Report Description
The global gummed tapes market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to product innovation, acquisition, product quality, and product offering.
Cartons sealed with gummed tape degrade at a slower rate on variation in temperature and perform better in humid environments and under low temperature in comparison with regular pressure-sensitive tapes.
Prolonged use of tape guns for sealing cartons has an adverse effect on the wrists of workers, reducing overall productivity. In contrast, gummed tape are cut easily to obtain the desired length with the use of tape dispensers. Gummed tapes are primarily used for box and carton sealing applications, as they offer strong adhesion and air-tight sealing.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing adoption of tapes with environment-friendly material is one of the major drivers that will contribute to the growth of the global gummed tapes market.
- Excellent adhesion properties over other alternatives such as pressure-sensitive tapes and BOPP tapes is augmenting the global gummed tapes market.
- New substitutes in the market such as BOPP packaging tapes and heat-activated tapes limit the widespread adoption of gummed tapes.
- The outbreak of COVID-19 affected many aspects. Several gummed tape manufacturers are assisting government and frontline workers by supplying adhesive for specialist signage and hazard warning tapes, but these products have become even more sought after.
- High initial cost of utilizing gummed tapes, the majority of which is the cost of procuring the dispenser, hinders the market sales. Plastic packing tape limits the market growth, due to its availability.
- Inexpensive cost and availability of raw materials, strong presence of local vendors, and increasing cross-border trades are boosting the market in the developing economies.
Scope of the Report
The report on the global gummed tapes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
|
Details
|
Report Title
|
Gummed Tapes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2020
|
Historic Data
|
2018–2019
|
Forecast Period
|
2021–2028
|
Segmentation
|
Types (White Gummed Tapes and Brown Gummed Tapes) and Applications (Shipping & Logistics, Building & Construction, Food & Beverages, Electricals & Electronics, Automotive, Healthcare & Hygiene, and Others)
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
Key Players Covered in the Report
|
3M Company, Intertape Polymer Group Inc, Shurtape Technologies, LLC, Loytape Industries SDN.BHD, Holland Manufacturing Co. Inc, Papertec Inc, LPS Industries, LLC, Windmill Tapes & Labels Ltd, Neubronner GmbH & Co, and Can-Do National Tape.
|
Market Segment Insights:
Brown gummed tapes segment to account a considerable market share
Based on types, the market is divided into white gummed tapes and brown gummed tapes. The demand for brown gummed tapes is increasing more than white gummed tapes owing to its wide usage in food, health care, pharmaceuticals, manufacturing, electronics, jewelry, and security industries.
Shipping & logistics segment are expected to grow at a rapid pace
Based on applications, the global gummed tapes market is divided into shipping & logistics, building & construction, food & beverages, electricals & electronics, automotive, healthcare & hygiene, and others. Demand for gummed tapes is consistently increasing from shipping and logistics industries, as these tapes offer high adhesive strength for corrugated box packaging and damage-free transportation of products. Building & construction, electrical & electronics, and automotive industries are expected to offer substantial prospects for players in the gummed tapes market.
The market in North America & Europe accounts for a large market share
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In the present scenario, North America and Europe are the epicenter of the global gummed tapes market growth. These developed regions reflect worthwhile sales opportunities, owing to the presence of industry giants and leading technology pioneers. In terms of sales and market growth rate, gummed tapes market in East Asia is projected to register an impressive CAGR during the forecast period of 2019-2028.
Segments
Segments Covered in the Report
The global gummed tapes market has been segmented on the basis of
Types
- White Gummed Tapes
- Brown Gummed Tapes
Applications
- Shipping & Logistics
- Building & Construction
- Food & Beverages
- Electricals & Electronics
- Automotive
- Healthcare & Hygiene
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
The major players of the market are 3M Company, Intertape Polymer Group Inc, Shurtape Technologies, LLC, Loytape Industries SDN.BHD, Holland Manufacturing Co. Inc, Papertec Inc, LPS Industries, LLC, Windmill Tapes & Labels Ltd, Neubronner GmbH & Co, and Can-Do National Tape.
