The global tape dispenser market is likely to expand at a CAGR of 3.8% until 2030. Compared to 2019, the market has experienced a deceleration of -0.2%, attributed to the recession induced by COVID-19.
The market is expected to pick up pace by 2021, as industrial production levels revert to normalcy. Automation is likely to play an important role in the forthcoming future, with industries switching over to technologically enhanced devices to streamline production processes.
For instance, Isol Corp’s ZCUT-2 Vinyl Tape is garnering significant attention of prominent packaging corporations in India. The device is extensively used for the packaging of cartons and other light weight products. The device can cut up to 58 mm of tape, making it a preferred choice among end-users.
Mushrooming Online Food Delivery
The global online food delivery market is expected to reach US$ 200 billion by 2025, owing to rapidly proliferating virtual food delivery platforms in recent years.
North America is already a host to various food delivery applications, with GrubHub pivoting majority of the growth. As of 2019, the application registered nearly 20 million active users. Likewise, Just Eat dominates the European market, accounting for over 8 out of 10 uses across the U.K.
Asia is home to over half of the global online food delivery applications, owing to the concentration of a massive population base. The presence of such wide array of food delivery platforms is accelerating the need for incorporating advanced packaging solutions, thereby opening avenues for tape dispenser manufacturers.
3M Company is a prominent face in the global tape dispenser market for foodservice and hospitality. It’s Scotch® Box Sealing Tape Dispenser H183 is being adopted by foodservice companies for sealing cartons, reinforcement and bundling operations.
Deepening E-commerce Penetration
The global e-commerce industry is worth US$ 3.5 trillion. Mass Merchant dealers such as Amazon Inc., Suning Commerce Group and Walmart Inc. collectively recorded over 90% web sales growth two years ago.
By 2023, global e-commerce sales are likely to surpass one-fifth of the revenue share, with more businesses and individuals having access to the internet via smartphones and other devices. Consequently, allied industries such as shipping and logistics have experienced major upswing.
Unsurprisingly, demand for robust packaging solutions has surfaced, ultimately providing traction to tape dispenser manufacturers. In spite of sluggishness induced by COVID-19, the market is poised to remain strong, expected to sell over 180,000 units by 2021.
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Technological Innovations Open New Frontiers
Manufacturers have invested heavily in technologically advanced products, owing to rising technological innovations. From utilizing sustainable packaging material to automation, innovations have proven highly lucrative in advancing the global packaging industry.
Notable developments include START International’s ZCM 1100 automatic tape dispenser. The device is equipped with a safety guard cutting head which automatically cuts and advances predefined tape lengths. Equipped with a photo sensor, it detects if there is tape at the outlet for consistent feeds and cuts.
Likewise, DWC Packaging Systems markets the Better Packages- BP555eSA Automatic Gummed Tape Dispenser, which is capable of packaging and sealing over 100 cartons per day in an 8-hour shift. It is ideal for operations involving computer interface capabilities for enhanced productivity and control.
Structural Issues with Portable Tape Guns
While portable tape guns are a welcome development, there are various structural issues which limit their uptake across key end-use industries. A major disadvantage of tape dispenser guns is that of the plastic tape tearing at the origin, making the source invisible, causing users to spend time deciphering the starting point.
Secondly, tape guns are not sound-friendly, emitting undesired noises upon application, thereby restraining their uptake. All these points are likely to prove a hindrance to future tape dispenser market growth. Fortunately, manufacturers are devising approaches to overcome these structural challenges by incorporating automated solutions.
Tape Dispenser Market- Regional Insights
North America Tape Dispenser Market
The North American tape dispenser market remains lucrative, attributed to a proliferating e-commerce industry. According to Digital Commerce 360, e-commerce sales remained strong in 2015, with web sales surpassing US$ 300 billion. This increased by over 75% in 2019.
At the initial peak of COVID-19, U.S consumers collectively spent US$ 200 billion, majority of the supplies being essential goods such as groceries, hand sanitizers, immunity boosting foods and pharmaceutical products. It is expected that e-commerce sales will surge further in the forthcoming months.
