Flatback Paper Tapes Market Size, Share, Growth, and Industry Analysis, By Type (Utility Grade Flatback Paper Tapes, Medium Grade Flatback Paper Tapes, and Premium Grade Flatback Paper Tapes), By Application (Splicing, Packaging & Sealing, Masking, Tabbing, and Others), and Regional Forecast By 2031

Updated On: 29 April 2024

Flatback Paper Tapes Market Report Overview

• 

• Request a Free sample to learn more about this report

The global flatback paper tapes market size was 1427 million in 2022, as per our research, the market is expected to reach USD 2085.67 million by 2031, exhibiting a CAGR of 4.3% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with flatback paper tapes experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Flatback paper tapes, also known as Kraft paper tapes, are adhesive tapes made from a flatback paper backing and a pressure-sensitive adhesive. These tapes are commonly used for packaging, splicing, and general-purpose applications where a strong, reliable tape is required. The backing of flatback paper tapes is typically made from high-quality Kraft paper, which provides strength and durability. The paper is flat and smooth, allowing for easy handling and application.

Flatback paper tapes are known for their high tensile strength and tear resistance. They can withstand rough handling, making them suitable for applications that require a strong bond and durability. These tapes are commonly used for packaging applications, such as sealing cartons, bundling items together, and reinforcing packages. They are also useful for splicing paper and cardboard materials, holding down carpets or mats, and general-purpose sealing and repairs.

COVID-19 IMPACT

"Increased Packaging to Boost Demand Significantly"

COVID-19 had a life changing impact globally. The flatback paper tapes market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for flatback paper tapes experienced an increased demand.

The pandemic has caused significant disruptions in global supply chains due to lockdowns, travel restrictions, and reduced manufacturing capacity. These disruptions may have affected the production, sourcing, and distribution of flatback paper tapes, potentially leading to shortages or delays in availability.

Supply chain disruptions and increased demand can result in price fluctuations for various products, including flatback paper tapes. Depending on the specific market conditions, prices may have experienced volatility during the pandemic. With a surge in e-commerce and online shopping during the pandemic, the demand for packaging materials, including tapes, has increased. Flatback paper tapes are commonly used for packaging applications, and the higher demand may have put additional pressure on the supply chain. The market is anticipated to boost the flatback paper tapes market share following the pandemic.

LATEST TRENDS

"High Performance Adhesives to Broaden Market Growth"

Manufacturers of flatback paper tapes are constantly working on improving the adhesive properties to ensure strong and reliable bonding on various surfaces. High-performance adhesives can enhance the tape's performance in challenging applications, such as sealing heavy or irregularly shaped packages, splicing, or bundling.

There is a growing demand for flatback paper tapes designed for specific applications. Tapes with enhanced water resistance, heat resistance, or conformability properties are being developed to cater to specialized requirements in different industries. These application-specific tapes aim to provide optimal performance and reliability in specific use cases. These latest developments are anticipated to boost the flatback paper tapes market share.

Flatback Paper Tapes Market Segmentation

• 
• Request a Free sample to learn more about this report

• By Type

Based on type, the market is divided into utility grade flatback paper tapes, medium grade flatback paper tapes, and premium grade flatback paper tapes.

Utility Grade Flatback Paper Tapes holds a major share of the global market.

• By Application

Based on application, the market is bifurcated into splicing, packaging & sealing, masking, tabbing, and others.

Splicing as application holds a major share of the global market.

DRIVING FACTORS

"Strength & Durability to Boost Market Share"

Flatback paper tapes are known for their strength and durability. They provide reliable bonding and can withstand rough handling, making them suitable for applications that require a secure and long-lasting seal. Their tear resistance and ability to withstand pressure contribute to their popularity in industries that require robust packaging solutions. The writable surface of flatback paper tapes offers added functionality. It allows users to write on the tape with markers or pens, making it convenient for labeling, identification, or marking packages.

"Packaging Industry to Boost Market Size"

The packaging industry is a significant driver for flatback paper tapes. These tapes are commonly used for sealing and securing packages, cartons, and boxes. With the growth of e-commerce and increased focus on efficient packaging solutions, the demand for flatback paper tapes has been on the rise. Flatback paper tapes are versatile in their applications. They can be used for various purposes, such as packaging, splicing, bundling, and general-purpose sealing. These factors are anticipated to drive the flatback paper tapes market share.

RESTRAINING FACTORS

"Limited Moisture Resistance to Hamper Market Share"

Flatback paper tapes, although versatile, may have limitations in moisture resistance compared to some other tape options. Excessive exposure to water or high humidity levels can cause the paper backing to weaken or lose its adhesive properties. This makes them less suitable for applications that require high moisture resistance or in environments with extreme humidity. The factors are anticipated to hinder the growth of the flatback paper tapes market share.

Flatback Paper Tapes Market Regional Insights

• 
• Request a Free sample to learn more about this report

"North America Dominates the Flatback Paper Tapes Market "

North America is the major shareholder for the flatback paper tapes market share. The region has a sizable manufacturing sector and a strong focus on packaging. Industries such as e-commerce, food and beverage, logistics, and general manufacturing contribute to the demand for packaging materials, including flatback paper tapes. The region's expanding e-commerce market and increasing consumer demand contribute to the demand for packaging materials, including flatback paper tapes. Europe is the second major shareholder for the flatback paper tapes market share.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• 3M [U.S.]
• Intertape Polymer Group [Canada]
• Shurtape Technologies [U.S.]
• Tesa [Germany]
• Nitto [Japan]
• Berry Plastics [U.S.]
• Shanghai Yongguan [China]
• Shanghai Smith Adhesive [China]
• Crown [U.S.]
• Pro Tapes & Specialties [U.S.]
• ECHOtape [Canada]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.