This Kraft Paper Tapes 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 Kraft Paper Tapes market.
Kraft Paper Tapes Market: Overview
Kraft paper tapes are used as packaging tape as well as surface protection tapes in many applications such as carton sealing, picture framing, painting, etc. It is the best sealing medium for lightweight packaging. The kraft paper tapes market is growing consistently as it does not consist of any harmful solvent during manufacturing. Furthermore, kraft paper tapes are resistant to abrasion, water, solvents, and oil. It is witnessed that the demand for pressure-sensitive and moisture resistant kraft paper tape in the past three years. The markets for kraft papers and kraft paper tape are dynamic. Many new players are entering the market as its demand for logistics and exports is increasing, and it is cost-effective for manufacturing. The rubber adhesive based kraft paper tapes offer excellent adhesion, which helps to minimize carton boxes sealing failures and prevent pilferage. Owing to strong adhesive bonding, kraft paper tapes market is expected to increase exponentially during the next decade
Kraft Paper Tapes Market: Dynamics
Packaging time efficiency and lightweight packaging material drive the global market of kraft paper tapes. These tapes are easy to stick on cartons without curling and provides excellent holding power. This saves the packaging time of the end-use industries. Additionally, the kraft paper tapes are manufactured from eco-friendly material, which is easy to recycle. The requirement of high cross-directional strength for tamper-free transportation of goods is the fueling factor for the growth of the kraft paper tapes market. These tapes are available in a varying range of widths, which provides a good surface for branding and promotional activities. These tapes performance well in cold storage. Hence, it is witnessed that the demand for kraft paper tape sealing is increasing for storing food products at cryogenic temperatures. The kraft paper tapes market is flourishing on the backdrop of electric and electronics industries. With the increasing trading rate of consumer electronics and electrical devices, the opportunities for kraft paper tapes market players are also increasing. In a few applications, kraft paper tapes are used for “Shingling,” i.e., tape on tape packaging.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The kraft paper tapes are mainly used on paper surfaces only, which might impact negatively on its market growth. Also, stretching ability of these tapes is less compared to alternate solutions
Kraft Paper Tapes Market: Regional Overview
The kraft paper tapes are useful in sealing of wide range of applications. To enhance the production rate, end-use industries have an increasing preference for kraft paper tapes. The kraft paper tapes market is expected to increase with a moderate growth rate in North America. The United States is dominating the regional kraft paper tapes market. On the other side, the Canada market is anticipated to expand in the next five years. Vast urbanization and purchasing power of consumers are expected to increase kraft paper tapes market in Brazil and Mexico leading to surplus opportunities for kraft paper tapes market. Owing to low-cost packaging, the acceptance of kraft paper tapes is increasing in the Middle East and Africa countries. As the kraft paper tapes are manufactured from eco-friendly material, its demand is increasing in Italy, France, and Nordic countries. The emerging markets of the Asia Pacific, such as India, China, and Indonesia, also propelling increasing prospects for kraft paper tapes market owing to tamper-free and all-weather sustainability of kraft paper tape. Sluggish growth of the kraft paper market is a witness in Australia and New Zealand during the forecast period.
Kraft Paper Tapes Market: Key Players
The key players of Kraft Paper Tapes market are as follows
- Shurtape Technologies, Llc
- Nitto Denko Corporation
- Berry Global Group Inc.
- Intertape Polymer Group Inc.
- Can-Do National Tape
- PPM Industries SpA
- Pro Tapes &Specialities Inc.
- ADH Tape
- tesa SE Group Atlas Tapes S.A
Above listed manufacturers are the dominating key players of kraft paper tapes market. Apart from this many start-ups, small and medium scale industries are participating in kraft paper tape manufacturing in order to significant revenue generation.
The kraft paper tapes Market 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, macroeconomic 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.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2014 - 2018
- Market Size & Forecast 2019 to 2029
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Market Drivers and Restraints
Regional analysis includes -
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia
- Middle East & Africa (MEA)
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Kraft Paper Tapes Market: Segment
The Kraft Paper Tapes market is segmented on the basis of product type, adhesive coating side, adhesive, and end use industry. The detailed segmentation is as follows:
On the basis of product type,
- Specialty Tapes
- Packaging Tapes
- Paper Reinforced Tapes
On the basis of adhesive coating side,
- Single Coated Tapes
- Double Coated Tapes
On the basis of adhesive,
- Rubber Based Adhesive
- Acrylic Adhesive
- Silicone Adhesive
On the basis of end use industry,
- Electrical and Electronics
- Food Industries
- Cosmetic and Personal Care Industries
- Architecture and Construction Industries
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth segmentation of the market
- Historical, current, and projected size of the market, regarding volume and value
- Recent industry trends and developments
- Competitive landscape in the market
- Strategies for key players operating in the market and products offered by them
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on performance of the market
- Must-have information for market players to sustain and enhance their market footprint.
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What will you discover from Kraft Paper Tapes Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Kraft Paper Tapes Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Kraft Paper Tapes Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Kraft Paper Tapes Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)