Press release
How Education Industry Going to Uproot Glue Tape Market Demand Through 2031 ?
Packaging Sector Likely to Augment Glue Tape SalesPackaging sector demand is increasing rapidly with an increase in online shopping and a trend of good packaging to increase the customer experience. The Packaging sector is a growing sector as every product nowadays has packaging.
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Glue tape sales in the packaging industry are growing as these tapes is very useful in the packaging industry. For instance, in gift packaging and adding custom labels just before delivering the parcel to customers, could utilize these these tapes. Besides, its sales will further increase as the quality of glue increases during the forecast period.
The US Glue Tape Market Outlook
The US is experiencing a strong demand outlook from the education sector for these tapes. US is a country with the best infrastructure and demand is likely to rise as schools start giving projects.
The US has vaccinated most of the population and even mask are not necessary at many places in the US which shows the economy has revived back to normal after the pandemic. The opening of schools and colleges are increasing demand for these tapes. Project-based learning in the US has increased the demand for these tapes in US and the demand is further expected to increase during the forecast period.
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Europe Demand Outlook for Glue Tape Market
Europe has a developed economy with a proper supply chain and a lot of stationary delivering platforms everywhere in the country. The glue tape market is a consolidated market with only a few dominant players present in the market.
The education sector will provide tremendous growth opportunity for these tapes sales during the forecast period. It is also used to stick balloons in school functions and by students during art and craft classes.
The Packaging industry will see a boost in the demand for these tapes as there will be an increase in online shopping in Europe which will lead to more usage of these tapes. Additionally, Russia will lead the market in terms of increase in sales of these tapes during the forecast period.
Who are the Key Manufacturers and Suppliers of Glue Tape Market?
Some of the leading manufacturers and suppliers of the market are
Tombo
3M
Full mark
Staples
Ad-tech
Others
Many leading manufacturers and suppliers have longstanding contracts with end-users which help the manufacturers and suppliers mutually.
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Many top manufactures are expanding both organically and inorganically. The demand for these tapes will increase as the paperboard and packaging sector grows. Top manufacturers are collaborating with leading raw material manufacturers to make economical glue tape.
Key Segments
By size
½ inch
¼ inch
1inch
1/3 inch
others
By End-user
Education sector
Packaging sector
Automobile sector
Others
By Sales Channel
Offline
Convenience Stores
Supermarkets & Hypermarket
Retailers & Wholesalers
Other Distribution channels
Online
Direct Sales
E-Commerce Sales
By Region
North America
US & Canada
Latin America
Brazil
Mexico
Argentina & Rest of Latin America
Europe
Germany
France
Italy
Spain
U.K.
Benelux
Russia
Rest of Europe
East Asia
China
Japan
South Korea
South Asia
India
Thailand
Malaysia
Indonesia
Rest of South Asia
Oceania
Australia
New Zealand
Middle East and Africa
GCC Countries
Turkey
South Africa
Rest of Middle East & Africa
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