Carrying Handle Tapes Market Definition
The carrying handle tapes market refers to the production, distribution, and utilization of these tapes, which are flexible strips of plastic film with a coated side + a non-adhesive area. These are also used for pouches, boxes, and packs to create carrying convenience for consumers. These types of tape carry handles are very versatile and can be applied to many types of packaging, single-unit packs, and multipacks. There is a high demand for these tapes in food, tissue, toiletries, and beverages, which is driving the growth of the carrying handle tapes market.
However, the restraining factors of these tapes include environmental concerns, high competition, high cost of initial investment, the need for careful management, and factors that can hamper the growth of the market. The future scope of the market includes improving product offerings, advancement in technologies, and expansion of market, factors that will help the growth of the carrying handle tapes market. Asia Pacific region dominates the growth of the market.