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 Carrier Tape Market
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, 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 Active Components segment is 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.
In terms of production side, this report researches the Carrier Tape capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Carrier Tape by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Carrier Tape Scope and Segment
Carrier Tape market is segmented 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 production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Paper Core Carrier Tape
Plastic Core Carrier Tape
Segment by Application
Active Components
Passive Components
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.
Production by Region
North America
Europe
China
Japan
Southeast Asia
Taiwan
Consumption 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