Tape Dispenser Market Share, Revenue, And Average Price By Manufacturers Shared In A Latest Research Report

Tape Dispenser Market

The market for tape dispensers may be described as developing, with a CAGR of 4.4% from 2023 to 2033 bringing the market’s total value to US$ 7,926.82 million.

A few factors influencing the tape dispenser industry’s expansion include:

  • Manufacturers are creating new tape dispensers comprised of recyclable materials in response to rising consumer demand for environmentally friendly and sustainable products.
  • Automatic tape dispenser sales are increasing as a result of the packaging industry’s increased need for automation.
  • The need for packing tape dispensers is increasing as e-commerce develops and there is a greater need for effective packaging solutions.
  • The need for double-sided tape dispensers and masking tape dispensers is growing due to the growing popularity of DIY projects and home improvement projects, opening up new market opportunities.

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How has COVID-19 impacted the Tape Dispenser Market?

COVID-19 is calling for protective and hygienic packaging solutions. To ensure maximum product safety, end-users are opting for automatic tape dispensers, so that minimum human and product contact could be maintained during packaging activities amid COVID-19. Therefore, the global tapes dispenser market is expected to clock a CAGR of nearly 4% during next ten years, amid COVID-19.

On the flip side, frequent lockdowns and scarcity of raw material reduced the profit margins of the key players in 2020-21. Besides, less-efficient transport facilities reduced further gain in the international tape dispenser market. Therefore, the market growth witnessed a negative growth of 0.2% in 2020-2021. However, with the strategic planning of the manufacturers in collaboration with government authorities, this market is expected to register peak y-o-y of 5.3% in the next ten years.

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Competitive Landscape

The Tape Dispenser market holds the distinction of being driven by tier-3 players. They hold more than 75% of the market share. Everything, right from product launches, acquisitions, and collaborations is being tried out. AI is also being tried out.

  • 3M Company does market Scotch and Tartan Manual Tape Dispensers. These hand-held dispensers come in HR933, H150, and HR80 versions. The advantages offered by these devices are being lightweight and proper pistol-grip, along with retractable blades and pressure bars for reducing noise.
  • Intertape Polymer Group Inc. has its Smart Tape solution that adopts the latest security technologies for preventing cargo theft, and product diversion and proliferation.

Key Companies Profiled

  • 3M Company
  • Tesa SE
  • Intertape Polymer Group Inc.
  • Fellow Brands
  • Shurtape Technologies LLC
  • Koziol USA
  • START International
  • Prisma Pressure Sensitive Products Ltd.
  • Spec-Tech (Xiamen) Co. Ltd.
  • Aroindia Electromech Pvt. Ltd.
  • Excel Factory Inc.

Key Segments Covered in Tape Dispenser Industry Research

Tape Dispenser Market by Product Type

  • Hand Held
  • Table Top
  • Definite Length Dispenser
  • Stretchable Tape Dispenser

Tape Dispenser Market by Technology

  • Automatic
  • Manual

Tape Dispenser Market by End-use

  • Office & Commercial
  • Industrial

Tape Dispenser Market by Region

  • North America Tape Dispenser Market
  • Latin America Tape Dispenser Market
  • Europe Tape Dispenser Market
  • East Asia Tape Dispenser Market
  • South Asia Tape Dispenser Market
  • Oceania Tape Dispenser Market
  • Middle East & Africa (MEA) Tape Dispenser Market

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