Global Gummed Tapes Market - 2021-2028
The global gummed tapes market size was worth US$ YY million in 2020 and is estimated to reach US$ YY million by 2028, growing at a CAGR of YY% during the forecast period (2021-2028).
Gummed tape is a thick paper tape with a permanent adhesive that isn't sticky until wet. A sponge or a gummed tape dispenser can be used to soak it. Water-activated tape is another name for it (WAT). Gummed paper tape is a type of adhesive tape created from natural materials like paper or potato starch. It features a natural glue adhesive that becomes sticky when moistened, making it completely recyclable. The use of gummed paper tape has surged in recent years, adding to the arguments over paper vs. plastic packaging. On the other hand, the tape has more to offer than simply being an "environmentally good alternative" to plastic tapes.
Compared to normal pressure-sensitive tapes, cartons sealed with gummed tape disintegrate at a considerably slower pace as temperature changes and operate better in humid situations and at very low temperatures. There have been consistent technical breakthroughs and the launch of new projects to improve gummed tape strength and improvement of high-tech water-activated tape dispensers to increase efficiency and authenticity.
During the forecast period, the gummed tape market will rise at a significant rate. Gummed tapes are commonly used in a variety of industries, from e-commerce to pharmaceuticals. Gummed tapes are in high demand in the logistics and shipping industries, as they provide strong adhesive strength for grooved box packaging and damage-free product transportation. The transportation and logistics industry's growing demand for corrugated packaging is driving gummed tape sales across the globe.
Growing corrugated packaging demand in the shipping & logistics industry.
The transportation and shipping industries are driving up demand for corrugated packaging, driving up sales of gummed tapes in different parts of the world. Because water-activated gummed tapes create a mono-material and provide tamper-evident packaging, its application for corrugated box closing is predicted to grow substantially throughout the forecast period.
There have been consistent technical developments and the launch of new projects to improve the strength of the gummed tape and the advancement of high-tech water-activated tape dispensers to increase efficiency and authenticity to cater to the ever-changing Gummed Tape Market demands of the consumer.
IPG, for example, has introduced Curby, a range of curbside-friendly items, in response to fast-expanding e-commerce shipment volumes and consumer awareness of the environmental impact to foster a circular economy and help handle E-commerce expansion difficulties. Furthermore, IPG's Water-Activated Paper Tapes recently passed the WMU OCC-E (Western Michigan University OCC Equivalency) testing process (unreinforced). As a result, it is the first and only certified environmentally friendly carton seal tape.
The presence of natural adhesives in gummed tapes.
Gummed tapes are created from natural adhesives like paper and potato starch, which improve adhesive bonding when activated by water. It features a natural glue adhesive that becomes sticky when moistened, making it completely recyclable. Gummed tapes have a tear-resistant reinforced fiber backing substance that makes them tamper-proof. Additionally, gummed tapes can withstand both cold and hot temperatures.
Availability of alternative materials to hinder the market for gummed tapes
Alternative materials, including BOPP packaging tapes and heat-activated tapes, restrain the global gummed tapes market growth. Pressure-sensitive tapes are a more cost-effective alternative to paper gummed tapes for lightweight packing. However, the higher initial cost of employing gummed tapes, which is primarily made up of the cost of the dispenser, slows market expansion. In addition, unlike plastic packing tape, these are not widely available, limiting the market growth.
As the Covid-19 pandemic grips the globe, governments have been forced to impose social distancing measures to combat the outbreak, resulting in the closure of public spaces, including offices, courts, shops and train stations, and had to make adjustments to ensure that people will follow government regulations.
The emergence of the Covid-19 pandemic has impacted the gummed tape business. Several gummed tape manufacturers support government and frontline employees by providing adhesive for specialty signs and hazard warning tapes, but these goods have increased demand. Quality is also important because these products must be dependable and able to withstand a variety of uses.
By Application, the gummed tapes market is classified into shipping & logistics, food & beverages, building & construction, automotive and others.
The shipping & logistics segment is expected to be the dominant type during the forecast period (2021-2028)
Gummed tapes are in high demand in the shipping and logistics industries since they provide strong adhesive strength for corrugated box packaging and damage-free product transportation. The transportation and shipping industries are driving up demand for corrugated packaging, driving up sales of gummed tapes in different parts of the world.
Because water-activated gummed tapes create a mono-material and provide tamper-evident packaging, its application for corrugated box closing is predicted to grow substantially throughout the forecast period. Furthermore, global gummed tape sales are boosted by rising industrialization and cross-border trade. Another element driving the gummed tapes market is the demand for environmentally friendly and recyclable packaging solutions.
The global gummed tapes market is expected to be dominated by Asia-Pacific
Because of the presence of industry titans and leading technological pioneers, developed regions represent lucrative sales chances. In Asian nations such as China and India, the rapid rise of verticals such as e-Commerce and electronics and electrical is forcing manufacturers to rethink their strategies. The market appeal of these growing economies is being boosted by cheaper raw material availability, a strong presence of local vendors and increased cross-border trade.
The gummed tapes market is highly competitive and significant growth is predicted over the next decade, owing to the growing acceptance of tapes with environmentally friendly materials and superior adhesive properties over alternatives such as pressure-sensitive tapes and BOPP tapes. Brdrene Hartmann A/S, Holland, Intertape, Shurtape, Loytape, Papertec, LPS Industries, Windmill, Neubronner and Can-Do National Tape are major players in the global Gummed Tapes market.
Overview: John M. Robinson created Lawrence Packaging Supply Corporation in Newark, New Jersey, in 1959, principally as a converter of military standard barrier materials. In 1981, Lawrence's name was changed to LPS Industries, Inc. to better reflect the company's rapid growth from a local packaging supply shop to a manufacturer/converter of a wide range of products. LPS Industries is a vertically integrated, ISO-certified flexible and hazardous packaging manufacturer and converter that offers custom-built packaging solutions and industrial packaging materials. Its custom industrial packaging company is situated entirely in the U.S.
Product Portfolio: LPS Industries make gummed tapes and accessories. Custom Printed Gummed & Carton Sealing Tape, Better Pack Digital Gummed Tape Dispenser, Versatile Kraft Gummed Tape, Better Pack Electric Gummed Packaging Tape Dispenser and Better Pack Manual Gummed Packaging Tape Dispenser are among the company's offerings.
Key Developments: LPS Industries, based in New Jersey, has announced the opening of a new Class 100,000 cleanroom facility that will supply unprinted and custom printed flexible packaging roll stock to the food and medical markets. Advanced state-of-the-art equipment technology allows for more control over the manufacturing environment.
Visualize the composition of the gummed tapes segmentation by product, application, backing material, adhesive and region, highlighting the key commercial assets and players.
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Raw Material Providers/ Buyers
Shipping & Logistics Industry
Industry Investors/Investment Bankers
Education & Research Institutes
Gummed Tapes Manufacturers