The demand for tapes is gaining traction on the backdrop of colossal growth from the packaging industry. Several types of industries are used in this context. UV resistance tapes and light weight tapes. Various advanced technologies and machinery are being used across the globe by manufacturers for tape and substrate processing to reduce the time. The latest tapes offer good adhesion, absolute transparency, and high aging resistance and clean positioning. At extremely low temperatures, the temperature is too low. Because of the growing need for product identification and easy marketing.
Availability of various innovative designs and materials in the global market. Industries such as food and beverages, retail kits, e-commerce, and automotive. In the automotive industry, the demand for high-quality tapes. Parcel tapes will contribute to the largest share in the global cable market. [0003] The most commonly used parcel tapes are translucent and brownly used.
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Based on the type of tape, the global cable tape market is segmented into:
- filament tapes
- Double-sided tapes
- Parcel tapes
- Light-duty cable tapes
- Others
Based on the material used in the global distribution market is segmented into:
- Acrylic
- Hot Melt
- Others
Based on the application of the global cable tape market is segmented into:
- Food & Beverages
- Chemicals
- Consumer Goods
- Others
In terms of geography, the global market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. CAGR during the forecast Period North America is anticipated to be the dominant market for the global market. The increase in the growth rate of the supply chain is due to the fact that the supply chain has a strong market position.
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Packaging Tapes Market – Major Players:
Some of the key players in the global distribution market are 3M, Avery Dennison, Henkel, Nitto Denko, and Tesa. Other prominent vendors in the market are Advance Tapes International, Adhesives Research, Bostik, Dow Corning, Evans Adhesive, Franklin International, HB Fuller, Intertape Polymer, Lintec, Lohmann, LORD, MACtac, etc.
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