In 2023, the global unsupported single coated tape market is projected to generate revenue of USD 7.1 billion, with suppliers expected to experience a steady CAGR of 3.5% over the next decade, leading to an anticipated valuation of USD 10.9 billion by 2033.
Unsupported single coated tape is a vital resource for contractors in the construction and building industry, widely used for its versatility, cost-effectiveness, and ease of application. The building and construction sector is projected to hold a significant 31.1% share of the global market for this essential product.
However, the introduction of regulations related to adhesive tapes poses challenges for the unsupported single coated tape market. To ensure a successful future, companies in the adhesive tape industry must adapt their business models to comply with these evolving legal requirements. Businesses, regardless of size, that prioritize regulatory compliance in their product development, procurement, and sustainable practices are likely to prosper in the unsupported single coated tape market. By focusing on compliance and sustainability, these companies can navigate legal hurdles and meet the growing demand for adhesive tapes that align with new standards, securing long-term success in the industry.
North America is expected to capture the largest share of the unsupported single coated tape market in the coming years. The well-established healthcare infrastructure in developed countries such as Canada and the U.S. is likely to benefit market growth.
The rising use of adhesive tape bandages for moist and fragile skin environments is a key factor driving demand. These tapes allow outside air to reach the underlying skin or dressing, creating a breathable solution that is expected to support market growth in North America.
Key Unsupported Single Coated Tape Market Takeaways and Projections
- The U.S. is expected to lead the North america unsupported single coated tape market, projecting the fastest growth in the region between 2022 and 2032.
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of unsupported single coated tape market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Some of the prominent market players are
- Arkema (Bostik),
- 3M,
- Nitto Denko,
- Scapa,
- Avery Dennison,
- Syntac Coated Products,
- Intertape Polymer,
- Adhesives Research,
- Berry Plastics,
- Cantech,
- American Biltrite,
- Shurtape Technologies,
- Essentra,
- Adhesive Applications,
- Mactac,
- Main Tape,
- tesa SE,
- DYNAREX,
- DeWAL Industries,
- Medline Medical,
- Lamart Corp.,
- McKesson,
- Johnson & Johnson,
- Cardinal Health,
- Worthen Industries,
- Coroplast Tape Corporation,
- CCT Tapes.
Key Segments Profiled in the Unsupported Single Coated Tape Industry Survey
By Product Type:
- Ordinary Tape
- Specialty Pressure Sensitive Tape
By Application:
- Aerospace
- Medical
- Retail/Graphics
- Building/Construction
- Paper/Printing
- Hygiene
- White Goods
- Automotive
Report Preview: https://www.futuremarketinsights.com/reports/unsupported-single-coated-tape-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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