Gummed Tapes Comprehensive Study by By Backing Material (Paper Gummed Tape, Fiber-reinforced Tape), Product Type (White Gummed Tapes, Brown Gummed Tapes), Adhesive Type (Starch Adhesives, Other Adhesives), Application (Box & Carton Sealing, Splicing), End Use & Region - Forecast to 2021 - 2031
The gummed tapes market size is expected to increase at ~6.2% CAGR during the assessment period (2021-2031). A new forecast on gummed tapes market predicts the sales to nearly double between 2021 and 2031.
According to the study, the demand for fiber reinforced gummed tapes outpaced the sales of paper gummed tapes, with the demand increasing by 4x in 2020. In 2021, Europe remained at the forefront in terms of market share, contributing nearly 25% of demand share. However, with increasing production of gummed tapes in China and Japan, the East Asia market is expected to grow by 7.8% YoY in 2021.
2015-2020 Gummed Tapes Market Outlook Compared to 2021-2031 Forecast
Sales of gummed tapes are expected to surge owing to the increasing demand for enhanced sealing and strong adhering properties as compared to the traditional gluing tapes. Gummed tapes demand is projected to rise at ~6% CAGR from 2021 to 2031 in comparison to the 5% CAGR registered from 2015 to 2020
According to the study, in terms of product type, brown gummed tapes are expected to capture the majority of the market share. Sales for these tapes is expected to increase owing to the high strength as compared to the white gummed tape.
Also, the brown gummed tapes are made naturally with plant-based adhesives and kraft paper which is recyclable and are an eco-friendly option for tapes. These gummed tapes can be easily recycled with paper boxes and other corrugated boxes.
Hence, the easy application and removal of the tape, which is time saving as compared to the manual glue application tapes, is expected to improve the demand for gummed tapes over the forthcoming decade.
Moreover, these tapes are used in diverse end-use industries such as shipping & logistics, food & beverages, electrical & electronics, automotive, and others for packaging of various products and goods.
As per the study, gummed tapes made using backing material such as paper gummed tape and fiber reinforced tape are gaining immense popularity. Among which, the fiber reinforced gummed tapes are highly durable and easy to apply as compared to the paper gummed tape.
On the back of these aforementioned factors, these tapes are commonly used in sealing and packaging of the high duty boxes and cartons, splicing and various other applications. Subsequently, end users are trying to increase their production capacity along with expansion of their product portfolio to serve the market to cover the losses incurred during the pandemic.
Overall, the market of gummed tapes is expected to witness immense growth on the back of various benefits offered by gummed tapes such as, better product representation, increased product safety owing to the strong adherence over the products.
How Is Expansion of Shipping And Logistics Industry Shaping the Gummed Tapes Market
Gummed tapes are applied over the carton boxes and other corrugated boxes which provides an exceptional product security and safety as compared to the traditional gummed tapes. Hence, products and goods are packed in corrugated boxes are often sealed with gummed tapes.
They are also widely preferred by various industries such as food & beverages, shipping & logistics, and building & construction. For enhanced product safety and security, the sensitive and bulky products are packed in the corrugated boxes and are sealed with the gummed tapes in shipping and logistics industry.
Gummed tapes are highly preferred in the food & beverages industry, especially in the packaging of the corrugated boxes and other related paper boxes as they provide aesthetic look to the container and improves appearance of the product. Hence demand in diverse industries will support the sales of gummed tapes in the coming years.
Why Is The U.S. Gummed Tapes Market Considered Lucrative
The U.S. is estimated to remain the most lucrative market in North America. As per the study, the U.S. is expected to hold around 75% of the market share, registering a CAGR of 4.5% between 2021 and 2031.
Growth in the country is attributable to the expansion of shipping & logistics and food & beverages industries. Also, increasing demand for gummed tapes from food & beverages industry to seal the containers with enhanced product safety and security is creating remunerative growth avenues for the market players in the U.S.