Against this backdrop, the North American tape dispensers market is set to expand at a CAGR of nearly 4% through 2030. Manufacturers are attempting to leverage this surging e-commerce business scenario to deepen their penetration into the regional market.
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Europe Tape Dispenser Market
The European tape dispenser market remains sluggish, attributed to the recessionary impact ushered in by COVID-19. To offset these downturns, Afera, the European Adhesive Tape Association, urged authorities, stakeholders and policymakers to acknowledge and support vital supply chains.
As the pandemic intensifies, consumers are relying heavily on online platforms to avail their supply of essential commodities. This has led to a significant escalation of the logistics industry in recent months. 28% of Europeans in urban areas increased online grocery shopping in the said time period.
A 2.9% CAGR is forecast for the European tape dispenser market, with short-term yearly growth pegged at 1.0% until 2021.
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East Asia Tape Dispenser Market
East Asia is expected to emerge as the fastest growing market, accounting for 30% of the market share as of 2020. China is the largest revenue contributor, owing to the presence of a robust logistics network to transport various industrial goods.
As economic activities across China resume post prolonged lockdowns, logistics facilities and warehouses are in high demand. During the lockdown period, food delivery and grocery services witnessed a 400% spike, especially during February 2020. Furthermore, the East Asian giant is expected to experience nearly US$ 16 trillion retail sales by 2030.
As this swelling of the transportation and logistics segment continues, demand for tape dispensers to package essential items and transport them to end-users is also bound to witness proliferation.
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Table Top Dispensers Generates Highest Revenue
Table top tape dispensers generated over half of the global revenue share in 2020, expected to increase further by 2030. High durability permitting years of heavy-duty usage is promoting enhanced usage of table top tape dispensers. Players such as 3M Company are highly active in manufacturing table top tape dispensers.
Hand held dispensers are likely to capture the 2nd highest share, accounting for ~33% revenue by the end of the forecast period. Hand held dispensers are highly flexible, providing convenience to the user. Pistol grip dispensers are especially suitable for this, allowing for higher degree of precision.
Automatic Tape Dispensers Highly Preferred
Increasing demand for automation and technological advancements in taping is promoting extensive usage of automatic tape dispensers. The segment is likely to expand at a CAGR of 4.3% across the forecast period.
Artificial Intelligence is expected to play an imperative role in accelerating sales of automatic tape dispensers. An example of such a dispenser is the VMS VTS15 VCR by VeriFi FMS video tape dispenser.
Commercial & Office Usage to Sustain
The office & commercial grade tape dispenser is expected to generate an incremental $ opportunity worth US$ 1.3 Bn. Tape dispensers are attracting significant attention across offices and commercial establishments due to frequent usage for adhesion purposes.
Industrial usage is also picking up pace, owing to extensive applications across various end-use industries such as logistics, e-commerce, manufacturing, packaging and others. It is expected to generate over 40% of the global revenue share in the upcoming forecast period.
COVID-19’s Impact on the Market
The COVID-19 pandemic has had varied impacts on the global tape dispenser market. A majority of the impact is dependent on the status of allied industries- more specifically logistics and e-commerce. As the epidemic spread, governments worldwide imposed strict lockdowns, hampering industrial operations and ushering a recession akin to 2008.
Being the epicentre of the pandemic, China experienced major shortfalls in its logistics industry. Cargo was backlogged at major Chinese ports as travel restrictions led to a shortage of truck drivers to pick up containers. Ultimately, this ushered in a downturn in the regional tape dispenser market.
Border restrictions in Europe led to several bottlenecks, such as 37-mile long truck queues on the A4 Highway between Poland and Germany. Likewise, in India, truck driver shortages led to over 50,000 containers piling up at key ports such as Chennai, Kattupalli and Kamajarar.
However, as the intensity declined, restrictions on freight movement lifted, thus offsetting the recessionary impact brought about in the initial stages. Demand for logistics and e-commerce depended highly on sustained supplies of essential products. Consequently, the need for robust packaging solutions augmented demand for tape dispensers, keeping it afloat.
Tape Dispenser Market- Competition Landscape
The global tape dispenser market is characterized by the presence of the following players*:
- 3M Company
- Tesa SE
- Intertape Polymer Group Inc.
