In 2023, the washi tapes market, which is currently valued at US$15.7 billion, is expected to grow at a CAGR of 4.5%. Because to improvements in packaging, the industry is anticipated to grow to $24.3 billion by 2033.
The main factor supporting the washi tapes market growth are –
- Increasing spending in developing regions
- the growing number of packaging facilities to meet the needs of expanding urban populations
- Growing advancement in the packaging industry
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There are numerous thicknesses, textures, hues and designs of washi tape. Like masking tape, washi tape is both flexible and strong. And doesn’t leave behind any sticky residue after application, making it simple and safe to use on any surface. A washi tape is any tape created from paper. The best way to add colour and beauty to any environment is with washi tape. These tapes can be used for a variety of crafts, including scrapbooking, interior design, gift-wrapping, and art.
The demand for building and construction materials increased as a result of some sectors’ continued expansion, which also increased demand for washi tapes. Pressure-sensitive tapes called washi tapes can be used to decorate walls and window curtains in the home.
Tape sales have increased significantly in recent years due to the demand in the construction industry, and this trend is anticipated to continue in the years to come.
Washi Tapes Market: Key Players
- Gundo gami
- Awa washi
- Ecchu washi
- Echizen washi
- Ise washi
- Mino washi
- Sekisy washi
- Sugihara gami
- Tosa washi
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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 market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- Europe
- Middle East & Africa (MEA)
- South Asia
- East Asia
- Oceania
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Washi Tapes Market: Segmentation
raw material:
- Paper
- Foam
- Plastic
adhesive:
- Rubber-based
- Acrylic-based
- Silicon-based
basis of type:
- Mitsumata
- Gampi
- Paper Mulberry
basis of application:
- Clothing
- Art
- Cuisine
basis of channels:
- Direct consumers
- Distributor
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