Tear Tape Dispenser Market Overview
The tear tape dispenser is a smart and innovative packaging solution for easy product opening. In the tear tape dispenser, the machine holds the packaging film and assists in cutting and feeding the tear tape.
There are two types of tear tape dispensers, automatic and semi-automatic, depending on the type of work. In semi-automatic machines, the operator holds objects and packages while the machine unwinds the tape, whereas in automatic dispensers the whole process is automatic.
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Tear tape applicators are used in the pharmaceutical, tobacco, food and beverage industries.
Tear Tape Dispenser is a cost-effective packaging solution to extend the shelf life of products and along with the rapid growth of the processed food industry and pharmaceutical industry, the tear tape dispenser market is also growing during the forecast period.
Tear Tape Dispenser Market: Dynamics
Traditionally, products were unpacked using scissors or knives, but an innovative tear tape solution provides ease of unpacking, eliminating the use of external tools, which is driving the tear tape dispenser market.
The pharmaceutical industry and tobacco products, such as cigarettes and cigar packets, fueled the growth of the tear tape dispenser market as growth of the food and beverage industry is increasing.
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However, factors restraining the growth of the tape dispenser market are initial setup costs and government regulations on the use of plastics.
These days, tear tape manufacturers are working on using hologram tape and steel & aluminum materials to promote their brand as regulations on plastic use are increasing.
COVID-19 impacted shipments of goods in the last quarter during the nationwide lockdown. Reduced production, minimal resource availability and limited transport have added many challenges to market growth in all countries.
Shows steady growth of the tear tape dispenser market as the industry resumes operation after closure.
Tear Tape Dispenser Market: Regional Outlook
The Tear Tape Dispenser market has been analyzed based on revenue growth and value across several regions, including Asia Pacific, Latin & North America, Oceania, Europe, Middle East & Africa.
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In the Asia Pacific region, the tear tape dispenser market shows rapid growth owing to increase in pharmaceutical, food and beverage industries along with increasing usage of tear tape packaging solutions. In terms of consumption, the US, India and China have the largest market share.
The tear tape dispenser market has already reached maturity in North America and Europe. Additional Middle East & Africa & Latin America are projected for steady growth of tear tape dispenser machines.
Tear Tape Dispenser Market: Key Players
Who are the major players in global Tear Tape Dispenser market?
- Fidia Macchine Grafiche Srl
- Npro GMBH
- Asimga
- Hitech Asia Co., Ltd.
- New Town Packaging Co., Ltd.
- MGL International Co., Ltd.
The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on Cement Packaging market segments and regions.
with regional analysis
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Report highlights:
- A detailed overview of the parent market
- Changing Tear Tape Dispenser Market Dynamics in the Industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments in the cement packaging market
- competitive landscape
- Strategies for key players and offerings
- Potential and niche sectors, geographic regions with promising growth
- Neutral view of market performance
- Information essential for players to maintain and improve their market footprint
Tear Tape Dispenser Market: Segmentation
The global tear tape dispenser market is segmented by machine type, tear tape type, and end use.
machine:
- automatic machine
- semi automatic machine
Types of tear tape:
- metal
- aluminum
- steel
- plastic
- polypropylene
- polyethylene terephthalate
- low density polyethylene