Holographic Tear Tape Market, Size & Covid-19 Analysis, By Type (Polypropylene (PP) Holographic Tear Tape, Polyvinyl Chloride (PVC) Holographic Tear Tape, Polyethylene (PE) Holographic Tear Tape, Polyethylene Terephthalate (PET) Holographic Tear Tape, Others), By Application (Food and Beverage Industry, Tobacco Industry, Pharmaceutical Industry, Personal Care and Cosmetics Industry, Electrical and Electronics Industry, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) –Forecast, 2021-2030

The Holographic Tear Tape Market is projected to grow from USD XX billion in 2020 to USD XX billion in 2030 at a CAGR of XX% during the forecast period. The holographic tear tape market is anticipated to witness significant growth during the forecast period.

Holographic tear tape is basically designed for use as an easy opening application for packaging formats. Holographic tear tape is used for removing the top of the pack to create a lid or in applications where the heavy-duty opening solution is needed. Not only this but holographic tear tape also helps in eliminating the use of scissors or knives for opening the packet.

Holographic Tear Tape Market

Moreover, the cost-friendly opening system offered by the holographic tear tape helps to reduce the use of material. Holographic tear tape also offers a tamper-evidence feature to indicate packaging is intact. Furthermore, holographic tear tape is widely used on shrink sleeves, overwraps, blister packs as well as flow packs for the product from certain end-use industries like food, tobacco, pharmaceuticals, cosmetics, etc.

Consumer these days are in search of a convenient easy opening solution like holographic tear tape which also reduces wrap rage. So instead of using a hologram in label form holographic tear tape can make it in the form of tape and use it to seal a container. These days brand owners are using holographic tear tape for giving aesthetic looks to the packaged product and boosts the brand promotion.

COVID 19 Impact

The coronavirus outbreak has impacted the holographic tear tape market, which has created few new business opportunities. Overall competitive landscape, as well as market dynamics, have been severely disrupted due to the pandemic.

DRIVING FACTORS

Cost-friendly as well as convenient packaging solution offered by holographic tear tape for driving the market over the forecast period. Apart from this, another factor that is responsible to boost the growth of the holographic tear tape market is that it replaces the use of mechanical fasteners such as knives and scissors.

Moreover, the increasing demand for zero frustration packaging with the tamper-evident solution for food application is increasing the growth of the holographic tear tape market. Not only this but also the attractive growth opportunity from the eCommerce industry is also creating upsurge demand for the holographic tear tape market.

SEGMENTATION

By Product Analysis

Based on the product, the global holographic tear tape market is segmented into polypropylene holographic tear tape, polyethylene holographic tear tape, polyvinyl chloride holographic tear tape, polyethylene terephthalate holographic tear tape, and others.

By Application Analysis

On the basis of application, the market is segmented into food and beverage, pharmaceutical tobacco, personal care and cosmetics, electrical and electronics and others. Among all these segments, the market will witness immense growth in the electrical and electronic industry during the forecast period.

In India, the electronics industry is known to be the fastest-growing segment in terms of production as well as exports. On the other hand, the food and beverage industry is also holding the major share owing to the increasing spending among the customers on food and beverages products. Apart from this the overall growth of the pharmaceutical industry is also going to remain healthy.

Holographic Tear Tape Market

By Region Analysis

On the basis of region, the market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and South America. Among these regions, North America is going to witness significant growth in the global market which is again followed by the Asia Pacific owing to the presence of the rising sectors such as electrical and electronics in certain countries like Canada and the US along with the increasing adoption of rapid technological advancement. The Middle East and Africa are also going to show steady growth during the forecast period.

LIST OF KEY COMPANIES PROFILED

  • Matrix Technologies’Bajaj Holographics Pvt Ltd
  • Bagla Group
  • Hira Holovision
  • White Clouds Packing Materials Co. Ltd
  • Kiranholographics
  • Kalibruis
  • Essentra plc

By Type

  • Polypropylene Holographic Tear Tape
  • Polyethylene Holographic Tear Tape
  • Polyvinyl Chloride Holographic Tear Tape
  • Polyethylene Terephthalate Holographic Tear Tape
  • Others

By Application

  • Tobacco
  • Food and beverage
  • Pharmaceutical
  • Electrical and electronics
  • Personal care and cosmetics
  • Others

By Region:

North America

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by type
  • North America, by application  

Europe

  • Europe, by Country
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia           
    • Rest of Europe
  • Europe, by type
  • Europe, by application

Asia Pacific

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Asia Pacific, by type
  • Asia Pacific, by application  

Middle East & Africa

  • Middle East & Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by type
  • Middle East & Africa, by application

South America

  • South America, by Country
    • Brazil
    • Argentina
    • The Rest of South America
  • Rest of South America, by type
  • Rest of South America, by application

FAQs Answered in the Report

  • In the holographic tear tape industry, what are the most important regional markets?
  • What is the market segmentation based on type?
  • What is the market segmentation based on application?
  • What are the different phases of the market’s value chain?
  • What are the major drivers and threats in the market?
  • Who are the main players in the market and what is their structure?
  • What level of rivalry does the holographic tear tape market have?
  • What are the profit margins in the market?

Objectives of this report:

  • To estimate the market size for the holographic tear tape market on a regional and global basis.
  • To identify major segments in the holographic tear tape market and evaluate their market shares and demand.
  • To provide a competitive scenario for the holographic tear tape market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of the holographic tear tape market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • It provides niche insights for a decision about every possible segment helping in the strategic decision-making process.
  • Market size estimation of the holographic tear tape market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the holographic tear tape market.

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

For more information, contact: sales@quincemarketinsights.com