- Fellow Brands
- Shurtape Technologies LLC
- Koziol USA
- START International
- Prisma Pressure Sensitive Products Ltd.
- Spec-Tech (Xiamen) Co. Ltd.
- Aroindia Electromech Pvt. Ltd.
*This list is indicative- full details about the tape dispenser players is available upon request
The market is highly competitive, with Tier-3 players accounting for up to three-quarters of the revenue share. Players concentrate on expanding their outreach by virtue of collaborations, acquisitions and product launches.
3M Company, a prominent vendor, markets the Scotch® and TartanTM Manual Tape Dispensers. These dispensers are hand-held and come in the HR80, H150 and HR933 versions. These manual devices offer a host of benefits, such as a lightweight and versatile pistol-grip, pressure bars to reduce noise and retractable blades.
Players are also concentrating on expanding existing manufacturing facilities. For instance, Tesa SE announced the commission of a brand-new manufacturing plant in Vietnam in May 2020. With this initiative, the company intends to deepen its penetration within the Asian markets.
Artificial Intelligence (AI) is anticipated to emerge as the new normal in tape dispensers. Intertape Polymer Group Inc. has therefore unveiled its Smart TapeTM solution which incorporates the latest security technologies to prevent product pilferage, diversion and cargo theft. It does so by offering multiple security layers.
Tape Dispenser Market- Report Scope
Historical Date Available for
US$ Mn for Value and ‘000 Units for Volume
Key Regions Covered
North America, Latin America, Europe, Middle East & Africa, East Asia, South Asia & Oceania
Key Countries Covered
U.S, Canada, Germany, U.K., France, Italy, Spain, Russia, Brazil, Mexico, China, India, ASEAN, GCC & South Africa
Key Segments Covered
Product Type, Technology & End Use
Key Companies Profiled
3M Company, Tesa SE, Intertape Polymer Group Inc., Fellow Brands, Shurtape Technologies LLC, Koziol USA, START International, Prisma Pressure Sensitive Products Ltd., Spec-Tech (Xiamen) Co. Ltd., Aroindia Electromech Pvt. Ltd., Excel Factory Inc., Rissah Pack, Uline Inc., ShurTech Brands LLC and Premier Stationery Industries
Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, Impact of COVID-19, Segmental Analysis, Regional Profiling, Market Structure Analysis & Competition Analysis
Customization & Pricing
Key questions answered in the report
- What will be the tape dispenser market size in 2030?
The global tape dispenser market is scheduled to reach US$ 6.9 Bn by 2030, driven mostly by heightening demand for robust packaging solutions in the e-commerce and logistics sectors. However, a slight deceleration is expected in 2020 due to COVID-19
- Which is the fastest growing market for tape dispensers?
East Asia is expected to record the fastest growth, expanding at a CAGR of 4% through 2030. Maximum growth is anticipated to occur across China, as it has a strong network of warehousing and logistics, a key end-use industry for tape dispensers
- How will COVID-19 affect market growth?
According to FMI’s analysis, growth in the initial stages of the COVID-19 pandemic was stagnant, attributed to strict lockdowns imposed by countries to inhibit the virus’s spread. Gradually, however, flattening infection curves across countries prompted governments to ease restrictions, leading to a moderate resurgence
- Which are the prominent players in the tape dispenser market?
3M Company, Tesa SE, Intertape Polymer Group Inc., Fellow Brands, Shurtape Technologies LLC, Koziol USA, START International, Prisma Pressure Sensitive Products Ltd., Spec-Tech (Xiamen) Co. Ltd., Aroindia Electromech Pvt. Ltd., Excel Factory Inc., Rissah Pack, Uline Inc., ShurTech Brands LLC and Premier Stationery Industries are some key players in the tape dispenser market
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- Hand Held
- Table Top
- Definite Length Dispenser
- Stretchable Tape Dispenser
- Office & Commercial
- North America (U.S & Canada)
- Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
- Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics, Russia, Poland & Rest of Europe)
- East Asia (China, Japan & South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia & Rest of South Asia)
- Middle East & Africa (GCC, South Africa, North Africa & Rest of MEA)
- Oceania (Australia & New Zealand)