Global Packing Cloth Tape Market 2019 Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast 2025

Packing Cloth Tape Market:

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Executive Summary

Packing cloth tapes are basically an adhesive tape, mostly rubber-based adhesive, on a cloth carrier that is used for packaging purposes to seal boxes and containers. The tape is more sturdy and reliable when compared to the plastic film adhesive tapes. The stronger option would be filament tapes made from fibers. But cloth tapes gives the most flexibility and work efficiently in most conditions. These also require less unwinding force and are easy to use by hand or a tape dispenser.

Based on the data contained in the report, the global packing cloth tape market stood at a value of US$590 million in the year 2018 and is expected to reach US$810 million by the end of the forecast period 2019-25, growing at a steady CAGR of 4.0%. The growth of the packing cloth tape is mainly boosted by the growth of the complementary end-user industries and demand sectors. The development in the technology for both, product enhancement as well as the production techniques have impacted the market in a large way.

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The global packing cloth tape market report gives the market overview with the current scenario, size, status, and prospects. The manufacturing cost structure as well as the raw materials, suppliers, production, and industry chain analysis have been included in the scope of the market survey. The major manufacturers and key player profiles are also given in this report. The production sites, area served, market concentration degree and other such key indicators have been studied regarding each company. The trend analysis and recent developments mentioned in this report help give a better understanding of the market.

Market key player

3M, Nitto Denko, Avery Dennison, tesa SE, Henkel, Berry Plastics, Intertape Polymer, LINTEC Corporation, Achem Technology Corporation, Yonghe Adhesive Products, Winta, Yongle Tape, JinghuaTape, Luxking Group, Shushi Group, Yongguan, Camat

Market Segmentation

The segments of the global market based on the product type would include White, Black, Silver, Blue, Red, Yellow, and Green packing cloth tapes. The growth rate and consumption level of each of these segments have been studied in a comparative manner. The other segmentation would be based on the application. The segments of the market include those products used for packaging boxes of light and heavy objects and those that are used for identification marks and packaging. The market factors affect each of these segments in different ways. The demand for the products, based on the requirements, drive the submarkets in this particular industry.

Regional Analysis

The market analysis done based on the geographical segmentation includes production by regions, revenue, and consumption. The key regions in this section of the packing cloth tape market report are North America, Europe, China, Japan, Southeast Asia, and India. The socio-economic factors affecting this particular market have been studied for each of the above regions. The other markers and key market indicators include the capacity, apparent consumption, and the import and export volume and value. The new developments, expansions, acquisitions, and agreements in these regions have also been covered. The analysis regarding each of the regions and submarkets include the factors driving and inhibiting the growth.

Industry News

In recent times, the automobile industry has begun using packing cloth tapes that are capable of providing heat and abrasion protection while also having the flexibility. The car manufacturing involves a wire harness and the industrial-grade cloth tapes are being used to hold and insulate all the loose wires in all the internal components of a car to ensure safety. Tesa Tape, Inc. and Scapa have started the production and supply of these tapes that have an abrasion level of Class D tapes.

Continuous…

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