The Market Reports

Synopsis

The global market for Carrier Tape was estimated to be worth US$ 841 million in 2024 and is forecast to a readjusted size of US$ 1403 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.

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.

The global Carrier Tape core manufacturers include 3M, ZheJiang Jiemei, Advantek and Shin-Etsu, with the top four manufacturers accounting for about 62% of the global share. From a regional perspective, China accounts for the largest share of the global Carrier Tape production market, at more than 50%. In terms of product categories,Plastic Core Carrier Tapes account for 80% of the market share in sales. From an application point of view, Carrier Tapes are mainly used in Active Components, which account for 80% of the global Carrier Tape market share.

This report aims to provide a comprehensive presentation of the global market for Carrier Tape, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Carrier Tape by region & country, by Material, and by Application.

The Carrier Tape market size, estimations, and forecasts are provided in terms of sales volume (Million Meters) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carrier Tape.

Market Segmentation

By Company

• 3M
• Advantek
• Shin-Etsu Polymer
• Nissho Corporation
• Zhejiang Jiemei Electronic Technology
• NIPPO CO.,LTD
• YAC GARTER
• U-PAK
• C-Pak
• ePAK International
• ROTHE
• Sumitomo Bakelite
• Tek Pak
• Oji F-Tex Co., Ltd.
• Jiangyin Winpack
• SEKISUI SEIKEI
• Asahi Kasei
• Kanazu Giken
• Taiwan Carrier Tape Enterprise Co., Ltd
• LaserTek
• JSK Co.,Ltd
• Miyata System
• Hwa Shu Enterpris
• Xiamen Hatro Electronics

Segment by Material

• Paper Core Carrier Tape
• Plastic Core Carrier Tape

Segment by Application

• Power Discrete Devices
• Integrated Circuit
• Optoelectronics
• Passive Components
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.