Analytical Study of Tape Dispenser Sales in Korea from 2024 to 2034

The demand for tape dispenser is expected to soar across Korea, especially in South Jeolla and North Jeolla. By the end of FY 2024, the sales for tape dispenser are poised to reach a valuation of US$ 190 million. The demand for tape dispenser in Korea is likely to grow at a 6.30% CAGR from 2024 to 2034. The industry valuation is projected to attain US$ 349.5 million by 2034.

In the Korea tape dispenser ecosystem, prominent drivers include a surge in demand for contactless and hygienic solutions, fostering the development of touchless tape dispensers.

Technological advancements integrating smart functionalities like sensor based cutting mechanisms and IoT connectivity offer innovative prospects. Eco consciousness propels sustainable materials, shaping product development and industry positioning.

Customization options tailored to diverse consumer needs and applications drive industry diversification. Though less conspicuous, these undercurrents significantly contribute to redefining product standards and consumer expectations, paving the way for transformative changes within its tape dispenser industry.

Attributes Details
Anticipated Industry Size in 2024 US$ 190 million
Expected Industry Size in 2034 US$ 349.5 million
Forecasted CAGR between 2024 and 2034 6.30% CAGR

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Key Opportunities that Boost the Sales of Tape Dispenser in Korea

  • Initiating programs to recycle or repurpose used tape dispensers, contributing to sustainability.
  • Designing tape dispensers with features for users with disabilities or special needs.
  • Introducing biodegradable components within tape dispenser design for reduced environmental impact.
  • Creating tape dispensers with modular parts for easy repair or upgrade, extending product life.
  • Designing tape dispensers that offer space-saving storage or multipurpose functionality.

Key Trends Influencing Demand for Tape Dispenser in Korea

  • Shift towards remote work drives demand for home office supplies, influencing tape dispenser sales in Korea.
  • Expansion in e-commerce and packaging sectors boosts tape dispenser demand for shipping and handling needs.
  • Rising interest in DIY projects and crafting influences tape dispenser sales for creative endeavors.
  • Regular demand from offices and educational institutions is key to tape dispenser sales.
  • Tape dispensers find utility in various industrial settings, contributing to demand outside traditional consumer industries in Korea.
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Ismail Sutaria

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Comparative View of Adjacent Industries

The table below will compare the tape dispenser ecosystem in Korea with the Western Europe tape dispenser landscape and the Japan Tape Dispenser ecosystem.

Tape Dispenser Ecosystem in Korea:

Attributes Details
Forecast CAGR between 2024 to 2034 6.30%
Industry Size in 2034 US$ 349.5 million
Key trends
  • Rising trend of tape dispensers incorporating smart functionalities for enhanced user experience and efficiency.
Key challenges
  • Addressing sustainability concerns by developing eco friendly materials and reducing the environmental footprint of tape dispensers.

Western Europe Tape Dispenser Industry:

Attributes Details
Forecast CAGR between 2024 to 2034 4.00%
Industry Size in 2034 US$ 1,385.50 million
Key trends
  • The Western Europe tape dispenser ecosystem shows a trend towards ergonomic designs for user comfort and efficiency.
Key challenges
  • Adapting to evolving regulations and standards concerning material usage and environmental impact within the industry.

Tape Dispenser Ecosystem in Japan:

Attributes Details
Forecast CAGR between 2024 to 2034 5.20%
Industry Size in 2034 US$ 741.5 million
Key trends
  • Japan tape dispenser industry witnesses a trend towards compact and space saving designs for convenience.
Key challenges
  • Navigating challenges in integrating advanced technology while maintaining user friendly and cost effective solutions in the industry.

Category-wise insights

Tabletop Triumph Dominance in Korea Tape Dispenser Landscape

Tabletop tape dispensers emerge as the frontrunner in Korea industry, projected to command a substantial 55.20% industry share by 2024. Their popularity stems from practicality, offering stable, efficient tape dispensing for various tasks in offices, homes, and industries.