Why Is Demand For Gummed Tapes Increasing In Italy
As per the study, Italy will dominate the Europe gummed tapes market owing to the presence of some of the key manufacturers. Increasing focus on product development and investment towards research & development activities to develop sustainable gummed tapes is boosting the market.
According to FIPAGO Natural Paper Tape, an international association operating in Europe, gummed tapes have improved sticking ability, tamper-evident qualities, are odorless and have enhanced hygiene with 100% recyclability.
Hence, increasing production and demand for gummed tapes on the back of these qualities will fuel the growth in the Italy market. As per the study, Italy is anticipated to contribute over 20% of the overall sales by 2031 in the Europe market.
How Big Is The Germany Gummed Tapes Market
Germany is expected to create an incremental opportunity of ~US$ 40 Mn by the end of 2031. Sales in Germany are expected to surge owing to the excellent recyclable properties of the gummed tapes coupled with increasing demand from food & beverage industry.
Expansion of shipping & logistics sector in Germany is estimated to create growth opportunities for gummed tapes during the forecasted period.
According to the AFERA, Europe ranks among one the top leaders in terms of the adhesive tapes production by volume. With presence of leading players in Europe and expansion adhesive tapes industry will create Germany a lucrative pocket for gummed tapes market.
Why Are Fiber Reinforced Gummed Tapes Most Preferred
Based on the backing material, the fiber reinforced gummed tapes segment is expected to dominate the market, accounting for 4/5th of the market share by the end of 2031. It is expected to create an incremental opportunity of ~US$ 860 Mn during the forecast period.
Attributes such as high durability and convenience during the application of these gummed tapes will fuel the growth in the segment.
Besides this, fiber reinforced gummed tapes have enhanced mechanical strength in comparison to paper gummed tapes. However, due to their high cost, the sales of fiber reinforced gummed tapes might get hampered to an extent.
Which Are Sales Of Brown Gummed Tapes Increasing
Based on product type, the brown gummed tape segment is expected to remain dominant in the global market. As per the study, demand for brown gummed tapes is poised to register robust growth at a CAGR of 6.0%, holding around 3/4th of the market share by the end of 2031.
Brown gummed tapes are naturally manufactured from the plants and can be recycled, resulting in reduced environmental pollution. These tapes are the sustainable alternative for packaging of corrugates boxes, also termed as “green boxes”.
Hence, the innovative food-grade and brown gummed tapes are gaining worldwide popularity, offering immense growth opportunities to the key players in the global gummed tapes market.
Which Is The Chief Application In Gummed Tapes Market
In terms of application, the box & carton sealing segment followed by splicing are anticipated to be the primary applications in gummed tapes market. The box & carton sealing segment is projected to hold around 83% of the market share during the assessment period.
Who Is The Leading End User Of Gummed Tapes
By end-use industry, the shipping & logistics segment is estimated to lead, followed by the food & beverages segment. The shipping & logistics segment is projected to create an incremental opportunity of ~US$ 130 Mn between 2021 and 2031.
Demand in the food & beverages segment is projected to expand by 1.7x by the end of 2031.
Competitive Landscape
Key manufacturers operating in gummed tapes market are focusing on increasing their production capacity. They are also increasing research & development activities to meet the increasing demand from food & beverages, shipping & logistics, automobiles, and building & construction industries.
tier-1 players are adopting inorganic expansion strategies such as the acquisition of small or local players and thereby expanding the product portfolio. Meanwhile, the other market players are improving their product portfolio to cater to the growing demand for sustainable gummed tapes.
For instance,
• In September 2021, Ajit Industries Private Limited (AIPL) announced the launch of new range of tapes which are made from biodegradable and recyclable materials. The product range includes self-adhesive tapes, water-activated kraft paper tapes, etc.
