Market Forecast By Resin Types (Acrylic, Epoxy, Rubber-based, Silicone, Polyurethane, Others), By Technology Types (Water-based, Solvent-based, Hot-melt, Reactive, Others), By Baking Material (Polypropylene (PP), Polyvinyl Chloride (PVC), Paper, Others), By End-users (Automotive, Health Care, Appliances, Others) And Competitive Landscape
Product Code: ETC003919 | Publication Date: Sep 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Ghana Adhesive Tapes market currently, in 2023, has witnessed an HHI of 3328, Which has decreased slightly as compared to the HHI of 4517 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Ghana Adhesive Tapes Market |
Forecast period | 2025-2031 |
CAGR | 6% |
Growing Sector | Hot-Melt Adhesive Tapes Segment |
The Ghana Adhesive Tapes Market report thoroughly covers the market by resin types, technology types, baking materials and end-users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Ghana Adhesive Tapes Market is expected to experience a steady growth during the forecast period. This growth can be attributed to various factors such as increasing demand for packaging solutions, rise in construction activities, and the expanding manufacturing sector in the country.
According to 6Wresearch, Ghana Adhesive Tapes Market size is expected to grow at a CAGR 6% during 2025-2031. The expanding usage of adhesive tapes in the packaging sector is one of the main factors propelling the market. The need for dependable and effective packing materials has increased dramatically with the growth of e-commerce and online shopping. Adhesive tapes are perfect for securing parcels during transit because of their excellent stickiness, flexibility, and durability. Furthermore, its affordability in comparison to conventional packaging materials has contributed to their popularity among companies. Furthermore, it is anticipated that the Ghanaian market for adhesive tapes will expand significantly due to the building industry. Construction has increased as a result of the government's emphasis on urbanization and infrastructure development.
Some of the key players in the Ghana adhesive tapes market include 3M, Tesa SE, Nitto Denko Corporation, Avery Dennison Corporation, and Berry Global Inc. These companies are constantly investing in research and development to introduce innovative products and expand their product portfolio. This is expected to further fuel market growth.
Ghana's government has launched a number of programs to encourage industrialization and draw in foreign investment. The "One District, One Factory" program seeks to develop a minimum of one factory in every district across the nation, so affording adhesive tape manufacturers the chance to establish production facilities and meet the increasing demand. Furthermore, the Ghana Industrial Transformation Plan (GITP) seeks to industrialize the nation, which will increase demand for adhesive tapes across a range of businesses.
It is anticipated that the adhesive tapes market in Ghana will keep expanding. Government programs encouraging industrialization and rising demand from a variety of industries are anticipated to be important driving forces. Furthermore, the market for biodegradable adhesive tapes has enormous potential due to the growth of e-commerce and rising consumer awareness of sustainable packaging options. This offers companies a chance to get into this developing market and take advantage of its development and profit possibilities. The market for adhesive tapes in Ghana appears to have a bright future overall. In the upcoming years, the market is anticipated to continue growing and developing due to ongoing technology improvements and changing customer tastes.
According to Dhaval, Research Manager, 6Wresearch, The silicone segment is witnessing significant growth in demand in the Ghana adhesive tapes market. Silicone adhesive tapes offer high temperature resistance, excellent adhesion to a variety of surfaces, and good weatherability, making them suitable for various applications in industries such as electronics and healthcare. With the increasing use of electronic devices and medical equipment, the demand for silicone adhesive tapes is expected to continue growing in the coming years. Additionally, advancements in technology have led to the development of specialized silicone adhesive tapes for specific purposes, further driving their demand and growth in the market.
The hot-melt segment is experiencing a surge in demand in the Ghana adhesive tapes market. Hot-melt adhesive tapes are known for their strong bonding strength, quick curing time, and high initial tack. These properties make them ideal for use in various industries such as packaging, construction, and automotive. With the growing demand for these industries in Ghana, the demand for hot-melt adhesive tapes is expected to increase as well.
The polypropylene (PP) segment is witnessing significant growth in demand in the Ghana adhesive tapes market. PP-based adhesive tapes offer high strength, good chemical resistance, and excellent durability, making them suitable for a wide range of applications. They are commonly used in industries such as packaging, construction, and automotive.
