ReportsnReports adds “Non-woven Tape Market” to its store. The Report provides in-depth analysis of the Non-woven Tape Market at global and key country level.
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The Non Woven Tape Market is projected to grow from USD 3.17 Billion in 2018 to USD 4.55 Billion by 2023, at a CAGR of 7.46% between 2018 and 2023.
Top Companies Profiled in the Non-woven Tape Market:
- 3M Company (US)
- Nitto Denko Corporation (Japan)
- Tesa SE (Germany)
- Lintec Corporation (Japan)
- Avery Dennison Corporation (US)
- Scapa Group Plc (UK)
The medical & hygiene segment accounts for the largest market share in the non woven tape market and is expected to remain the largest market segment between 2018 and 2023, owing to the increase in total capital spending on the healthcare. The growing aging population and advancements in medical procedures will continue to drive the demand for medical non woven tapes for wound care, splints, surgeries, personal care, hygiene care, and other healthcare applications.
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The Asia Pacific region is projected to lead the non woven tape market from 2018 to 2023, in terms of value. Asia Pacific has been a high-potential non woven tape market against the backdrop of an overall slowdown in the global economic development. This region encompasses a diverse range of economies with different levels of economic development and a large variety of industries.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1–30%, Tier 2–42%, and Tier 3–28%
- By Designation: C-Level Executives –32%, Directors –38%, and Others–30%
- By Region: Asia Pacific– 55%, North America–17%, Europe–15%, and RoW – 13%