In June 2020, Irplast developed a removable gummed pvc-free tape as floor tape, in covid-19 emergency, which is a removable floor-applied warning tape and designed to delimit specific areas to guarantee social distancing.
Key Companies Profiled
3M Company
Intertape Polymer Group Inc.
Shurtape Technologies LLC
Holland Manufacturing Co., Inc.
Loytape Industries Sdn Bhd
Papertec, Inc.
LPS Industries, LLC.
LPS Industries, LLC.
Windmill Tapes & Labels Ltd.
Neubronner GmbH & Co. KG
Maxfel Srl
Can-Do National Tape
Suzhou Tongxie Adhesive Tape Co.
Ibergum S.A.
Waterproof Corporation Pvt. Ltd.
Gummed Tapes Market by Category
By Backing Material:
• Paper Gummed Tapes
• Fiber Reinforced Gummed Tapes
By Product Type:
• White Gummed Tapes
• Brown Gummed Tapes
By Adhesive Type:
• Starch Adhesives
• Other Adhesives
By Application:
• Box & Carton Sealing
• Splicing
• Others
By End Use:
• Shipping & Logistics
• Building & Construction
• Food & Beverages
• Electrical & Electronics
• Automotive
• Healthcare & Hygiene
• Metalworking
• Oil & Gas
• General Industries
• Consumer Goods
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)
1. Executive Summary
1.1. Global Market Outlook
1.2. Market Analysis
2. Market Overview
2.1. Market Definition/Scope/Limitations
2.2. Market Coverage/Taxonomy
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Innovation/Development Trends
4. Key Success Factors
1. Product Adoption/Usage Analysis
2. Product USPs / Features
5. Global Gummed Tapes Market Demand Analysis 2014 - 2020 and Forecast, 2021 - 2031
5.1. Historical Market Volume (Mn. Sq. M) Analysis, 2014 - 2020
5.2. Current and Future Market Volume (Mn. Sq. M) Projections, 2021 – 2031
5.3. Y-o-Y Growth Trend Analysis
6. Global Gummed Tapes Market - Pricing Analysis
6.1. Regional Pricing Analysis, by Backing Type
6.2. Pricing Break-up
6.3. Global Average Pricing Analysis Benchmark
7. Global Gummed Tapes Market Demand (in Value or Size in US$ Mn) Analysis 2014 - 2020 and Forecast, 2021 - 2031
7.1. Historical Market Value (US$ Mn) Analysis, 2014 - 2020
7.2. Current and Future Market Value (US$ Mn) Projections, 2021 - 2031
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Global Packaging Market Outlook
8.2. Global Flexible Packaging Market Outlook
8.3. Global Adhesive Tapes Market Outlook
8.4. Global Logistics and Transportation Market Outlook
8.5. Global Food and Beverages Market Outlook
8.6. Macro-Economic Factors
8.6.1. Global Economic Outlook
8.6.2. GDP (Nominal) Country-wise Outlook
8.6.3. COVID-19 Impact
8.6.4. Per Capita Consumption of Packaging Formats
8.6.5. Manufacturing value Added
8.6.6. Industrialization 4.0
8.7. Forecast Factors - Relevance & Impact
8.7.1. Microeconomic and Macroeconomic outlook
8.7.2. Global Adhesive Tape Market Growth
8.7.3. Production of Gummed Tapes, by each Region
8.7.4. Flexible packaging market growth
8.7.5. Plastic production by Regions
8.7.6. Per Capita Expenditure on packaging by Regions
8.8. Value Chain
8.8.1. Key Participants
8.8.1.1. Raw Material Suppliers
8.8.1.2. Gummed Tapes Manufacturers
8.8.1.3. Distributors
8.8.1.4. End Users
8.8.2. Profitability Margin
8.9. Market Dynamics
8.9.1. Drivers
8.9.2. Restraints
8.9.3. Opportunity Analysis
9. Impact of Covid-19
9.1. Current Statistics and Probable Future Impact
9.2. Impact of COVID-19 on Gummed Tapes Market
10. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by Backing Material
10.1. Introduction/Key Findings
10.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Backing Material, 2014 - 2020
10.3. Current and Future Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, and Forecast, by Backing Material, 2021 - 2031
10.3.1. Paper Gummed Tapes
10.3.2. Fiber Reinforced Gummed Tapes
10.4. Market Attractiveness Analysis, by Backing Material
11. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by Product Type
11.1. Introduction/Key Findings
11.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Product Type, 2014 - 2020
11.3. Current and Future Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis and Forecast, by Product Type, 2021 - 2031
11.3.1. White Gummed Tapes
11.3.2. Brown Gummed Tapes
11.4. Market Attractiveness Analysis, by Product Type
12. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by Adhesive Type
12.1. Introduction/Key Findings
12.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Adhesive Type, 2014 - 2020
12.3. Current and Future Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis and Forecast, by Adhesive Type, 2021 - 2031
12.3.1. Starch Adhesives
12.3.2. Other Adhesives
12.4. Market Attractiveness Analysis, by Adhesive Type
13. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by Application
13.1. Introduction/Key Findings
13.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Application, 2014 - 2020
13.3. Current and Future Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis and Forecast, by Application, 2021 - 2031
