Pouch Tapes Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Pouch Tapes Market grew at a CAGR of 2.8% between 2017-2021 and is estimated to be US$ 1,142.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 3.4% and is expected to reach a valuation of US$ 1,595.8 Mn by 2032 end.
Pouch tapes have been high for tacking properties and are used for documents in shipping and logistics. The demand for pouch tapes is rising as they help wrap parcels, which is essential for moisture and abrasion resistance.
ChemView Consulting has analyzed that Solar and wind energy are the most common renewable energy. The demand for healthcare and healthcare services has been a major driving factor in the global market and has offered numerous opportunities for International Pouch Tape Dispenser Market manufacturers.
Furthermore, It is extremely easy to unwind. It provides the strength and durability required to endure all of the stress through the distribution systems while using high-quality packaging tape, leading to the growth of the Global Pouch Tape Dispenser Market over the projected period.
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Segments Covered in Report
By Material Type:
By Product :
- Table Type
- Less than 5.”
- 5″ to 6.”
- Above 6″
By End User:
- Shipping and Logistics
- Food and Beverages
- Paper And Packaging Industry
- Warehouse Shipping
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Pouch Tapes Market
- Based on the Product, The handheld pouch tape dispenser is the most demanded product in the market, with the highest revenue rate during the forecasted period. It is easy to handle, portable, and lightweight to carry anywhere. The product is good quality with an attractive look ranging from black to silver matte finish.
- Based on the End User, The paper and packaging industry have the fastest-growing segment of the global market due to the advent of dispensers with a foam manage tape gun and a movable control knob, making implementing tape simpler without distress throughout the projected period.
- Based on Region, Asia Pacific will be the dominant region for the pouch tape market during the forecast period. The region acquires about 39.5% of the share. Due to an increase in shipping and logistics activity in the region, demand for pouch tapes in India and China is poised to remain intact throughout the forecast years.
Key companies covered in the market study are 3M, Irplast S.p.A., Lynx Polythene Ltd., and Flexopack Ltd.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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