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1031842

Global Paper Tape Market - 2021-2028

Published: | DataM Intelligence | 180 Pages | Delivery time: 2 business days

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Global Paper Tape Market - 2021-2028
Published: October 11, 2021
DataM Intelligence
Content info: 180 Pages
Delivery time: 2 business days
  • Description
  • Table of Contents

Market Overview

The global Paper Tape market size was worth US$ YY million in 2020 and is estimated to reach US$ YY million by 2028, growing at a CAGR of YY % during the forecast period (2021-2028).

Paper tape is a sequential data storage medium that was employed in early communications and computing systems. It is sluggish, has a low capacity and is sequential. The data is stored on the paper tape as punched hole patterns, with data represented by the lack or presence of holes at certain locations.

Special tape reading and writing systems were used to write and store the data. It was widely used for teleprinter communication in the early twentieth century and the computing world in the 1950s and 1960s. Paper tape is no longer widely used. Perforated paper tape is another name for paper tape.

Market Dynamics

Various applications across various industries drive the global paper tapes market. For instance, rising demand for surgical paper tapes in healthcare and pharmaceutical sectors will aid the expansion of the market and its new outdoor applications.

Demand from the automotive industry has emerged as a major growth driver

The automotive industry has been steadily expanding. One of the primary drivers enabling growth in this sector is customers' increased interest in automotive modification. Paper tapes are used in a variety of ways to customize a vehicle. Masking, spray painting, varnishing, sealing and other techniques are among them. After surface painting, these tapes provide exceptional surface protection and a clean paint line. Surface protection has aided the car industry's expansion. The increased demand for masking tapes in this industry is expected to boost the market's growth.

Paper tapes' outdoor applications are growing

A major development driver has been demand from the logistics and retail sectors. Previously, plastic tapes were utilized in these industries, but as people become more aware of the dangers that plastic waste poses to the environment, paper tapes are becoming more popular. Paper tapes are also considered more environmentally friendly for outdoor applications, which has aided the market's growth in the construction and logistics industries. Paper tapes are frequently utilized during paint projects to achieve the greatest precision, especially at sharp edges.

Covid-19 Impact Analysis

The Covid-19 problem is unprecedented and it is currently unfolding daily. The downturn in end-use industries such as logistics, building and construction and automotive has created issues across many industries and led to a reduction in demand for paper tapes. Furthermore, due to delays in raw material deliveries, the slowdown in the paper industry had a direct influence on the manufacture of paper tapes. Transportation restrictions imposed during the early stages of Covid-19 resulted in a lack of raw materials, hurting production across numerous industries and, as a result, a drop in demand for paper tapes.

Segment Analysis

By Product, the paper tape market is classified into masking tape, packaging tape and others.

The global paper tape market is likely to be dominated by masking tape.

The masking tape segment is expected to maintain its dominance in terms of product type during the projection period. Growth in this section of the market is enabled by the expansion of the building and construction sector. Masking tapes are generally used in the construction industry for painting. Masking tapes are also being used during painting, dent repairs and other vehicle manufacturing and repair activities, offering new growth potential.

By adhesive, the paper tape market is classified into rubber-based adhesive, acrylic-based adhesive and silicon-based adhesive.

Easy sticking ability of the rubber-based adhesive category

The rubber-based adhesive sector has the largest market share in terms of adhesive type. Rubber-based adhesives are the most popular adhesive type because of their ability to stick quickly to various surfaces and their ease of removal. The automobile industry's rise, which is increasingly using these tapes in place of mechanical fasteners to reduce vehicle weight, is one of the primary drivers of the rubber-based adhesive segment.

By application, the paper tape market comprises five categories: masking, labeling, packaging, sealing and others.

Packaging category to lead the market

The packaging segment leads the market in terms of application. The segment's growth is expected to continue during the forecast period, owing to the rising demand for protective eco-friendly packaging solutions across a variety of end-use sectors. Following packing, the sealing and bundling industries are expected to increase significantly throughout the projected period.

Geographical Analysis

North America holds the largest market share global paper tape market

North America, led by the United States, ranks second in market share in the worldwide paper tapes market. North America dominates the healthcare business. As a result, the region's growth is fueled by the region's expanding need for paper tapes in the healthcare business. The building industry in the region is growing at a steady pace, increasing the demand for paper tapes.

Governments in the region are continually launching aeronautical initiatives. For example, the Solar Orbiter project is a next-generation solar-observing satellite that will provide unprecedented data of the solar system and images of the sun's poles while researching the heliosphere.

Competitive Landscape

The worldwide Paper Tape market is highly consolidated. Key players operating in the global market for Paper Tape include 3M Company, Intertape Polymer Group Inc., Berry Global Inc., Shurtape Technologies, LLC, Atlas Tapes S.A., Advance Tapes International, Alpha Packaging, Inc, O.Berk Company, LLC, C.L. Smith, Aaron Packaging Inc. and Bolex.

Shurtape Technologies, LLC:

  • Overview: Shurtape Technologies, LLC is a producer of adhesive tape, consumer home and office products, with facilities in the U.S., UK, Germany, Mexico, Peru, United Arab Emirates, China and Australia. DIY, home products, industrial/MRO, building and construction, packaging, HVAC, professional paint, automotive, marine, aerospace, arts and entertainment, graphic arts, sound control, medical and retail are the markets served by its subsidiaries. Additionally, customized adhesive solutions are available.
  • Product Portfolio: Duck, FrogTape, Painter's Mate, Shurtape, T-REX and Kip are some of their well-known brand names.
  • Key Developments: Shurtape Technologies, LLC introduced the new Shurtape brand AP 201 colors production-grade acrylic packaging tape in 2021, which is designed to help all industries quickly and easily identify the contents of sealed cartons. Shurtape brand AP 201 Colors are available in blue, green, red, yellow and orange and are designed to endure various situations and temperatures. It's the perfect packaging tape for companies that need to demarcate sealed containers of various produced items, such as seasonal products, pharmaceuticals, general consumer goods, food products and more.

