Handheld Tape Dispensers Market: Market Overview
Since last decade, tape dispenser is regularly used stationary product and now handheld tape dispensers have become fundamental requirement on commercial level. Handheld tape dispensers provide special functionality which reduces the wastage of tape while packaging, compare to other types of tape dispensers. While packaging multiple products, handheld tape dispensers save both time and energy and further simplifies the process. According to the different applications different types of tapes are used in handheld tape dispensers such as industrial tapes, adhesive tapes, pressure sensitive tapes and many more. Additionally, depending on the end use various shapes and sizes of the handheld tape dispensers are available in the market. Among manufacturers of handheld tape dispensers innovation has become a new trend. They seem to provide technologically advanced handheld tape dispensers to fulfil the consumers demand. For easy handling and storing purpose foam based handheld tape dispensers have designed. For the easy application without wastage, newly innovated handheld tape dispensers come up with adjustable knob and this has made them more comfortable to use for long duration. These innovations have become the important driving factors of handheld tape dispensers in recent times.
Handheld Tape Dispensers Market: Market Dynamics
Growth in demand for handheld tape dispensers is expected to expand strongly for several reasons. Handheld tape dispensers have experienced major pull in the market due to the growth of altogether packaging industry. Struggling with the end of the tape which has gotten stuck to the roll, is the recurring problem caused during the usage of the tape which results into the waste of time. Handheld tape dispensers make this task very easy by keeping tape in ready position. This helped to save the massive wastage of time and energy. Handheld tape dispensers allow user to pull a straight line every time, which make process easy and fast. This is another reason contributed in the rapid growth of the handheld tape dispensers market.
On the contrary, there are some factors which affect negatively on the growth of the demand for handheld tape dispensers. The primary capital expenses required for handheld tape dispensers are slightly on a higher level. Additionally, filling the tape in the dispenser is not so easy procedure, which make them little complex than other types of tape dispensers. This may hamper growth of the handheld tape dispensers market in the forecasted period. COVID-19 outbreak is expected to have significant impact on the packaging industry for a longer time, which will continue to show negative impacts on growth of the handheld tape dispensers in the near future.
Handheld Tape Dispensers Market: Segmentation
On the basis of product type, global handheld tape dispensers market can be segmented as:
- Manual
- Semi-automatic filament tape dispensers
- Automatic
On the basis of end use applications, global handheld tape dispensers market can be segmented as:
- Office
- Commercial
- Retail
On the basis of end use industry, global handheld tape dispensers market can be segmented as:
- Consumer goods
- Electronics
- Food and Beverage
- Medical
- Retail
- Life sciences and Medical
- General Industrial
- Others (paper, print, woodworking etc.)
Handheld Tape Dispensers Market: Regional Outlook
Geographically, the rising growth of handheld tape dispensers in the East and South Asia region is because of the emerging countries like India and china. These countries are experiencing massive industrial growth and have huge growth of packaging industry. This reason has made Asian countries to witness increasing domination in the handheld tape dispensers market. The Middle East and African markets are already matured for handheld tape dispensers, thus it will show moderate growth of demand of handheld tape dispensers in this region. The ban on the usage of plastic in North American and European countries, handheld tape dispensers will witness slow growth in these regions in coming future. Latin American countries will also witness stagnant growth of the handheld tape dispensers market in forecasted period.`
Handheld Tape Dispensers Market: Key Players
Some prominent players in the global handheld tape dispensers market are as below:
- 3M Company
- Tesa SE
- Intertape Polymer Group
- Fellowes, Inc.
- Uline, Inc.
- ShurTech Brands LLC
- X.L.T. International Electronics Co. Ltd.
- Koziol USA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, 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 segments. The report also maps the qualitative impact of various market factors on handheld tape dispensers market segments and geographies.
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