Gummed Tapes Market

2019 Analysis and Review of Gummed Tapes Market by Application - Box & Carton Sealing, Splicing, and Others for 2019 - 2029

  • 2020-01-22
  • REP-GB-2821
  • 39 Tables
  • 66 Figures
  • 166 pages
  • PDF PPT EXCEL
 Gummed Tape Market
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Gummed Tapes Market Size to Grow 1.8x by 2029

‘Lightweight’ and ‘durable’ packaging has been the top agenda in the packaging industry, globally. As various sectors – food & beverages and e-Commerce – are in the constant quest to achieve efficiency in terms of time, energy, and cost, manufacturers are indulging in consistent R&D activities to comply with the ever-changing demand. On account of these evolving trends, the worldwide adoption of gummed tapes is expected to surge during 2024-2027. Currently representing a billion-dollar market, the global gummed tapes market value will nearly double by the end of 2029.

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Frequently Asked Questions about Global Gummed Tapes Market

What is the current and future market status of gummed tapes?

The global gummed tapes market is projected to witness significant growth in the foreseeable future, owing to their numerous applications in key end-use industries, and is expected to expand 1.8X its current market value by the end of 2029.

Why are gummed tapes gaining traction?

Gummed tapes are manufactured from natural adhesives such as paper and potato starch, which increases adhesive bonding when activated by water. The backing material used for making gummed tapes - reinforced fiber - offers tear-resistance, which makes them tamper-proof. Additionally, gummed tapes are sustainable for cold and hot environmental conditions.

Which end-use industries hold potential growth opportunities for manufacturers?

The demand for gummed tapes is consistently increasing from shipping and logistics industries, as these tapes offer high adhesive strength for corrugated box packaging and damage-free transportation of products. As per FMI analysis, shipping and logistics industries account for a majority of the market share in 2019, and are expected to maintain their dominance by the end of 2029. Building & construction, electrical & electronics, and automotive industries are also expected to offer substantial prospects for players in the gummed tapes market. 

What are the factors driving the growth of the gummed tapes market?

Rising demand for corrugated packaging in the logistics and shipping sector is boosting the sales of gummed tapes across different regions. As water-activated gummed tapes form mono-material and ensure tamper-evident packaging, their use for the sealing of corrugated boxes is expected to rapidly increase during the forecast period. Furthermore, rapid industrialization and cross-border trade boost the sales of global gummed tapes. Demand for eco-friendly and recyclable packaging solutions is another factor propelling growth of the gummed tapes market.

What is the degree of competition in the gummed tapes market?

The global gummed tapes market is dynamic in nature. 3M Company, Intertape Polymer Group Inc., and Shurtape Technologies, LLC are some of the leading manufacturers operating in the global gummed tapes market. Along with these players, Can-Do National Tape, Loytape Industries SDN.BHD., Neubronner GmbH & Co., and Ibergum, S.A. collectively hold 1/4 of the total revenue share.

Which region is estimated to lead in terms of consumption of gummed tapes in the global market?

In terms of sales and market growth rate, East and South Asia are the fastest growing regions in the global gummed tapes market. The gummed tapes market in East Asia is projected to register an impressive CAGR during the forecast period of 2019-2029.

Fiber-reinforced Tapes Capture over 90% Market Share

Influenced by their excellent tear and abrasion resistance as well as better shelf life, fiber-reinforced tapes continue to define stakeholders’ bottom lines. As fiber-reinforced tapes account for over 90% share of market revenue, manufacturers are heavily focused on the backing material. By 2020, the sales of fiber-based packaging tapes will cross the US$ 1 Bn mark. However, they are likely to lose a slight share to paper gummed tapes due to manufacturing complexities as well as raw material expensiveness.

Opportunities Revolving Around Asian Markets

In the present scenario, North America and Europe are the epicenter of the global gummed tapes market growth. These developed regions reflect worthwhile sales opportunities, owing to the presence of industry giants and leading technology pioneers. However, rapid emergence of verticals such as e-Commerce and electronics & electrical, in Asian countries – China, and India – is influencing manufacturers to realign their tactics. Cheaper availability of raw materials, strong presence of local vendors, and increasing cross-border trades are further boosting the market attractiveness in these developing economies.

