Market Overview:
The global raffia tapes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for raffia tapes from various end-use industries, such as shipping & logistics, food & beverages, building & construction, health care & pharmaceuticals, electrical & electronics and automotive. In addition, rising awareness about the benefits of using raffia tapes is also contributing to the growth of this market.
Product Definition:
Raffia tapes are used to bind the stalks of raffia together for making into ropes, mats, or other articles.
Natural Brown Type:
Natural brown type is a mixture of vegetable and mineral oils, waxes & fats. It has high smoke point compared to other natural colors which makes it suitable for cooking as well as processing applications. The color obtained by mixing the product with animal fat is known as Dutch Brown or Fulling Brown; whereas that obtained by using vegetable oil is known as Lard or Vegetable Shortening (VSL).
White Type:
White type is a colorless, neutral pulp that has been bleached and processed to make it white. It is used in the manufacturing of raffia tapes as it provides high tensile strength and durability to the tape. White type can also be used for printing on any non-colored material or surface by using special ink formulations.
Application Insights:
The market is segmented by application into shipping & logistics, food & beverages, building & construction, health care & pharmaceuticals, electrical and electronics, automotive and general industrial. The shipping and logistics industry was the largest consumer of raffia tapes in 2015. It accounted for over 30% of the overall demand that year. Growing urbanization has led to an increase in the number of distribution centers across various countries worldwide which has resulted in growing demand for efficient packaging materials such as raffia products.
Rising use of these tapes as a substitute for plastic wrap due to their non-toxic nature is expected to drive growth over the forecast period especially in agriculture applications where they are used to cover fertilizers or pesticides being transported on trucks or other vehicles among crops at different stages of growth. They also find extensive usage around farm buildings during harvest time when fruits and vegetables need protection from flies etc.
Regional Analysis:
The global market is dominated by the European region, which held a revenue share of over 35.0% in 2017. The growth can be attributed to increasing demand for raffia products from various end-use industries such as food & beverages, automotive, and building & construction. Furthermore, growing awareness regarding health and hygiene among consumers is expected to drive product demand in Europe during the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels coupled with improving economic conditions in emerging countries such as India and China.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive, and packaging is expected to drive the growth of the raffia tapes market over the forecast period.
- Rising awareness about the benefits of using raffia tapes is projected to propel market growth in the near future.
- Growing popularity of green building practices is anticipated to create new opportunities for raffia tapes manufacturers in the coming years.
- Technological advancements in adhesive technologies are likely to boost demand for raffia tapes over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Raffia Tapes Market Research Report
By Type
Natural Brown Type, White Type, Black Type, Green Type, Red Type, Blue Type, Others
By Application
Shipping & Logistics, Food & Beverages, Building & Construction, Health Care & Pharmaceuticals, Electrical & Electronics, Automotive, General Industrial, Agriculture, Others
By Companies
LyondellBasell, Shenzhen Aimtack Tape Co., Ltd, Jiangxi Longtai New Material Co., Ltd., Shijiazhuang Hangteng Import And Export Trade Co., Ltd., Zhenjiang Rongfa Plastic Products Co., Ltd, Suzhou Enable Adhesive Material Technology Co., Ltd., Huzhou Nanxun Sunjoy Textile Co., Ltd, Luk Plastcon Ltd, Ocean Extrusions
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Raffia Tapes Market Report Segments:
The global Raffia Tapes market is segmented on the basis of:
Types
Natural Brown Type, White Type, Black Type, Green Type, Red Type, Blue Type, 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
Shipping & Logistics, Food & Beverages, Building & Construction, Health Care & Pharmaceuticals, Electrical & Electronics, Automotive, General Industrial, Agriculture, Others
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:
- LyondellBasell
- Shenzhen Aimtack Tape Co., Ltd
- Jiangxi Longtai New Material Co., Ltd.
- Shijiazhuang Hangteng Import And Export Trade Co., Ltd.
- Zhenjiang Rongfa Plastic Products Co., Ltd
- Suzhou Enable Adhesive Material Technology Co., Ltd.
- Huzhou Nanxun Sunjoy Textile Co., Ltd
- Luk Plastcon Ltd
- Ocean Extrusions
Highlights of The Raffia Tapes 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:
- Natural Brown Type
- White Type
- Black Type
- Green Type
- Red Type
- Blue Type
- Others
- By Application:
- Shipping & Logistics
- Food & Beverages
- Building & Construction
- Health Care & Pharmaceuticals
- Electrical & Electronics
- Automotive
- General Industrial
- Agriculture
- Others
- 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 Raffia Tapes 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.
How you may use our products:
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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?
Raffia tapes are a type of natural fiber tape made from the leaves of the raffia palm. Raffia is a sturdy, strong fiber that can be used to make a variety of products, including packaging and insulation.
Some of the key players operating in the raffia tapes market are LyondellBasell, Shenzhen Aimtack Tape Co., Ltd, Jiangxi Longtai New Material Co., Ltd., Shijiazhuang Hangteng Import And Export Trade Co., Ltd., Zhenjiang Rongfa Plastic Products Co., Ltd, Suzhou Enable Adhesive Material Technology Co., Ltd., Huzhou Nanxun Sunjoy Textile Co., Ltd, Luk Plastcon Ltd, Ocean Extrusions.
