Global Carrier Tape Market Research Report 2023(Status and Outlook)

Global Carrier Tape Market Research Report 2023(Status and Outlook)

Report Overview

Carrier Tape is a supplementary product for the electronic packaging industry. The tapes are mainly used as protective packages for electronic components, integrated circuits, and other devices. The tape serves as not only a package but also a protecting layer that prevents electronic devices from physical and electrostatic discharge damages during outbound shipping and inbound storage.

Carrier Tape is mainly used by electronic components such as integrated circuits, resistor, capacitor, transistor, etc. During the packaging process, electronic devices are packed in a specially designed cavity on the tape. The carrier tape is then enclosed by a top and a bottom cover tape which then stores the tape in a reel. In that way, the entire structure prevents electronic devices from being polluted during transportation and storage. When the tape arrives at factories or assembly lines, automatic machines pull out electronic devices by locating the round sprocket holes on the tape.

3M, ZheJiang Jiemei and Advantek captured the top three revenue share spots in the Carrier Tape market in 2019. 3M dominated with 26 percent revenue share, followed by ZheJiang Jiemei and Advantek with 15.78 percent and 11.73 percent revenue share, respectively.

The Global Carrier Tape Market Size was estimated at USD 723.20 million in 2022 and is projected to reach USD 1059.02 million by 2029, exhibiting a CAGR of 5.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Carrier Tape market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Carrier Tape Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Carrier Tape market in any manner.

Global Carrier Tape Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

3M

ZheJiang Jiemei

Advantek

Shin-Etsu

Lasertek

U-PAK

ROTHE

C-Pak

Oji F-Tex Co., Ltd.

Accu Tech Plastics

Asahi Kasei

ACTECH

Ant Group (Acupaq)

Advanced Component Taping

Argosy Inc.

Market Segmentation (by Type)

Paper Core Carier Tape

Plastic Core Carier

Market Segmentation (by Application)

Infrastructure

Construction

Mining

Manufacturing

Oil & Gas

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Carrier Tape Market

Overview of the regional outlook of the Carrier Tape Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors