GAFFERS TAPE MARKET ANALYSIS

With high ease of entrance for new manufacturers, the global gaffers tape industry has become highly fragmented. This had led to competition among manufacturers. This is expected to be one of the restraining factors in the gaffers tape market. However, the present focus of manufacturers is towards introducing ecofriendly technology in the market. The major players have adopted this strategy to maintain their position in the market. This approach is also expected to prove beneficial for the new entrants in the gaffers tape market over the forecast period.