Over the five years to 2016, industry revenue is anticipated to decrease. In 2016 alone, however, recovering demand from paper wholesalers is expected to cause industry revenue to rise. Over the five years to 2021, revenue is expected to recover even more, with the majority of industry restructuring having already occurred. Increased profitability has reduced pressure on operators to consolidate or offshore operations. Although structural challenges will remain a concern for the industry in the long term, rising consumer confidence and increased consumer spending will support demand for industry products over the next five years. Consequently, industry revenue is expected to increase modestly over the five-year period.
This industry manufactures a range of nonmedical use tapes, including gummed sealing tape, paper base and reinforced adhesive tapes, among other related products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.