Global Printed Tape Market, By Product Type (Acrylic Carton Sealing Tape, Hot Melt Carton Sealing Tape, Natural Rubber Carton Sealing Tape), Material Type (Polyvinyl Chloride, Polypropylene, Polyamide, Polyethylene, Others), Technology (Flexography, Lithography, Digital Printing, Screen Printing, Gravure, Others), Printing Ink (Water-Based, Solvent-Based, UV Curable), Application (Food and Beverage, Consumer Durables, Transportation and Logistics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Printed tape market size is expected to grow at a compound annual growth rate of 6.19% for the forecast period of 2021 to 2028. Data Bridge Market Research report on printed tape market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Printed tapes are the type of packaging products or accessories which are used to seal the packaging products and guard the package from opening up. They are shaped comparable to the conventional tapes, with the variation coming in its outer as it has a special surface where the organization whose products are packaged can sponsor their brands.
The printed tape market is rising in demand due to high adoption of printing technology for manufacturing packaging tapes by a variety of brand owners. The increasing transportation and import-export activity is also highly impacting the growth of the printed tape in the forecast period of 2021 to 2028. The high demand for innovative and advanced printing techniques for manufacturing packaging tapes and increasing demand for aesthetically appealing products are also anticipated to flourish the demand of the printed tape market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the rising demand for the product in food and beverage applications for promoting, branding and packaging activities are also expected to push the growth of printed tape market in the above mentioned forecast period.
The major factor which actively drives the demand of printed tape market is the rapid increase in disposable incomes along with high growth in packaging industry and growing demand for technological advancements and product differentiation. Likewise, the rising investments by various major players in developed and developing countries across the globe as well as the increasing demand from developing countries will further offer various growth opportunities for the growth of printed tape market over the forecast period of 2021 to 2028.
However, the high price involved in deployment of printed tape plant and fluctuating raw material prices are expected to impede the growth of the printed tape market in the above mentioned forecast period, whereas the higher cost and evaporation of ink have the potential to challenge the growth of the printed tape market.
This printed tape market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on printed tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Printed Tape Market Scope and Market Size
Printed tape market is segmented on the basis of product type, material type, technology, printing ink and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the printed tape market is segmented into acrylic carton sealing tape, hot melt carton sealing tape and natural rubber carton sealing tape.
- Based on material type, the printed tape market is segmented into polyvinyl chloride, polypropylene, polyamide, polyethylene and others.
- On the basis of technology, the printed tape market is segmented into flexography, lithography, digital printing, screen printing, gravure and others.
- Based on printing ink, the printed tape market is segmented into water-based, solvent-based and UV curable.
- The application segment for printed tape market is segmented into food and beverage, consumer durables, transportation and logistics and others.
Printed Tape Market Country Level Analysis
Printed tape market is analyzed and market size, volume information is provided by country, product type, material type, technology, printing ink and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the printed tape market because of the thriving industries such as food and beverage and transportation and logistics in emerging economies such as India and China within this region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing demand from packaging and transportation and logistics applications in the emerging countries within this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Printed Tape Market Share Analysis
Printed tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to printed tape market.
The major players covered in the printed tape market report are 3M, Windmill Tapes, Bron Tapes, Inc., Le Mark Group Ltd., Easitape, Shurtape Technologies, LLC, The BoxMaker, Print-O-Tape, FABO s.p.a., Irplast S.p.A., Bhumi International, BSK Print, Packit Packaging Solutions, Uline, FLEXcon Company, Inc., Xerox Corporation, DuPont, Canon Inc., NADCO Tapes & Labels, Inc., and Flint Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.