Paper Tape Sales to Exceed US$ 6 Bn by 2020
Durability and convenience continue to underpin paper tape sales, especially within the building & construction and automotive industries. In next two years, the global paper tapes market is set to surpass the mark of US$ 6 Bn, which would further witness healthy expansion over the projection period (2019 - 2029). As the flexible packaging industry accelerates its shift towards sustainable material alternatives, paper tapes are most likely to gain prominence over the following years.
Frequently Asked Questions About paper tapes market
What factors are driving the demand for gummed paper tapes?
An increasing inclination towards online shopping and growing environmental concerns about using plastics along with a rise in the adoption of sustainable packaging has spurred the demand for gummed paper tapes.
Which is the major restraint hampering the growth of the market?
Volatile prices of the raw materials used for manufacturing paper tapes continue to create a hindrance in the market growth.
Which is the most preferred adhesive tape by end-use industries?
Rubber-based adhesive tapes are highly preferred by end-use industries, owing to their high peel strength, affordability, versatility, and good electrical and thermal insulation power.
Which application area of paper tapes is experiencing the highest growth?
Use of paper tapes for masking and packaging accounts for relatively higher sales, while growing application in labeling, decorating, and framing is expected to result in increased market share.
Which sectors are manufacturers tapping for new growth opportunities?
Manufacturers are tapping opportunities in retail & logistics and building & construction sectors. In the building and construction sector, paper tapes are extensively used in window attachments, bonding of door panels, and mounting of glass panels.
What are the key focus areas of manufacturers for market consolidation?
Key players are seeking opportunities in developing countries in APAC that can help in strengthening their market positions. Furthermore, product innovation and R&D for more eco-friendly materials continue to be the key focus areas of the manufacturers that will support them in expanding their customer base.
Demand for Masking and Packaging Tapes on Upward Trend
Masking tapes and packaging tapes collectively account for more than 3/4th of total sales, attributing to their growing usage for a variety of packaging applications. a significant share of global revenues. Masking tapes will retain their top selling title in the global paper tapes market, whereas packaging tapes have lately been gaining higher traction that will push their sales to reach the value of over US$ 2 Bn by this year’s end. On the other hand, consumer & stationary tapes are representing attractive annual growth rate.
Competition Between European and Asian Markets Heating up
Accounting for nearly a fifth of total paper tapes consumption, North America continues to lead the global paper tapes market. However, there are strong chances of Europe outpacing North American market for the first time in 2023 that would further continue through 2029. Furthermore, the market for paper tapes in East Asia will overtake European market during the latter half of the forecast period, in terms of growth rate. South Asia, on the other side, will also exhibit a notable CAGR during projection period, in paper tapes market.
* This data is only a representation. Actual data may vary and will be available in report.
Market Players Eye Healthcare and Pharmaceutical Sectors for Better Returns
Paper tape manufacturers are tapping white spaces in the healthcare and pharmaceutical sectors, where profits worth of over a billion dollar by 2029 end are garnering huge attention. Surgical paper tapes offer umpteen benefits, such as swifter recovery, preserved skin integrity, long-lasting bond, and gentle removal without leaving any residue. Increasing adoption of paper tapes in the healthcare and pharmaceutical industries for efficient handling of wounds and injuries are, thus, creating remarkable opportunities for stakeholders.
High demand for masking tapes
Packaging tapes gaining traction
Rubber based adhesive remains highly preferred
Modest demand for acrylic based adhesive
High application in masking
Increasing applicability in packaging
Building & construction remain top adopter
Increasing adoption in retail & logistics
How Growth will Unfold
Nearly a fourth of total sales of paper tapes are currently concentrated in the building & construction sector, which are set to reach US$ 2.5 Bn over the next decade. Market players are also targeting the retail & logistics sector, where paper tapes are used for light and heavy-duty applications. Sales of paper tapes in this end-use category will witness a sudden hike in revenues in 2021, particularly in developed regions. Furthermore, demand growth in the automotive industry also appears positive.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Paper Tapes Market Analysis 2019-2029
A recent market study published by FMI on the paper tapes market includes global industry analysis 2014-2018 and opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, growth prospects of the paper tapes market are obtained with maximum precision.
Paper Tapes Market Taxonomy
The global paper tapes market is segmented in detail to cover every aspects of the market and present a complete market intelligence approach to readers.
- Masking Tape
- Packaging Tape
- Consumer & Stationary Tape
- Rubber-based Adhesive
- Acrylic-based Adhesive
- Silicon-based Adhesive
- General Use
- Tabbing & Splicing
By End Use
- Building & Construction
- Retail & Logistics
- Aerospace & Defense
- Electronic & Electrical
- General Industries
- North America
- Latin America
- South Asia
- East Asia
The report initiates with an executive summary of the paper tapes market, which includes key findings and statistical analysis of the market. It also includes demand and supply-side trends pertaining to the paper tapes market.
