The Adhesive Tape Manufacturing industry has struggled over the past five years, with weak downstream demand and intensified import competition resulting in poor sales for domestic manufacturers. Several industry operators were forced to restructure operations by reducing employment and outsourcing production to foreign factories. However, after enduring years of ongoing contraction, the industry is expected to stabilize over the five years to 2020. Although structural challenges will remain a concern for the industry in the long term, rising consumer confidence and increased consumer spending will likely characterize the industry in the coming five years. While growth will be modest at best, the next five years are expected to be steady for the industry with reduced levels of revenue volatility.
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.