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The global tear tape market size is projected to grow at a CAGR of 5.10% between 2023 and 2028. The key market drivers are cost-effectiveness, brand differentiation, and increased security during transportation of a product.
Tear tape refers to a narrow adhesive band that is glued to a package and is used to tear open the wrapping on the package easily. Tear tapes are engineered with an acrylic adhesive system and offer strong adhesion and excellent shear resistance.
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Based on product type, the market is divided into hot melted thermo activated tear tapes, self-adhesive tear tapes, and individually laminated tapes. On the basis of material type, the market is bifurcated into biaxial oriented polypropylene (BOPP) and polyvinyl chloride (PVC). By end-use, the market is segmented into food packaging, pharmaceuticals, and cosmetic, among others. On the basis of region, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global tear tape market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Self-adhesive tear tapes are expected to account for a significant share of the market owing to their availability at a comparatively lower cost and easy to use features. The tape can provide a visual indication if a product or package has been tampered, which can later alert the receiver.
Additionally, these tapes ensure easy opening of the package as they do not require any additional tools for cutting or tearing the tape, resulting in the tear tape market growth.
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North America is anticipated to hold a significant portion of the market owing to the strong presence of a major consumer base. Increasing disposable incomes of the North American population is allowing them to purchase goods online, which is ultimately leading to an increased demand for tear tapes from online retailers.
Meanwhile, the tear tape market is expected to grow in the Asia Pacific region over the forecast period due to the expanding foodservice sector in countries such as China and Japan. Additionally, the evolving consumer preferences are increasing the demand for food delivery services, thereby boosting the demand for tear tapes in food packaging applications.
H.B. Fuller Company was founded in 1887 and is headquartered in Minnesota, United States. The adhesive manufacturing company is known for supplying industrial adhesives to the global consumers.
Bagla Group is a packaging and containers manufacturing company that was founded in 1988. It is headquartered in New Delhi, India and is known for manufacturing and selling polyolefin, tear tapes, paper tape, and printed tapes, among others.
ROTOFIL S.r.l. was established in 1980 and has its headquarters located in Casalmaggiore, Italy. The company is known for providing a wide range of flexible films in polypropylene, nylon, and polyester, among others.
Other major players in the tear tape market include TANN Germany GmbH, Uyumplast Ambalaj Sanayi Ticaret Limited Sti, SPETA Ges.m.b.h, Wavelock Advanced Technology Co, Ltd, and Essentra PLC, among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Material Type |
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Breakup by End-Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Tear Tape Market Analysis
8.1 Key Industry Highlights
8.2 Global Tear Tape Historical Market (2018-2022)
8.3 Global Tear Tape Market Forecast (2023-2028)
8.4 Global Tear Tape Market by Product Type
8.4.1 Hot Melted Thermo Activated Tear Tapes
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Self-Adhesive Tear Tapes
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Individually Laminated Tapes
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Tear Tape Market by Material Type
8.5.1 Biaxial Oriented Polypropylene (BOPP)
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Polyvinyl Chloride (PVC)
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Tear Tape Market by End-Use
8.6.1 Food Packaging
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Pharmaceuticals
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Cosmetic
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Tear Tape Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Tear Tape Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Tear Tape Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Tear Tape Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Tear Tape Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Tear Tape Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 TANN Germany GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Uyumplast Ambalaj Sanayi Ticaret Limited Sti
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 SPETA Ges.m.b.h
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Wavelock Advanced Technology Co, Ltd
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Essentra PLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 H.B. Fuller Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Bagla Group
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 ROTOFIL S.r.l.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Tear Tape Market: Key Industry Highlights, 2018 and 2028
2. Global Tear Tape Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Tear Tape Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Tear Tape Historical Market: Breakup by Material Type (USD Billion), 2018-2022
5. Global Tear Tape Market Forecast: Breakup by Material Type (USD Billion), 2023-2028
6. Global Tear Tape Historical Market: Breakup by End-Use (USD Billion), 2018-2022
7. Global Tear Tape Market Forecast: Breakup by End-Use (USD Billion), 2023-2028
8. North America Tear Tape Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Tear Tape Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Tear Tape Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Tear Tape Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Tear Tape Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Tear Tape Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Tear Tape Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Tear Tape Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Tear Tape Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Tear Tape Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Tear Tape Market Structure
The market is projected to grow at a CAGR of 5.10% between 2023 and 2028.
The major drivers of the market include rising disposable incomes and increasing number of foodservice channels.
The key trends of the market include the rapid growth of the e-commerce sector, increasing preference for sustainable packaging solutions due to rising environmental concerns, and increasing adoption of easy-to-open seal packaging.
The major product types available in the market are hot melted thermo activated tear tapes, self-adhesive tear tapes, and individually laminated tapes.
The significant material types available in the market are biaxial oriented polypropylene (BOPP) and polyvinyl chloride (PVC).
The end-uses of tear tapes include food packaging, pharmaceuticals, and cosmetic, among others.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the tear tape market are TANN Germany GmbH, Uyumplast Ambalaj Sanayi Ticaret Limited Sti, SPETA Ges.m.b.h, Wavelock Advanced Technology Co, Ltd, Essentra PLC, H.B. Fuller Company, Bagla Group, and ROTOFIL S.r.l., among others.
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