Global Flatback Tapes Market Research Report 2023(Status and Outlook)

Global Flatback Tapes Market Research Report 2023(Status and Outlook)

Report Overview

Flatback tape are commonly used for holding, splicing, and masking applications, it offers aggressive adhesion. It is engineered for a wide range of humidity and temperature conditions and sticks to most surfaces.

Flatbacks are perfect for sealing cartons and splicing linerboards for a number of reasons. First, their distinctive brown color blends well with the brown fiberboards used for shipping boxes and storage boxes. Applying them is also easy because they unwind smoothly and you don’t need tools to cut and tear them.

Manufacturers categorize the flatback tape into three major grades: utility, medium, and premium.

Global Flatback Tapes key players include 3M, Intertape Polymer Group, Shurtape Technologies, etc. Global top 3 manufacturers hold a share over 40%.

Asia-Pacific is the largest market, with a share about 37%, followed by Europe, and North America, both have a share about 51 percent.

In terms of product, Utility Grade Flatbacks is the largest segment, with a share over 46%. And in terms of application, the largest application is Packaging & Sealing, followed by Splicing, Masking, Holding, Others.

The Global Flatback Tapes Market Size was estimated at USD 1306.00 million in 2022 and is projected to reach USD 1765.41 million by 2029, exhibiting a CAGR of 4.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Flatback Tapes 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 Flatback Tapes 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 Flatback Tapes market in any manner.

Global Flatback Tapes 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

Intertape Polymer Group

Shurtape Technologies

Tesa

Nitto

Berry Plastics

Shanghai Yongguan

Shanghai Smith Adhesive

Crown

Pro Tapes & Specialties

ECHOtape

Market Segmentation (by Type)

Utility Grade Flatbacks

Medium Grade Flatbacks

Premium Grade Flatbacks

Market Segmentation (by Application)

Food and Beverage

Apparel

Health and Personal Care

Toys

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 Flatback Tapes Market

Overview of the regional outlook of the Flatback Tapes 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