Global Splicing Tape For Paper and Flexible Films Market Insights Forecasts to 2033

• The Global Market Size is Growing at a 4.4% CAGR of from 2023 to 2033
• The Worldwide Global Splicing Tape for Paper and Flexible Films Market Size is Expected to Hold Significant Share by 2033
• Europe is Expected to Grow the fastest during the forecast period.

The Global Splicing Tape for Paper and Flexible Films Market Size is Anticipated to Hold a Significant Share by 2033, Growing at a CAGR of 4.4% from 2023 to 2033.

Market Overview

Splicing tapes are commonly used to form a connection between two sheet materials, such as the principal edge section of the outer turn of a roll of sheet material and the second roll of sheet material. Both static and dynamic modes can be used to carry out the splicing procedure. Splicing tapes come in a range of carriers with various adhesive arrangements. The rising population and widespread digitalization have increased the need for splicing tapes in the paper, printing, and packaging industries. The market for online shopping has been fueled by the process of digitalization, which has increased demand for packaging and labelling. Additionally, consumers are becoming more interested in paper and paperboard packaging due to its practical applications in manufacturing, healthcare, food and beverage, personal care, and other industries, which will fuel market growth globally. Furthermore, materials such as polyester, polypropylene, or polyethene are used to make flexible films. Depending on the use, these films come in thick and thin sizes. These films also offer an affordable option and are resistant to chemicals, water, and moisture. These advantages make it a great option and increase demand for it in the electronics, automotive, packaging, and agricultural sectors. In addition, the makers have developed a sustainable solution in response to the growing environmental pollution caused by the growing amount of plastic trash. Thus, there is a growing market for environmentally friendly films.

Report Coverage

This research report categorizes the market for the global splicing tape for paper and flexible films market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global splicing tape for paper and flexible films market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global splicing tape for paper and flexible films market.

Driving Factors

The packaging industry makes significant use of splicing tapes, whether they are single- or double-coated. Splicing tapes find significant applications in the packaging business, where they are used to produce flexible packaging films, corrugated boxes, and several other packaging applications. With rising global consumption of food, personal care products, e-commerce, and other services, the packaging industry is expanding spectacularly. This is expected to fuel market expansion. Within the electronics sector, the product's use appears in inflexible electronic gadgets like LCDs' light-management films and touchscreens. The demand for these films will rise as a result of people's growing concerns about the security and safety of their cars and the technology industry's explosive expansion. Therefore, during the forecast period, these factors will drive the market's expansion.

Restraining Factors

Recycling plastic materials takes a lengthy time in comparison to plastic manufacturing. This is because the collection, sorting, shredding, washing, melting, and pelletizing processes are time-consuming. These are some of the variables influencing the total demand for plastics. This is expected to impede market growth and further decrease product acceptance.

Market Segmentation

The global splicing tape for paper and flexible films market share is classified into material type, application, and end user industry.

• The paper-based splicing tape segment is expected to hold the largest share of the global splicing tape for paper and flexible films market during the forecast period.   

Based on the material type, the global splicing tape for paper and flexible films market is categorized into paper-based splicing tape and film-based splicing tape. Among these, the paper-based splicing tape segment is expected to hold the largest share of the global splicing tape for paper and flexible films market during the forecast period. The paper-based splicing tape used in the paper and printing industries might be single-sided or double-sided, as well as repulpable or non-repulpable. The paper industry uses paper-ear strength, good age resistance, and high tensile strength, which are characteristics of splicing tape in particular. splicing tapes primarily in the process of making paper. Moreover, they serve in the production of flexographic printing, end tabs, permanent overlapped splices, packing paper, and other materials. High shear strength, good age resistance, and high tensile strength are characteristics of splicing tape in particular.

• The splicing flexible film substrates segment is expected to grow at the fastest CAGR during the forecast period.   

Based on the application, the global splicing tape for paper and flexible films market is categorized into joining and splicing paper rolls, splicing flexible film substrates, and others. Among these, the splicing flexible film substrates segment is expected to grow at the fastest CAGR during the forecast period. Film sheets, paper, corrugated board, and other materials such as non-woven sheets and fluff pulp are joined together using splicing flexible film substrates. Splicing tapes are used in the paper and printing industries for tabbing and closing rolls of printing substrate as well as combining two materials to create a longer printing surface that allows for continuous manufacture. Depending on the materials being spliced, different backing materials and adhesive kinds are utilized for splicing tapes in different industries.

• The printing and packaging segment is expected to hold a significant share of the global splicing tape for paper and flexible films market during the forecast period.

Based on the end user industry, the global splicing tape for paper and flexible films market is categorized into printing and packaging, paper manufacturing, flexible packaging, and others. Among these, the printing and packaging segment is expected to hold a significant share of the global splicing tape for paper and flexible films market during the forecast period. The printing & packaging industry's increased need for food packaging for a variety of goods, including packaged food, medical equipment, electronics, and clothing, is responsible for the films' increased use. This is because of its great transparency, affordability, and ease of handling qualities. As a result, these elements will increase product consumption for use in packaging.

Regional Segment Analysis of the Global Splicing Tape for Paper and Flexible Films Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is projected to hold the largest share of the global splicing tape for paper and flexible films market over the forecast period.

Asia Pacific is projected to hold the largest share of the global splicing tape for paper and flexible films market over the forecast period. With the global economy generally slowing down, APAC has proven to be a highly promising market for splicing tapes for paper and flexible films. One of the main reasons propelling the market for splicing tapes for paper and flexible films is the rapid growth of the paper, printing, and packaging sectors in tandem with the population increase. More developed markets in regions such as Japan and China are likely to grow slowly or not at throughout the forecast period, while markets in China, India, and other quickly emerging nations are predicted to grow at the quickest rate. China is the largest and second-fastest-expanding economy in the Asia-Pacific region, after India. One of the biggest producers of pulp and paper products worldwide at the moment is China. Chinese producers have continuously made investments in the newest paper-making technologies.

Europe is expected to grow at the fastest CAGR growth of the global splicing tape for paper and flexible films market during the forecast period. Adoption of the product will increase in nations like Germany and France due to the increasing need for it to protect vehicle parts from strain and warmth. Europe's product demand will soar due to the growing need for products in the electronics industry, particularly for LCDs and sensors. Additionally, this region's demand for products will increase due to the increased R&D efforts for product innovation.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global splicing tape for paper and flexible Films market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Innovia Films
• Amcor Ltd
• tesa SE 
• 3M Company 
• Nitto Denko Corporation 
• Avery Dennison Corporation 
• Intertape Polymer Group, Inc. 
• Scapa Group PLC 
• Shurtape Technologies, PLC
• Bemis Company, Inc.
• The Wipak Group
• LINPAC Group
• Jindal Poly Films Ltd.
• Berry Plastics Corporation
• AEP Industries Inc.
• Max Speciality Films Limited
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global splicing tape for paper and flexible films market based on the below-mentioned segments: 

Global Splicing Tape for Paper and Flexible Films Market, By Material Type

• Paper-Based Splicing Tape 
• Film-Based Splicing Tape

Global Splicing Tape for Paper and Flexible Films Market, By Application

• Joining and Splicing Paper Rolls
• Splicing Flexible Film Substrates
• Others

Global Splicing Tape for Paper and Flexible Films Market, By End User Industry

• Printing and Packaging
• Paper Manufacturing
• Flexible Packaging
• Others

Global Splicing Tape for Paper and Flexible Films Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa