Global Flatback Tapes Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Flatback Tapes Industry Forecast” looks at past sales and reviews total world Flatback Tapes sales in 2022, providing a comprehensive analysis by region and market sector of projected Flatback Tapes sales for 2023 through 2029. With Flatback Tapes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flatback Tapes industry.
This Insight Report provides a comprehensive analysis of the global Flatback Tapes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flatback Tapes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flatback Tapes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flatback Tapes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flatback Tapes.
The global Flatback Tapes market size is projected to grow from US$ 1332.4 million in 2022 to US$ 1821 million in 2029; it is expected to grow at a CAGR of 1821 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Flatback Tapes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Utility Grade Flatbacks
Medium Grade Flatbacks
Premium Grade Flatbacks
Segmentation by application
Splicing
Packaging & Sealing
Masking
Holding
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Intertape Polymer Group
Shurtape Technologies
Tesa
Nitto
Berry Plastics
Shanghai Yongguan
Shanghai Smith Adhesive
Crown
Pro Tapes & Specialties
ECHOtape
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flatback Tapes market?
What factors are driving Flatback Tapes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flatback Tapes market opportunities vary by end market size?
How does Flatback Tapes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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