Market Overview:
The global carrier tape plastic reel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for carrier tapes from various end-use industries, such as automotive, electrical and electronics, and medical. In addition, the growing demand for smaller diameter plastic reels is also contributing to the growth of this market. Based on type, the global carrier tape plastic reel market can be segmented into 4 inch diameter plastic reels, 7 inch diameter plastic reels, 13 inch diameter plastic reels, 15 inch diameter plastic reels, 22 inch diameter Plastic Reel and others. Among these segments, 4 inch Diameter Plastic Reel is expected to witness highest growth during the forecast period owing to its small size and easy handling characteristics. Based on application type; paper core carrier tapes are witnessing higher demand as compared with other types of carriers due their high strength.
Product Definition:
A carrier tape plastic reel is a device used to store and transport rolls of magnetic or optical tape. It consists of a spool around which the tape is wound, with an opening through which the end of the tape can be threaded. The reel allows for even tension on the tape as it moves through the playback or recording device, preventing breakage.
4 Inch Diameter Plastic Reel:
4 inch diameter plastic reel is a type of packaging used for packaging various products such as cable insulation, wire coat hangers, electrical connectors and circuit breakers among others. The 4 inch diameter plastic reel market is expected to witness significant growth over the forecast period owing to its increasing usage in the shipping of electronic components.
The global carrier tape plastic reel market size was valued at USD 1.91 billion in 2016.
7 Inch Diameter Plastic Reel:
7 inch diameter plastic reel and it's usage in carrier tape market is a type of packaging used for the storage and transportation of large volumes of flexible packaging products such as cable insulation, wire, cordage, string, tapes & straps. The 7 inch diameter plastic reel is manufactured from high-density polyethylene (HDPE) or polypropylene (PP), which has the advantage that these reels are lightweight; they have lower weight per yard than most other materials including aluminum.
Application Insights:
Paper core carrier tapes dominated the market and accounted for more than 55.0% share of the global revenue in 2017. Carrier tapes are used to bundle papers and keep them together, which is a major function of any paper-based packaging system. The product has been witnessing an increasing demand from various end-use industries including retail, banking & financial services, legal & paralegal practices as well as from packaging companies themselves who are looking for cost-effective solutions to meet their packing needs.
The plastic core carrier tapes segment is expected to expand at the highest CAGR over the forecast period owing to its rising application in several industries including construction, automotive/transportation and medical among others where high durability is required along with excellent sealing properties offered by these products.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for carrier tapes in various applications such as medical, electronics, and others. The growing manufacturing sector in the region is also anticipated to propel product demand over the forecast period. Furthermore, rising investments by various governments in developing countries such as China and India are likely to boost industry growth over the coming years.
North America was estimated at USD X million in 2017 on account of high usage of carrier tape across several industries including healthcare & life sciences, electronics & communication, and others.
Growth Factors:
- Increasing demand from the automotive industry for carrier tapes used in manufacturing and assembling vehicles
- Growing popularity of plastic carrier tapes among electronics manufacturers due to their lightweight and durable properties
- Rising demand for carrier tapes in the medical device industry as they are essential for packaging and transporting sensitive equipment
- Proliferation of e-commerce businesses that need reliable and sturdy packaging solutions for their products
- Development of innovative new products that make use of carrier tapes, such as 3D printing
Scope Of The Report
Report Attributes
Report Details
Report Title
Carrier Tape Plastic Reel Market Research Report
By Type
4 Inch Diameter Plastic Reel, 7 Inch Diameter Plastic Reel, 13 Inch Diameter Plastic Reel, 15 Inch Diameter Plastic Reel, 22 Inch Diameter Plastic Reel, Others
By Application
Paper Core Carrier Tape, Plastic Core Carrier Tape
By Companies
3M, Advantek, Lasertek, U-PAK, ROTHE, C-Pak, Accu Tech Plastics, Asahi Kasei, ACTECH, Advanced Component Taping, 3M, Carrier-Tech Precision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Carrier Tape Plastic Reel Market Report Segments:
The global Carrier Tape Plastic Reel market is segmented on the basis of:
Types
4 Inch Diameter Plastic Reel, 7 Inch Diameter Plastic Reel, 13 Inch Diameter Plastic Reel, 15 Inch Diameter Plastic Reel, 22 Inch Diameter Plastic Reel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paper Core Carrier Tape, Plastic Core Carrier Tape
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Advantek
- Lasertek
- U-PAK
- ROTHE
- C-Pak
- Accu Tech Plastics
- Asahi Kasei
- ACTECH
- Advanced Component Taping
- 3M
- Carrier-Tech Precision
Highlights of The Carrier Tape Plastic Reel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4 Inch Diameter Plastic Reel
- 7 Inch Diameter Plastic Reel
- 13 Inch Diameter Plastic Reel
- 15 Inch Diameter Plastic Reel
- 22 Inch Diameter Plastic Reel
- Others
- By Application:
- Paper Core Carrier Tape
- Plastic Core Carrier Tape
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carrier Tape Plastic Reel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carrier tape plastic reel is a type of reel that stores and dispenses tapes. It has a handle on one end and a spool on the other. The user can pull out the desired amount of tape, cut it to the required length, and rewind it onto the spool.
