As per a report published by Transparency Market Research, the Global Industrial Tapes Industry was valued at USD 80.9 billion in 2022 and is estimated to grow at a CAGR of 6.7 per cent from 2023 to 2031 and reach USD 143.5 billion by the end of 2031. India is a key market for industrial tapes witnessing significant expansion in the packaging sector, coupled with the rise of eCommerce and the Make in India initiative that is contributing significantly to the market’s growth. Nevertheless, majority of competitors in this segment fail to consistently provide high-quality products and adhere to delivery schedules. Waco Tape has positioned itself as a key solution provider demonstrating a track record in delivering high-quality, high-performance products with on-time delivery that has garnered widespread appreciation from customers.
Incepted in 1942, Waco Tape specializes in manufacturing products tailored for various industries, including Packaging, Plywood and Gypsum Board. Their brand name Waco stands for Waterproof Corporation. Over the decades, the company has cultivated an exemplary reputation, renowned for its unwavering commitment to superior quality and exceptional service. Leveraging its expertise, the company has established itself as a major supplier of high-performance tapes, effectively meeting the needs of a broad range of markets and applications around the world. “Our mission is to attain the highest standards of customer satisfaction while spearheading innovation within the packaging industry”, says Chetan Singrodia, Director.
Stringent Quality Check
Waco Tape is committed to delivering superior-quality products at competitive prices, ensuring punctual delivery and upholding consistent product excellence. This strategic approach underscores their dedication to meeting and exceeding customer expectations while driving forward industry advancements. Their strengths include the development and manufacturing of eco-friendly solutions tailored to the packaging and plywood industries.
Waco Tape has developed its own technology for the production of gummed paper tapes within its extensive 35,000 square feet manufacturing facility located in Central Mumbai. This facility is equipped with a state-of-the-art in-house research and development laboratory, comprehensive engineering design capabilities and dedicated workshop facilities. The company also gets benefitted from the expertise of a team of highly skilled professionals who contribute to the innovative and efficient manufacturing process.
Waco Tape has meticulously established comprehensive standards for every raw material used in their operations, including those for packaging materials
Waco Tape has meticulously established comprehensive standards for every raw material used in their operations, including those for packaging materials. Prior to commencing processing, each raw material undergoes rigorous testing to ensure it meets the established standards. Furthermore, the company has delineated specific standards for each component of their manufacturing process. In their commitment to maintaining the highest quality, the company performs over 100 distinct quality checks at various stages of the manufacturing process. These checks encompass everything from the initial examination of raw materials, through continuous in-process evaluations, to the final testing of finished products. Only after passing these extensive checks are the products deemed ready for dispatch to customers.
Waco Tape commands a robust distribution network spanning the entire nation and extends its reach globally, exporting to over 35 countries across every continent. Moving ahead, by actively engaging with customers and nurturing robust trading relationships, the company aims to secure long-term business partnerships and sustain continuous growth. Ambitiously, they are set to double their revenue within the next three to five years. Furthermore, they are strategically positioning themselves to diversify their portfolio with innovative products tailored to meet the evolving needs of their current customers.
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