Press release
Packaging Tape Printing Market: Technological Advancements, Evolving Industry Trends and Insights
Packaging Tape Printing Market: Segmentation
The packaging tape printing market is segmented on the basis of product type, material, mechanism, printing ink, end-use industry, and geography. On the basis of product type, the global packaging tape printing market is segmented into hot melt carton sealing type, acrylic carton sealing type, and natural rubber carton sealing type. Considering material, the global packaging tape printing market is segmented into polypropylene, polyvinyl chloride, and others (polyethylene, polyamide, and others).
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On account of mechanism, the global packaging tape printing market is segmented into flexography, digital printing, screen printing, gravure, lithography, and others (letterpress, offset). On the basis of printing ink, the global packaging tape printing market is segmented into water-based ink, UV-curable ink, and solvent-based ink.
On the basis of end-use industry, the global packaging tape printing market is segmented into food and beverages, consumer durables, transportation and logistics, and others (construction, healthcare, cosmetics, toiletries, and others). On the basis of geography, the global packaging tape printing market is segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific excluding Japan, and Japan.
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Packaging Tape Printing Market: Drivers and Restraints
Rise in adoption of printing technology on packaging tapes by brand owners is a major factor driving growth of the global packaging tape printing market currently. Moreover, growing demand for innovative printing styles to print packaging tapes and rising demand for aesthetic apparel are key factors fuelling growth of the global packaging tape printing market currently. Besides, growth in the packaging printing industry, rising demand for product differentiation, and technological advancements are also some of the major factors driving the market growth further. Rising printing costs, easy contamination, and evaporation of ink are among the major restraining factors for growth of the global packaging tape printing market.
Packaging Tape Printing Market: Region-Wise Outlook
The Asia-Pacific market is expected to witness the highest growth in the global packaging tape printing market in the coming years. In the Asia-Pacific region, China and India are expected to witness the highest market growth. The Middle East and Africa market is expected to witness the second highest growth in the global packaging tape printing market, with Turkey being the major growth contributor to the market in the region.
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Packaging Tape Printing Market: Key Players
Globally, the major players involved in the manufacture of printed packaging tape are Hewlett-Packard Development Company, L.P., E.I. du Pont de Nemours and Company, SIAT S.p.A, and Quad/Graphics, Xerox Corporation, among others
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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