Global Printed Tape Market is valued at approximately USD 28.78 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.08% over the forecast period 2022-2028. Printed Tapes are the tapes on which printing is done that are usually adopted for advertising or a company’s name promotion. These tapes highlight the company’s name and logo and offer ease of identification to the population. These tapes make the product or merchandise aesthetically attractive and present prompt recognition of the packaged product.
The growing trend of digital printing, increasing demand for aesthetic appeal and innovative printing styles, and growing need for sustainable printing majorly by the end-user industry such as transportation & logistics, food & beverages, and consumer goods are augmenting the market growth around the world.
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For instance, in November 2021, Ahlstrom-Munksjo extended its offering of sustainable tape backing solutions by introducing a complete product range for pressure-sensitive packaging tape applications. MasterTape Pack is a sustainable fiber-based alternative to plastic packaging tapes that comprise high bio-based contents. However, the required high capital investment and fluctuations in the prices of raw materials impede the growth of the market over the forecast period of 2022-2028. Also, the emergence of new technologies in the printing industry is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the Global Printed Tape Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growth of the emerging economies, and the presence of leading manufacturers and suppliers of printing materials and equipment. Whereas, Europe is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing need for sustainable printing, coupled with the increasing demand for aesthetic looks and innovative printing styles would create lucrative growth prospects for the Printed Tape Market across the Europe region.
Major market players included in this report are:
Hewlett-Packard Development Company
E.I. du Pont de Nemours and Company
Quad/Graphics Inc.
Xerox Corporation
RR Donnelley & Sons Company
Canon U.S.A., Inc.
W.S. Packaging Group
DuPont de Nemours, Inc.
3M
Lixin Adhesive Technology (Shanghai) Co.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Hot melt carton sealing tape
Acrylic carton sealing tape
Natural rubber carton sealing tape
By Mechanism
Flexography
Lithography
Digital printing
Screen printing
Gravure
Others
By Material
Polypropylene
Polyvinyl chloride
Others
By Printing Ink
Water-based ink
UV-curable ink
Solvent-based ink
By End-user Industry
Food & beverages
Consumer durables
Transportation & logistics
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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