Press release
Kraft Paper Tape Market Sees 5.5% CAGR Growth with Rising Demand from Diverse Industries, Dominant North American Presence Noted from 2018-2028
The Kraft Paper Tape market is anticipated to experience significant growth between 2018-2028, with a projected CAGR of 5.5%, according to a recent publication by Dataintelo. This high potential expansion is attributed to the escalating demand for Kraft paper tapes across several end-use industries, including packaging, clothing processing, among others. The report also forecasts that the water-free Kraft paper tape will dominate the market during the assessment period, owing to its sophisticated properties such as moisture resistance and high adhesive strength, making it an indispensable asset across various industries. Regionally, North America stood out in the research, as it was estimated to hold a prominent share of the Kraft paper tape market in 2018๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/203546
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The kraft paper tape market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Water-free Kraft Paper Tape
โ Wet Kraft Paper Tape
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Package
โ Clothing Processing
โ Others
๐๐๐ก๐๐ฌ๐ข๐ฏ๐
โ Natural Rubber
โ Acrylic
โ Silicone
๐๐ก๐ข๐๐ค๐ง๐๐ฌ๐ฌ
โ Up to 100 GSM
โ 101-200 GSM
โ Above 200 GSM
๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
โ Packaging
โ Textile
โ Manufacturing
โ Construction
โ Retail
โ E-commerce
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ 3M Nitto Denko Avery Dennison Tesa SE Henkel Berry Plastics Intertape Polymer LINTEC Corporation Achem Technology Corporation Yonghe Adhesive Products Winta Yongle Tape JinghuaTape Shushi Group Yongguan
The Kraft paper tape market can be analyzed based on numerous segments such as type, application, adhesive, thickness, end-use industry, and key players. The types of Kraft paper tapes vary and include those that do not require water for their applications, known as water-free Kraft paper tape, and those that do require water, known as wet Kraft paper tape. The applications for these tapes are diverse and range from packaging and clothing processing to various other sectors. In terms of adhesive, Kraft paper tapes use different kinds like natural rubber, acrylic, and silicone. Another segment is by the thickness that ranges up to 100 GSM, 101-200 GSM, and above 200 GSM. The end-use industry of these tapes could be in packaging, textile, manufacturing, construction, retail, e-commerce sectors. Notably, the key players in the Kraft paper tape market include names such as 3M, Nitto Denko, Avery Dennison, Tesa SE, Henkel, Berry Plastics, Intertape Polymer, LINTEC Corporation, and others.
Meanwhile, the regional analysis for the Kraft paper tape market can be portioned into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Each of these regions present unique market dynamics influenced by factors such as local industrial development, cultural factors, economic conditions, and regional infrastructure. The Asia Pacific region is of particular interest due to rapid industrial growth and manufacturing advancements. North America and Europe also hold a significant share of the market due to the presence of numerous industries and the increasing demand for sustainable packaging. Latin America and the Middle East & Africa, though still emerging markets, show promising growth potential due to increasing economic growth and development and the expansion of the retail and e-commerce sectors in these regions. Overall, these regional markets are influenced by the strategic operations of key players like Achem Technology Corporation, Yonghe Adhesive Products, and JinghuaTape among others
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/203546
Market Drivers for Kraft Paper Tape:
1. Environmental Concerns: Due to increasing awareness of environmental concerns, there is a growing demand for eco-friendly packaging materials. Kraft paper tape is biodegradable, making it a sustainable alternative to traditional packaging tapes.
2. Diverse Applications: Kraft paper tape has diverse industrial applications such as in packaging, binding, sealing, etc., which boosts its demand in various sectors such as food & beverage, e-commerce, retail, etc.
3. Growth in E-commerce: The growth of the e-commerce industry is leading to an increased demand for packaging materials, including kraft paper tape, driving the market growth.
4. Regulations on Plastic: Government regulations on the reduction of plastic usage are driving the demand for alternative packaging materials like kraft paper tape.
Opportunities for Kraft Paper Tape Market:
1. Expansion in Emerging Markets: Emerging markets such as Asia-Pacific and Central & South America are experiencing rapid urbanization and industrialization, providing ample opportunities for the expansion of the kraft paper tape market.
2. Development of Innovative Products: There is an opportunity for companies to develop innovative, high-performance kraft paper tapes that cater to the specific needs of various industries.
3. Growth in the Logistics and Shipping Industry: With the growth in logistics and shipping industries, the need for packaging materials is also increasing, presenting an opportunity for the kraft paper tape market.
4. Increase in Online Purchasing: The increase in online purchasing due to the Covid-19 pandemic has resulted in an increase in demand for packaging materials, providing a growth opportunity for the kraft paper tape market
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/203546
Who Should Buy This Report:
1. Strategy planners who facilitate data driven decisions making to gain competitive advantage and drive business growth.
2. Companies, institutions, and organizations directly associated with the industry or market that the report covers.
3. Business Development Managers who need to understand the on-going market trends, emerging market opportunities to expand their business.
4. Investors and venture capitalists who are searching for potential investment opportunities within specific markets.
5. Marketing and Sales Managers to understand the customer needs better and develop marketing strategies accordingly.
6. Start-ups, SMEs, and large corporations who are looking to explore new markets or want to evaluate their presence in the existing market.
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