FILAMENT TAPES MARKET ANALYSIS

Filament Tapes Market, By Filament Type (Single Sided Tapes, and Double-Sided Tapes), By Backing Adhesive Type (Plastic Film, Paper, Fabric, Foam, and Others), By Adhesive Type (Rubber Based, Acrylic Based, and Hot Melt Adhesive), By Width (12 mm, 18 mm, 24 mm, 36 mm, 48 mm, 72 mm, and Above 72 mm), By End User (Building & Constructions, Healthcare & Hygiene, Food & Beverages, Electronic Industry, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa).

Published In : Oct 2024
Code : CMI3170
Pages :312
Formats :
Excel and PDF
Industry : Consumer Goods

Key Takeaways from Analyst

Global filament tapes market is expected to witness steady growth driven by increasing usage of filament tapes in packaging applications across various end use industries. In particular, the rise in e-commerce has boosted demand for secure packaging solutions, thus benefiting to this market. However, availability of substitute packaging tapes may limit the growth of filament tapes to some extent.

Asia Pacific currently dominates the global filament tapes market and is expected to retain its leading position throughout the forecast period. This can be attributed to high demand from packaging and logistics sectors in the region. North America is projected to showcase the fastest growth and emerge as the next major this market owing to rapid growth of end use industries in developing economies such as U.S. & Canada.