Carrier Tape is a supplementary product for the electronic packaging industry. The tapes are mainly used as protective packages for electronic components, integrated circuits, and other devices. The tape serves as not only a package but also a protecting layer that prevents electronic devices from physical and electrostatic discharge damages during outbound shipping and inbound storage.
Carrier Tape is mainly used by electronic components such as integrated circuits, resistor, capacitor, transistor, etc. During the packaging process, electronic devices are packed in a specially designed cavity on the tape. The carrier tape is then enclosed by a top and a bottom cover tape which then stores the tape in a reel. In that way, the entire structure prevents electronic devices from being polluted during transportation and storage. When the tape arrives at factories or assembly lines, automatic machines pull out electronic devices by locating the round sprocket holes on the tape.
Market Analysis and Insights: Global and United States Carrier Tape Market
This report focuses on global and United States Carrier Tape market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Carrier Tape market size is estimated to be worth US$ 762.8 million in 2022 and is forecast to a readjusted size of US$ 1057.8 million by 2028 with a CAGR of 5.6% during the review period. Fully considering the economic change by this health crisis, by Type, Paper Core Carrier Tape accounting for % of the Carrier Tape global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Active Components was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
3M, ZheJiang Jiemei and Advantek captured the top three revenue share spots in the Carrier Tape market in 2019. 3M dominated with 26 percent revenue share, followed by ZheJiang Jiemei and Advantek with 15.78 percent and 11.73 percent revenue share, respectively.
Global Carrier Tape Scope and Market Size
Carrier Tape market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Carrier Tape market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Carrier Tape market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Paper Core Carrier Tape
Plastic Core Carrier Tape
Segment by Application
Active Components
Passive Components
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
3M
ZheJiang Jiemei
Advantek
Shin-Etsu
Lasertek
U-PAK
ROTHE
C-Pak
Oji F-Tex Co., Ltd.
Accu Tech Plastics
Asahi Kasei
ACTECH
Ant Group (Acupaq)
Advanced Component Taping
Argosy Inc.