Global Transfer Tapes Market: Overview

Transfer tapes are type of pressure sensitive tapes without carrier, directly coated on to the surface of release liner. Transfer tapes are used with application of different types of adhesives in it. Transfer tapes are useful for various end use industries such as pharmaceuticals, food, households, electronics, aerospace, retail and consumer goods among others. The global transfer tapes market is anticipated to expand at a moderate CAGR owing to increment in the demand for protective packaging across the world. Transfer tapes are available in custom shapes and dimensions which is tailored according to the requirement of the consumer. The growth of gift wrapping product consumption is expected to strengthen the global demand for transfer tapes in the upcoming years. Acrylic adhesive type is commonly used type of transfer tape which is followed by silicone and rubber type. The global outlook for transfer tapes market is expected to be positive during the forecast period.

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Global Transfer Tapes Market: Dynamics

With increase in demand for protective packaging solutions, transfer tapes market is expected to grow in the upcoming years. Increment in the compact packaging solutions is expected to hamper the growth of transfer tapes market in the upcoming years. The rise in number of flexible packaging formats with variety of products being packaged in a different manner, the demand for transfer tapes is expected to decrease. Regulations on the packaging materials may impact the global transfer tapes market positively. Different type of adhesive transfer tapes are used for usage in various industries which includes acrylic, pure acrylic, water-based acrylic and other specialty tapes. The rise in retail sector through e-commerce, hypermarkets, supermarkets, convenience stores and discount stores is expected to boost the demand for transfer tapes market in the upcoming years. Transfer tapes market is expected to create significant incremental opportunity by the end of the forecast period.

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Global Transfer Tapes Market: Segmentation

Transfer tapes market is classified on the basis of product type, thickness, material, and end use

On the basis of product type, the global transfer tapes market is segmented as follows

  • Single Side Coated
  • Double Side Coated

On the basis of thickness, the global transfer tapes market is segmented as follows

  • <20 µm
  • 20-50 µm
  • 51-80 µm
  • >80 µm

On the basis of material type, the global transfer tapes market is segmented as follows

  • Acrylic
    • Tackified
    • Water-based
  • Rubber
  • Silicone
  • Specialty

On the basis of end use, the global transfer tapes market is segmented as follows

  • Food
  • Pharmaceuticals
  • Electronics & Electrical
  • Automotive
  • Households
  • Consumer Goods

Global Transfer Tapes Market: Key Players and Trends

Some of the leading players in the transfer tapes market are 3M Company, Nitto Denko Corporation, Compagnie de Saint-Gobain S.A., 3F GmbH Klebe- & Kaschiertechnik, and Coating and Converting Technologies Corp. Leading manufacturers in the industry are looking forward to invest in adhesive transfer tapes market. The 3M Company is providing diversified portfolio in the transfer tapes segment, which is expected to create intense competition for transfer tape manufacturers. There are large number of manufacturers in the transfer tapes market, which in turn shifting the inclination of the bargaining power towards buyer.

Global Transfer Tapes Market: Regional Outlook

In Europe, the transfer tapes market is anticipated to expand at a moderate CAGR during the forecast period. Transfer tapes market in Germany is expected to witness comparatively slow growth owing to established packaging industry. In North America, Canada is expected to expand at a higher CAGR than the United States, which in turn creating the demand for transfer tapes market. Transfer tapes market is anticipated to represent high incremental opportunity in the Asian market, owing to rise in per capita consumption and need for protective packaging. The number of domestic shipments may also affect the country level transfer tape market scenario. Furthermore, the increment in the number of international shipments is also expected to increase the global demand for transfer tapes market during the forecast period.

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, macroeconomic indicators and governing factors along with transfer tapes market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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.

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