Gummed Tapes Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

Amongst the Increasing demand for packaging solutions that are ecologically sustainable, the global gummed tapes market is expected to face challenge of presence of alternative materials such as heat-activated tapes and BOPP packaging tapes. Paper gummed tapes are considered ideal for lightweight packaging, and can be substituted by relatively low-cost pressure-sensitive tapes. Though, as these substitutions lag behind in terms of mechanical properties, the total gummed tapes market is expected to witness healthy growth in the coming years.

MARKET DYNAMICS

The demand for gummed tapes is reliably growing from logistics and shipping industries, as these tapes offer high adhesive strength for grooved box packaging and damage-free transportation of products. Increasing demand for corrugated packaging in the shipping and logistics industry is boosting the sales of gummed tapes across different regions. Moreover, manufacturers are indulging in consistent research and development activities to comply with the ever-changing demand, which is also boosting the market growth.

MARKET SCOPE

The "Global Gummed Tapes Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gummed tapes with detailed market segmentation by type, application, sales channel. The global gummed tapes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gummed tapes market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global gummed tapes market is segmented on the basis of type into white gummed tape, brown gummed tape. On the basis of application the gummed tapes market is segmented into shipping & logistics, building & construction, food & beverages, electricals & electronics, automotive, healthcare & hygiene, others. Moreover, on the basis of sales channel the market has been segmented into manufacturer/distributor/service provider, and aftermarket.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gummed tapes market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gummed tapes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the gummed tapes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gummed tapes market in these regions.

MARKET PLAYERS

The reports cover key developments in the gummed tapes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from gummed tapes market are anticipated to lucrative growth opportunities in the future with the rising demand for gummed tapes in the global market. Below mentioned is the list of few companies engaged in the gummed tapes market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gummed tapes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   3M
  
•   Holland
  
•   Intertape
  
•   Shurtape
  
•   Loytape
  
•   Papertec
  
•   LPS
  
•   Windmill
  
•   Neubronner
  
•   Can-Do National Tape
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Gummed Tapes Report Scope