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Label Protection Tapes Market: Industry Size, Share, Growth, Forecasts 2017 - 2027

06-13-2018 08:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Label Protection Tapes Market: Industry Size, Share, Growth,

"Label Protection Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2027 " is the latest addition to MarketResearchReports.Biz industry research reports collection.


The objectives of this study are as follows:

To define, describe, and forecast the "Label Protection Tapes" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Label Protection Tapes – Market Outlook

Increasing cross border trade, population migration and expansion of global e-Commerce services into rural and semi urban areas has led to the demand for increased protection for packages and attached labels. Packages have to pass through harsh weather and are also roughly handled through the delivery process. In such a scenario, there are high chances of labels getting torn, and wet due to moisture or abrasion. To protect labels from such damages during delivery process, label protection films are used. Label protection films are made of plastic, fiber based paper or synthetic paper materials. These tapes are moisture, chemical and grease resistant, waterproof and tamperproof. Label protection tapes manufacturers are increasingly focusing on design and development of new label protection tapes for end use industries such as food & beverages, automotive & electronics, chemicals and pharmaceuticals. Label protection tapes market in Asia Pacific excluding Japan (APEJ) region is highly contributed by small, medium and unorganized manufacturers. According to World Trade Organization (WTO), global trade growth in 2018 is estimated to stand at approximately 3.2%. The main attributing factors are rise in inter regional trade in Asia Pacific and increasing imports in the U.S. China’s industrial growth is expected to push the Asia Pacific export levels. The global label protection tapes market has direct correlation with the dynamics of global labels market. In the year 2017, the global labels market is estimated to be valued at nearly US$ 40.8 Bn.

Global Label Protection Tapes market: Segmentation

The global Label Protection Tapes market has been segmented as follows –

On the basis of film type, the global label protection tapes market has been segmented as –

Transparent
Opaque
On the basis of backing material, the global Label Protection Tapes market has been segmented as –

Acetate
BOPP Film
Polyester
Polyethylene
UPVC Film
Others
On the basis of adhesive type, the global Label Protection Tapes market has been segmented as –

Acrylic
Synthetic Rubber
Paper Liner
Solvent Based Natural Rubber
Others

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On the basis of end-use industry, the global Label Protection Tapes market has been segmented as –

Food & Beverages
Automotive & Electronics
Cosmetics & Personal Care
Pharmaceuticals
Building & Construction
Telecommunication
Others
On the basis of geography, the global Label Protection Tapes market has been divided into seven key regions –

North America
Asia Pacific excluding Japan
Western Europe
Eastern Europe
Latin America
Middle East & Africa
Japan
Increasing consumer preference towards clean and attractive labels is driving the global label protection tapes market. Label protection tapes protects the labels from tearing and abrasion through delivery process. Label protection tapes easily adhere on many packaging formats and material surfaces. Once bonded, these tapes provide secure adhesion for extended periods . Label protection tapes can be clear/ transparent, and feature a low-glare surface for easy reading of label contents. Label protection tape manufacturers are focusing on launching of low cost and highly durable label protection tapes. Food & beverages end use segment is expected to dominate the global label protection tapes market. Construction & building materials industry is increasingly adopting label protection tapes. Cosmetics & personal care and chemicals industries are growing at an attractive year on year growth rates. Developing world is adopting label protection tapes at a higher annual growth rates. Developing world label protection tapes market is highly contributed by emerging economies such as India, Brazil, Argentina, Mexico, South Africa and Nigeria. The recent trends in label protection tapes market is rising end user preference for matte finish, acrylic adhesive and PP backing material.

Asia Pacific Excluding Japan (APEJ) is anticipated to dominate the global label protection tapes market. Improving consumer confidence in retail and dominating food & beverages sector in APEJ is the major driver for APEJ label protection tapes market. Europe label protection tapes market is expected to grow at a moderate CAGR during forecast period. Improving economic conditions and positive consumer sentiments in Eastern Europe region is the major region driving overall Europe label protection tapes market.

Global Label Protection Tapes market: Key Players

Some of the key players operating in the global Label Protection Tapes market are – 3M Co., Shurtape Technologies Llc, International Plastics, Inc., Ajit Industries Private Limited (AIPL), ECHOtape, Nova Films & Foils, Inc., Godson Tapes Pvt. Limited., Can-Do National Tape, Cosmos Tapes & Labels Private Limited, Decofix Papers & Tapes and others.

The global label protection tapes market is expected to be driven by increasing demand from end use industries such as food & beverages, automotive & electronics and building & construction. Consumer convenience and product differentiation are the major strategies followed by label protection tapes manufacturers worldwide.

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Key Developments, Mergers and Acquisitions

In February 2017, Shurtape Technologies, LLC, producer of pressure-sensitive tapes, announces the acquisition of Syntac Coated Products, LLC.
Conclusion

Global label protection tapes market is expected to expand at a lucrative CAGR during the forecast period, due to expanding demand from end use industries such as food & beverages, electronics & semiconductors, automotive and consumer goods. Rising penetration of label protection tapes in chemicals, pharmaceuticals and clinical trials, where label protection is very vital to the business is expected to drive the global label protection tapes market. The global market is expected to witness a trend of growing consolidation during the forecast period.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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