Readers can find the definition and detailed taxonomy of the paper tapes market in this chapter, which will help them understand the basic information about the market. Along with this, comprehensive information pertaining to paper tapes and their properties are provided in this section. It also highlights the inclusions and exclusions to help readers understand the scope of the paper tapes market report.
This chapter explains the key macroeconomic factors that are expected to influence growth of the paper tapes market during the forecast period. Along with this, the section also highlights the opportunity analysis for the paper tapes market. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the paper tapes market.
This section explains the global market value analysis and forecast for the paper tapes market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical paper tapes market, along with opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the paper tapes market at the regional level has also been provided in this section. It also explains the global market volume analysis and forecast for the paper tapes market during the forecast period.
Based on product type, the paper tapes market has been segmented into masking tape, packaging tape, consumer & stationary tape, and others. In this chapter, readers can find information about key trends and developments in the paper tapes market and market attractiveness analysis, based on product type.
This chapter provides details about the paper tapes market based on adhesive type, and has been classified into rubber-based adhesive, acrylic-based adhesive, and silicon-based adhesive, readers can understand market attractiveness analysis of paper tapes, based on adhesive type.
Based on application, the paper tapes market is segmented into masking, packaging, general use, and tabbing & splicing. Packaging segment is further segmented into sealing, bundling, and fixing. Along with this, general use segment is also further segmented into decorating, labelling, framing, and others. In this chapter, readers can find information about key trends and developments in the paper tapes market and market attractiveness analysis, based on application.
This chapter provides details about the paper tapes market based on feature type, and has been classified into single-sided and double-sided. Through this chapter, readers can understand market attractive analysis, based on feature type.
This chapter provides details about the paper tapes market based on end-use, and has been classified into building & construction, automotive, retail & logistics, aerospace & defense, healthcare, electronics & electrical, and general industries. Through this chapter, readers can understand market attractiveness analysis, based on end-use.
This chapter explains how the paper tapes market will grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, the Middle East and Africa (MEA), and Oceania.
This chapter includes detailed analysis of the growth of the North America paper tapes market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on product type, adhesive type, application, feature type, End-use, and countries in North America.
This chapter provides the growth scenario of the paper tapes market in Latin American countries such as Brazil, Mexico, Argentina, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Important growth prospects of the paper tapes market in several countries such as Germany, the U.K., France, Spain, Italy, Russia, Poland, BENELUX, and the rest of Europe are included in this chapter.
India, Indonesia, Thailand, Malaysia, and the rest of South Asia are among leading countries in the South Asia region, which are prime subjects of assessment to obtain growth prospects of the South Asia paper tapes market in this chapter. Readers can find detailed information about growth parameters of the South Asia paper tapes market during the forecast period.
This chapter highlights the growth of the paper tapes market in East Asia by focusing on China, Japan, South Korea, and the rest of East Asia. This section also helps readers in understanding key factors that are responsible for the growth of the paper tapes market in East Asia.
This chapter provides information about how the paper tapes market will grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.
In this chapter, Australia and New Zealand are countries in the Oceania region that are prime subjects of assessment to obtain growth prospects of the Oceania paper tapes market.
In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the paper tapes market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all prominent stakeholders in the paper tapes market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are 3M Company, NITTO DENKO CORPORATION, Berry Global Inc, Intertape Polymer Group, tesa tapes, Shurtape Technologies, Llc, Vibac Group S.p.a, and others.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the paper tapes market report.
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the paper tapes market.
How the research was conducted?
- C-Level Executives
- Marketing Directors
- Product Managers
- Business Development Officers
- Production Managers
- Procurement Heads
- Sales Executives
- Raw Machine Suppliers
- Industry Experts
- End Users
- Current market dynamics and challenges
- Yesteryear trends
- Market characteristics
- Market performance and growth quadrants
- Competition structure and market structure
- Strategic growth initiatives
- Near-term and long-term market growth prospects
- Market segment splits and authenticity
- Opinions on market projections and validity of assumptions
- Industry Publications
- Packaging Europe
- Packaging Strategies
- Packaging News
- Packaging World
- Industry Associations
- Flexible Packaging Association
- Flexible Packaging Europe
- American Plastics Council (APC)
- World Packaging Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits
Paper Tapes Market Reports - Table of Contents
22. Assumptions and Acronyms Used
23. Research Methodology