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Labels, Tapes And Films Market Share
- Report ID: GMI5087
- Published Date: Aug 2021
- Report Format: PDF
Labels, Tapes And Films Market Share
Labels, tapes and films industry is moderately fragmented with key top companies accounting for a limited share. Some of the key manufacturers in the industry are :
- 3M
- Avery Dennison
- UPM Corporation
- Scapa Group
- tesa SE
- FLEXcon Company, Inc.
- American Biltrite
- CCL Industries.
These companies compete by implementing various strategic initiatives such as production capacity expansion, new product launches, mergers & acquisitions, etc. In March 2021, Avery Dennison Corporation announced a strategic acquisition with JDC Solutions, Inc. This agreement will further boost the company’s capability in offering adhesive tape solutions to consumer appliances suppliers. Such initiatives are expected to drive top companies’ dominance to some extent in the industry.
A growing number of small- to medium-scale labels, tapes and films suppliers for electronics industry in China will drive down the competitiveness of top companies. This is due to the limited scope in differentiating labels, tapes and films from each supplier and the prevalence of bulk order supply in the sector.
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Labels, Tapes and Films Market Scope
