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Upcoming Allied Market Research
2022
Cable Wrapping Tapes Market

Cable Wrapping Tapes Market by Product Type (Fire-Retardant Electric Arc Proofing Tape), Price Point (Premium, Medium, and Economy), End User (Electricians and Electronic Engineers), Application (Power Industry, Communication Industry, Industrial Sector, and Other), and Distribution Channel (B2B, B2C, and E-commerce ): Global Opportunity Analysis and Industry Forecast (2021-2030)

A11793
Pages: NA
Sep 2022 | 1314 Views
Author(s) : Roshan Deshmukh
Tables: NA
Charts: NA
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Cable wrapping tape or insulating tape is made up of plastic material called vinyl, this special type of plastic such as vinly &PVC help to make cable wrapping tape stretchable& durable. These cable tapes are used for insulation of electrical wires or other products that generate electricity. Branded electrical tapes may handle temperature around 80 degrees Celsius, chances of combustion is very less if the cable wrapping tapes are applied in right manner and in appropriate environments.

Market Scope and Structure Analysis: 

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, LAMEA

Segment Covered

Product Type, Price Point, End User, Application, Distribution Channel, and Region

Companies Covered

Parker Electronics Private Limited., HellermannTyton Corporation, Jinyang Technology Co., Ltd.,  Scapa Group Plc, Minnesota Mining and Manufacturing Company., Four Pillars Infotech India Private Limited , Berry Global, Inc

                                                                                                                                                                                                                                                                                                                       

 

COVID-19 Impact analysis-

  • Nation-wide lockdown was imposed by government which is resulted into disruption of supply chain and production cycle of cable wrapping tapes.
  • The lockdown also increased the trend of work from home and thus there is a rise in dependency of work on internet, which increases the usage of wires.
  • Due to pandemic, there was great disruption in supply chain of cable wrapping tapes, because of lockdown. Online platforms have played a vital role in restoration of supply chain. Many small scale traders have merged themselves on online platforms, which helps bridging up of gaps in supply chain.    

 

Top Impacting Factors-

  • Earlier electricity was used for some basic requirements, while now a days electricity has become a necessity in day to day life. Surge in emergence of electricity in urban & rural areas is responsible for increase in prominence of electricity wires. Cable wrapping tape helps fulfil the  requirement of undisturbed supply of electricity and thus is used in prevention of defects, breakage, and combustion. This boosts the growth of the market.
  • Use of wires in automotive sector is gaining prominence, as use of wires in two wheelers, three wheelers, cars, and utility vehicles is increasing rapidly. Especially in case of cars right from push start to engine bay & chases, wires are embedded everywhere which facilitates services such as door locks, power windows,speed sensors, lock braking systems, cruise control systems. This fosters the growth of the market.

Market Trends-

Due to COVID-19, schools & offices were asked to shut down or work with the 50% capacity which resulted into increase in trend of work from home pattern and online studies which has created a new demand for Wi-Fi connection. Due to dependence of work and studies on internet connections, consumption of wires has been increased which resulted into rise in demand for cable wrapping tapes for joining wires in between and prevent insulated wires. These cable wrapping tapes are also used by small garage mechanic for repairing of cars and motor vehicles as these cable wrapping tapes are strong and durable. Digitalisation is also one of the major factor that fosters the growth of the market.

Key segments covered

Product Type

  • Fire-Retardant Electric Arc Proofing Tape

Price Point

  • Premium
  • Medium
  • Economy

Application

  • Automotive Industries
  • Power Cable Industries
  • Communication Industries
  • Industrial Sectors 

Distribution Channel

  • B2B
  • B2C  
  • E-commerce          

  Region-

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key benefits of report-

  • This study presents the analytical depiction of the Cable Wrapping Tape Industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Cable Wrapping Tape Market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the Cable Wrapping Tape Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Cable Wrapping Tape Market analysis based on competitive intensity and how the competition will take shape in coming years

Questions  answered in the report –

  • Who are the leading market players active in the Cable Wrapping Tape Market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is the Cable Wrapping Tape Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the Cable Wrapping Tape Market?

Key Market Segments & Key Market Players

Segments Sub-segments
By Product Type
  • Fire-Retardant Electric Arc Proofing Tape
By Price Point
  • Premium
  • Medium
  • Economy
By Application
  • Automotive Industries
  • Power Cable Industries
  • Communication Industries
  • Industrial Sectors
By Distribution Channel
  • B2B
  • B2C
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players Parker Electronics Private Limited., HellermannTyton Corporation, Jinyang Technology Co. Ltd., Scapa Group Plc, Minnesota Mining and Manufacturing Company., Four Pillars Infotech India Private Limited, Berry Global Inc
 

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