The global gummed tapes market is dynamic in nature. 3M Company, Intertape Polymer Group Inc, and Shurtape Technologies, LLC are some of the leading manufacturers operating in the global gummed tapes market. Along with these players, Can-Do National Tape, Loytape Industries SDN.BHD, Neubronner GmbH & Co, and Ibergum, S.A. collectively hold 1/4 of the total revenue share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gummed Tapes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gummed Tapes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gummed Tapes Market - Supply Chain
4.5. Global Gummed Tapes Market Forecast
4.5.1. Gummed Tapes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gummed Tapes Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Gummed Tapes Market Absolute $ Opportunity
5. Global Gummed Tapes Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Gummed Tapes Market Size and Volume Forecast by Types
5.3.1. White Gummed Tapes
5.3.2.
Brown Gummed Tapes
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Gummed Tapes Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Gummed Tapes Market Size and Volume Forecast by Applications
6.3.1. Shipping & Logistics
6.3.2.
Building & Construction
6.3.3.
Food & Beverages
6.3.4.
Electricals & Electronics
6.3.5.
Automotive
6.3.6.
Healthcare & Hygiene
6.3.7.
Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Gummed Tapes Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Gummed Tapes Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Gummed Tapes Demand Share Forecast, 2019-2026
8. North America Gummed Tapes Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Gummed Tapes Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Gummed Tapes Market Size and Volume Forecast by Types
8.4.1. White Gummed Tapes
8.4.2.
Brown Gummed Tapes
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Gummed Tapes Market Size and Volume Forecast by Applications
8.7.1. Shipping & Logistics
8.7.2.
Building & Construction
8.7.3.
Food & Beverages
8.7.4.
Electricals & Electronics
8.7.5.
Automotive
8.7.6.
Healthcare & Hygiene
8.7.7.
Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Gummed Tapes Demand Share Forecast, 2019-2026
9. Latin America Gummed Tapes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Gummed Tapes Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Gummed Tapes Market Size and Volume Forecast by Types
9.4.1. White Gummed Tapes
9.4.2.
Brown Gummed Tapes
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Gummed Tapes Market Size and Volume Forecast by Applications
9.7.1. Shipping & Logistics
9.7.2.
Building & Construction
9.7.3.
Food & Beverages
9.7.4.
Electricals & Electronics
9.7.5.
Automotive
9.7.6.
Healthcare & Hygiene
9.7.7.
Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Gummed Tapes Demand Share Forecast, 2019-2026
10. Europe Gummed Tapes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Gummed Tapes Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Gummed Tapes Market Size and Volume Forecast by Types
10.4.1. White Gummed Tapes
10.4.2.
Brown Gummed Tapes
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Gummed Tapes Market Size and Volume Forecast by Applications
10.7.1. Shipping & Logistics
10.7.2.
Building & Construction
10.7.3.
Food & Beverages
10.7.4.
Electricals & Electronics
10.7.5.
Automotive
10.7.6.
Healthcare & Hygiene
10.7.7.
Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Gummed Tapes Demand Share Forecast, 2019-2026
11. Asia Pacific Gummed Tapes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Gummed Tapes Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Gummed Tapes Market Size and Volume Forecast by Types
11.4.1. White Gummed Tapes
11.4.2.
Brown Gummed Tapes
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Gummed Tapes Market Size and Volume Forecast by Applications
11.7.1. Shipping & Logistics
11.7.2.
Building & Construction
11.7.3.
Food & Beverages
11.7.4.
Electricals & Electronics
11.7.5.
Automotive
11.7.6.
Healthcare & Hygiene
11.7.7.
Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Gummed Tapes Demand Share Forecast, 2019-2026
12. Middle East & Africa Gummed Tapes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Gummed Tapes Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Gummed Tapes Market Size and Volume Forecast by Types
12.4.1. White Gummed Tapes
12.4.2.
Brown Gummed Tapes
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Gummed Tapes Market Size and Volume Forecast by Applications
12.7.1. Shipping & Logistics
12.7.2.
Building & Construction
12.7.3.
Food & Beverages
12.7.4.
Electricals & Electronics
12.7.5.
Automotive
12.7.6.
Healthcare & Hygiene
12.7.7.
Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Gummed Tapes Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Gummed Tapes Market: Market Share Analysis
13.2. Gummed Tapes Distributors and Customers
13.3. Gummed Tapes Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. 3M Company
13.4.2.
Intertape Polymer Group Inc
13.4.3.
Shurtape Technologies LLC
13.4.4.
Loytape Industries SDN.BHD
13.4.5.
Holland Manufacturing Co. Inc
13.4.6.
Papertec Inc
13.4.7.
LPS Industries
13.4.8.
Windmill Tapes & Labels Ltd
13.4.9.
Neubronner GmbH & Co
13.4.10.
Can-Do National Tape