13.3.1. Box & Carton Sealing
13.3.2. Splicing
13.3.3. Others
13.4. Market Attractiveness Analysis, by Application
14. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by End Use
14.1. Introduction/Key Findings
14.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by End Use, 2014 - 2020
14.3. Current and Future Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis and Forecast, by End Use, 2021 - 2031
14.3.1. Shipping & Logistics
14.3.2. Building & Construction
14.3.3. Food & Beverages
14.3.4. Electrical & Electronics
14.3.5. Automotive
14.3.6. Healthcare & Hygiene
14.3.7. Metalworking
14.3.8. Oil & Gas
14.3.9. General Industrial
14.3.10. Consumer Goods
14.4. Market Attractiveness Analysis, by End Use
15. Global Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031, by Region
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Region, 2014 - 2020
15.3. Current Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis and Forecast, by Region, 2021 - 2031
15.3.1. North America
15.3.2. Latin America
15.3.3. Europe
15.3.4. South Asia
15.3.5. East Asia
15.3.6. Oceania
15.3.7. Middle East and Africa (MEA)
15.4. Market Attractiveness Analysis, by Region
16. North America Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
16.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
16.3.1. By Country
16.3.1.1. U.S.
16.3.1.2. Canada
16.3.2. By Backing Material
16.3.3. By Product Type
16.3.4. By Adhesive Type
16.3.5. By Application
16.3.6. By End Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Backing Material
16.4.3. By Product Type
16.4.4. By Adhesive Type
16.4.5. By Application
16.4.6. By End Use
16.5. Key Market Participants - Intensity Mapping
17. Latin America Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
17.1. Introduction
17.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
17.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
17.3.1. By Country
17.3.1.1. Brazil
17.3.1.2. Mexico
17.3.1.3. Argentina
17.3.1.4. Rest of Latin America
17.3.2. By Backing Material
17.3.3. By Product Type
17.3.4. By Adhesive Type
17.3.5. By Application
17.3.6. By End Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Backing Material
17.4.3. By Product Type
17.4.4. By Adhesive Type
17.4.5. By Application
17.4.6. By End Use
17.5. Key Market Participants - Intensity Mapping
18. Europe Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
18.1. Introduction
18.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
18.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
18.3.1. By Country
18.3.1.1. Germany
18.3.1.2. Italy
18.3.1.3. France
18.3.1.4. U.K.
18.3.1.5. Spain
18.3.1.6. BENELUX
18.3.1.7. Russia
18.3.1.8. Poland
18.3.1.9. Nordic
18.3.1.10. Rest of Europe
18.3.2. By Backing Material
18.3.3. By Product Type
18.3.4. By Adhesive Type
18.3.5. By Application
18.3.6. By End Use
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Backing Material
18.4.3. By Product Type
18.4.4. By Adhesive Type
18.4.5. By Application
18.4.6. By End Use
18.5. Key Market Participants - Intensity Mapping
19. South Asia Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
19.1. Introduction
19.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
19.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
19.3.1. By Country
19.3.1.1. India
19.3.1.2. Thailand
19.3.1.3. Indonesia
19.3.1.4. Malaysia
19.3.1.5. Rest of South Asia
19.3.2. By Backing Material
19.3.3. By Product Type
19.3.4. By Adhesive Type
19.3.5. By Application
19.3.6. By End Use
19.4. Market Attractiveness Analysis
19.4.1. By Country
19.4.2. By Backing Material
19.4.3. By Product Type
19.4.4. By Adhesive Type
19.4.5. By Application
19.4.6. By End Use
19.5. Key Market Participants - Intensity Mapping
20. East Asia Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
20.1. Introduction
20.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
20.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
20.3.1. By Country
20.3.1.1. China
20.3.1.2. Japan
20.3.1.3. South Korea
20.3.2. By Backing Material
20.3.3. By Product Type
20.3.4. By Adhesive Type
20.3.5. By Application
20.3.6. By End Use
20.4. Market Attractiveness Analysis
20.4.1. By Country
20.4.2. By Backing Material
20.4.3. By Product Type
20.4.4. By Adhesive Type
20.4.5. By Application
20.4.6. By End Use
20.5. Key Market Participants - Intensity Mapping
21. Oceania Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
21.1. Introduction
21.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
21.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
21.3.1. By Country
21.3.1.1. Australia
21.3.1.2. New Zealand
21.3.2. By Backing Material
21.3.3. By Product Type
21.3.4. By Adhesive Type
21.3.5. By Application
21.3.6. By End Use
21.4. Market Attractiveness Analysis
21.4.1. By Country
21.4.2. By Backing Material
21.4.3. By Product Type
21.4.4. By Adhesive Type
21.4.5. By Application
21.4.6. By End Use
21.5. Key Market Participants - Intensity Mapping
22. Middle East and Africa Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
22.1. Introduction
22.2. Historical Market Size (US$ Mn) and Volume (Mn. Sq. M) Analysis, by Market Taxonomy, 2014 - 2020
22.3. Market Size (US$ Mn) and Volume (Mn. Sq. M) Forecast, by Market Taxonomy, 2021 - 2031
22.3.1. By Country
22.3.1.1. GCC Countries
22.3.1.2. Northern Africa
22.3.1.3. South Africa
22.3.1.4. Rest of Middle East and Africa
22.3.2. By Backing Material
22.3.3. By Product Type
22.3.4. By Adhesive Type
22.3.5. By Application
22.3.6. By End Use
22.4. Market Attractiveness Analysis
22.4.1. By Country
22.4.2. By Backing Material
22.4.3. By Product Type
22.4.4. By Adhesive Type
22.4.5. By Application
22.4.6. By End Use
22.5. Key Market Participants - Intensity Mapping
23. Country wise Analysis Gummed Tapes Market Analysis 2014 - 2020 and Forecast 2021 - 2031
23.1. India Gummed Tapes Market Analysis
23.1.1. Introduction
23.1.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.1.2.1. By Backing Material
23.1.2.2. By Product Type
23.1.2.3. By Adhesive Type
23.1.2.4. By Application
23.1.2.5. By End Use
23.2. Mexico Gummed Tapes Market Analysis
23.2.1. Introduction
23.2.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.2.2.1. By Backing Material
23.2.2.2. By Product Type
23.2.2.3. By Adhesive Type
23.2.2.4. By Application
23.2.2.5. By End Use
23.3. U.S. Gummed Tapes Market Analysis
23.3.1. Introduction
23.3.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.3.2.1. By Backing Material
23.3.2.2. By Product Type
23.3.2.3. By Adhesive Type
23.3.2.4. By Application
23.3.2.5. By End Use
23.4. Canada Gummed Tapes Market Analysis
23.4.1. Introduction
23.4.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.4.2.1. By Backing Material
23.4.2.2. By Product Type
23.4.2.3. By Adhesive Type
23.4.2.4. By Application
23.4.2.5. By End Use
23.5. Germany Gummed Tapes Market Analysis
23.5.1. Introduction
23.5.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.5.2.1. By Backing Material
23.5.2.2. By Product Type
23.5.2.3. By Adhesive Type
23.5.2.4. By Application
23.5.2.5. By End Use
23.6. France Gummed Tapes Market Analysis
23.6.1. Introduction
23.6.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.6.2.1. By Backing Material
23.6.2.2. By Product Type
23.6.2.3. By Adhesive Type
23.6.2.4. By Application
23.6.2.5. By End Use
23.7. Italy Gummed Tapes Market Analysis
23.7.1. Introduction
23.7.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.7.2.1. By Backing Material
23.7.2.2. By Product Type
23.7.2.3. By Adhesive Type
23.7.2.4. By Application
23.7.2.5. By End Use
23.8. Spain Gummed Tapes Market Analysis
23.8.1. Introduction
23.8.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.8.2.1. By Backing Material
23.8.2.2. By Product Type
23.8.2.3. By Adhesive Type
23.8.2.4. By Application
23.8.2.5. By End Use
23.9. Russia Gummed Tapes Market Analysis
23.9.1. Introduction
23.9.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.9.2.1. By Backing Material
23.9.2.2. By Product Type
23.9.2.3. By Adhesive Type
23.9.2.4. By Application
23.9.2.5. By End Use
23.10. U.K. Gummed Tapes Market Analysis
23.10.1. Introduction
23.10.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.10.2.1. By Backing Material
23.10.2.2. By Product Type
23.10.2.3. By Adhesive Type
23.10.2.4. By Application
23.10.2.5. By End Use
23.11. Nordics Gummed Tapes Market Analysis
23.11.1. Introduction
23.11.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.11.2.1. By Backing Material
23.11.2.2. By Product Type
23.11.2.3. By Adhesive Type
23.11.2.4. By Application
23.11.2.5. By End Use
23.12. Thailand Gummed Tapes Market Analysis
23.12.1. Introduction
23.12.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.12.2.1. By Backing Material
23.12.2.2. By Product Type
23.12.2.3. By Adhesive Type
23.12.2.4. By Application
23.12.2.5. By End Use
23.13. Indonesia Gummed Tapes Market Analysis
23.13.1. Introduction
23.13.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.13.2.1. By Backing Material
23.13.2.2. By Product Type
23.13.2.3. By Adhesive Type
23.13.2.4. By Application
23.13.2.5. By End Use
23.14. Malaysia Gummed Tapes Market Analysis
23.14.1. Introduction
23.14.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.14.2.1. By Backing Material
23.14.2.2. By Product Type
23.14.2.3. By Adhesive Type
23.14.2.4. By Application
23.14.2.5. By End Use
23.15. China Gummed Tapes Market Analysis
23.15.1. Introduction
23.15.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.15.2.1. By Backing Material
23.15.2.2. By Product Type
23.15.2.3. By Adhesive Type
23.15.2.4. By Application
23.15.2.5. By End Use
23.16. Japan Gummed Tapes Market Analysis
23.16.1. Introduction
23.16.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.16.2.1. By Backing Material
23.16.2.2. By Product Type
23.16.2.3. By Adhesive Type
23.16.2.4. By Application
23.16.2.5. By End Use
23.17. South Korea Gummed Tapes Market Analysis
23.17.1. Introduction
23.17.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.17.2.1. By Backing Material
23.17.2.2. By Product Type
23.17.2.3. By Adhesive Type
23.17.2.4. By Application
23.17.2.5. By End Use
23.18. GCC Countries Gummed Tapes Market Analysis
23.18.1. Introduction
23.18.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.18.2.1. By Backing Material
23.18.2.2. By Product Type
23.18.2.3. By Adhesive Type
23.18.2.4. By Application
23.18.2.5. By End Use
23.19. Australia Gummed Tapes Market Analysis
23.19.1. Introduction
23.19.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.19.2.1. By Backing Material
