Future Market Insights (FMI), a leading market research firm, has published a report highlighting the substantial growth of the global water-activated tape dispensers market. The increasing demand for water-activated tapes, driven by a shift away from plastic tapes towards biodegradable gummed tapes for carton sealing, is fueling the expansion of this market.
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Key Market Insights:
- Environmental Considerations: With growing environmental concerns, there is a notable shift towards biodegradable gummed tapes for carton sealing. Water activated tapes offer high processability and resistance to temperature changes, making them an attractive option for manufacturers.
- Security and Convenience: The necessity to securely seal cartons and boxes to prevent theft or loss of property during transit is driving the adoption of water activated tapes. Additionally, the rising trend of e-commerce is further boosting the demand for these tapes.
- Market Challenges: Despite the benefits of water activated tapes, challenges such as the availability of pressure-sensitive and self-adhesive tapes at comparable prices and the introduction of tamper-evident technology in pressure-sensitive tapes may constrain the growth of the water activated tape dispensers market.
Market Dynamics:
The global water activated tape dispensers market is experiencing significant growth due to the increasing adoption of water activated tapes for carton sealing. Water activated tape dispensers, available in manual and automatic variants, play a crucial role in efficiently applying water activated tapes.
Future Outlook:
The future of the water activated tape dispensers market looks promising, driven by the continued shift towards biodegradable gummed tapes and the growing need for secure packaging in various industries.
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Market Segmentation:
Based on the types of machines,:
- Automatic
- Manual
Based on the end-use industries:
- Shipping & Logistics
- Building & Construction
- Food & Beverages
- Electrical & Electronics
- Healthcare
- Automotive
- Metalworking
- Oil & Gas
- General Industrial
- Consumer goods
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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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