The raffia tapes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Raffia Tapes 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 Raffia Tapes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Raffia Tapes 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 Raffia Tapes 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 Raffia Tapes Market Size & Forecast, 2018-2028
4.5.1 Raffia Tapes Market Size and Y-o-Y Growth
4.5.2 Raffia Tapes Market Absolute $ Opportunity
Chapter 5 Global Raffia Tapes 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 Raffia Tapes Market Size Forecast by Type
5.2.1 Natural Brown Type
5.2.2 White Type
5.2.3 Black Type
5.2.4 Green Type
5.2.5 Red Type
5.2.6 Blue Type
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Raffia Tapes 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 Raffia Tapes Market Size Forecast by Applications
6.2.1 Shipping & Logistics
6.2.2 Food & Beverages
6.2.3 Building & Construction
6.2.4 Health Care & Pharmaceuticals
6.2.5 Electrical & Electronics
6.2.6 Automotive
6.2.7 General Industrial
6.2.8 Agriculture
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Raffia Tapes 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 Raffia Tapes 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 Raffia Tapes Analysis and Forecast
9.1 Introduction
9.2 North America Raffia Tapes 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 Raffia Tapes Market Size Forecast by Type
9.6.1 Natural Brown Type
9.6.2 White Type
9.6.3 Black Type
9.6.4 Green Type
9.6.5 Red Type
9.6.6 Blue Type
9.6.7 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 Raffia Tapes Market Size Forecast by Applications
9.10.1 Shipping & Logistics
9.10.2 Food & Beverages
9.10.3 Building & Construction
9.10.4 Health Care & Pharmaceuticals
9.10.5 Electrical & Electronics
9.10.6 Automotive
9.10.7 General Industrial
9.10.8 Agriculture
9.10.9 Others
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 Raffia Tapes Analysis and Forecast
10.1 Introduction
10.2 Europe Raffia Tapes 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 Raffia Tapes Market Size Forecast by Type
10.6.1 Natural Brown Type
10.6.2 White Type
10.6.3 Black Type
10.6.4 Green Type
10.6.5 Red Type
10.6.6 Blue Type
10.6.7 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 Raffia Tapes Market Size Forecast by Applications
10.10.1 Shipping & Logistics
10.10.2 Food & Beverages
10.10.3 Building & Construction
10.10.4 Health Care & Pharmaceuticals
10.10.5 Electrical & Electronics
10.10.6 Automotive
10.10.7 General Industrial
10.10.8 Agriculture
10.10.9 Others
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 Raffia Tapes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Raffia Tapes 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 Raffia Tapes Market Size Forecast by Type
11.6.1 Natural Brown Type
11.6.2 White Type
11.6.3 Black Type
11.6.4 Green Type
11.6.5 Red Type
11.6.6 Blue Type
11.6.7 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 Raffia Tapes Market Size Forecast by Applications
11.10.1 Shipping & Logistics
11.10.2 Food & Beverages
11.10.3 Building & Construction
11.10.4 Health Care & Pharmaceuticals
11.10.5 Electrical & Electronics
11.10.6 Automotive
11.10.7 General Industrial
11.10.8 Agriculture
11.10.9 Others
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 Raffia Tapes Analysis and Forecast
12.1 Introduction
12.2 Latin America Raffia Tapes 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 Raffia Tapes Market Size Forecast by Type
12.6.1 Natural Brown Type
12.6.2 White Type
12.6.3 Black Type
12.6.4 Green Type
12.6.5 Red Type
12.6.6 Blue Type
12.6.7 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 Raffia Tapes Market Size Forecast by Applications
12.10.1 Shipping & Logistics
12.10.2 Food & Beverages
12.10.3 Building & Construction
12.10.4 Health Care & Pharmaceuticals
12.10.5 Electrical & Electronics
12.10.6 Automotive
12.10.7 General Industrial
12.10.8 Agriculture
12.10.9 Others
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) Raffia Tapes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Raffia Tapes 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) Raffia Tapes Market Size Forecast by Type
13.6.1 Natural Brown Type
13.6.2 White Type
13.6.3 Black Type
13.6.4 Green Type
13.6.5 Red Type
13.6.6 Blue Type
13.6.7 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) Raffia Tapes Market Size Forecast by Applications
13.10.1 Shipping & Logistics
13.10.2 Food & Beverages
13.10.3 Building & Construction
13.10.4 Health Care & Pharmaceuticals
13.10.5 Electrical & Electronics
13.10.6 Automotive
13.10.7 General Industrial
13.10.8 Agriculture
13.10.9 Others
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 Raffia Tapes Market: Competitive Dashboard
14.2 Global Raffia Tapes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LyondellBasell
14.3.2 Shenzhen Aimtack Tape Co., Ltd
14.3.3 Jiangxi Longtai New Material Co., Ltd.
14.3.4 Shijiazhuang Hangteng Import And Export Trade Co., Ltd.
14.3.5 Zhenjiang Rongfa Plastic Products Co., Ltd
14.3.6 Suzhou Enable Adhesive Material Technology Co., Ltd.
14.3.7 Huzhou Nanxun Sunjoy Textile Co., Ltd
14.3.8 Luk Plastcon Ltd
14.3.9 Ocean Extrusions
