This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Gaffers Tape Market

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

Gaffers Tape Market by Product Type, Geography, Material, End Use & Region - Forecast 2022 - 2032

Gaffers Tape Market Outlook (2022-2032)

The gaffers tape market size is projected to be valued at US$ 1.73 Bn in 2022 and is expected to surpass US$ 3.73 Bn by 2032. The sales of gaffers tape are likely to grow at a steady CAGR of 8% during the forecast period.

Report Attribute

Details

Gaffers Tape Market Value (2022)

US$ 1.73 Bn

Gaffers Tape Market Forecast Value (2032)

US$ 3.73 Bn

Gaffers Tape Market CAGR (2022-2032)

8%

The gaffers tape industry places a premium on efficiency and dependability. The market players are experimenting with different technologies to ensure great performance, strong adhesive and cohesive strength, and resilience to extreme conditions.

Several megatrends have contributed to the global gaffers tape industry's robust expansion during the past few decades. Two of them, sustainability and digital (especially e-commerce), are expected to present formidable obstacles for established companies to overcome while offering unprecedented potential for radical reinvention.

Multiple factors have contributed to the accelerated rate of change in the present day, including the widespread adoption of e-commerce, the tightening of waste regulations around the world, and the growing awareness of the importance of sustainability among consumers.

Next-generation industry winners need to update and future-proof their business models and market tactics to survive this exceptional change faced by CEOs. Transformative shifts will test the mettle of many gaffer tape players. However, businesses that adapt to these shifts successfully will have enough prospects for expansion.

Strengthening one's ability to bounce back from adversity is the first step. Companies that are resilient share a set of commonalities that help them recover quickly and thrive again. Consider double the reallocation of resources already in place to priority areas of growth as one such strategy for maximizing growth.

In addition, novel approaches to doing business and expanding abilities are essential to the success of any organization. Other crucial elements include rebuilding the portfolio via acquisitions and reorganizing costs while in a strong financial position.

The current era of disruption, transformative change in markets, and rising volatility calls for these six priority movements from industry leaders to build resilience, capture growth, and navigate transformational change.

Customize this Report

Let us know your requirement to get
100% FREE customization

Gaffers Tape Market Overview

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

One of the significant factors contributing towards the growth of the gaffers Tape market is the rampant growth of industrial tape industry. Moreover, the growing consumption of Gaffers Tape from automotive and construction segment is expected to rise the demand of gaffers Tape over the forecast period.

Furthermore, Gaffers Tape is suitable for all types of packaging material owing to its properties such as better adhesive holding power, improved moisture resistance, better conformability and instant adhesion. Characteristics such as compatibility with various sterilization forms and non-toxic nature displayed by Gaffers Tape is further estimated to enhance the demand of Gaffers Tape market over the forecast period.

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.

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

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.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

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 covers exhaust Analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends /Issues/Challenges
  • Competition & Companies involved
  • Technology

Regional Analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Packaging Insights

View Reports

Recommendations

Packaging

Tabletop Tape Dispensers Market

Published : December 2020

Packaging

Fine Line Striping Tape Market

Published : October 2019

Packaging

Single-Coated Medical Tape Market

Published : November 2018

Google translate