The global adhesive tapes market is worth over 40 Bn and is expected to expand at a CAGR of over 4.5% over the forecast period resulting in the growth of pouch tapes market. Pouch tapes are types of pressure sensitive tapes used for attaching documents, literature and samples to packages. Pouch tapes have high tacking property and are used for attaching documents in shipping and logistics, e-commerce, and others.
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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Pouch Tapes market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
Crucial information and forecast statistics covered in the Pouch Tapes market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Pouch Tapes Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Pouch Tapes market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Pouch Tapes market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Pouch Tapes market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Pouch Tapes Market: Segmentation
On the basis of material type, pouch tapes has been segmented as
- Polypropylene
- Polyethylene
- LDPE
- HDPE
- Others
On the basis of width, pouch tapes market has been segmented as
- Less than 5”
- 5” to 6”
- Above 6”
On the basis of end-use, pouch tapes market has been segmented as
- Shipping and logistics
- Food and beverages
- E-commerce
- Warehouse shipping
- Commercial
- Others
Pouch Tapes Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Pouch Tapes market. Competitive information detailed in the Pouch Tapes market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Pouch Tapes market report.
Some of the key players in the field of pouch tapes market are 3M, Irplast S.p.A., Lynx Polythene Ltd., and Flexopack Ltd., among together.
Important Questions Answered in the Pouch Tapes Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Pouch Tapes market been expanding during the forecast period?
- How will the global Pouch Tapes market look like by the end of the forecast period?
- What innovative strategies are adopted by Pouch Tapes market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Pouch Tapes market?
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Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Pouch Tapes market
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