* This data is only a representation. Actual data may vary and will be available in report.

Opportunities Revolving Around Asian Markets
Opportunities Revolving Around Asian Markets
Opportunities Revolving Around Asian Markets
Opportunities Revolving Around Asian Markets
  • 2014
  • 2018
  • 2022
  • 2029
  • Arrow

Presence of Alternative Materials – A Potential Threat to Market Growth

Amidst the growing demand for packaging solutions that are environmentally sustainable, the global gummed tapes market – while flourishing – is facing the challenge of presence of alternative materials such as BOPP packaging tapes and heat-activated tapes. Paper gummed tapes are considered ideal for lightweight packaging, yet, can be replaced by relatively inexpensive pressure-sensitive tapes. However, as these alternatives lag behind in terms of mechanical properties, the overall gummed tapes market is poised to witness healthy growth in the coming years.

Fiber-reinforced tape remains sought-after

Demand for paper gummed tape to accelerate

 

Brown gummed tapes hold over 80% share

White gummed tapes to see increasing sales

 

Surging adoption in box & carton sealing

Application in splicing to grow rapidly

 

Shipping & logistics hold leading revenue share

Demand from general industries rising

 

How Growth will Unfold

Manufacturers of gummed tapes would continue to reap maximum returns from the shipping & logistics industry throughout the period of projection. Accounting for nearly one-fifth of global adoption, the prominence of gummed tapes in this end-use category is fueled by rising demand for tamper-evident packaging formats during transportation. While the use of gummed tapes in the general industries and food & beverage sector are also attracting huge investments from manufacturers, their application is likely to gain a boost in the metalworking industry.

Gummed Tapes Market Share by End Use, 2019 (E)

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Gummed Tapes Market Analysis 2019-2029

A recent market report published by Future Market Insights on the gummed tapes market provides global industry analysis for 2014-2018 and forecasts for 2019-2029. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the gummed tapes market, the growth prospects of the market are obtained with maximum precision.

Gummed Tape Market Taxonomy

The global gummed tapes market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Backing Material

  • Paper Gummed Tape
  • Fiber-reinforced Tape

Product Type

  • White Gummed Tapes
  • Brown Gummed Tapes 

Adhesive Type

  • Starch Adhesives
  • Other Adhesives

Application

  • Box & Carton Sealing
  • Splicing
  • Others

End Use 

  • Shipping & Logistics
  • Building & Construction
  • Food & Beverages
  • Electrical & Electronics
  • Automotive
  • Healthcare & Hygiene
  • Metalworking
  • Oil & Gas
  • General Industries
  • Consumer Goods

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

What's Included

The report begins with the executive summary of the gummed tapes market, which includes a summary of the key findings and statistics of the market. It also includes dominant segments in the global gummed tapes market, along-with key facts about gummed tapes. It further highlights key recommendations in addition to opportunity analysis. The graphical representation of the segments helps readers to obtain clear analysis of the market size and growth rate.

Readers can find product definition and detailed segmentation of the gummed tapes market in this chapter, which will help them to understand basic information about the gummed tapes available in the market. This section also defines the scope of the gummed tapes market report.

This chapter includes recent developments in the global gummed tapes market. It provides information about recent activities and strategies used by key players. Market trends are defined on the basis of product innovation, technology advancement, mergers & acquisitions, and expansion strategies of manufacturers of gummed tapes.

This section provides global outlook of packaging industries. Additionally, it gives information about the global flexible packaging industry outlook.

This chapter explains the global market volume analysis from a sales perspective. Furthermore, it highlights forecast analysis for the gummed tapes market during 2019-2029 and year-on-year trend analysis.

This section highlights the average pricing analysis of backing materials used for manufacturing gummed tapes in different regions across the globe. The weighted average pricing at the manufacturer-level is analyzed in this section.

