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Printed Tapes Market Is Expected To Grow Rapidly Due To Rising Demand For The Product In Food & Beverage Application For Branding And Packaging Activities Till 2025: Grand View Research, Inc.

Printed Tapes Market Is Expected To Grow Rapidly Due To Rising Demand For The Product In Food & Beverage Application For Branding And Packaging Activities Till 2025: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The Global Printed Tapes Market size was estimated at USD 23.86 billion in 2016. Protection of the materials in transit coupled with ease in classification offered by the product is expected to drive the demand over the forecast period.

The Global Printed Tapes Market is expected to reach USD 39.79 billion by 2025, according to a new report by Grand View Research, Inc. Growing utilization of the tapes for branding and marketing purposes is expected to bolster growth over the forecast period.

The demand for printed tapes is expected to witness significant growth on account of the growing demand in food & beverage and for branding and promoting new products and for increasing consumer awareness. In addition, the growing use of printed tapes in road marking & hazard safety application is expected to have a positive impact on the market.

The growing use of various taping materials including polypropylene and polyvinyl chloride (PVC) coupled with availability of different types of adhesives to suit specific application needs is expected to have a positive impact on the industry over the next eight years. In addition, increasing used of different types of printing inks is expected to aid the market growth.

The use these tapes for packaging application aids in classifying the products during transit. Furthermore, the use of various printing technologies has assisted in multicolor printing on the tapes, which in turn has bolstered the use of the product in transportation and logistics and hazard safety applications.

Full Research Report on Global Printed Tapes Market Analysis: 
http://www.grandviewresearch.com/industry-analysis/printed-tape-market

U.S. printed tape market revenue by application, 2014 – 2025 (USD Billion)

 

U.S. printed tape market revenue by application, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Polypropylene accounted for the largest revenue share in 2016 with 45% of the overall revenue share. High strength, clarity, moisture, chemical & heat resistance offered by the material is expected to augment the use of the polymer for printing over the next eight years.
  • Digital printing is expected to be fastest growing technology with a CAGR of around 7.0%. Cost effective solutions coupled with improved printing quality offered by the technology is expected to drive the digital printing technology market.
  • UV curable ink is expected to witness substantial growth over the next eight years. Ease in printing coupled with rapid curing nature of the inks is expected to be the key aspect for increasing adoption of UV inks for printing applications over the forecast period.
  • Hot melt carton sealing tapes accounted for the largest revenue share in 2016 with 47% of the overall revenue share. Increasing use in industrial as well as packaging applications is expected to have a positive impact on the demand for hot melt carton sealing tapes.
  • Food & beverage technology accounted for the 43% of the revenue share in 2016 and is expected to continue its domination over the next eight years. The growing use printed tapes in branding and promotional activities in the industry is expected to drive demand.
  • Asia Pacific accounted for 45% of the revenue share in 2016. High growth opportunities in China and India coupled with increasing import-export activities in the region is expected to drive the demand over the projected period.
  • 3M, Le Mark Group, Kilby Packaging and Bron tapes are expected to be the major players in the industry. Different printing technologies coupled with technical services provided by the printers are the two major strategies adopted by the key players in the market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Global printed tape market share by product, 2016 (%)

 

Global printed tape market share by product, 2016 (%)

Grand View Research has segmented the Global Printed Tapes Market on the basis of raw material, technology, ink, product, application and region:

Raw Material Outlook (Volume, Million Sq. Meters; Revenue, USD Billion, 2014 – 2025)

  • Polypropylene
  • Polyvinyl Chloride
  • Others

Technology Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

  • Flexography
  • Lithography
  • Digital printing
  • Screen printing
  • Gravure
  • Others

Printing Ink Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

  • Water-based
  • Solvent-based
  • UV curable

Product Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

  • Acrylic carton sealing tape
  • Hot melt carton sealing tape
  • Natural rubber carton sealing tape

Application Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

  • Food & beverage
  • Consumer durables
  • Transportation & logistics
  • Others

Regional Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa

View press release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-printed-tape-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
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City: San Francisco
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Country: United States
Website: http://www.grandviewresearch.com/industry-analysis/printed-tape-market

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