Global Gaffers Tape
Market Report
2024
The Global Gaffers Tape market size is USD 0.315 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Gaffers Tape market size is USD 0.315 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Gaffers Tape Market Sales Revenue 2023 | $ 0.315 Billion |
Global Gaffers Tape Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Market Split by Type |
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Market Split by Application |
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Market Split by Material |
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Market Split by Adhesive |
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Market Split by Size |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Gaffers Tape Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Launching eco-friendly tapes is a key trend in the gaffers tape market. Several countries worldwide have banned the use of toxic materials used in manufacturing gaffers goods. Enhanced demand for recyclable tapes has been caused by federal policies as well as a shift in end-user emphasis toward environmentally tolerable goods. Many organizations are moving from PVC to bio-degradable materials such as paper and cellulose for manufacturing tapes.
For instance, in January 2021, Italy-based IRPLAST launched its ECO+ tape, created of 34% post-industrial reclaimed IRPLAST BOPP film. The substances are created from recycled cardboard, and the tape decreases emissions without losing adhesion grade.
(Source:www.labelsandlabeling.com/news/substrates-adhesives/irplast-launches-eco-tape)
The widespread use of e-commerce, tighter global waste restrictions, and rising consumer knowledge of the value of sustainability are just a few of the many variables that have contributed to the current fast rate of change. To survive this unprecedented transformation faced by CEOs, next-generation industry winners must modernize and future-proof their company structures and marketing strategies. Many gaffer tape players will be put to the test by transformational shifts.
For instance, according to the Census Bureau’s Annual Retail Trade Survey (ARTS), e-commerce sales enhanced by 43% or $244.2 billion in 2020, the first year of the COVID-19 pandemic, growing from $571.2 billion in 2019 to $815.4 billion in 2020.
(Source:www.census.gov/library/stories/2022/04/ecommerce-sales-surged-during-pandemic.html)
Manufacturers of gaffer tape must consider costs and the availability of raw materials to select the price structures of their products. The raw materials used to make gaffer tapes include rubber, silicone, acrylic, polypropylene (PP), paper, adhesives, polyvinyl chloride (PVC), and release liners. Most of these natural materials are products of petroleum that are vulnerable to fluctuations in commodity prices. Due to rising global demand and unrest in the Middle East, oil prices have been quite volatile. Uncertainty and changes in feedstock prices and availability impact the market's growth.
The gaffers tape market experienced considerable disruptions due to the COVID-19 pandemic. Initially, as enterprises and events shut down, the market plummeted. The entertainment and live events sector, a major customer of gaffers tape, nearly halted, leading to decreased production and sales. Supply chain disruptions also affected availability. However, the market gradually rose as industries adjusted to the new normal. Remote work and DIY projects surged, growing the demand for gaffers' tape in home improvements and makeshift studios. Additionally, healthcare facilities utilize it to provide personal protective equipment. Manufacturers adapted production lines to satisfy evolving demands, including producing antimicrobial gaffer tape for healthcare settings.
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The major players are embarking on mergers and acquisitions as one of their prominent strategies to achieve consolidation and optimize their offerings. Advanced distribution channels and manufacturing expertise give an upper edge to the manufacturers to enhance their range of products across the Gaffers Tape market.
June 2022: Intertape Polymer Group Inc., a packaging products & systems firm, was acquired by Clearlake Capital Group L.P. in an all-cash deal worth $2.6 billion. Clearlake obtained the definitive shares of IPG standard stock for CDN$40.50 per share.
March 2021: Avery Dennison Corporation acquired JDC Solutions, a private manufacturer of pressure-sensitive specialty tapes. These tapes are used in various high-value industrial applications.
Top Companies Market Share in Gaffers Tape Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2023 and accounted for more than 35% of the global revenue, owing to the existence of a robust manufacturing base in the U.S., along with the immediate growth of the automotive industry to augment the market demand. The expanding popularity of electric vehicles with enhanced features and technologies is projected to augment the market. Investments in the U.S. to increase the production of electric vehicles and associated modern car components are further expected to increase the demand for gaffers’ tapes.
Asia-Pacific is the fastest-growing category over the forecast period due to the increasing number of concerts, film productions, and live events across countries like China, India, and South Korea, which has led to a rising demand for gaffers tape for cable management, stage setups, and equipment securing. Additionally, the region's growing construction and manufacturing sectors further contribute to the market's expansion, with wider gaffers tapes being used for heavy-duty applications.
The current report Scope analyzes Gaffers Tape Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Gaffers Tape Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Gaffers Tape Industry growth. Gaffers Tape market has been segmented with the help of its Type, Application Material, and others. Gaffers Tape market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, matte-colored gaffer tape has emerged as a significant trend in the gaffer tape market. Matte finishes offer a non-reflective, understated appearance, making them ideal for applications where aesthetics matter. This includes the film and photography industry, where matte gaffer tape is preferred to prevent unwanted glare on set.
