Carry Handle Adhesive Tapes Market Size, Share, Trends, Growth And Forecast To 2031
Allied Market Research has released a report titled "Carry Handle Adhesive Tapes Market," covering the period from 2021 to 2031. According to the report, the global carry handle adhesive tapes industry reached an estimated value of $233.49 million in 2021 and is projected to reach $414.33 million by 2031, with a anticipated CAGR of 6.0% from 2022 to 2031.Key Growth Determinants:
Factors such as increased investments in research and development, entry of new players, product innovations, technological advancements, efficient resource allocation, and heightened competition are driving the growth of the global carry handle adhesive tapes market. Additionally, as customers' disposable incomes rise, their spending capacity expands, further contributing to market growth and creating a range of opportunities within the industry.
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Overview of Carry Handle Adhesive Tapes:
Carry handle adhesive tapes are flexible strips of self-adhesive film with a non-sticky holding part, primarily used for gripping, lifting, carrying, and transporting products. They offer convenience in packing and bundling various items, such as compact boxes, bottles, and food products. Notably, these tapes possess advanced properties like temperature and moisture resistance, providing a cost-effective, easy, and environmentally friendly solution for product transport.
Market Segment Insights:
By Type:
The rubber segment accounted for over one-fourth of the global market share in 2021 and is expected to dominate the market by 2031. Rubber-based adhesives offer high initial adhesion buildup, good shear strength, and moderate temperature resistance. Conversely, the acrylic segment is anticipated to witness the fastest CAGR of 6.7% throughout the forecast period due to its resilience to moisture and ability to withstand drastic temperature changes.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/2203
By Technology:
The hot melt segment held the highest market share in 2021, accounting for over two-fifths of the global market, owing to its ease of application and compatibility with various materials. Conversely, the UV cured segment is projected to witness the fastest CAGR of 7.1% from 2022 to 2031, thanks to the flexibility it offers in adhesive tape development.
Regional Outlook:
Asia-Pacific led the market in 2021, contributing to over two-fifths of the global market revenue. The region is expected to maintain its dominance and achieve the fastest CAGR of 6.3% from 2022 to 2031, driven by significant growth in packaging, electronics, construction, and other sectors.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/carry-handle-adhesive-tapes-market/purchase-options
Key Industry Players:
Prominent players in the carry handle adhesive tapes market include Airmaster Adhesive Tapes, Boston Tapes Commercial Srl, Logo tape GmbH & Co. KG, 3M, NRG Tapes, Supertape, Alimac Srl, Tesa SE, VENERA D.O.O, and Davik Industries. These players employ various strategies, such as partnerships and product innovations, to maintain their market positions.
The report provides valuable insights into industry dynamics, helping stakeholders make informed decisions to navigate the evolving market landscape.
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