Rapidly Expanding E-commerce Sector Drives Global Gummed Tapes Market to US$ 1.9 Billion by 2031

The gummed tapes market is predicted to grow significantly during the course of the forecast period (2021–2031). Sticky tapes used in a number of packaging applications include gummed tapes, often known as water-activated tapes.

One of the main factors fueling the gummed tapes market’s growth is the expanding demand for these tapes in the packaging industry. Gummed tapes are often used in the packaging of food, beverages, and other consumer items due to their strong adhesive capabilities to guarantee that the containers stay sealed during transit and storage.

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Another factor driving market growth is the increasing use of gummed tapes in e-commerce and online retailing. The rise in e-commerce and online retailing has led to an increase in the demand for packaging materials that can ensure the safe and secure delivery of goods. Gummed tapes are well suited for this purpose as they provide a strong seal that cannot be easily tampered with, and are tamper-evident.

The gummed tapes market is segmented based on type, application, and region. On the basis of type, the market is segmented into paper gummed tapes, polypropylene water-activated tapes, and others. Paper gummed tapes are the most widely used type due to their cost-effectiveness and environmental friendliness.

On the basis of application, the market is segmented into packaging, construction, and others. The packaging industry is the largest end-user of gummed tapes due to the increasing demand for packaged food and beverages and the rise in e-commerce and online retailing.

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Geographically, the gummed tapes market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to be the fastest-growing region due to the increasing demand for gummed tapes in the packaging industry in countries such as China and India.

In conclusion, the global gummed tapes market is expected to grow at a significant rate during the forecast period due to the increasing demand for these tapes in the packaging industry and the rise in e-commerce and online retailing. The market is segmented based on type, application, and region, with Asia-Pacific expected to be the fastest-growing region.