wake of population growth, government plan for infrastructure development and urbanization. Apart from this, the ample availability of raw material such as PVC, polypropylene etc. in China is projected to fuel the demand for gaffers tape market in APAC region. North America is expected to follow APAC in gaffers tape market over the forecast period.
Gaffers Tape Market - Major Players:
Some of the major players identified across the globe in the Gaffers Tape market are Henkel AG & Co., KGaA, 3M Company, The Dow Chemical Company, Avery Dennison, Ashland Inc. and H.B Fuller.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, material type and end-use.
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The Report covers exhaust Analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends /Issues/Challenges
- Competition & Companies involved
Regional Analysis includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint