Gummed Tape Market Size Expected to Acquire USD | In-depth Analysis, Global Market Share,

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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.

"Gummed Tape Market report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. And for the same, all the major topics of the market research analysis that includes market definition, market segmentation, competitive analysis, major developments in the market, and top-notch research methodology have been covered in the report. A worldwide Gummed Tape Market report leads to systematic problem analysis, model building and fact-finding for the purpose of decision-making and control in the Market of goods and services.

The winning Gummed Tape Market report keenly considers the market type, size of the organization, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa to analyse the data. Thus, this market research report encompasses various parameters of the market. The analysis and estimations carried out via Gummed Tape Market report helps to get the details about the product launches, future products, joint ventures, Market strategy, developments, mergers and acquisitions and effect of the same on sales, Market, promotions, revenue, import, export, and CAGR values.

Get a Sample PDF of Gummed Tape Market Research  @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-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.

Report Scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

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 (Paper 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)

Countries Covered

U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

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) and VITS TECHNOLOGY GMBH (Germany) among others.

Market Opportunities

  • Increasing research and development activities
  • Ongoing technological advancements
 

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.

Access Full PDF Research Report @  https://www.databridgemarketresearch.com/reports/global-gummed-tape-market

 

Table of Contents for a Gummed Tape Market Research Article:

  1. Introduction
    • Background and Overview
    • Objective of the Study
    • Scope of the Gummed Tape Market Research
  2. Methodology
    • Data Collection
    • Data Analysis
    • Research Approach
    • Sampling Techniques
    • Research Instruments
  3. Executive Summary
  4. 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
  5. Gummed Tape Market Trends and Insights
    • Emerging Technologies
    • Consumer Behavior and Preferences
    • Regulatory Landscape
    • Competitive Analysis
  6. Gummed Tape Market Segmentation
    • Product Type
    • Application
    • Region
    • End-User
    • Other Relevant Segments
  7. Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  8. Competitive Landscape
    • Gummed Tape Market Share Analysis
    • Key Players Profiles
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments

Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-gummed-tape-market

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