FMI Market Forecast Report on Gummed Tape Market 2017- | Page 7

Gummed Tape Market

Strapping Wrapping and decoration Box sealing Splicing Others Request For TOC @ http :// www . futuremarketinsights . com / toc / rep-gb-2821 Gummed Tape Market- Regional Outlook :
Geographically , the global gummed tape market is divided into five regions North America , Latin America , Europe , Asia-Pacific ( APAC ) and the Middle East & Africa ( MEA ). Asia Pacific is expected to dominate the growth in the gummed tape market , primarily due to huge demand in developing economies like India and China and also because of lower manufacturing cost in these economies . The low manufacturing costs in developing countries are due to easy availability of raw materials and cheap labor . Further , North America and Europe are expected to witness an above average growth in the gummed tape market over the forecast period . Furthermore , these regions are expected to grow less aggressively in comparison to Asia Pacific , due to shift in production from developed economies to Asia Pacific . Latin America and MEA
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