Global Tear Tape Market Growth 2023-2029

Global Tear Tape Market Growth 2023-2029

Tear tape, also known as tearstrip or tear-off ribbon, is a narrow adhesive tape used to open packaging. The backing is often a narrow oriented polymer such as polypropylene but other polymers, yarns, and filaments are also used. Many tear tapes use a pressure sensitive adhesive but others have a heat-activated adhesive system.

LPI (LP Information)' newest research report, the “Tear Tape Industry Forecast” looks at past sales and reviews total world Tear Tape sales in 2022, providing a comprehensive analysis by region and market sector of projected Tear Tape sales for 2023 through 2029. With Tear Tape sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tear Tape industry.

This Insight Report provides a comprehensive analysis of the global Tear Tape 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 Tear Tape portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tear Tape market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tear Tape 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 Tear Tape.

The global Tear Tape market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Tear Tape is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Tear Tape is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Tear Tape is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Tear Tape players cover TANN GROUP, UYUMPLAST AMBALAJ, HB Fuller, Bagla Group, SPETA Ges.m.b.H., Business Tobacco Supplies, Wavelock Advanced Technology Co., Ltd, ROTOFIL srl and REXOR, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Tear Tape market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Holographic
Self-Adhesive
Heat Activate
Others

Segmentation by application
Tobacco Products
Envelopes
Corrugated Boxes
Soft Drinks
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.
TANN GROUP
UYUMPLAST AMBALAJ
HB Fuller
Bagla Group
SPETA Ges.m.b.H.
Business Tobacco Supplies
Wavelock Advanced Technology Co., Ltd
ROTOFIL srl
REXOR
ESSENTRA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tear Tape market?

What factors are driving Tear Tape market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tear Tape market opportunities vary by end market size?

How does Tear Tape 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.