Global Gummed Tape Market is valued at USD 1243.6 Million in 2021 and is expected to reach USD 1882.3 Million by 2028 with a CAGR of 6.1% over the forecast period.
Global Gummed Tape Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2022-2028- Rising use of gummed tapes in the logistics and shipping industry and the eco-friendly features of gummed tapes are some of the major factors driving the growth of the Global Gummed Tape Market.
Gummed Tapes have water-stimulated adhesive systems and maybe reinforced for additional strength and are also known as water tape or water-activated tape. Gummed tapes are normally used for reinforcing and repairing documents and books, art projects and decorating, and finishing and sealing packages. Gummed tapes are biodegradable and fundamentally, 100% recyclable, which creates them a perfect environmental-friendly substitute for standard packing tape. Gummed tapes are used throughout several industries such as; shipping and logistics, food and beverages, oil and gas, electrical and electronics, and many more. Superieur Verpakkingen established trading in the 1930s making gummed paper tape.
The Covid-19 pandemic has triggered severe impacts on the economy worldwide at numerous levels and which can be also seen in the packaging industry as well. Conversely, gummed tapes are broadly used in the packaging industry for various purposes. Accordingly, the booming market of the gummed tapes industry shown a steep decline in sales throughout the lockdown period due to the closure of the manufacturing units, critical shortage in the supply of raw materials, and the absence of potential manpower.
The global gummed tape market is segmented based on backing material, product type, adhesive type, applications, end-users, and region & country level. Based on backing material, the global gummed tapes market is divided into paper gummed tapes and fiber reinforced gummed tapes. Based product type, the global gummed tapes market is distributed into white gummed tapes and brown gummed tapes. On the basis of adhesive type, the global gummed tapes market is distributed into starch adhesives and other adhesives. Based on applications, the global gummed tapes market is divided into box & carton sealing, splicing, and others. Based end-users, the global gummed tapes market is divided into shipping & logistics, building & construction, food & beverages, electrical & electronics, automotive, healthcare & hygiene, metalworking, oil & gas, general industries, and consumer goods.
The regions covered in this global gummed tape market report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of global gummed tape is subdivided into the U.S., Canada, Brazil, Mexico, Germany, U.K., France, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Some of the key players for global Gummed Tape are
On March 12th, 2021- BDK Industrial Products Ltd., the UK-based specialized adhesive tape converter is becoming part of prominent water-based adhesive tapes producer ATP Adhesive Systems Group based in Switzerland. The combination supported the market position of both companies and permitted to provide broader range of the solutions to their customers.
Along with a growing preference for gummed tapes in the logistics and shipping industry, the demand for box packaging is mounting significantly. This is one of the significant factors which is boosting the growth in the global gummed tapes market. Overall, the logistics and transportation sector across the world is intensively reaching its highest peak. For example; in the U.S., nearly 6,800 organizations deliver public transportation. In addition, Americans took almost 9.9 billion trips on public transportation in 2019. Growing transportation of goods requires the packaging of boxes and many more things. To achieve this, gummed tapes are hugely used in the logistic industry. As a consequence, the soaring logistics and transportation sector is eventually enhancing the market value for gummed tapes all over the world.
In addition, gummed tapes are recyclable & eco-friendly, and this factor is substantially propelling the gummed tapes market growth. Gummed paper tapes have become enormously popular in current years owing to their outstanding features. A study of Brandessence Market Research analysts showed that gummed tapes are biodegradable and 100% recyclable, which creates it a seamless environmental-friendly substitute to standard packing tape. Gummed tapes are produced from transparent cellulose film, which is a wood-based product of redeveloped wood pulp. The tape goes on clear, non-static, and tears simply by hand when necessary. For example; in Australia and New Zealand, most gummed tapes are prepared from Polypropylene film (plastic) and most packaging is applied to boxes, the mainstream of which is recycled. As acceptance of certification for biodegradability and compostability is rising, ecofriendly products including gummed tapes are achieving greater demand all over the world. As these changes, manufacturability advance, the occurrence of eco-friendly materials will upsurge in the future, positively reducing the detrimental impact on the environment. Hence, these features of gummed tapes are generating more demand for them and booming the market worldwide.
However, fiber-reinforced gummed tapes have improved mechanical strength. Owing to their high cost, the sales of the fiber-reinforcing gummed tapes might get hindered. Despite this, the development of the shipping & logistics sector across the world is projected to offer more growth opportunities for the further growth of the global gummed tapes market.
On a geographical basis, North America is expected to dominate the global gummed tapes market owing to recent developments and presence of large number of players in this region. A large number of major players such as 3M, Intertape Polymer Group Inc, Shurtape Technologies, and many more are present in the U.S. who are generating more revenue in gummed tapes market. Soaring product launches, mergers, and acquisitions, among many companies, are intensively propelling the gummed tape market growth in this region. For example; Shurtape Technologies designed the GP 100 medium-duty grade gum paper tape which is for light- to medium-weight packaging applications.
The Asia Pacific is the fastest-growing region all over the global gummed tapes due to the increasing e-commerce industry across many Asian countries. The number of online shoppers in China, Japan, and India has been growing exponentially. In China, the digital buyer penetration rate has edged close to 57% by 2021. To boot, the digital commerce sphere has reached almost 330 million buyers online by 2020. By keeping the above statistics in mind, it is concluded that the e-commerce industry is dynamically enhancing which is further augmenting the need for transportation. Prominently, the consumption of gummed tape is hugely used in the transportation sector. As a consequence, the widely expanding e-commerce industry in this region is making the Asia Pacific the fastest-growing market for gummed tapes.
Middle East and Africa
|2015 - 2020
|2021 - 2028
|Market Size in 2021:
|USD 1243.6 Million
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 1882.3 Million
|Tables, Charts & Figures:
|Gummed Tape Manufacturers
|Holland Manufacturing Co., Inc., Neubronner GmbH & Co. KG, Loytape Industries Sdn Bhd, Ibergum S.A., Papertec, Inc. 3M Company, Intertape Polymer Group Inc., Shurtape Technologies LLC, Windmill Tapes & Labels Ltd., LPS Industries, LLC., Maxfel Srl, Waterproof Corporation Pvt. Ltd., others.
|By Backing Material, By Product Type, By Adhesive Type, By Application, By End-Use
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
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