Philippines Gummed Tapes Market Synopsis
The gummed tapes market in the Philippines has demonstrated stable growth, supported by the packaging sector`s demand for effective sealing solutions. The CAGR for this market is estimated to be about 8.2%.
Drivers of the Market
Factors like e-commerce growth, packaging industries, and increased shipping activities can drive the demand for gummed tapes. Secure and eco-friendly packaging solutions are important drivers of this market.
Challenges of the Market
The Philippines Gummed Tapes Market faces challenges in a digital age where electronic communication and packaging alternatives are prevalent. Positioning gummed tapes as eco-friendly, secure, and versatile packaging solutions requires overcoming established habits and perceptions.
COVID-19 Impact on the Market
The demand for gummed tapes in the Philippines has been affected by the pandemic as businesses reduced their packaging and shipping activities. The decline in e-commerce sales and overall business activities has led to a decrease in the market demand for gummed tapes. However, as economic activities pick up, the market is expected to recover.
Key Players in the Market
Key players in the Philippines Gummed Tapes Market include 3M, Intertape Polymer Group, and tesa SE.
Key Highlights of the Report:
- Philippines Gummed Tapes Market Outlook
- Market Size of Philippines Gummed Tapes Market, 2024
- Forecast of Philippines Gummed Tapes Market, 2031
- Historical Data and Forecast of Philippines Gummed Tapes Revenues & Volume for the Period 2021-2031
- Philippines Gummed Tapes Market Trend Evolution
- Philippines Gummed Tapes Market Drivers and Challenges
- Philippines Gummed Tapes Price Trends
- Philippines Gummed Tapes Porter's Five Forces
- Philippines Gummed Tapes Industry Life Cycle
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Backing Material for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Paper Gummed Tapes for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Fiber Reinforced Gummed Tapes for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By White Gummed Tapes for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Brown Gummed Tapes for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Adhesive Type for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Starch Adhesives for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Other Adhesives for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Box & Carton Sealing for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Splicing for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By End Use for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Shipping & Logistics for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Building & Construction for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Food & Beverages for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Healthcare & Hygiene for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Metalworking for the Period 2021-2031
- Historical Data and Forecast of Philippines Gummed Tapes Market Revenues & Volume By Oil & Gas for the Period 2021-2031
- Philippines Gummed Tapes Import Export Trade Statistics
- Market Opportunity Assessment By Backing Material
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Adhesive Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End Use
- Philippines Gummed Tapes Top Companies Market Share
- Philippines Gummed Tapes Competitive Benchmarking By Technical and Operational Parameters
- Philippines Gummed Tapes Company Profiles
- Philippines Gummed Tapes Key Strategic Recommendations