This section explains the global market value analysis and forecast for the gummed tapes market between the forecast period of 2019-2029. Readers can also find the absolute $ opportunity for the current year (2019 – 2020), and an incremental $ opportunity for the forecast period (2019 – 2029).

This chapter explains the key macroeconomic factors that are expected to influence growth of the gummed tapes market over the forecast period, along with forecast factors and its impact at global level. Furthermore, this chapter highlights the key market dynamics of the gummed tapes market, which includes drivers and restraints. The value chain analysis provided in the section helps readers to understand the flow of manufacturing of gummed tapes.

In this chapter, the readers can obtain gummed tapes market analysis on the basis of backing materials such as paper gummed tape, and fiber-reinforced tape. This chapter includes market share analysis and market attractiveness analysis of gummed tapes market by backing material.

Based on product type, the gummed tapes market is segmented into white gummed tapes, and brown gummed tapes. In this chapter, readers can find information about BPS analysis and year-on-year growth trend analysis during the forecast period.

This chapter provides details about the gummed tapes market on the basis of starch adhesives and other adhesives. The graphical representation includes market share analysis and market attractiveness analysis for global gummed tapes market

The gummed tapes market is further analyzed on the basis of application such as box & carton sealing, splicing, and many others. The readers can find value share analysis and incremental opportunity analysis for the forecast period 2019-2029

This section highlights, value and volume analysis on the basis of various end use industries. This includes consumption of gummed tapes in shipping & logistics, building & construction, food & beverages, electrical & electronics, automotive, healthcare & hygiene, metalworking, oil & gas, general industries, and consumer goods.

In this section, readers will find market share analysis and y-o-y trend in seven regions. This includes North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.

This chapter includes a detailed analysis of growth of the North American gummed tapes market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find key points on the basis of estimated market size and consumption of gummed tapes in this chapter.

Readers can find detailed analysis about considered segments and regional trends, which are impacting the growth of the Latin America gummed tapes market. This chapter also includes the growth prospects of the gummed tapes market in leading countries in Latin America such as Brazil, Mexico, Argentina, and the Rest of Latin America.

Important growth prospects of the gummed tapes market in several countries such as Germany, Italy, France, the U.K., Spain, BENELUX, Russia, Poland, Nordic countries, and the Rest of Europe are included in this chapter.

India, Indonesia, Thailand, and Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia gummed tapes market included in this chapter. Readers can find detailed information about the growth parameters of the South Asia gummed tapes market during the forecast period of 2019-2029.

This chapter highlights the growth of the gummed tapes market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the gummed tapes market in the East Asian region.

In this chapter, Australia and New Zealand are the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania gummed tapes market.

This chapter provides information about how the gummed tapes market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, Northern Africa, and the Rest of MEA during the forecast period of 2019 - 2029.

This chapter offers a detailed study of emerging countries, including India and Mexico. The historic and forecast demand and sales analysis as per the considered taxonomy for these countries is provided in this chapter.

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the gummed tapes market, along with their market presence analysis by region and product portfolio.

In this chapter, readers will find a comprehensive list of leading manufacturers in the gummed tapes market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. 3M Company, Holland Manufacturing Co. Inc., Intertape Polymer Group Inc., Shurtape Technologies LLC, Loytape Industries SDN.BHD., and Papertec, Inc., are some of the key players operating in the global gummed tapes market.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the gummed tapes market report.

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the gummed tapes market.

How the research was conducted?

Primary Research

Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information: 

  • Key Segments in the Gummed Tapes Market
  • Market Share Analysis
  • Average Selling Price (US$) and Market Growth
  • Key Regulations in Packaging Industry
  • Market Size 
  • Key Trends & Developments
  • Competition & Key Vendor Strategies

Secondary Research

  • Industry Journals
  • Annual Reports/SEC Filings/Investor Presentations

Primary Interview Splits

Primary Interview Splits gummed tape market splits

To Learn More About our Comprehensive Perspective on Gummed Tape Market,

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Akshay Godge

Akshay Godge

Client Partner - Global Business Development

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