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Popularity Of Extreme Sports Fueling The Growth Of The Market Due To Increasing Demand For Stability And Control: A Key Driver Powering Grip Tape Market Growth In 2025
Grip Tape
What Is the Current Grip Tape Market Size and Its Estimated Growth Rate?
In recent times, there has been robust growth in the size of the grip tape market. It is projected to expand from a market worth of $0.55 billion in 2024 to $0.59 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.3%. Factors such as increased involvement in sports, growth in the number of do-it-yourself projects, the increase in skateboard culture, the broadening of industrial applications, and the need for highly durable materials have contributed significantly to the growth experienced during the historical period.
Strong growth is anticipated in the grip tape market size over the coming years, with a projected increase to $0.81 billion in 2029 at a Compounded Annual Growth Rate (CAGR) of 8.1%. This growth during the forecast period is mainly due to factors such as the surge in popularity of e-sports and extreme sports, increased demand for personalized grip tapes, the expansion in its use within medical scenarios, a burgeoning construction sector, and the rise in personal protective equipment. Top trends for the forecast period include a move towards eco-friendly, biodegradable materials, novel developments in non-slip coatings, the wider use of wearable technology, the incorporation of smart adhesives, as well as advancements in adhesive technology.
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How Are Emerging Segments Shaping the Grip Tape Market Landscape?
The grip tape market covered in this report is segmented -
1) By Surface Type: Abrasive, Nonabrasive
2) By Material: Silicone, Polyurethane (PU), Rubber Based Foam, Sandpaper, Fabric, Poly Vinyl Chloride (PVC)
3) By Thickness: Less Than 0.5 mm, 0.5 mm To 1.0 mm, Above 1.0 mm
4) By End User: Sports And Recreation, Healthcare, Transportation, Industrial Manufacturing, Consumer Goods
Subsegments:
1) By Abrasive Grip Tape: Silicon Carbide, Aluminum Oxide, Mineral Coated
2) By Non-Abrasive Grip Tape: Rubberized, Vinyl-Based, Foam-Based, Textured Plastic
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Which Growth Factors Are Influencing Grip Tape Market Expansion?
The escalation in popularity of high-risk, high-adrenaline sports is predicted to fuel the advancement of the grip tape market in the future. These extreme sports, such as skateboarding, snowboarding, and rock climbing, require both skill and specialized equipment. They are being increasingly sought after because they invoke a sense of adventure and accomplishment, delivering a thrill from risk-taking that many find appealing. Grip tape amplifies the appeal of these sports, since it offers better control and handling, ensuring athletes can confidently and safely execute tricks and maneuvers. A report from Storage Café, a US online self-storage and rental services platform, revealed in July 2023 that American online enthusiasm for extreme sports has grown by 8%. Skateboarding led the field with 550,000 searches, followed by mountain biking with 450,000 screenings. Thus, the rising popularity of extreme sports is anticipated to be a significant driver for the grip tape market.
Who Are the Dominant Players Across Different Grip Tape Market Segments?
Major companies operating in the grip tape market are 3M Company, Avery Dennison Corporation, Tesa SE, Brady Corporation, Intertape Polymer Group Inc., Shurtape Technologies LLC, Incom Inc., Wooster Products Inc., Jessup Manufacturing Company, INDASA - Indústria de Abrasivos S.A., Heskins LLC, Sure-Foot Industries Corporation, GripTek, Moonshine Mfg, GripGuard Pty. Ltd., Gator Grip, Zipker International, ket*o, Saathsaath Industry, MOB Grip
What Are the Latest Developing Trends in the Grip Tape Market?
In the grip tape market, leading companies are centering their efforts on high-end innovation, like anti-slip tape, to boost safety measures and longevity in industrial, commercial, and residential sectors. Anti-slip tape serves as an adhesive band that showcases a textured surface, aiming to increase grip on slippery areas and decrease the probability of slips and crashes, thereby improving user safety. It also contributes to durability for indoor and outdoor settings alike. Jessup Manufacturing Company, a US-based manufacturer of grip tapes for sports and adhesive-coated films, launched ReCon, their novel anti-slip tape, in March 2023. This product, the first of its kind to integrate post-industrial recycled rubber from Nike Grind resulting from footwear production, is tailored for superior slip resistance, sustainability, and endurance while satisfying crucial safety regulations. ReCon is applicable across a variety of domains, like commercial kitchens, healthcare facilities, and educational institutions.
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Which Geographic Regions Are Expected to Dominate the Grip Tape Market in the Coming Years?
North America was the largest region in the grip tape market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grip tape market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Grip Tape Market?
2. What is the CAGR expected in the Grip Tape Market?
3. What Are the Key Innovations Transforming the Grip Tape Industry?
4. Which Region Is Leading the Grip Tape Market?
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