Pouch Tapes Market Analysis

Shipping and logistics sector is expected to grow on the backdrop of e-commerce growth, resulting in the increase in market share of pouch tapes. The key features leading to the demand for pouch tapes is high resistance to moisture and abrasion, which can be used in adverse climatic conditions, keeping the inside documents safe. Pouch tapes have tacky borders, resulting in strong adhesion for attaching and protecting shipping documents, packing lists, information and work instructions etc. Furthermore, strong adhesives prevents rubbing off the pouch tapes, thus reducing the chance of lost or delaying of packages. The non-tacky center part provides a see-through window for easy document identification resulting in propelled market share of pouch tapes. Pouch tapes are linerless, reducing the waste disposal, thus resulting in reduced carbon emission. Pouch tapes offers less material usage which reduces the transportation and storage cost accentuating the market share of pouch tapes. Pouch tapes are easy to use, reduced price, and exhibit good performance in various applications such as attaching and protecting shipping documents, attaching invoices, product samples etc.  Pouch tapes are light in weight as it does not increases the overall weight of the products to be shipped, thus reducing the transportation cost. Pouch Tapes provide a quick, simple and secure method of attaching documents to shipping containers fuels the growth of the pouch tapes market.

Despite the favorable condition towards the growth of pouch tapes market, there are certain factors that hinders the pouch tapes market is the stringent government regulations towards the use of plastics. Moreover, substitute products such as document pouches can hamper the growth of pouch tapes market.

Pouch Tapes Market: Market Segmentation

Pouch tapes market has been segmented on the basis of material types, width, and end-use.

Pouch Tapes Market: Market Dynamics

Pouch tapes market has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to dominate the market share of pouch tapes over the forecast period owing to increase in shipping and logistics activity in the region. Western Europe is anticipated to follow North America in terms of growth rate due to mature market. Asia Pacific region is expected to register highest growth rate over the forecast period due to increase of e-commerce sector in the sector resulting in the consumer preference towards online purchasing. MEA region is expected to register slow growth over the forecast period due to stagnant economy.

Pouch Tapes Market: Key Players

Some of the key players in the field of pouch tapes market are 3M, Irplast S.p.A., Lynx Polythene Ltd., and  Flexopack Ltd., among together.

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