The Global Painter’s Tape Market is likely to ascend at a CAGR of 5.9% over the forecast period (2021-2027) according to QuantAlign Research. The demand for Painter’s tape is expected to reach “USD 546.4” Million by 2027. The growth of the Painter’s tape market is primarily attributed to its acceptance as specialized tape, providing perfects sharp edges to the paint job. Painter tape is easy to apply and remove without leaving a residue, even on fragile and irregrular surfaces, both indoors and outdoors.
During the forecast period, demand growth for Painter’s tape will be supported by increasing demand from the infrastructural development projects coupled with expanding applications across various end user industries including automotive aftermarket and others . While the use of painter’s tape for repairing walls and doing wall paint has proved its effectiveness in modern construction, the development of tapes for precise and extreme temperature applications across various industries is still being done at fast pace .
Manufacturers are keen to develop bioplastic-based adhesive tape backing, which is deemed stable, safe, and ecologically beneficial, and is expected to gain popularity as consumers become more conscious of the need for ecologically sustainable products. Innovations and advancements in adhesive and tape industry has led to better functioning, and have broadened the scope of application of painter tapes across diverse industries. Furthermore, with the outbreak of Covid 19, the construction industry is reconsidering a systems approach to engineering design and construction, leading to higher adoption of new smart solutions supported by ecommerce channels for sales.
Global Painter’s Tape Market Demand Outlook, COVID-19 Impact, Trend Analysis by Type (Multi-surface painter’s tape, Surface specific painter’s tape), by Compatibility (Wood, Metal, Glass, Vinyl, Others), by Design (Double Sided Tape, Single Sided Tape), by Application, by Thickness, by End Use, and Industry Estimates 2021-2027
– “https://quantalignresearch.com/global-painters-tape-market-report“
Key insights:
Key players operating in the market include: 3M, PPM, STIKK TAPE, FrogTape, Intertape Polymer Group, Presto Tape, tesa, Duck Brand, Shurtape Technologies, LLC, as, Nashua, are among others.
The demand for Painter’s Tape is expected to reach USD 546.4 Million by 2027
Key players operating in the market include: 3M, PPM, STIKK TAPE, FrogTape, Intertape Polymer Group, Presto Tape, tesa, Duck Brand, Shurtape Technologies, LLC, as, Nashua; among others.