Why Purchase the Report?

  • Visualize the composition of the paper tape segmentation by product, adhesive, application, feature and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in paper tape by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of paper tape - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global paper tape report would provide access to an approx. 65 market data table, 63 figures and 180 pages.

Target Audience

  • Raw Material Provider
  • Paper Tapes Manufacturers
  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Packaging Industry
Product Code: DMPAC4117

Table of Contents

1. Global Paper Tape Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Paper Tape Market - Market Definition and Overview

3. Global Paper Tape Market - Executive Summary

  • 3.1. Market Snippet by Product
  • 3.2. Market Snippet by Adhesive
  • 3.3. Market Snippet by Application
  • 3.4. Market Snippet by Feature
  • 3.5. Market Snippet by Region

4. Global Paper Tape Market-Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
      • 4.1.1.1. The demand from the automotive sector.
      • 4.1.1.2. Paper Tape's outdoor applications are growing.
    • 4.1.2. Restraints
      • 4.1.2.1. XX
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Paper Tape Market - Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Supply Chain Analysis
  • 5.3. Pricing Analysis
  • 5.4. Regulatory Analysis

6. Global Paper Tape Market - Covid-19 Analysis

  • 6.1. Analysis of Covid-19 on the Market
    • 6.1.1. Before Covid-19 Market Scenario
    • 6.1.2. Present Covid-19 Market Scenario
    • 6.1.3. After Covid-19 or Future Scenario
  • 6.2. Pricing Dynamics Amid Covid-19
  • 6.3. Demand-Supply Spectrum
  • 6.4. Government Initiatives Related to the Market During Pandemic
  • 6.5. Manufacturers Strategic Initiatives
  • 6.6. Conclusion

7. Global Paper Tape Market - By Product

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 7.1.2. Market Attractiveness Index, By Product
  • 7.2. Masking Tape*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 7.3. Packaging Tape
  • 7.4. Others

8. Global Paper Tape Market - By Adhesive

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 8.1.2. Market Attractiveness Index, By Adhesive
  • 8.2. Rubber-based Adhesive*
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 8.3. Acrylic-based Adhesive
  • 8.4. Silicon-based Adhesive

9. Global Paper Tape Market - By Application

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 9.1.2. Market Attractiveness Index, By Application
  • 9.2. Masking*
    • 9.2.1. Introduction
    • 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 9.3. Packaging
  • 9.4. Sealing
  • 9.5. Labeling
  • 9.6. Others

10. Global Paper Tape Market - By Feature

  • 10.1. Introduction
    • 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature
    • 10.1.2. Market Attractiveness Index, By Feature
  • 10.2. Single-sided*
    • 10.2.1. Introduction
    • 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 10.3. Double-sided

11. Global Paper Tape Market - By Region

  • 11.1. Introduction
  • 11.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 11.3. Market Attractiveness Index, By Region
  • 11.4. North America
    • 11.4.1. Introduction
    • 11.4.2. Key Region-Specific Dynamics
    • 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature
    • 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 11.4.7.1. U.S.
      • 11.4.7.2. Canada
      • 11.4.7.3. Mexico
  • 11.5. Europe
    • 11.5.1. Introduction
    • 11.5.2. Key Region-Specific Dynamics
    • 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature
    • 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 11.5.7.1. Germany
      • 11.5.7.2. UK
      • 11.5.7.3. France
      • 11.5.7.4. Italy
      • 11.5.7.5. Spain
      • 11.5.7.6. Rest of Europe
  • 11.6. South America
    • 11.6.1. Introduction
    • 11.6.2. Key Region-Specific Dynamics
    • 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature
    • 11.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 11.6.7.1. Brazil
      • 11.6.7.2. Argentina
      • 11.6.7.3. Rest of South America
  • 11.7. Asia-Pacific
    • 11.7.1. Introduction
    • 11.7.2. Key Region-Specific Dynamics
    • 11.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 11.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 11.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 11.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature
    • 11.7.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 11.7.7.1. China
      • 11.7.7.2. India
      • 11.7.7.3. Japan
      • 11.7.7.4. Australia
      • 11.7.7.5. Rest of Asia-Pacific
  • 11.8. The Middle East and Africa
    • 11.8.1. Introduction
    • 11.8.2. Key Region-Specific Dynamics
    • 11.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 11.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Adhesive
    • 11.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 11.8.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Feature

12. Global Paper Tape Market - Competitive Landscape

  • 12.1. Competitive Scenario
  • 12.2. Market Positioning/Share Analysis
  • 12.3. Mergers and Acquisitions Analysis

13. Global Paper Tape Market - Company Profiles

  • 13.1. 3M Company
    • 13.1.1. Company Overview
    • 13.1.2. Product Portfolio and Description
    • 13.1.3. Key Highlights
    • 13.1.4. Financial Overview
  • 13.2. Intertape Polymer Group Inc.,
  • 13.3. Berry Global Inc.
  • 13.4. Shurtape Technologies, LLC
  • 13.5. Atlas Tapes S.A.
  • 13.6. Advance Tapes International
  • 13.7. Alpha Packaging, Inc.
  • 13.8. O.Berk Company, LLC
  • 13.9. Bolex

14. LIST NOT EXHAUSTIVE

15. Global Paper Tape Market - Premium Insights

16. Global Paper Tape Market - DataM

  • 16.1. Appendix
  • 16.2. About Us and Services
  • 16.3. Contact Us