Global Non-woven Tape Market-Industry Analysis and Forecast (2019-2027)
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Global Non-Woven Tape Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 7.68% during forecast period.
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Global Non-woven Tape Market Dynamics:
The major driver of the global non-woven tape market is increasing usage of various end-use industries like automotive, transportation, and electrical fuels the market. Additionally, the rise in geriatric population drives the medical industry, which in turn is anticipated to fuel the non-woven tape market. However, the inferior properties of non-woven tape over specialty tapes and the poor quality and durability of paper tapes hamper the global non-woven tape market. Nevertheless, expansion of the healthcare industry in emerging economies is likely to create new opportunities for the global non-woven tape market.
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