Press release
Packaging Tape Printing Market Is Expected To Grow At A CAGR Of 6.2% CAGR By 2023
Market Highlights:The global packaging tape printing market is expected to grow significantly owing to the boom in the packaging and labelling industry which requires extensive use of printed packaging tape. The increase in the demand for premium packaging of various products across food & beverage industry and consumer durables and the need of distinguishing them from one another is also expected to drive the demand for printed tapes used in packaging. The packaging tape printing market is also expected to be driven with the continuous improvements in the marketing activities and the rapid growth of colored labelling.
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Key Players of Packaging Tape Printing Market:
• Quad/Graphics Inc. (U.S.)
• Hewlett-Packard Development Company, L.P. (U.S.)
• E.I. du Pont de Nemours and Company (U.S.)
• Xerox Corporation (U.S.)
• SIAT S.p.A (Italy)
• RR Donnelley & Sons (U.S.)
• Canon U.S.A., Inc. (U.S.)
• FLEXcon Company, Inc. (U.S.)
• WS Packaging Group (U.S.)
• Cenveo, Inc. (U.S.)
Market Research Analysis:
Based on all types of ink used for printing of packaging tapes, the water-based printing ink is expected to grow significantly during the forecast period. Water-based inks have the ability to offer better performance in terms of clarity required for printing and low printing cost associated with water-based printing ink which ensures less damage to both people and environment. The increased demand of water-based printing ink having low volatile organic compound (VOC) content is also contributing to the growth of the overall packaging tape printing market.
Based on all types of material, the polypropylene is expected to grow the highest. Polypropylene films are very strong and rigid in nature which ensures effective packaging of raw materials for a longer duration of time. The polypropylene material is the versatile, economic and offer excellent moisture barrier, clarity, durability, the ability to print, aroma strength and dimensional stability.
Scope of the Report:
This study provides an overview of the global Packaging Tape Printing market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Packaging Tape Printing market by its type, by application and regions.
By Material
• Hot Melt
• Acrylic
By Material
• Polypropylene
• PVC
• Others
By Printing Ink
• Water-based
• UV-curable
By Regions
• Asia Pacific
• North America
• Europe
• Rest of World
Brief TOC:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Packaging Tape Printing Market, By Product
4.1 Introduction
4.2 Hot Melt
4.3 Acrylic
5 Global Packaging Tape Printing Market, By Material
5.1 Introduction
5.2 Polypropylene
5.3 PVC
5.4 Others
Continue…
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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