Global Kraft Paper Tape Market, By Product (Specialty Tapes, Packaging Tapes, Paper Reinforced Tapes), Adhesive (Rubber Based Adhesive, Acrylic Adhesive, Silicone Adhesive), Adhesive Coating Side (Single Coated Tapes, Double Coated Tapes), End Users (Aerospace, Electrical and Electronics, Automotive, Food Industries, Cosmetic and Personal Care Industries, Architecture and Construction Industries, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Kraft Paper Tape Market
The kraft paper tape market is expected to witness market growth at a rate of approximately 6.70% in the forecast period of 2021 to 2028. Data Bridge Market Research report on kraft paper tape market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The high demand for lightweight packaging across various industries is escalating the growth of kraft paper tape market.
Kraft paper tape refers to a double-sided flatback paper tape which is highly versatile and possesses super-aggressive adhesion. These tapes are extensively used in various industries for several applications such as laminating, mounting, splicing, holding and fastening.
The increase in demand for kraft paper tapes owing to their packaging time efficiency since they are easy to stick on cartons without curling is acting as the major driving factor for the kraft paper tape market. The rise in need for high cross-directional strength in order to have tamper-free transportation of goods boosts the kraft paper tape market. The increase in demand for the product because of its eco-friendly nature as it is manufactured with no harmful solvent and cost-effectiveness for manufacturing processes propels the kraft paper tape market growth. The availability of these tapes in numerous widths, easy to stick property with no requirement of curling and strong holding power accelerates their demand. Additionally, the increase in use of kraft paper tapes for storing food products at cryogenic temperatures as they resist the low temperature and their extensive utilization in electric and electronics sector positively affect the kraft paper tape market. Furthermore, the expansion of logistics and exports industry and rise in the global trade of consumer electronics and electrical devices extend profitable opportunities to the kraft paper tape market players in the forecast period of 2021 to 2028.
On the other hand, the higher cost when compared with other tapes and application only on paper surface are the factors expected to obstruct the kraft paper tape market growth. The concerns regarding their stretching ability and discoloration due to the use of natural raw materials are factors projected to challenge the kraft paper tape market in the forecast period of 2021-2018.
This kraft paper tape market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on kraft paper tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Kraft Paper Tape Market Scope and Market Size
The kraft paper tape market is segmented on the basis of product, adhesive, adhesive coating side and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the kraft paper tape market is segmented into specialty tapes, packaging tapes and paper reinforced tapes.
- On the basis of adhesive, the kraft paper tape market is segmented into rubber based adhesive, acrylic adhesive and silicone adhesive.
- On the basis of adhesive coating side, the kraft paper tape market is segmented into single coated tapes and double coated tapes.
- On the basis of end users, the kraft paper tape market is segmented into aerospace, electrical and electronics, automotive, food industries, cosmetic and personal care industries, architecture and construction industries and others.
Global Kraft Paper Tape Market Country Level Analysis
Global kraft paper tape market is analyzed and market size, volume information is provided by country, product, adhesive, adhesive coating side and end users as referenced above.
The countries covered in the kraft paper tape market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the kraft paper tape market due to the high consumption of these tapes in various applications and increasing preference for the products over other tapes by industries.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Kraft Paper Tape Market Share Analysis
Kraft paper tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to kraft paper tape market.
The major players covered in the kraft paper tape market report are Shurtape Technologies, LLC, NITTO DENKO CORPORATION, Berry Global Inc., Intertape Polymer Group, Can-Do National Tape, PPM Industries SpA, Pro Tapes & Specialties, Inc., ADH TAPE, Atlas Tapes S.A., Tuftape, 3M, AVERY DENNISON CORPORATION, tesa SE, Henkel AG & Co. KGaA, LINTEC Corporation, ACHEM, SHUSHI GROUP CO.,LTD, SHANGHAI YONGGUAN ADHESIVE PRODUCTS CORP.,LTD, Ajit Industries Pvt. Ltd., Fujian Jialong Adhesive Tape Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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