Fluorescent color is the second-most used product due to its high visibility and eye-catching characteristics. These vibrant colors, which include neon pinks, greens, and oranges, have become popular in various applications where visibility is crucial. One of the primary drivers behind the increasing demand for fluorescent-colored gaffer tape is its use in safety and hazard marking.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Gaffers Tape Industry. Request a Free Sample PDF!
Concert and theatre stages play a pivotal role in the gaffers' tape market, with the primary driver being the tape's essential role in stage setup, safety, and aesthetics. Gaffer tape is a staple in these environments due to its ability to secure cables and wires discreetly, preventing tripping hazards for performers and crew. It also serves as a versatile tool for marking stage positions, ensuring precise placement of props and equipment during performances.
According to Cognitive Market Research, automotive is the fastest-growing category owing to the expanding demand for tapes in automotive electronics such as air conditioning systems, interior & exterior lights, light assemblies, battery connectors & wires, electronic components, sensors, and several other electronic devices.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Polyethylene held the major market share over the forecast period. The growing need for efficient moldable packaging products is driving the demand for the global gaffers' tapes market. Polyethylene is the most frequently used plastic in the packaging industry.
According to Cognitive Market Research, PVC is the second-most popular product due to its ability to withstand harsh conditions, including exposure to moisture, UV rays, and temperature fluctuations. This durability is especially valuable in the entertainment, construction, and event management industries, where gaffer tape is used for securing cables, marking stages, and providing temporary fixes.
The rubber held the major market share as rubber-based adhesives provide strong bonding capabilities, excellent tackiness, and residue-free removal, making them ideal for gaffer tape applications. In the entertainment industry, rubber-based gaffer tape is essential for securing cables and wires to various surfaces, ensuring safety and organization on film sets and stages.
According to Cognitive Market Research, acrylic is the fastest-growing category due to its versatility and performance. Acrylic-based gaffer tapes are known for their exceptional adhesive strength, durability, and resistance to various environmental conditions. This makes them essential in multiple industries, including entertainment, construction, and events.
0.5-1 inch holds the major market share as this narrower size is highly versatile and finds applications in various industries. Its compact width makes it ideal for cable and wire management, securing lightweight equipment, and precision marking on stages and sets.
According to Cognitive Market Research, above 3 inches is the fastest-growing category as these wider tapes are crucial for heavy-duty applications, offering enhanced strength and coverage. Construction, manufacturing, and automotive industries rely on them for securing large cables, bundling heavy equipment, and providing temporary floor markings.
Online holds the major market share as purchasing tobacco products allows customers to browse numerous options and purchase from the comfort of their homes. This convenience factor has significantly contributed to the popularity of online channels, especially among busy individuals or those living in remote locations with little access to physical tobacco retailers.
According to Cognitive Market Research, direct sales is the fastest-growing category as consumers prefer these stores as they offer considerable discounts and offers and are present close to the users, facilitating immediate demand fulfillment.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Gaffers Tape Market is witnessing significant growth in the near future.
In 2023, the Matte Color segment accounted for noticeable share of global Gaffers Tape Market and is projected to experience significant growth in the near future.
The Film & Television Industry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3M , Pro Tapes Specialties and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Matte Color, Fluorescents Color |
Application | Film & Television Industry, Concert & Theater Stages, Industrial Use, Electronic Industry, Automotive, Audio Visual, Packaging, Sports, Other |
Material | Polyethylene, Cloth, PVC |
Adhesive | Rubber, Acrylic |
Size | 0.5-1 Inch, 1.1-2 Inches, 2.1-3 Inches, Above 3 Inches |
Distribution Channel | Offline, Online |
List of Competitors | 3M, Tesa SE (Beiersdorf Company), Pro Tapes Specialties, Tour Supply Inc, Polyken, Shurtape Technologies LLC, Pro Tapes Specialties, Gaff Tapes, Scapa Group plc, Gaffer Power Inc , Nitto Denko Corporation, Presto Tape, Intertape Polymer Group Inc, Brown Tape Products, Can-Do National Tape |
This chapter will help you gain GLOBAL Market Analysis of Gaffers Tape. Further deep in this chapter, you will be able to review Global Gaffers Tape Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Material Analysis 2019 -2031
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Chapter 13 Market Split by Adhesive Analysis 2019 -2031
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Chapter 14 Market Split by Size Analysis 2019 -2031
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Chapter 15 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Gaffers Tape market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Matte Color have a significant impact on Gaffers Tape market? |
What are the key factors affecting the Matte Color and Fluorescents Color of Gaffers Tape Market? |
What is the CAGR/Growth Rate of Film & Television Industry during the forecast period? |
By type, which segment accounted for largest share of the global Gaffers Tape Market? |
Which region is expected to dominate the global Gaffers Tape Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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