Product Type Table Top
Industry Share 55.20%

Versatile, user friendly designs and convenience in handling various tape widths contribute to their widespread adoption. Their ergonomic build and reliability in handling everyday taping needs position tabletop dispensers as the cornerstone, dictating the landscape of the tape dispenser industry in Korea.

Commercial Command Driving Tape Dispenser Industry Korea

Office & Commercial segments take the helm in tape dispenser industry in Korea, poised to capture a 53.40% industry share by 2024. This dominance arises from the pervasive use of tape dispensers in offices, packaging centers, and commercial enterprises for sealing boxes, organizing documents, and handling various tasks.

End Use Office & Commercial
Industry Share 53.40%

Their essential role in daily operations and logistics amplifies their demand, positioning them as indispensable tools in the efficiency driven landscape of Korea commercial and office environments.

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Region-wise Insights

Tape Dispenser Industry in South Jeolla Embraces Innovation and Sustainability

In the South Jeolla tape dispenser industry, a shift towards eco friendly materials and ergonomic designs stands as a prominent trend. Manufacturers prioritize sustainable materials, promoting recyclability and reducing environmental impact.

An emphasis on user centric designs, ensuring ease of use and comfort, drives innovation. Integrating innovative features like one handed dispensing mechanisms and multifunctional capabilities gains traction. Customization options to cater to diverse consumer preferences contribute to the evolving landscape.

These trends reflect its commitment to eco consciousness, user convenience, and product differentiation, shaping the tape dispenser industry in South Jeolla towards progressive and sustainable practices.

Opportunities in North Jeolla Tape Dispenser Industry

The North Jeolla tape dispenser sector holds promising prospects amid a rising demand for customizable and sustainable solutions. Opportunities lie in developing eco friendly materials, ergonomic designs, and introducing innovative features like automated cutting mechanisms.

Targeting specialized niches such as industrial grade dispensers and leveraging ecommerce platforms for wider reach presents avenues for growth.

Collaboration with industries like packaging and stationery fuels potential expansion, offering a fertile ground for advancement and diversification within the tape dispenser industry in North Jeolla.

Competitive Landscape

The tape dispenser industry in Korea exhibits a competitive landscape, with several local manufacturers and global brands vying for industry dominance. Local companies like KOKUYO and PLUS Corporation compete alongside international players such as 3M, leveraging innovation, ergonomic designs, and varied product offerings to cater to diverse consumer needs.

Intense competition fosters advancements in user friendly designs, eco friendly materials, and multifunctional features, driving continuous improvements and product differentiation. Companies focus on quality, pricing strategies, and expanding distribution channels to capture industry share, shaping a competitive ecosystem within the tape dispenser industry in Korea.

Product Portfolio

  • PLUS Corporation offers a diverse tape dispenser lineup, emphasizing innovation and functionality. Their range includes ergonomic tabletop models and portable handheld dispensers, catering to office and home use with a focus on user friendly designs.
  • KOKUYO Co. Ltd. provides premium tape dispensers known for their precision and durability. Their portfolio includes sleek tabletop dispensers and compact handheld options tailored for efficient and professional use in various settings.
  • MONO Corporation specializes in reliable and high performance tape dispensers. Their product range comprises versatile tabletop models and innovative handheld dispensers, delivering precision and ease of use for office and personal applications.

Some of the Important Players in Korea Dealing with Tape Dispensers

  • PLUS Corporation
  • KOKUYO Co. Ltd.
  • MONO Corporation
  • Murex Co. Ltd.
  • Be Green Co. Ltd.

Scope of the Report

Attribute Details
Estimated Industry Size in 2024 US$ 190 million
Projected Industry Size in 2034 US$ 349.5 million
Attributed CAGR between 2024 and 2034 6.30% CAGR
Historical Analysis of Demand for Tape Dispenser in Korea Regions 2019 to 2023
Forecast Period 2024 to 2034
Report Coverage Industry size, industry trends, analysis of key factors influencing Tape Dispenser in Korea, insights on global players and their industry strategy in Korea, ecosystem analysis of local and regional Korea providers.
Key Regions within Korea Analyzed while Studying Opportunities for Tape Dispenser in Korea South Gyeongsang, North Jeolla, South Jeolla, Jeju
Key Companies Profiled PLUS Corporation; KOKUYO Co. Ltd.; MONO Corporation; Murex Co. Ltd.; Be Green Co. Ltd.

