A recent industry analysis by Fact.MR projects that the global printed tapes market will expand between 2023 and 2033 at a CAGR of 7.6%. By the end of 2033, it is anticipated that the globe will be valued $74.5 billion.
Printed tapes are helpful for promoting brands, products, or companies. Another element that is anticipated to increase market potential is the use of these hot melt materials as a potent replacement for printed cartons. Printed tapes provide a quick adhesive strength even at low temperatures, in contrast to other adhesives like acrylic adhesives. Additionally, they are more UV radiation and aging resistant.
Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8240?AS
Key Pioneers
- 3M
- ADH Tape
- Windmill Tapes
- BSK Print
- Supertape
- Kilby Packaging
- Packit Packaging Solutions
- Shurtape Technologies LLC
Winning Strategy
Research & development, acquisitions, and technology launches are some key strategies that are adopted by industry players in the global printed tapes industry.
For instance,
- 3M in October 2019 acquired Acelity, Inc. along with its KCI subsidiaries around the world with a significant value. Acelity is a prominent global company that is leading in medical technology and concentrating on specialty surgical applications and advanced wound care marketed under the brand, KCI.
Key Driving Forces Accelerating the Market Growth
- The global printed tapes market is estimated to reach a valuation of US$ 74.5 billion by the end of 2033.
- Sales of printed tapestry in Canada are predicted to increase at a CAGR of 6.2% through 2033.
- The current value of the global printed tapes market is US$ 35.5 billion.
- The expected CAGR for the market is 7.6% through 2033.
- The U.S. market accounted for US$ 7.9 billion in the year 2022.
“Rising requirement for printed tapes in food & beverage applications for packaging, promotion, and branding activities are anticipated to drive market growth,” mentions a Fact.MR analyst.
Industry Research
- By Type :
- Polypropylene
- Polyvinyl Chloride
- Other Raw Materials
- By Application :
- Food & Beverages
- Consumer Durables
- Transportation & Logistics
- Others
- By Printing Ink :
- Water-based
- Solvent-based
- UV Curable
Regional analysis includes
- North America (USA, Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS and Russia
- Japan
Why choose Fact.MR?
- Strong focus on providing quality market reports
- 24-hour customer service
- Methodical and systematic approach when curating reports
- Our goal is to help our clients achieve their business goals
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8240?AS
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Email : sales@factmr.com