Published by mark itwired
Posted on July 29, 2021
Cartons sealed with gummed tape degrade at a much slower rate on variation in temperature, and perform better in humid environments and under very low temperature in comparison with regular pressure-sensitive tapes. Besides, the prolonged use of tape guns for sealing cartons has an adverse effect on the wrists of workers, reducing overall productivity. In contrast, gummed tape can be cut easily to obtain the desired length with the use of tape dispensers.
On the back of these factors, the global gummed tapes market is expected to exhibit a steady CAGR of 6.2% over 2019-2029, and is estimated to reach US$ 1.9 Bn by 2029.
Key Takeaways of Gummed Tapes Market Study
For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-2821
“Key players operating in the global gummed tapes market can gain significant profits by focusing on enhancing their market presence in untapped markets and developing countries such as China and India, attributable to increasing industrialization and cross border trade in these countries.”
Gummed Tapes Market Landscape
The gummed tapes market is highly competitive, and substantial growth is expected in next decade, attributable to the increasing adoption of tapes with environment-friendly material and excellent adhesion properties over other alternatives such as pressure-sensitive tapes and BOPP tapes.
Some of the leading manufacturers in the gummed tapes market are 3M Company, Intertape Polymer Group. Inc, Shurtape Technologies, LLC, Loytape Industries SDN.BHD., Holland Manufacturing Co. Inc., Papertec, Inc., LPS Industries, LLC, Windmill Tapes & Labels Ltd., Neubronner GmbH & Co., Can-Do National Tape, etc. FMI has identified 3M Company as a tier-I company. Product innovation and acquisition are the key strategies of this company. Tier-II companies include Polymer Group. Inc, Shurtape Technologies, LLC, and Loytape Industries SDN.BHD. Key players in the gummed tapes market are focusing on increasing their footprint in developing countries.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2821
About Gummed Tapes Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global gummed tapes market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study offers growth projections on the gummed tapes market on the basis of backing material (paper gummed tape and reinforced gummed tape), product type (white gummed tapes and brown gummed tapes), adhesive type (starch adhesives and other adhesives), application (box & carton sealing, splicing, and others}, and end use (shipping & logistics, building & construction, food & beverages, automotive, metalworking, electrical & electronics, oil & gas, healthcare & hygiene, general industries, and consumer goods), across seven key regions.
The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help
For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-2821
Explore FMI’s Extensive Coverage on the Packaging Domain
QR Code Labels Market – QR Code Labels Market: Widening Applicability in Labeling F&B Products Boosting Revenue Growth: Global Industry Analysis (2013-2018) & Opportunity Assessment (2019-2027)
Box and Carton Overwrapping Machines Market – Box and Carton Overwrapping Machines Market: Food End Use Sector to Spearhead Demand for Overwrapping Machines: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028
Box and Carton Overwrap Films Market – Box and Carton Overwrap Films Market: Preference for Packaging Solutions Offering On-Pack Promotion to Drive Growth: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028
Cartons sealed with gummed tape degrade at a much slower rate on variation in temperature, and perform better in humid environments and under very low temperature in comparison with regular pressure-sensitive tapes. Besides, the prolonged use of tape guns for sealing cartons has an adverse effect on the wrists of workers, reducing overall productivity. In contrast, gummed tape can be cut easily to obtain the desired length with the use of tape dispensers.
On the back of these factors, the global gummed tapes market is expected to exhibit a steady CAGR of 6.2% over 2019-2029, and is estimated to reach US$ 1.9 Bn by 2029.
Key Takeaways of Gummed Tapes Market Study
For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-2821
“Key players operating in the global gummed tapes market can gain significant profits by focusing on enhancing their market presence in untapped markets and developing countries such as China and India, attributable to increasing industrialization and cross border trade in these countries.”
Gummed Tapes Market Landscape
The gummed tapes market is highly competitive, and substantial growth is expected in next decade, attributable to the increasing adoption of tapes with environment-friendly material and excellent adhesion properties over other alternatives such as pressure-sensitive tapes and BOPP tapes.
Some of the leading manufacturers in the gummed tapes market are 3M Company, Intertape Polymer Group. Inc, Shurtape Technologies, LLC, Loytape Industries SDN.BHD., Holland Manufacturing Co. Inc., Papertec, Inc., LPS Industries, LLC, Windmill Tapes & Labels Ltd., Neubronner GmbH & Co., Can-Do National Tape, etc. FMI has identified 3M Company as a tier-I company. Product innovation and acquisition are the key strategies of this company. Tier-II companies include Polymer Group. Inc, Shurtape Technologies, LLC, and Loytape Industries SDN.BHD. Key players in the gummed tapes market are focusing on increasing their footprint in developing countries.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2821
About Gummed Tapes Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global gummed tapes market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study offers growth projections on the gummed tapes market on the basis of backing material (paper gummed tape and reinforced gummed tape), product type (white gummed tapes and brown gummed tapes), adhesive type (starch adhesives and other adhesives), application (box & carton sealing, splicing, and others}, and end use (shipping & logistics, building & construction, food & beverages, automotive, metalworking, electrical & electronics, oil & gas, healthcare & hygiene, general industries, and consumer goods), across seven key regions.
The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help
For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-2821
Explore FMI’s Extensive Coverage on the Packaging Domain
QR Code Labels Market – QR Code Labels Market: Widening Applicability in Labeling F&B Products Boosting Revenue Growth: Global Industry Analysis (2013-2018) & Opportunity Assessment (2019-2027)
Box and Carton Overwrapping Machines Market – Box and Carton Overwrapping Machines Market: Food End Use Sector to Spearhead Demand for Overwrapping Machines: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028
Box and Carton Overwrap Films Market – Box and Carton Overwrap Films Market: Preference for Packaging Solutions Offering On-Pack Promotion to Drive Growth: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028
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