Filament Tapes Market, by Filament Type (Single Sided Tapes, and Double Sided Tapes), by Backing Adhesive Type (Plastic Film, Paper, Fabric, and Foam), by Adhesive Type (Rubber Based, Acrylic Based, and Hot Melt Adhesive), by Width (12mm, 18mm, 24mm, 36mm, 48mm, 72mm, and Others), By Application (Bundling, Strapping, Carton Sealing, Sealing, and Others), By End-use (Building & Construction, Food & Beverages, Electrical & Electronics, Automotive, Healthcare & Hygiene, Printing, Metalworking, Oil & Gas, General Industrial and Consumer Goods) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Filament tapes is a pressure sensitive tape which is used for several packaging functions such as closing corrugated fiberboard boxes, building items and reinforcing packages. It is primarily used as a packaging adhesive for sealing heavy weight boxes or materials. The tape is most often used as a closure for corrugated boxes such as a full overlap box and final panel box.
Market Dynamics
Rising packaging industry driving the global filament tape market during forecaste period. According to India Brand Equity Foundation (IBEF), India packaging industry is expected to reach US$ 204.8 billion by 2025 from US$ 50.5 billion in 2021 at 26.7% annually.
Rising production of bio-based adhesives tapes materials by the manufacturer is projected to hinder the market growth of filament because bio-based adhesives require high-capital and this could act as a challenge to the market of filament tapes. Moreover, decreasing the profitability margin of filament tapes manufacturer due to intense competition among producers for low-cost products is also protected to restraint the market growth of filament tapes over the forecast period.
North America region accounted for significant market share in the global filament tapes market owing to rising demand for high-quality sealing and tensile strength packaging during transportation. Filament tapes helps for protecting the product from UV rays and moisture is expected to serve as a driving factor to the market growth of filament tapes. These are the factors driving North America filament tapes market.
Key features of the study:
This report provides in-depth analysis of filament tapes market, and provides market size (US$ Million and Million Square Meter) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global filament tapes market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include 3M Company, Intertape Polymer Corp, Inc, Tesa Tape Inc., Canadian Technical Tape, Ltd, Saint-Gobain Performance Plastics, Krush Adhesive Tape, Inc., Sekisui TA Industries, LLC, Pro Tapes & Specialties Inc., and PPM INDUSTRIES S.P.A..
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global filament tapes market report caters to various stakeholders in this industry including investors, suppliers, filament tapes manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global filament tapes market
Detailed Segmentation:
Global Filament Tapes Market, By Filament Type:
Single Sided Tapes
Double Sided Tapes
Global Filament Tapes Market, By Backing Adhesive Type:
Plastic Film
Paper
Fabric
Foam
Global Filament Tapes Market, By Adhesive Type:
Rubber Based
Acrylic Based
Hot Melt Adhesive
Global Filament Tapes Market, By Width:
12 mm
18 mm
24 mm
36 mm
48 mm
72 mm
Others
Global Filament Tapes Market, By Application:
Bundling
Strapping
Insulation
Carton Sealing
Sealing
Others
Global Filament Tapes Market, By End-use:
Building & Construction
Food & Beverages
Electrical & Electronics
Automotive
Healthcare & Hygiene
Printing
Metalworking
Oil & Gas
General Industrial
Consumer Goods
Global Filament Tapes Market, By Region:
North America
U.S.
Canada
Europe
U.K.
Italy
France
Germany
Spain
Russia
Asia Pacific
China
India
Japan
ASEAN
Australia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Middle East
Africa
Company Profiles
3M Company *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Intertape Polymer Corp, Inc.
Tesa Tape Inc.
Canadian Technical Tape, Ltd.
Saint-Gobain Performance Plastics
Krush Adhesive Tape, Inc.
Sekisui TA Industries, LLC
Pro Tapes & Specialties Inc.
PPM INDUSTRIES S.P.A.
“*” marked represents similar segmentation in other categories in the respective section.
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