Some of the major players in the carrier tape plastic reel market are 3M, Advantek, Lasertek, U-PAK, ROTHE, C-Pak, Accu Tech Plastics, Asahi Kasei, ACTECH, Advanced Component Taping, 3M, Carrier-Tech Precision.
The carrier tape plastic reel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carrier Tape Plastic Reel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Carrier Tape Plastic Reel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Carrier Tape Plastic Reel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Carrier Tape Plastic Reel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Carrier Tape Plastic Reel Market Size & Forecast, 2018-2028 4.5.1 Carrier Tape Plastic Reel Market Size and Y-o-Y Growth 4.5.2 Carrier Tape Plastic Reel Market Absolute $ Opportunity
Chapter 5 Global Carrier Tape Plastic Reel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carrier Tape Plastic Reel Market Size Forecast by Type
5.2.1 4 Inch Diameter Plastic Reel
5.2.2 7 Inch Diameter Plastic Reel
5.2.3 13 Inch Diameter Plastic Reel
5.2.4 15 Inch Diameter Plastic Reel
5.2.5 22 Inch Diameter Plastic Reel
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carrier Tape Plastic Reel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carrier Tape Plastic Reel Market Size Forecast by Applications
6.2.1 Paper Core Carrier Tape
6.2.2 Plastic Core Carrier Tape
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carrier Tape Plastic Reel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carrier Tape Plastic Reel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carrier Tape Plastic Reel Analysis and Forecast
9.1 Introduction
9.2 North America Carrier Tape Plastic Reel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carrier Tape Plastic Reel Market Size Forecast by Type
9.6.1 4 Inch Diameter Plastic Reel
9.6.2 7 Inch Diameter Plastic Reel
9.6.3 13 Inch Diameter Plastic Reel
9.6.4 15 Inch Diameter Plastic Reel
9.6.5 22 Inch Diameter Plastic Reel
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carrier Tape Plastic Reel Market Size Forecast by Applications
9.10.1 Paper Core Carrier Tape
9.10.2 Plastic Core Carrier Tape
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carrier Tape Plastic Reel Analysis and Forecast
10.1 Introduction
10.2 Europe Carrier Tape Plastic Reel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carrier Tape Plastic Reel Market Size Forecast by Type
10.6.1 4 Inch Diameter Plastic Reel
10.6.2 7 Inch Diameter Plastic Reel
10.6.3 13 Inch Diameter Plastic Reel
10.6.4 15 Inch Diameter Plastic Reel
10.6.5 22 Inch Diameter Plastic Reel
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carrier Tape Plastic Reel Market Size Forecast by Applications
10.10.1 Paper Core Carrier Tape
10.10.2 Plastic Core Carrier Tape
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carrier Tape Plastic Reel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carrier Tape Plastic Reel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carrier Tape Plastic Reel Market Size Forecast by Type
11.6.1 4 Inch Diameter Plastic Reel
11.6.2 7 Inch Diameter Plastic Reel
11.6.3 13 Inch Diameter Plastic Reel
11.6.4 15 Inch Diameter Plastic Reel
11.6.5 22 Inch Diameter Plastic Reel
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carrier Tape Plastic Reel Market Size Forecast by Applications
11.10.1 Paper Core Carrier Tape
11.10.2 Plastic Core Carrier Tape
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carrier Tape Plastic Reel Analysis and Forecast
12.1 Introduction
12.2 Latin America Carrier Tape Plastic Reel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carrier Tape Plastic Reel Market Size Forecast by Type
12.6.1 4 Inch Diameter Plastic Reel
12.6.2 7 Inch Diameter Plastic Reel
12.6.3 13 Inch Diameter Plastic Reel
12.6.4 15 Inch Diameter Plastic Reel
12.6.5 22 Inch Diameter Plastic Reel
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carrier Tape Plastic Reel Market Size Forecast by Applications
12.10.1 Paper Core Carrier Tape
12.10.2 Plastic Core Carrier Tape
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carrier Tape Plastic Reel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carrier Tape Plastic Reel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carrier Tape Plastic Reel Market Size Forecast by Type
13.6.1 4 Inch Diameter Plastic Reel
13.6.2 7 Inch Diameter Plastic Reel
13.6.3 13 Inch Diameter Plastic Reel
13.6.4 15 Inch Diameter Plastic Reel
13.6.5 22 Inch Diameter Plastic Reel
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carrier Tape Plastic Reel Market Size Forecast by Applications
13.10.1 Paper Core Carrier Tape
13.10.2 Plastic Core Carrier Tape
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carrier Tape Plastic Reel Market: Competitive Dashboard
14.2 Global Carrier Tape Plastic Reel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Advantek
14.3.3 Lasertek
14.3.4 U-PAK
14.3.5 ROTHE
14.3.6 C-Pak
14.3.7 Accu Tech Plastics
14.3.8 Asahi Kasei
14.3.9 ACTECH
14.3.10 Advanced Component Taping
14.3.11 3M
14.3.12 Carrier-Tech Precision