Water Activated Tape Dispensers Market Outlook (2022-2032)
The demand for water activated tape dispensers is continuing to expand as there is a shift away from plastic tapes and toward biodegradable gummed tapes for carton sealing. Water activated tape dispensers are exclusively used to apply water activated tapes for carton sealing and other purposes.
According to our research results, high process ability and resistance to deterioration due to changes in temperature and heat in the surrounding environment are boosting the usage of water activated tape and driving the economy in the water activated tape dispensers market.
The necessity to securely seal cartons and boxes to prevent theft or loss of property while goods are in transit is influencing manufacturers to use water activated tapes, which is driving demand for water activated tape dispensers. Rising consumer desire for purchasing goods through e-commerce is another important factor driving demand for water activated tapes.
According to FMI research, enterprises must overcome several challenges to adopt water activated tape dispensers. For example, the availability of pressure-sensitive and self-adhesive tapes at comparable prices can affect the use of water activated tapes while restricting demand for water activated tape dispensers.
Tamper evident technology in pressure-sensitive tapes may constrain the usage of water activated tapes while impeding the growth of the water activated tape dispensers industry.
Growing urbanization in the APEJ region is expected to propel the region's water activated tape market, which accounts for the majority of the water activated tape dispensers market. Because of the existence of leading companies in the region, North America is expected to trail the APEJ region in terms of demand for water activated tape dispensers.
The 100% biodegradability of water activated tapes is expected to spur steady growth in the water activated tape dispensers market in Western Europe over the projected timeframe. MEA and Eastern Europe are anticipated to have the smallest share of the market for water activated tape dispensers.
FMI recently finished an in-depth analysis of key market participants. Manufacturers are using multiple techniques to boost sales and gain a competitive edge in the market, such as new product releases and approvals, partnerships, collaborations, acquisitions, mergers, and so on. Holland Manufacturing Co. Inc., 3M Company, Intertape Polymer Group Inc., Shurtape Technologies, LLC, LOYTAPE INDUSTRIES SDN.BHD., Papertec, Inc., LPS Industries, LLC, Windmill Tapes & Labels Ltd., Maxfel S.r.l, and Neubronner GmbH & Co. are a few of the major players in the water activated tape dispensers market.
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Water Activated Tape Dispensers Market Overview
Rapid industrialization and increase in cross-border trade has created new opportunities for world trade. Companies are improving their supply chain capabilities and expanding their geographic base to tap the market potential. Carton boxes are the prominent mode of packaging used by manufacturers for packaging of light and heavy duty goods.
Water activated tapes or commonly known gummed tapes are the idle choice for the shipping companies as it can be applied even on dirty surfaces of cartons. The bonding strength of water activated tapes on corrugated box surface is very strong making it suitable for packaging of heavy duty goods. However, for efficient use of water activated tapes the use of water activated tape dispensers is essential.
Water activated tape dispensers commonly are of two type manually operated and automatic. After setting the desired length in water activated tape dispensers it automatically cuts the tape in pieces of desired length. Use of water activated tape dispenser ensures that the tape get moist evenly and appropriately.
Water Activated Tape Dispensers Market: Market Dynamics
Water activated tape dispensers are solely used in the application of water activated tapes for carton sealing and other applications. The shift in the use of plastic tapes to biodegradable gummed tapes for sealing of cartons can increase the demand in water activated tape dispensers market.
The need of firmly sealing carton and boxes to avoid any theft or loss of property while goods being in transit is influencing manufacturers to use water activated tapes translating into the demand in water activated tape dispensers market. Increased consumer preference for procuring the goods through e-retail format is another important factor for generating the demand for water activated tapes.
Moreover, high printability and resistance to degradation on changing of heat and temperature in the external environment are promoting the use of water activated tape while generating the demand in water activated tape dispensers market.
However, the availability of pressure sensitive and self-adhesive tapes at similar prices can affect the use of water activated tapes while limiting the demand for water activated tape dispensers. The introduction of tamper evident technology in pressure sensitive tapes can limit the use of water activated tapes while hampering the growth in water activated tape dispensers market.
However, due to the rising concern of the regulatory authorities on the increasing plastic waste the use of water activated tapes is set to increase which can create new opportunities for water activated tape dispensers market.
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Water Activated Tape Dispensers Market - Regional Outlook
Regionally global water activated tape dispensers market is segmented into
North America
Latin America
Eastern Europe
Western Europe
Asia-Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan
Rapid industrialization in APEJ region is expected to drive the water activated tape market in the region hence accounting for most of the water activated tape dispensers market. North America is expected to follow APEJ region for demand in water activated tape dispensers market due to the presence of industry leaders in the region.
Western Europe is expected to exhibit moderate growth over the forecast period in water activated tape dispensers market attributed to the 100% biodegradability of water activated tapes. MEA and Eastern Europe are expected to account for the minimum share in water activated tape dispensers market.
Water Activated Tape Dispensers Market - Key Players
Some major players of the water activated tape dispensers market are Holland Manufacturing Co. Inc., 3M Company, Intertape Polymer Group. Inc., Shurtape Technologies, LLC, LOYTAPE INDUSTRIES SDN.BHD., Papertec, Inc., LPS Industries, LLC, Windmill Tapes & Labels Ltd., Maxfel S.r.l and Neubronner GmbH & Co.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
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The report covers exhaust analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Water Activated Tape Dispensers Market: Market Segmentation
Water activated tape dispensers are segmented by the types of machines and end-use industry.
Based on the types of machines, water activated tape dispensers market is segmented into:
Automatic
Manual
Based on the end use industries, water activated tape dispensers market is segmented into:
