"The quality and transparency maintained in the large scale Gummed Tape Market business report makes gain the trust and reliance of member companies and customers. This market research report best suits the requirements of the client. For an effectual business growth, companies must adopt market report service which has become quite vital in this rapidly changing marketplace. The report also provides list of the chief competitors and provides the strategic insights and analysis of the key factors influencing the industry. This market research report categorizes the market by companies, region, type and end-use industry. The winning Gummed Tape Market report is sure to help enhance sales and improve return on investment (ROI).
The use of well-established tools such as SWOT analysis and Porter’s Five Forces analysis are very useful in creating such superior Gummed Tape Market survey report. The report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. Gummed Tape Market report also puts light on historic data, present market trends, future products environment, marketing strategies, technological innovation, upcoming technologies, emerging opportunities, and the technical progress in the related industry.
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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.
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Market Definition
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.
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.
Table of Contents for a Gummed Tape Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Gummed Tape Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Gummed Tape Market Overview
- Gummed Tape Market Trends and Insights
- Gummed Tape Market Overview
- Gummed Tape Market Definition
- Gummed Tape Market Segmentation
- Gummed Tape Market Size and Growth Rate
- Gummed Tape Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Gummed Tape Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Gummed Tape Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Gummed Tape Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
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