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Emerging Grip Tape Market Trends: Major companies operating in the grip tape market are focusing on advanced innovation, such as anti-slip tape, to enhance safety and durability in industrial, commercial, and residential applications. Anti-slip tape is an
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Grip Tape Market Size Growth Forecast: What to Expect by 2025?
The grip tape market has expanded steadily in recent years. It will grow from $0.55 billion in 2024 to $0.59 billion in 2025, with a CAGR of 7.3%. Past growth was influenced by rising sports participation, the popularity of DIY projects, the growth of skateboarding culture, industrial applications, and the need for durable materials.
How Will the Grip Tape Market Size Evolve and Grow by 2029?
Expectations are high for the grip tape market as it is predicted to experience robust growth in the upcoming years. By 2029, its value is forecasted to reach $0.78 billion, with a CAGR of 7.6%. The surge in growth during the forecasted period is credited to the increasing popularity of e-sports and extreme sports, a rising demand for personalized grip tapes, its growing use in the medical field, the broadening construction industry, and the expansion in personal protective equipment. The forecasted period will also see trends such as a pivot towards eco-friendly materials, innovation in the realm of non-slip coatings, growth in the application of wearable technology, the introduction of intelligent adhesives, and progression in adhesive technology.
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What Drivers Are Propelling the Growth of Grip Tape Market Forward?
The grip tape market is projected to expand in response to the rising interest in extreme sports. Extreme sports, also known as high-adrenaline activities, involve a certain degree of risk and require expertise and specialized gear, such as those used in skateboarding, snowboarding, and rock climbing. The increasing popularity of these sports can be attributed to the thrill, sense of freedom, and accomplishment they provide, making them more attractive and providing an adrenaline rush among participants. The role of grip tape is critical in these extreme sports as it offers improved traction and control, enabling athletes to execute tricks and maneuvers with enhanced confidence and safety. A report published by Storage Café, a US-based online platform for self-storage unit listings and rental services, in July 2023 revealed that the online interest in extreme sports in the US grew by 8%, with 550,000 searches for skateboarding and 450,000 for mountain biking leading the race. As a result, the accelerating popularity of extreme sports is anticipated to fuel the growth of the grip tape market.
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Which Emerging Trends Are Transforming the Grip Tape Market in 2025?
Leading entities in the grip tape industry are concentrating their efforts on sophisticated innovations like anti-slip tape, aiming to boost safety and longevity in industrial, commercial, and residential settings. Featuring a textured surface, anti-slip tape is essentially a sticky ribbon designed to improve grip on slippery surfaces, thus minimizing the possibility of accidents or slips, improving safety measures, and ensuring durability in both internal and external atmospheres. To illustrate, Jessup Manufacturing Company, a US-based manufacturer of sports grip tapes and adhesive films, launched an inventive anti-slip tape, ReCon, in March 2023. Remarkably, this product is the first to utilise post-industrial recycled rubber from Nike Grind, which is obtained from shoe manufacturing. It is crafted to improve slip resistance, durability, and eco-friendliness while adhering to crucial safety regulations and is apt for a range of sectors including commercial kitchens, healthcare, and schooling.
What Are the Key Segments in the Grip Tape Market?
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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Who Are the Key Players Shaping the Grip Tape Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Grip Tape Market?
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.
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