Press release
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024
Pressure Sensitive Tapes & Labels Market
Official sources claim that switch to clear, pressure sensitive labels would soar the brand recognition to new heights in no time. Besides, this novel move would bolster MCC’s aim to help the clients distinguish their brands in highly competitive pressure sensitive tapes and labels market while guiding them to new growth targets in the upcoming years.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/383
Global Market Insights, Inc., forecasts that pressure sensitive tapes and labels market would register a lucrative growth of USD 150 billion by the end of 2024, in terms of revenue, given its abundant use in various industries, especially the packaging sector.
What makes packaging industry a niche market for pressure sensitive tapes and labels?
Given that technology has been establishing a strong foothold in the packaging sector, it is worthy to note that the development of pressure sensitive tapes and labels market is massively influenced by the transforming trends across the flexible packaging industry. According to statistics by the Flexible Packaging Association, the flexible packaging industry in 2018 recorded nearly USD 31.8 billion sales in the United States, paving way for slew of opportunities for the market players.
This stellar growth comes from the growing population treading towards sedentary lifestyle such as the consumption of packaged food, long working hours, etc. In turn, this has led to an increase in the demand for pressure sensitive tapes and labels, considering the fact that pressure sensitive adhesives stand as a one stop solution to umpteen requirements across the packaging industry.
Asia Pacific: a prominent hub for pressure sensitive tapes and labels industry
Amidst the ongoing intense share battle, Asia Pacific has emerged as an investment hotbed for the pressure sensitive tapes and labels industry majorly on the grounds of penetrating flexible packaging market in the region. This can be credited to the expanding urban population level combined with the developments in consumer lifestyle and retail infrastructure to address the surging demand for packaged food across various economies in the region including China, India, Thailand, and Indonesia. In fact, industry experts claim that India has evolved as one of the rapidly emerging packaging markets in the regional belt.
Request for customization @ https://www.gminsights.com/roc/383
As per estimates by IBEF, the flexible packaging in India accounted for nearly USD 28 billion in 2014. Not to mention, this staggering growth augments the demand for sealing materials and adhesives which has undeniably bolstered pressure sensitive tapes and labels market in the region.
Mounting concerns associated with plastic film based PSA tapes to obstruct market growth
Despite the positive growth outlook of this industry, one of the chief restraints deterring the pressure sensitive tapes and labels market growth from packaging application is the alarming concern pertaining to the use of plastic-film based pressure sensitive tapes. Potential concerns related to emission level, life cycle analysis, performance, recyclability, and compatibility of these labels and tapes are prompting industry players to put forth competitive alternatives to these.
However, various industry professionals have stated that using PSA for the closure of corrugated containers does not intervene in the recycling process, ensuring high environment stability and sustainability. Moreover, high demand for corrugated box packaging aligned with strict regulatory reforms have added to the growth prospects of pressure sensitive tapes and labels market size.
Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024 here
News-ID: 2137020 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Pressure
Benefits of Pressure Washing With Cen-Cal Pressure Pros
Fresno, CA - Over time, a property's exterior surfaces will collect debris, causing them to lose their visual appeal. This negative effect will become more and more noticeable over time, eventually causing property owners to seek out the best solution. In most cases, pressure washing [https://www.cencalpressurepros.com/pressure-washing-company-in-fresno-ca/] is the go-to answer to dirty exterior surfaces. Pressure washing uses high-pressure water to disturb and remove debris from these surfaces. This process has…
Ensuring Pressure Washing Safety With D4S Pressure Washing
Tampa, FL - Pressure washing [https://www.d4spressurewashing.com/pressure-washing-company-in-tampa-fl/] is an effective way of restoring a property's exterior surfaces. The process makes them cleaner, and as a result, more visually appealing. However, pressure washing does not come without its fair share of challenges. For instance, pressure washing uses highly pressurized water, and handling this force can cause significant harm or damage if the correct precautions are not taken. Learn what precautions to take…
How Midland Pressure Washing Conquers Pressure Washing Challenges
Leawood, KS - Pressure washing [https://www.midlandpressurewash.com/pressure-washing-company-in-leawood-ks/] does not go the exact same way every single time. In fact, this versatile process is used to clean a variety of different surfaces, and the precise details of pressure washing can be customized to match the job. With some knowledge of the demands of every surface that needs to be cleaned, residential and commercial property owners can harness the power of pressure washing…
Pressure Washing vs. Soft Washing With Riptide Pressure Washing
Wilmington, NC - The exterior surfaces of any property will become dirty over time. When this occurs, the owner of the property may become interested in cleaning them. However, the best way to accomplish this work may not be immediately clear. Should exterior surfaces be pressure washed, or soft washed? And what precisely is the difference between these two options? Riptide Pressure Washing [https://www.riptide-wash.com/] proudly provides pressure washing [https://www.riptide-wash.com/pressure-washing-company-in-wilmington-nc/] and…
DIY Pressure Washing Versus Professional Pressure Washing
West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid…
Precision Under Pressure: Trends in Fluid Pressure Sensors
The Business Research Company recently released a comprehensive report on the Global Fluid Pressure Sensors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the fluid pressure…
