Wakasa is a type of paper first invented in Japan, typically made from fibers from the following plants: rice, bamboo, hemp, wheat, gampi tree, mitsumata shrub, or paper mulberry. Wawa tape is a high-quality masking tape made from Japanese Wawa paper. It is thin enough to be torn off by hand, but strong enough to adhere and can be reused because it is easy to peel off and reposition. According to the type of adhesive, paper tape can generally be divided into solvent based paper tape and water-based paper tape.
Germany has the highest growth rate among all regions.
NITTO DENKO Corporation is one of the major players in the Washi Tape market, holding a market share of 14.77% in 2018.
Nitto Denko Corporation mainly engages in tape business in Japan and internationally. Provide double-sided tape, surface protective film, sealing material/NVH related products, masking tape, film, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous film/breathable materials, and packaging tapes.
Nichiban's goal is to create useful products that support comfortable living, and to develop leading technologies in adhesives and bonding agents in a wide range of fields, which is the company's legacy in a wide range of areas.
Among different product types, the solvent based adhesive segment is expected to contribute the largest market share in 2027.
From an application perspective, the painter segment market accounted for the largest share from 2017 to 2022.