In the colorful world of tapes, when people focus on new products such as acrylic tapes and wireless charging double-sided tapes, the prices of traditional sealing tapes are quietly changing and going down. This phenomenon seems ordinary, but there are many deep-seated reasons behind it. These factors are intertwined and jointly promote the changes in the sealing tape market.
Raw material costs: opening the door to price reduction from the source
The birth of sealing tape is inseparable from two key raw materials-BOPP film and pressure-sensitive adhesive. In recent years, the petrochemical industry has flourished, and the supply of polypropylene, which is the raw material for the production of BOPP film, has greatly improved. The sufficient supply has stabilized the price of polypropylene and even shown a downward trend. At the same time, the production technology of pressure-sensitive adhesives is also continuously innovating. The application of new processes and new formulas has effectively reduced the production cost of pressure-sensitive adhesives. The double reduction in raw material costs directly created conditions for the reduction of the overall cost of sealing tapes, just like opening the first valve for price reduction.
Innovation in production technology: Efficiency improvement drives cost reduction
Walking into today's sealing tape production workshop, what comes into view is a highly automated and busy scene. Advanced production equipment and technology are reshaping the production pattern of sealing tape. High-speed coating machines and slitting machines have become the main force on the production line. They operate at an astonishing speed and can produce a large amount of sealing tape in a short time. The substantial improvement in the degree of automation has not only increased production efficiency exponentially, but also significantly reduced dependence on labor, and labor costs have been greatly reduced. The production cost per unit product is getting lower and lower, which makes sealing tape more flexible in market pricing and more price competitive, successfully opening the second valve for price reduction.
Market competition: white-hot game lowers the price level
The entry threshold of the sealing tape market is relatively low, which is like a huge magnet, attracting many companies to join the market. For a time, sealing tape products on the market emerged like a tide, and the supply was seriously oversupplied. In this fierce market battle, companies have raised the banner of price competition in order to get a share of the pie. Large enterprises, relying on their strong financial strength and scale production advantages, took the lead in reducing prices, trying to squeeze the living space of small and medium-sized enterprises through low-price strategies. In order to gain a foothold in the market, small and medium-sized enterprises have to passively follow up with price cuts. This fierce price game has caused the price level of the sealing tape market to be continuously lowered, becoming another key factor in driving price reductions.
Although the price of sealing tape continues to fall, its position in the packaging field is still very important. From e-commerce packages to industrial product packaging, sealing tape is still an indispensable existence. With the continuous advancement of technology, sealing tape may usher in new breakthroughs in materials, processes, etc. in the future, bringing us more surprises. For consumers and enterprises, while enjoying affordable prices, they also look forward to the emergence of sealing tape products with better quality and stronger performance.
