Hazard Tape Overview: Hazard tape is a non-adhesive, radiantly-colored tape that is intended to catch attention of people so as to minimize the risk of severe injuries and keep people safe. Caution or hazard tape is a type of barricade tape that is meant to promote safety and restrict entry into harmful places such as laboratories or explosive areas. Different color shades are used to communicate different kinds of warnings such as radiation exposure or physical hazard. Yellow and black hazard tape is used to warn about the danger of construction or production (industrial) sites, while magenta or purple and yellow hazard tape is used for laboratories or radiation exposure areas.

OSHA (Occupational Safety and Health Administration) and ANSI (American National Standards Institute) Specifications are Maintaining Uniformity in the Design of Hazard Tapes

According to OSHA, 4,674 workers were killed on job in the private industry in 2017, of which, around 20% were from the construction field, which is, one in five worker deaths in construction. The leading cause of private sector worker deaths in the building and construction industry was falls, followed by electrocution, object force, and caught-in/between. Hazard tapes or caution tapes help prevent accidents like these at production or construction sites by promoting caution.

Key manufacturers of hazard tape are following specifications and standards laid down by health and safety regulation authorities, owing to which, design parameters are uniform among manufacturers. Key differentiating factors to sustain oneself in the competition are the use of high-quality material and the cost of hazard tape offered to the end users. Apart from these factors, end users are moving toward the use of customized hazard tape, such as those that specify the activity going on and the name of the company. Biodegradable hazard tape is anticipated to grow in demand, due to end users’ choice for environment-friendly and non-toxic tape options. Manufacturers are focusing on the development of hazard tape that can be sustained in the worst environment, and can also be reused maximum times.

e-Commerce Opening Doors of Opportunity for Key Players in the Hazard Tape Market

Hazard tape is an industrial product and not easily available at ordinary stores, which is restraining the growth of the market. The ease of selling products on the Internet is attracting manufacturers to sell their products online, and deliver more efficient services to customers. Large e-Commerce platforms are observing high demand for industrial products such as hazard tape.

Asia Pacific is Expected to Be the Next Prominent Marketplace for Hazard Tape

Stringent safety regulations and employee welfare authorities in Europe and North America are anticipated to boost the demand for hazard tape. The rapid growth of industrialization and construction activities in emerging countries such as China, India, and Brazil are projected to surge the hazard tape market due to fast-paced growth in the next five years. Key players from Europe and North America are anticipated to grasp this opportunity and enter the Asia Pacific market with the help of local industrial product distributors.

Global Hazard Tape Market: Segmentation

The global hazard tape market is segmented on the basis of material, thickness of tape, and end-user base.

On the basis of material, the global hazard tape market has been segmented into:

  • Plastic
  • Aluminum Foil

On the basis of thickness of tape, the global hazard tape market has been segmented into:

  • Up to 2 mil
  • 2 to 4 mil
  • 4 to 6 mil
  • 6 to 8 mil
  • 8 mil & Above

On the basis of end-user base, the global hazard tape market has been segmented into:

  • Laboratories
  • Production Areas
  • Construction Areas
  • Industrial Zones

Global Hazard Tape Market: Key Players

Some of key players operating in the global hazard tape market are:

  • 3M Company
  • Kruse Adhesive Tape, Inc.
  • Nitto Denko Corporation
  • Saint-Gobain S.A.
  • CCT Tapes
  • Shurtape Technologies, LLC
  • Emedco, Inc.
  • Scapa Group PLC
  • Tesa SE
  • Surface Shields, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Hazard Tape Market

Pre Book