The automotive sector is one of the key end-users driving the demand for adhesive tapes in Ghana. Adhesive tapes are used extensively in automotive manufacturing for various applications such as bonding, sealing, and surface protection. With the increasing production and sales of automobiles in Ghana, the demand for adhesive tapes in this sector is expected to grow significantly.
The Ghana Adhesive Tapes Market report provides a detailed analysis of the following market segments:
Table of Contents |
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Ghana Adhesive Tapes Market Overview |
3.1. Ghana Country Macro Economic Indicators |
3.2. Ghana Adhesive Tapes Market Revenues & Volume, 2021 & 2031F |
3.3. Ghana Adhesive Tapes Market - Industry Life Cycle |
3.4. Ghana Adhesive Tapes Market - Porter's Five Forces |
3.5. Ghana Adhesive Tapes Market Revenues & Volume Share, By Resin Types, 2021 & 2031F |
3.6. Ghana Adhesive Tapes Market Revenues & Volume Share, By Technology Types, 2021 & 2031F |
3.7. Ghana Adhesive Tapes Market Revenues & Volume Share, By Baking Material, 2021 & 2031F |
3.8. Ghana Adhesive Tapes Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4. Ghana Adhesive Tapes Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Ghana Adhesive Tapes Market Trends |
6. Ghana Adhesive Tapes Market, By Types |
6.1. Ghana Adhesive Tapes Market, By Resin Types |
6.1.1 Overview and Analysis |
6.1.2. Ghana Adhesive Tapes Market Revenues & Volume, By Resin Types, 2021-2031F |
6.1.3. Ghana Adhesive Tapes Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4. Ghana Adhesive Tapes Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5. Ghana Adhesive Tapes Market Revenues & Volume, By Rubber-based, 2021-2031F |
6.1.6. Ghana Adhesive Tapes Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.7. Ghana Adhesive Tapes Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.8. Ghana Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.2. Ghana Adhesive Tapes Market, By Technology Types |
6.2.1. Overview and Analysis |
6.2.2. Ghana Adhesive Tapes Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.3. Ghana Adhesive Tapes Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4. Ghana Adhesive Tapes Market Revenues & Volume, By Hot-melt, 2021-2031F |
6.2.5. Ghana Adhesive Tapes Market Revenues & Volume, By Reactive, 2021-2031F |
6.2.6. Ghana Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.3. Ghana Adhesive Tapes Market, By Baking Material |
6.3.1. Overview and Analysis |
6.3.2. Ghana Adhesive Tapes Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.3.3 Ghana Adhesive Tapes Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021-2031F |
6.3.4. Ghana Adhesive Tapes Market Revenues & Volume, By Paper, 2021-2031F |
6.3.5. Ghana Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
6.4. Ghana Adhesive Tapes Market, By End-users |
6.4.1. Overview and Analysis |
6.4.2. Ghana Adhesive Tapes Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3. Ghana Adhesive Tapes Market Revenues & Volume, By Health Care, 2021-2031F |
6.4.4. Ghana Adhesive Tapes Market Revenues & Volume, By Appliances, 2021-2031F |
6.4.5. Ghana Adhesive Tapes Market Revenues & Volume, By Others, 2021-2031F |
7. Ghana Adhesive Tapes Market Import-Export Trade Statistics |
7.1. Ghana Adhesive Tapes Market Export to Major Countries |
7.2. Ghana Adhesive Tapes Market Imports from Major Countries |
8. Ghana Adhesive Tapes Market Key Performance Indicators |
9. Ghana Adhesive Tapes Market - Opportunity Assessment |
9.1. Ghana Adhesive Tapes Market Opportunity Assessment, By Resin Types, 2021 & 2031F |
9.2. Ghana Adhesive Tapes Market Opportunity Assessment, By Technology Types, 2021 & 2031F |
9.3. Ghana Adhesive Tapes Market Opportunity Assessment, By Baking Material, 2021 & 2031F |
9.4. Ghana Adhesive Tapes Market Opportunity Assessment, By End-users, 2021 & 2031F |
10. Ghana Adhesive Tapes Market - Competitive Landscape |
10.1. Ghana Adhesive Tapes Market Revenue Share, By Companies, 2024 |
10.2. Ghana Adhesive Tapes Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |