PUBLISHER: Value Market Research | PRODUCT CODE: 1314717
PUBLISHER: Value Market Research | PRODUCT CODE: 1314717
The global demand for Water Activated Tape Dispensers Market is presumed to reach the market size of nearly USD 64.83 MN by 2030 from USD 27.59 MN in 2022 with a CAGR of 11.27% under the study period 2023 - 2030.
Water-activated tape dispensers, also known as gummed tape dispensers or paper tape dispensers, are devices used to apply and dispense water-activated tape. Water-activated tape, also called a gummed tape or Kraft paper tape, is a packaging tape that requires moisture to bond and seal packages effectively. It is made of a paper backing coated with a water-activated adhesive. When the tape is moistened, either by immersing it in water or using a specialized dispenser with a water reservoir, the adhesive on the tape becomes sticky and bonds securely to the surface of the package.
The growing e-commerce industry has significantly increased the demand for efficient and secure packaging solutions. Water-activated tape dispensers provide reliable sealing for packages, ensuring the safe delivery of goods. Secondly, there is a rising focus on sustainable packaging solutions, and water-activated tape aligns with this trend. Made from renewable materials like paper, it can be easily recycled, reducing environmental impact. Thirdly, the tamper-evident sealing provided by water-activated tape is crucial for industries requiring secure packaging, such as pharmaceuticals and electronics. Water-activated tape dispensers enable the efficient application of the tape, enhancing security during transportation and storage. Cost-effectiveness is another factor driving the market. While the upfront investment in a dispenser may be higher, water-activated tape rolls offer longer lengths and higher adhesion, leading to reduced material waste and cost savings over time. Additionally, the increasing adoption of automation in various industries has influenced packaging as well. Water-activated tape dispensers can be integrated into automated systems, improving packaging efficiency and reducing labour costs. Lastly, the superior strength, adhesion, and resistance to temperature changes offered by water-activated tape have contributed to the demand for dedicated dispensers designed for this type of tape.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of water activated tape dispensers. The growth and trends of water activated tape dispensers industry provide a holistic approach to this study.
This section of the water activated tape dispensers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Water Activated Tape Dispensers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Water Activated Tape Dispensers market include Better Packages, Crawford Packaging, IPS Packaging & Automation, Packmile, Novel Automation, Intertape Polymer Group, Shipman & Goodwin LLP™, Tigerpak Packaging, Phoenix, Hughes Enterprises, Venus Packaging, 3M, Gertex Solutions, Hangzhou Bing Jia Tech. Co., Ltd., Airpack Systems, Fujian Jialong Adhesive Tape Co., Ltd., Tidmas Townsend Ltd, OM MAS CO., LTD., Packline, Excell Factory Inc., and Albany Box Company among others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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