Holographic Tear Tape Market Expectations and Growth Trends Highlighted Until 2029
Holographic tear tape are designed to use as an easy opening application for packaging formats. Holographic tear tape can be used to remove the top of the pack, to form a lid, or in applications where a heavy duty opening system is required. Holographic tear tape also eliminates the use of scissors or knives for opening a package.
Furthermore, cost
effective opening solution provided by holographic tear tape helps in
reducing the usage of material. Holographic tear tape also provides tamper
evidence feature for indicating packaging is intact. In addition holographic
tear tape are effectively used on overwraps, shrink sleeves, flow
packs, and blister packs for products from end-use industries like
tobacco, food, pharmaceuticals, personal care, and cosmetics, etc.
Holographic tear tape
provides protection against counterfeiting owing to tamper evident feature. The
use of holographic tear tape are in various end-use industries based on low
mechanical resistance, which helps in easy tear of their carrier material.
Holographic tear tape are used for applications where fast and easy removal of
packaging is required.
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Consumers nowadays
are looking for convenient easy opening solutions like holographic tear tape
which also reduces wrap rage. Instead of usage of hologram in label form
holographic tear tape can take it in tape form and use it for sealing a
container.
Nowadays, brand
owners are using holographic tear tape for aesthetic looks of the packaged
product and also increasing their brand promotion. Furthermore, the most
preferred materials used for holographic tear tape are aluminum, biaxially
oriented polypropylene (BOPP), and mono oriented polypropylene (MOPP).
Global Holographic Tear Tape Market – Dynamics
Cost effective and
convenient packaging solution provided by holographic tear tape to drive the
market during the forecast period. Another factor responsible for boosting the
growth of holographic tear tape market is that it replaces the usage of mechanical
fasteners like scissors, knifes, etc. for opening a package.
In addition, the
growing demand for frustration free packaging with tamper
evident solution for food application is driving the growth for
holographic tear tape market. Furthermore, the lucrative opportunity from
ecommerce industry also creating upsurge demand for holographic tear tape
market. Moreover, decrease in tobacco sales which accounts for the utmost share
of holographic tear tape is expected to the market during the forecast period.
Global Holographic Tear Tape Market – Regional Overview
In North America,
U.S. is estimated to dominate the holographic tear tape market during the
forecast period. Moreover, decrease in sales of cigarette in North America
region is anticipated to hinder the market to a certain extent. In Asia Pacific
region, India, China and South Asian countries estimated to witness extensive
growth for holographic tear tape market.
Global Holographic Tear Tape Market – Key Players
A few of the key
players in the holographic tear tape market Essentra Plc., 3M Company, Bagla
Group, H.B. Fuller Company, DS Smith plc., Marotech Inc., tesa SE, Wavelock
Advanced Technology Co., Ltd, etc.
The report on
holographic tear tape market is a compilation of first-hand information, and
qualitative & quantitative assessment by industry analysts, as well as inputs
from industry experts and industry participants across the value chain.
The report provides
an in-depth analysis of parent market trends, macroeconomic indicators, and
governing factors, along with market attractiveness as per segment. Holographic
tear tape market also maps the qualitative impact of various market factors on
market segments and geographies.
Global Holographic Tear Tape Market – Segmentation
The global
holographic tear tape market is segmented by material type, width, application,
and end use. The pricing for holographic tear tape has being done based on
width segment in US$ million, and the volume is considered in sq. mt.
On the basis of
material type, the global holographic tear tape market is segmented into –
·
Polypropylene (PP)
·
Biaxially Oriented Polypropylene (BOPP)
·
Cast Polypropylene (CPP)
·
Mono Oriented Polypropylene (MOPP)
·
Polyvinyl Chloride (PVC)
·
Aluminum
·
Polyethylene Terephthalate (PET)
·
Polyethylene (PE)
·
Others
On the basis of
width, the global holographic tear tape market is segmented into –
·
Up to 2.5 mm
·
2.6 mm to 5.0 mm
·
5.1 mm to 6.0 mm
·
Above 6.0 mm
On the basis of
application, the global holographic tear tape market is segmented into –
·
Boxes
·
Envelops
·
Cartons
·
Others
On the basis of end
use, the global holographic tear tape market is segmented into –
·
Food
·
Tobacco
·
Pharmaceuticals
·
Personal Care & Cosmetics
·
Electrical & Electronics
·
Others (Agriculture, Logistics, etc.)
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