With the growth of the level of economic development and the pull of the downstream market demand, China’s adhesive tape industry is developing well and has become the world’s largest producer of adhesive tapes, and its market prospects for the future are still very broad. According to statistics, China’s adhesive tape production has continued to rise in recent years, with output reaching 24.90 billion square metres in 2018, approximately 26.49 billion square metres in 2019, and expected to produce nearly 34 billion square metres by 2023. From the perspective of demand, there are many categories of adhesive tapes, and the downstream can be used in civil markets such as architectural decoration, household daily use and packaging. With the growing demand for public and residential building decoration, it has also led to the growth of sales of decorative tapes. According to the China Construction Decoration Association data, in 2018 China’s construction decoration industry completed the total project output value has exceeded 4 trillion yuan, 2019 output value of 4.49 trillion yuan, an increase of 6.4%.
In the face of the serious problem of homogenization of adhesive tape products and the large gap between product technology and advanced foreign enterprises, domestic adhesive tape manufacturers are actively increasing their efforts to promote the research and development of new products, constantly adjusting the product structure and improving production processes, and their competitiveness in the middle and high-end market has increased significantly, and the industrial structure adjustment and upgrading is being accelerated, with stable product quality, comprehensive supply capacity, and the ability to provide timely and customized solutions according to the market and Companies with stable product quality, comprehensive supply capabilities and the ability to provide customised solutions in a timely manner in response to changes in market and customer demand are expected to achieve industry leadership. In addition, under the trend of increasingly tightening environmental protection policies, special categories, environmentally friendly and high technology products will have greater room for development.
As a professional warning tape manufacturer and sales manufacturer in China, we continue to adhere to our aim of winning with quality, focusing on the development of customised high quality warning tapes and warning signs. Although we have achieved some good results, we have not slowed down our pace and are still working hard to become the top brand in the industry.
Post time: Feb-18-2023