23.19.2.2. By Product Type
23.19.2.3. By Adhesive Type
23.19.2.4. By Application
23.19.2.5. By End Use
23.20. New Zealand Gummed Tapes Market Analysis
23.20.1. Introduction
23.20.2. Market Volume (Mn. Sq. M) and Value (US$ Mn) Analysis and Forecast, by Market Taxonomy
23.20.2.1. By Backing Material
23.20.2.2. By Product Type
23.20.2.3. By Adhesive Type
23.20.2.4. By Application
23.20.2.5. By End Use
24. Market Structure Analysis
24.1. Market Analysis, by Tier of Companies (Gummed Tapes)
24.2. Market Share Analysis of Top Players
25. Competition Analysis
25.1. Competition Dashboard
25.2. Key Market Participants – Product & Intensity Mapping
25.3. Competition Deep Dive
25.3.1. 3M Company
25.3.1.1. Overview
25.3.1.2. Product Portfolio
25.3.1.3. Profitability by Market Segments (Product/Channel/Region)
25.3.1.4. Financial Overview
25.3.1.5. Sales Footprint
25.3.1.6. Strategy Overview
25.3.1.6.1. Marketing Strategy
25.3.1.6.2. Product Strategy
25.3.1.6.3. Channel Strategy
25.3.2. Holland Manufacturing Co. Inc.
25.3.2.1. Overview
25.3.2.2. Product Portfolio
25.3.2.3. Profitability by Market Segments (Product/Channel/Region)
25.3.2.4. Financial Overview
25.3.2.5. Sales Footprint
25.3.2.6. Strategy Overview
25.3.2.6.1. Marketing Strategy
25.3.2.6.2. Product Strategy
25.3.2.6.3. Channel Strategy
25.3.3. Intertape Polymer Group Inc
25.3.3.1. Overview
25.3.3.2. Product Portfolio
25.3.3.3. Profitability by Market Segments (Product/Channel/Region)
25.3.3.4. Financial Overview
25.3.3.5. Sales Footprint
25.3.3.6. Strategy Overview
25.3.3.6.1. Marketing Strategy
25.3.3.6.2. Product Strategy
25.3.3.6.3. Channel Strategy
25.3.4. Shurtape Technologies LLC
25.3.4.1. Overview
25.3.4.2. Product Portfolio
25.3.4.3. Profitability by Market Segments (Product/Channel/Region)
25.3.4.4. Financial Overview
25.3.4.5. Sales Footprint
25.3.4.6. Strategy Overview
25.3.4.6.1. Marketing Strategy
25.3.4.6.2. Product Strategy
25.3.4.6.3. Channel Strategy
25.3.5. Loytape Industries SDN.BHD.
25.3.5.1. Overview
25.3.5.2. Product Portfolio
25.3.5.3. Profitability by Market Segments (Product/Channel/Region)
25.3.5.4. Financial Overview
25.3.5.5. Sales Footprint
25.3.5.6. Strategy Overview
25.3.5.6.1. Marketing Strategy
25.3.5.6.2. Product Strategy
25.3.5.6.3. Channel Strategy
25.3.6. Papertec, Inc.
25.3.6.1. Overview
25.3.6.2. Product Portfolio
25.3.6.3. Profitability by Market Segments (Product/Channel/Region)
25.3.6.4. Financial Overview
25.3.6.5. Sales Footprint
25.3.6.6. Strategy Overview
25.3.6.6.1. Marketing Strategy
25.3.6.6.2. Product Strategy
25.3.6.6.3. Channel Strategy
25.3.7. LPS Industries, LLC
25.3.7.1. Overview
25.3.7.2. Product Portfolio
