The global breathable tape market size is expected to reach USD 8 Billion in 2032. Growing clinical awareness and increase in incidence of injuries accelerate the demand for breathable tape in the future. As per FMI, the global breathable tape market stood at USD 5.7 billion in 2022 and is set to exhibit growth at a CAGR of 4.3% in the forecast period from 2022 to 2032.
| Attributes | Details |
|---|---|
| Breathable tapes Market Estimated Size (2022) | USD 5.7 billion |
| Breathable tapes Market Estimated Size (2032) | USD 8 billion |
| Breathable tapes Market Estimated Size (2021) | USD 5.4 billion |
| Breathable tapes Market Estimated CAGR | 4.3% |
Due to their use in medical fields, demand for breathable tape is high. It is used by doctors for dressing and injury prevention. Breathable tape is easy to tear and leaves no residue, making sales of breathable tape profitable.
It is waterproof and has a strong adhesion to the skin. It's also used to keep dirt off screen doors and to secure air fresheners to wall paper, which promotes the demand for breathable tapes. Sales of breathable tape are expected to be significant during the forecast period, due to its use in the packaging industry for packaging processes such as bundling products, pallet unitizing, closing corrugated fiberboard boxes, strengthening packages, and so on.
It aids in the sealing of corrugated boxes for export and transportation, which further extends the sales of breathable tape
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During the projection period, global demand for breathable tape is expected to expand at a good rate. During the predicted period, the sales of breathable tape are mostly influenced by hospitals and clinics. As it is used to cover wounds and injuries during surgery or first aid. Increased sales of breathable tape are predicted to be aided by an increase in the global accident ratio. Breathable tape is also employed in household applications, which allows breathable tape makers to capture a different market segment and presents an opportunity.
Increased adoption of breathable tape is influenced by the increased development of tape and diversity of tape for medical treatment or surgery. The global demand for breathable tape is likely to be driven by increasing clinical awareness, an increase in the number of injuries, and increased awareness of medical tape for skin injuries.
Over the projection period, rising healthcare spending in developed economies will create more opportunities for breathable tape makers. As a result, the demand for breathable tape is predicted to grow at a strong CAGR of 4.3% over the next several years.
North America dominates the breathable tape market share due to the presence of major key players surging awareness about minor injuries and rising prevalence of standardized healthcare facilities in this region.
Asia-Pacific region is the fastest growing region of breathable tape market during the forecast period of 2022 to 2029, with higher demand for breathable tape. Sales of breathable tape are growing due to the growing clinical awareness and upsurge in the demand of medical tape for injuries associated with skin.
Due to the presence of significant breathable tape manufacturers, sales of breathable tape, Europe is predicted to develop faster than the rest of the world throughout the projection period.
Some of the leading key players in the breathable tape market are 3M Company, Smith & Nephew Inc, Medline Industries Inc, Hartmann Inc, Dynarex Corp, Cardinal Health Inc, Nitto Medical Corp, Godson Tapes Pvt., Johnson & Johnson Consumer Inc, and Beiersdorf Inc, contributing to the substantial breathable tape market share.
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 4.3% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Material type, Product type, End user, Region |
| Regional scope | North America; Latin America; Europe; Middle East and Africa (MEA); East Asia; South Asia; Oceania |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | 3M Company; Smith & Nephew Inc; Medline Industries Inc; Hartmann Inc; Dynarex Corp; Cardinal Health Inc; Nitto Medical Corp; Godson Tapes Pvt.; Johnson & Johnson Consumer Inc; Beiersdorf Inc |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The breathable tape market is anticipated to register a CAGR of 4.3% during the forecast period.
The breathable tape market share is anticipated to reach USD 8 Billion in 2032.
Demand for the breathable tape market is likely to rise, owing to the growing clinical awareness and increase in incidence of injuries.
| Market Value (2022) | USD 1.73 Billion |
|---|---|
| Market Forecast Value (2032) | USD 3.73 Billion |
| Market CAGR (2022 to 2032) | 8% |
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Breathable Tape Market
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