The Business Research Company’s report on the Grip Tape Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the grip tape market?
The growing popularity of extreme sports is expected to propel the growth of the grip tape market going forward. Extreme sports refer to high-adrenaline activities involving risk, skill, and specialized equipment, such as skateboarding, snowboarding, and rock climbing. Extreme sports are becoming more popular because people crave adventure as they provide a sense of excitement, freedom, and accomplishment, making them appealing and experiencing the exhilaration of risk-taking. Grip tape enhances the popularity of extreme sports by providing better traction and control, allowing athletes to perform tricks and maneuvers more safely and confidently. For instance, in July 2023, according to a report published by Storage Café, a US-based online platform providing self-storage unit listings and rental services, reported that US online interest in extreme sports has increased by 8%, with skateboarding at 550,000 searches and mountain biking at 450,000 leading the way. Therefore, the growing popularity of extreme sports will drive the grip tape market.
Access Your Free Sample of the Global Grip Tape Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=21993&type=smp
How has the grip tape market size evolved, and what are the latest forecasts for its expansion?
The grip tape market size has been grown strongly in recent years. It will grow from $0.55 billion in 2024 to $0.59 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increasing sports participation, a rise in DIY projects, growth in skateboarding culture, expansion of industrial applications, and demand for high-durability materials.
The grip tape market size is expected to see strong growth in the next few years. It will grow to $0.81 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to rising e-sports and extreme sports popularity, growing demand for customized grip tapes, increasing adoption in medical applications, expanding construction sector, and growth in personal protective equipment. Major trends in the forecast period include a shift towards biodegradable materials, innovation in non-slip coatings, expansion in wearable technology applications, integration of smart adhesives, and advancements in adhesive technology.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=21993&type=smp
Which major companies dominate the grip tape market?
Major companies operating in the grip tape market are 3M Company, Avery Dennison Corporation, Tesa SE, Brady Corporation, Intertape Polymer Group Inc., Shurtape Technologies LLC, Incom Inc., Wooster Products Inc., Jessup Manufacturing Company, INDASA – Indústria de Abrasivos S.A., Heskins LLC, Sure-Foot Industries Corporation, GripTek, Moonshine Mfg, GripGuard Pty. Ltd., Gator Grip, Zipker International, BASKETO, Saathsaath Industry, MOB Grip
What trends will shape the future of the green outsourcing in business process outsourcing (bpo) market?
Major companies operating in the grip tape market are focusing on advanced innovation, such as anti-slip tape, to enhance safety and durability in industrial, commercial, and residential applications. Anti-slip tape is an adhesive strip with a textured surface designed to enhance traction on slippery surfaces, reducing the risk of slips and falls, improving safety, and providing durability in both indoor and outdoor environments. For instance, in March 2023, Jessup Manufacturing Company, a US-based producer of sports grip tapes and adhesive-coated films, introduced ReCon, an innovative anti-slip tape. This product stands out as the first to incorporate Nike Grind’s post-industrial recycled rubber, sourced from footwear manufacturing. This is designed for enhanced slip resistance, durability, and sustainability meeting key safety standards. It is suitable for various industries, including commercial kitchens, healthcare, and schools.
Which region dominates the grip tape market, and what factors contribute to its leadership?
North America was the largest region in the grip tape market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grip tape market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/grip-tape-global-market-report
How is the grip tape market segmented, and which segment holds the largest share?
The grip tape market covered in this report is segmented –
1) By Surface Type: Abrasive, Nonabrasive
2) By Material: Silicone, Polyurethane (PU), Rubber Based Foam, Sandpaper, Fabric, Poly Vinyl Chloride (PVC)
3) By Thickness: Less Than 0.5 mm, 0.5 mm To 1.0 mm, Above 1.0 mm
4) By End User: Sports And Recreation, Healthcare, Transportation, Industrial Manufacturing, Consumer Goods
Subsegments:
1) By Abrasive Grip Tape: Silicon Carbide, Aluminum Oxide, Mineral Coated
2) By Non-Abrasive Grip Tape: Rubberized, Vinyl-Based, Foam-Based, Textured Plastic
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21993
How is the grip tape market defined?
Grip tape typically refers to an adhesive-backed, textured material designed to enhance traction and grip on surfaces. Grip tape is typically made of a durable, gritty material similar to sandpaper, with a sticky backing that adheres securely to the surface.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company