25.3.7.3. Profitability by Market Segments (Product/Channel/Region)
25.3.7.4. Financial Overview
25.3.7.5. Sales Footprint
25.3.7.6. Strategy Overview
25.3.7.6.1. Marketing Strategy
25.3.7.6.2. Product Strategy
25.3.7.6.3. Channel Strategy
25.3.8. Windmill Tapes & Labels Ltd.
25.3.8.1. Overview
25.3.8.2. Product Portfolio
25.3.8.3. Profitability by Market Segments (Product/Channel/Region)
25.3.8.4. Financial Overview
25.3.8.5. Sales Footprint
25.3.8.6. Strategy Overview
25.3.8.6.1. Marketing Strategy
25.3.8.6.2. Product Strategy
25.3.8.6.3. Channel Strategy
25.3.9. Neubronner GmbH & Co.
25.3.9.1. Overview
25.3.9.2. Product Portfolio
25.3.9.3. Profitability by Market Segments (Product/Channel/Region)
25.3.9.4. Financial Overview
25.3.9.5. Sales Footprint
25.3.9.6. Strategy Overview
25.3.9.6.1. Marketing Strategy
25.3.9.6.2. Product Strategy
25.3.9.6.3. Channel Strategy
25.3.10. Maxfel Srl
25.3.10.1. Overview
25.3.10.2. Product Portfolio
25.3.10.3. Profitability by Market Segments (Product/Channel/Region)
25.3.10.4. Financial Overview
25.3.10.5. Sales Footprint
25.3.10.6. Strategy Overview
25.3.10.6.1. Marketing Strategy
25.3.10.6.2. Product Strategy
25.3.10.6.3. Channel Strategy
25.3.11. Can-Do National Tape
25.3.11.1. Overview
25.3.11.2. Product Portfolio
25.3.11.3. Profitability by Market Segments (Product/Channel/Region)
25.3.11.4. Financial Overview
25.3.11.5. Sales Footprint
25.3.11.6. Strategy Overview
25.3.11.6.1. Marketing Strategy
25.3.11.6.2. Product Strategy
25.3.11.6.3. Channel Strategy
25.3.12. Suzhou Tongxie Adhesive Tape Co
25.3.12.1. Overview
25.3.12.2. Product Portfolio
25.3.12.3. Profitability by Market Segments (Product/Channel/Region)
25.3.12.4. Financial Overview
25.3.12.5. Sales Footprint
25.3.12.6. Strategy Overview
25.3.12.6.1. Marketing Strategy
25.3.12.6.2. Product Strategy
25.3.12.6.3. Channel Strategy
25.3.13. Ibergum, S.A
25.3.13.1. Overview
25.3.13.2. Product Portfolio
25.3.13.3. Profitability by Market Segments (Product/Channel/Region)
25.3.13.4. Financial Overview
25.3.13.5. Sales Footprint
25.3.13.6. Strategy Overview
25.3.13.6.1. Marketing Strategy
25.3.13.6.2. Product Strategy
25.3.13.6.3. Channel Strategy
25.3.14. Waterproof Corporation Pvt Ltd.
25.3.14.1. Overview
25.3.14.2. Product Portfolio
25.3.14.3. Profitability by Market Segments (Product/Channel/Region)
25.3.14.4. Financial Overview
25.3.14.5. Sales Footprint
25.3.14.6. Strategy Overview
25.3.14.6.1. Marketing Strategy
25.3.14.6.2. Product Strategy
25.3.14.6.3. Channel Strategy
26. Assumptions and Acronyms Used
27. Research Methodology
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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