Key Segments

By Product Type:

  • Handheld
  • Tabletop
  • Definite Length Dispenser
  • Stretchable Tape Dispenser

By Technology:

  • Automatic
  • Manual

By End use:

  • Office & Commercial
  • Industrial

By Region:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Frequently Asked Questions

What is the projected scale of the demand for Tape Dispenser Industry in Korea by 2024?

The sales of tape dispenser in Korea are poised to reach US$ 190 million by 2024.

By 2034, what will be the overall value share of Tape Dispenser in Korea?

In 2034, the total value of the tape dispenser ecosystem in Korea will reach US$ 349.5 million.

What is the anticipated CAGR of the Korea Tape Dispenser industry?

From 2024 to 2034, the Korea tape dispenser industry is likely to garner a 6.30% CAGR.

Which category within the Product Type segment is expected to take the lead?

The table top segment will be highly used all across Korea, registering an industry share of 55.20%.

Table of Content
1. Executive Summary

    1.1. Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034

        5.3.1. Handheld

        5.3.2. Table top

        5.3.3. Definite Length Dispenser

        5.3.4. Stretchable

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034

6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Technology

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2024 to 2034

        6.3.1. Automatic

        6.3.2. Manual

    6.4. Y-o-Y Growth Trend Analysis By Technology, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Technology, 2024 to 2034

7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End-use

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End-use, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End-use, 2024 to 2034

        7.3.1. Office & Commercial

        7.3.2. Industrial

    7.4. Y-o-Y Growth Trend Analysis By End-use, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By End-use, 2024 to 2034

8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023

    8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034

        8.3.1. South Gyeongsang

        8.3.2. North Jeolla

        8.3.3. South Jeolla

        8.3.4. Jeju

        8.3.5. Rest of

    8.4. Market Attractiveness Analysis By Region

9. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Product Type

        9.2.2. By Technology

        9.2.3. By End-use

    9.3. Market Attractiveness Analysis

        9.3.1. By Product Type

        9.3.2. By Technology

        9.3.3. By End-use

    9.4. Key Takeaways

10. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Product Type

        10.2.2. By Technology

        10.2.3. By End-use

    10.3. Market Attractiveness Analysis

        10.3.1. By Product Type

        10.3.2. By Technology

        10.3.3. By End-use

    10.4. Key Takeaways

11. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Product Type

        11.2.2. By Technology

        11.2.3. By End-use

    11.3. Market Attractiveness Analysis

        11.3.1. By Product Type

        11.3.2. By Technology

        11.3.3. By End-use

    11.4. Key Takeaways

12. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Product Type

        12.2.2. By Technology

        12.2.3. By End-use

    12.3. Market Attractiveness Analysis

        12.3.1. By Product Type

        12.3.2. By Technology

        12.3.3. By End-use

    12.4. Key Takeaways

13. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Product Type

        13.2.2. By Technology

        13.2.3. By End-use

    13.3. Market Attractiveness Analysis

        13.3.1. By Product Type

        13.3.2. By Technology

        13.3.3. By End-use

    13.4. Key Takeaways

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Product Type

        14.3.3. By Technology

        14.3.4. By End-use

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. Ezmro

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. Wms&Co.

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. 3M Company

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. Tesa SE

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. Intertape Polymer Group Inc.

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. Fellow Brands

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. Shurtape Technologies LLC

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Koziol USA

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. START International

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

        15.1.10. Prisma Pressure Sensitive Products Ltd.

            15.1.10.1. Overview

            15.1.10.2. Product Portfolio

            15.1.10.3. Profitability by Market Segments

            15.1.10.4. Sales Footprint

            15.1.10.5. Strategy Overview

                15.1.10.5.1. Marketing Strategy

                15.1.10.5.2. Product Strategy

                15.1.10.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

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