Gummed Tape Market Set to Witness Unprecedented Growth of USD 5,092.46 million by 2029, Size, Share, Trends, Growth Opportunities and Competitive Outlook
“The finest Gummed Tape Market survey report offers meticulous investigation of current scenario of the global market, which considers numerous market dynamics. This market research report has been produced with the systematic gathering of market information for Gummed Tape Market industry. The report is a professional and a detailed market study focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Today’s businesses choose the market research report solution such as Gummed Tape Market report because it lends a hand with the improved decision making and more revenue generation. Thus, Gummed Tape Market report is an indispensable model to have increments in business activities, qualitative work done and enhanced profits.
Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the credible Gummed Tape Market report. This industry report aids to establish correlative relationship between the product brand and consumers’ needs and preferences. The competitive landscape section of the report gives a clear insight into the market share analysis of key industry players. The report gives CAGR value fluctuation during the forecast period of 2022-2029 for the market. This industry report is helpful in finding out the size of the market for specific products. Gummed Tape Market report serves to be an ideal solution for better understanding of the market.
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The report provides insights on the following pointers:
Gummed Tape Market Penetration: Comprehensive information on the product portfolios of the top players in the Gummed Tape Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the Gummed Tape Market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Gummed Tape Market
Gummed Tape Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Gummed Tape Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Gummed Tape Market.
Market Analysis and Size
According to the survey, gummed tapes with backing materials such as fiber reinforced tape and paper gummed tape are becoming incredibly popular. In comparison to paper gummed tape, the fiber-reinforced gummed tapes are among the most resilient and simple to use.
Global Gummed Tape Market was valued at USD 3,704.16 million in 2021 and is expected to reach USD 5,092.46 million by 2029, registering a CAGR of 3.6% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Gummed tape is heavy-duty paper tape with an impermanent adhesive that doesn’t attach to surfaces until it becomes wet. You can moisten it with a sponge or a gummed tape dispenser. Another name for it is water-activated tape (WAT). A form of adhesive tape called gummed paper tape is made from organic materials like paper or potato starch. It comes with a natural glue adhesive that hardens when wet, making it entirely recyclable.
Some of the major players operating in the gummed tape market are
- 3M (U.S)
- Nippon Industries (Japan)
- Gripking Tapes India Pvt. Ltd., (India)
- PPM Industries SpA (Italy)
- PIONEER CORPORATION (Japan)
- Szxinst (China)
- Ajit Industries Pvt. Ltd. (India)
- Nitto Denko Corporation (Japan)
- Tesa Tapes (Germany)
- AVERY DENNISON CORPORATION (U.S.)
- Scapa (U.K.)
- Lohmann GmbH & Co. Kg (Germany)
- Mactac, LLC (U.S.)
- JTAPE LTD. (U.K.)
- Decofix Papers & Tapes (India)
- LINTEC Corporation (Japan)
- Shurtape Technologies, LLC (U.S.)
- Tape India (India)
- VITS TECHNOLOGY GMBH (Germany)
Gummed Tape Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Demand Across End Users
For the packaging of various products and items, these tapes are utilized in a variety of end-use industries, including shipping and logistics, food and beverage, electrical and electronics, automotive, and others. These tapes are frequently used for splicing, sealing, and packaging heavy-duty boxes and cartons due to the aforementioned factors. End users are attempting to expand their product portfolio and manufacturing capacity in order to serve the market and make up for the losses sustained during the pandemic.
- Increased Use of Biodegradable and Sustainable Tapes
Natural adhesives paper and potato starch, which are used to make gummed tapes, strengthen sticky bonds when water activates. It has a natural glue adhesive that hardens into a sticky substance when wet, making it entirely reusable. Brown gummed tapes can be recycled and are produced naturally from plants, which reduces environmental pollution. These tapes are the environmentally friendly substitute for corrugated boxes, or “green boxes,” when it comes to packaging. They are a wonderful environmentally friendly alternative to regular packing tape because they are biodegradable and fundamentally 100% recyclable, which further boosts the demand for market across consumers with environmental concerns.
Furthermore, the increasing demand for tamper-evident packaging formats during transportation coupled with the growing e-commerce will further propel the growth rate of gummed tape market. Additionally, the rising popularity of gummed tapes and the tamper-proof backing made of a tear-resistant reinforced fiber boosts the overall market growth. Gummed tapes can also tolerate extremes of heat and cold, driving market value growth. The expansion and growth of various end use industries are projected to bolster the growth of the market.
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The gummed tape market is segmented on the basis of product type, adhesive tape, backing material, type, application and oil. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- WAT Reinforced Tape
- WAT Paper Tape
- Gum side In/out
Adhesive Tape
- Hot Melt
- Rubber
- Pressure Sensitive
- Starch Adhesive
- Water Based Acrylic Adhesive
Backing Material
- Gummed Tape
- Fiber-reinforced Tape
Type
- White Gummed Tapes
- Brown Gummed Tapes
Application
- Carton Sealing
- Masking
- Bag Sealing
- Auto Packing Machine
- Strapping
- Wrapping and Decoration
- Box Sealing
- Splicing
- Others
Regions Covered in the Global Gummed Tape Market Report 2023:
? The Middle East and Africa (GCC Countries and Egypt)
? North America (the United States, Mexico, and Canada)
? South America (Brazil etc.)
? Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
? Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The key questions answered in this Gummed Tape Market Report:
- What will be the Gummed Tape Market Size and Growth Rate in the forecast year?
- What are the Key Factors driving Gummed Tape Market?
- What are the Risks and Challenges in front of the Gummed Tape Market?
- Who are the Key Vendors in Gummed Tape Market?
- What are the Trending Factors influencing the Gummed Tape Market shares?
- What are the Key Outcomes of Porter’s five forces model?
- Which are the Global Opportunities for Expanding the Gummed Tape Market?
Table of Contents
Global Gummed Tape Market Research Report 2023 – 2029
Chapter 1 Gummed Tape Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Gummed Tape Market Forecast
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-gummed-tape-market
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