openPR Logo
Press release

Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024

Pressure Sensitive Tapes & Labels Market

Pressure Sensitive Tapes & Labels Market

The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels.

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 @

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 @

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.
Toll Free: 1-888-689-0688

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:

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: 168

More Releases from Global Market Insights, Inc.

APAC methyl glucose market to see 8% CAGR till 2025 | Tinci, BOC Sciences, Kalic …
Global Market Insights, Inc., predicts that the APAC methyl glucose market may surpass $70 million by 2025. Moreover, the product is used in the eye area skincare products owing to its low eye irritation properties. APAC methyl glucose market is poised for robust growth on the back of its wide-ranging application in beauty & personal care products. Methyl glucose derivatives are extensively used in cosmetic products like creams, skin cleansers, shampoos,
APAC Rotomoulding Powder Market Trends and Forecasts, and Key players are A. Sch …
Increased need for advanced automotive solutions due to the rise in purchasing power among people is a vital factor propelling development in APAC rotomoulding powder market. The region witnesses a wide presence of automobile companies like Hyundai, Honda, Tata Motors, Kia and Hero, driving the demand for the process across the industry. More than 25.7 million vehicles had been manufactured in 2019 in China alone, representing a significant potential for
Hot melt amorphous polyalphaolefin market top trends, forecasts, Key players lik …
The hot melt amorphous polyalphaolefin market report is a deep-dive collection of important deliverables. An inherent sub-vertical of the global chemical’s domain, the XXX market has carved out quite a remunerative growth path in the recent years. The report enlists substantial details about this market with respect to its overall foothold in the chemical industry and how the product would find applications across major end-user sectors. The information provided in the
Non halogenated flame retardants market trends, forecasts by key players like Is …
MEA non halogenated flame retardants market is set to grow at 9% over the analysis period due to ongoing large scale infrastructural development activities along with stringent regulations for safeguarding construction activities. In 2015, Latin America transportation sector generated demand of over 3 kilo tons of non-halogenated flame retardant and is expected to grow significantly through 2026. In 2015, China accounted for over 40% of construction sector turnover. APAC non halogenated

All 5 Releases

More Releases for Pressure

Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that
Cucumber industry under pressure
"The cucumber market will get tight." This is pointed out by the German Association of the Fruit, Vegetable and Potato Processing Industry (BOGK) in Bonn. "We are in an exceptional situation," says Christoph Freitag, Executive Secretary of BOGK. "We are expecting supply shortages of pickled cucumbers delivered by our contract farmers. At the same time, the demand from customers in food retailing is increasing." The manufacturers of sour cucumbers, gherkins
Pressure Sensitive Adhesives Market
Pressure sensitive adhesives (PSAs) provide adhesion to dissimilar materials on application of pressure. They do not require heat, water or solvent to initiate bonding and fall into the category of dry adhesives. They can be used to affix materials such as plastics, wood, paper, metals and glass.  The advantages of using pressure sensitive adhesives are tackiness at room temperature, simple installation equipment, short curing times, peel resistance and shear resistance.
Wireless Pressure Sensors Market
MRC announces the addition of new study based research report on Wireless Pressure Sensors market to their suite of offerings. Where the Wireless Pressure Sensors market is heading? If you are involved in Wireless Pressure Sensors sector, the report brings to your attention a basic overview of the Wireless Pressure Sensors market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain
Staying strong under pressure
Pipe clamps ensure secure fastening of high-pressure pipes with outside diameters larger than 1,000 mm The rising demands on all components and systems used within industrial water cycles are the result of the trend towards increasingly high operating pressure levels of up to 500 bar and reduced water quantities used during descaling processes of steel components, e.g. in continuous milling and casting procedures, oil removal from hot-rolled sheeting and removing pickling
New Product: Winters LLP Pressure Transmitter for Low Pressure
July 25, 2011 Toronto, Ontario - Winters Instruments is pleased to announce the LLP Series Pressure Transmitter, designed specifically for use on applications that produce low pressures up to 25 psi. Featuring a 304 SS housing and 316L SS flexible diaphragm for pressure sensing, the LLP Transmitter is ideal for general industry use, as well as, OEM customers who require a high quality, high accuracy pressure transmitter. Measuring 4” in height, this