COVID-19 Impact Analysis on Strapping Tapes Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the strapping tapes market include MüRoll GmbH, Rapid Packaging Systems Ltd, 3MGlobal Packaging, Shurtape Technologies, TART, Can-Do National Tape. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The growing demand for adhesive-based packaging in automotive, medical and packaging has fueled the strapping tapes market growth. The growth in the sports industry has also boosted the market's growth. Moreover, the rise in demand for protective clothing and accessories such as military, surgical, medical, and chemical protection garments are prominently leveraging the growth of the strapping tapes market. The growth of the e-Commerce industry has further expanded the market's growth. In addition, the growing acceptance of tapes in the packaging industry, especially in the advancing nations, will further provide lucrative market opportunities for strapping tapes in the coming years. However, stringent rules and regulations by government regulations may hamper the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of strapping tapes. The growth and trends of strapping tapes industry provide a holistic approach to this study.
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Market Segmentation
This section of the strapping tapes market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Types
· Polypropylene
· Polyester
· Polyethylene
· Other
By Applications
· Food & Beverages
· Electronics
· Furniture
· Kitchen Appliances
· Automotive
· Oil & Gas
· Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Strapping Tapes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The sealing & strapping packaging tapes market size was estimated at USD 17.37 billion in 2018 and is projected to reach USD 22.07 billion by 2023 at a CAGR of 4.89%.
Furthermore, the market is estimated at USD 17.38 billion for the consumption of 35.61 billion square meters in 2018 and is projected to reach 43.92 billion square meters by 2023 at a CAGR of 4.28%, in terms of volume.♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136369024Key Market PlayersAvery Dennison Corporation (US), 3M Company (US), Nitto Denko Corporation (Japan), Intertape Polymer Group (Canada), Tesa SE (Germany).Recent DevelopmentsIn November 2018, Intertape Polymer Group acquired the control of a 29% stake for USD 9.9 Million in Powerband (India).
Acquiring a controlling interest in Powerband in 2016 provided the company with additional capacity for acrylic carton-sealing tapes in a low-cost manufacturing region to export these competitively-priced tape products to North America and Europe.
Since then, having the overseas asset has enabled IPG to expand its market share in North America and negotiate better terms on raw materials for the US production of similar packaging tapes.In September 2018, Scapa acquired Systagenix Wound Management Manufacturing Limited (US).
With this acquisition, both the companies entered into an exclusive five-year manufacturing & supply agreement.
With this acquisition, the company would be able to strengthen its product portfolio and cater to the increasing demand, thereby growing its geographic penetration.♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136369024Critical questions the report answers:What are the upcoming trends in the aftermarket?
The Report Titled “Sealing & Strapping Packaging Tapes Market Report 2020, Competitive Landscape, Trends, and Opportunities” offers an in-depth assessment of the market by looking at the Market Growth, Drivers, Challenges, Opportunities, and Trends for the market to help the readers understand the overall scenario of the Sealing & Strapping Packaging Tapes industry.
The Sealing & Strapping Packaging Tapes Market report takes a holistic approach to the market and gives market insights, historical analysis, and verifiable projections pertaining to the market size in the forecast duration.
The estimations derived in this report are deduced by employing precise analytical tools, research methodologies, estimates, and reliable data sources.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Read more at: https://www.reportsanddata.com/report-detail/sealing-and-strapping-packaging-tapes-market The Sealing & Strapping Packaging Tapes market intelligence study includes a separate section dedicated to crucial parameters like the pricing structure of vital feedstock and value chain analysis, along with the study of major suppliers of the raw materials.
In market segmentation by manufacturers, the report covers the following companies -3M Company, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group PLC, Intertape Polymer Group, Inc., Wuhan Huaxia Nanfeng Adhesive Tapes, Nichiban Co. Ltd, Mactac, LLC., and CCT Tapes.
For a number of us who like physical activity to keep fit or possibly for professional needs, Sprained ankles, muscular injury or tissue injuries are simply but a few risks we can bump into.
The finest athletic tape is all you want for sustaining your muscles safe.
It's prepared of cotton that is elastic so letting freedom of movement.
For fear that of any swelling, it must be kept in control and make sure blood flow is correct.Where to buy strapping tapeIt's available in a selection of models within sports wholesale and it works magic.
A superior tape must eliminate moisture and allow superior air circulation.
Moreover, guarantee you buy one outfitted of cotton.
