[250 Pages Report] The global traffic control device tape market size is anticipated to be valued at US$ 9.6 Billion in 2032 and exhibit immense growth at a CAGR of 5.2% in the forecast period from 2022 to 2032. Stringent government mandates to increase safety of passengers and urgent need for operational efficiency are expected to push the sales of traffic control device tapes. The global traffic control device tape market is likely to reach US$ 4.1 Billion in 2022.
| Report Attribute | Details |
|---|---|
| Traffic Control Device Tape Market Estimated Base Year Value (2021) | US$ 3.8 Billion |
| Traffic Control Device Tape Market Expected Market Value (2022) | US$ 4.1 Billion |
| Traffic Control Device Tape Market Anticipated Forecast Value (2032) | US$ 9.6 Billion |
| Traffic Control Device Tape Market Projected Growth Rate (2022 to 2032) | 5.2% CAGR |
Traffic control device tapes are extensively used to control traffic, including vehicle and foot traffic. These act as temporary traffic signals to redirect traffic whenever a road is closed or during a hazard.
Demand for traffic control device tapes is set to grow at a steady pace in future years owing to their easy availability in the market. These are provided in either orange-white or solid color combinations to attract the attention of drivers. These include accessories and marking tapes required for directing traffic or pedestrians and securing areas.
These are available in numerous high visibility colors and include large rolls of reflective sheeting, striped tapes, barricade tapes, danger tapes, and caution tapes. The ability of these tapes to deliver markings for traffic control areas or work zones and provide high visibility in the dark is another vital factor that is likely to bode well for the traffic control device tape market size.
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Increasing traffic congestion in urban areas with the rising population is propelling the need for unique traffic management systems worldwide. The increasing usage of private vehicles by people in both developed and developing countries is another crucial factor that is anticipated to push the traffic control device tape market growth in future years.
Traffic control device tapes are mainly made by using tear-proof, resilient, and durable plastic materials, such as nylon, polypropylene, and polyethylene. Their high reusability capability is anticipated to augment the growth in this market. These are nearly 3 inches wide and 2 mm thick.
Rising fluctuations in the prices of raw materials may hamper the sales of traffic control device tapes in the upcoming years. As traffic management systems require vast amounts of data for analyzing real-time traffic information, the infrastructure needed should be highly developed. Governments of various emerging countries are limiting their capabilities to spend more on road infrastructure development. This factor may also pose a major challenge in the global market over the forthcoming years.
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The urgent need for barricade tapes in highly populated countries, such as India and China is likely to drive the Asia Pacific traffic control device tape market share in future years. Painting for warning or caution signs is a time consuming process and thus companies are preferring traffic control device tapes to avoid the inconvenience.
The presence of a large number of local manufacturers, especially in China would also create new growth opportunities in Asia Pacific. Besides, the country exports raw materials in other parts of the globe with the availability of low cost materials and labor. This factor would also enable manufacturers to generate more sales in the Asia Pacific market.
North America is estimated to remain in the second position, followed by Asia Pacific in the upcoming years. Increasing production and sales of vehicles in the U.S. and Canada is projected to bode well for the regional market. The rapid expansion of the logistics and transportation sectors in this region is another vital factor that is anticipated to push the market.
Moreover, stringent norms associated with the improvement of road safety by government bodies are anticipated to propel the demand for traffic control device tapes in North America in the assessment period. In addition, increasing awareness about accident prevention, as well as driver safety is likely to aid growth in the regional market.
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Some of the prominent companies present in the global traffic control device tape market include Vibac, 3M Company, Advance Tapes International Ltd., Kruse Adhesive Tape, Inc., Scapa, Surface Shields, and Nitto Denko Corp. among others.
Leading companies operating in the global market are increasingly focusing on introducing new products to fulfill the high unmet demand from end-user industries. Meanwhile, a few other companies are aiming to strengthen their positions in the global market by collaborating with renowned players and acquiring small-scale enterprises.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.2% 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, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global traffic control device tape market is expected to reach US$ 9.6 Billion in 2032.
Asia Pacific is set to lead the traffic control device tape market in the forecast period.
Vibac, 3M Company, Advance Tapes International Ltd., Kruse Adhesive Tape, Inc., Scapa, Surface Shields, and Nitto Denko Corp. are some of the renowned companies in the traffic control device tape market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Traffic Control Device Tape Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Sq. Mt.) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis by Material, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis and Forecast by Material, 2022-2032
5.3.1. Plastic
5.3.2. Paper
5.3.3. Metal
5.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021
5.5. Absolute $ Opportunity Analysis by Material, 2022-2032
6. Global Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis by Product Type, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis and Forecast by Product Type, 2022-2032
6.3.1. Adhesive Tape
6.3.2. Non-adhesive Tape
6.4. Y-o-Y Growth Trend Analysis by Product Type, 2015-2021
6.5. Absolute $ Opportunity Analysis by Product Type, 2022-2032
7. Global Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Thickness
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis by Thickness, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis and Forecast by Thickness, 2022-2032
7.3.1. Below 100 Microns
7.3.2. 100-150 Microns
7.3.3. Above 150 Microns
7.4. Y-o-Y Growth Trend Analysis by Thickness, 2015-2021
7.5. Absolute $ Opportunity Analysis by Thickness, 2022-2032
8. Global Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Sq. Mt.) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Product Type
9.2.4. By Thickness
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Product Type
9.3.4. By Thickness
9.4. Key Takeaways
10. Latin America Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Product Type
10.2.4. By Thickness
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Product Type
10.3.4. By Thickness
10.4. Key Takeaways
11. Europe Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Product Type
11.2.4. By Thickness
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Product Type
11.3.4. By Thickness
11.4. Key Takeaways
12. East Asia Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Product Type
12.2.4. By Thickness
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Product Type
12.3.4. By Thickness
12.4. Key Takeaways
13. South Asia Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Product Type
13.2.4. By Thickness
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Product Type
13.3.4. By Thickness
13.4. Key Takeaways
14. Oceania Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Product Type
14.2.4. By Thickness
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Product Type
14.3.4. By Thickness
14.4. Key Takeaways
15. Middle East & Africa Traffic Control Device Tape Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Sq. Mt.) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Sq. Mt.) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Material
15.2.3. By Product Type
15.2.4. By Thickness
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Product Type
15.3.4. By Thickness
15.4. Key Takeaways
16. Country wise Traffic Control Device Tape Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Product Type
16.1.4. By Thickness
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Product Type
16.2.4. By Thickness
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Product Type
16.3.4. By Thickness
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Product Type
16.4.4. By Thickness
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Product Type
16.5.4. By Thickness
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Product Type
16.6.4. By Thickness
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Product Type
16.7.4. By Thickness
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Product Type
16.8.4. By Thickness
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Product Type
16.9.4. By Thickness
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Product Type
16.10.4. By Thickness
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Product Type
16.11.4. By Thickness
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Product Type
16.12.4. By Thickness
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Product Type
16.13.4. By Thickness
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Product Type
16.14.4. By Thickness
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Product Type
16.15.4. By Thickness
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. 3M Company
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Shurtape Technologies, LLC
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Brady Corporation
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Scapa Group PLC
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Tesa SE
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Surface Shields, Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Advance Tape International Ltd.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Vibac Group S.p.a.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Mutual Industries, Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Custom Tape Ltd
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Intertape Polymer Group Inc.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments (Product/Channel/Region)
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Nitto Denko Corporation
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments (Product/Channel/Region)
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Traffic Control Device Tape Market
