Packaging Tape Printing Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Packaging Tape Printing Market place for the forecast 2022– 2028.
The Packaging Tape Printing Market is valued at USD 32.79 Billion in 2021 and is expected to reach USD 53.76 Billion by 2028 with a CAGR of 7.32% over the forecast period.
Printing on the packaging tapes enables ease of stock handling and identification, highlights the company’s name and logo, safeguards the merchandise during transit, and enhances the visibility of product. It also makes the good visually appealing, thus leading to instant identification of the packages.
Printing on the packaging tapes highlights the logo and name of the company, facilitates the ease of identification and stock handling. It powers the visibility of good and assists to defend the stock at the time of transit. It also makes the good visually pleasing, thus leading to instant identification of the goods.
The packaging tape printing market is divided by material, product type, printing ink, mechanism, geography, and end-use industry. By product type, the global packaging tape printing market is divided into acrylic carton sealing type, hot melt carton sealing type, and natural rubber carton sealing type. By material, the global packaging tape printing market is divided into polyvinyl chloride, polypropylene, and others (polyamide, polyethylene, and others). By mechanism, the global packaging tape printing market is divided into digital printing, lithography, flexography, gravure, screen printing, and others (offset, letterpress). By printing ink, the global packaging tape printing market is divided into UV-curable ink, water-based ink, and solvent-based ink. By end-use industry, the global packaging tape printing market is divided into transportation and logistics, consumer durables, food and beverages, and others (healthcare, construction, toiletries, cosmetics, and others). By geography, the global packaging tape printing market is divided into Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Middle East and Africa, and Japan.
The major players included in the global packaging tape printing market forecast are,
The global packaging tape printing market has undergone important transformation to a more software-centric business model from being a heavy-machinery-using industry. These days, printer convertors are well fitted with the newest computer-controlled flow lines and printing machines for binding, whereas latest digital techs are employed in the pre-press. A rise in requirement for digital printing is a chance for the packaging tape printing market as there is increase in requirement for sustainable, economical, and innovative printing techs. The arrival of global brands, growth of the packaging industry, and rising consumerism has witnessed an elevation in the scope for the packaging tape printing market.
Digital printing in the packaging tape printing market is the quickest developing printing mechanism with its capability of providing a cost-effective and high-quality solution for production high designed printed tapes together with the recycling alternatives. Printer convertors are incorporating digital printers in their printing press to use its advantages of improved reliability, productivity, and cost-effectiveness as compared to higher runs.
The Asia Pacific market is predicted to see the utmost development in the global packaging tape printing market in the years to come. In the Asia Pacific area, India and China are predicted to see the max market development. The Middle East and Africa market is predicted to see the second max development in the global packaging tape printing market, with Turkey being the main development contributor in the region for the market.
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2021: | USD 32.79 Billion |
Base year considered | 2020 |
Forecast Period CAGR %: |
7.32% |
Market Size Expected in 2028: | USD 53.76 Billion |
Tables, Charts & Figures: | 175 |
Pages | 200 |
PERS Companies |
Hewlett-Packard Development Company, Quad/Graphics Inc., Xerox Corporation L.P., E.I. du Pont de Nemours and Company, RR Donnelley & Sons, SIAT S.p.A, FLEXcon Company, Inc., Canon U.S.A., Inc, Cenveo, Inc., WS Packaging Group. |
Segments Covered | By Product Type, By Mechanism, By Material, By Printing Ink, By End-user Industry |
Regional Analysis | North America, U.S., Canada, , Europe, Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe, Asia-Pacific, South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC, Latin America, Mexico, Colombia, Brazil, Argentina, Peru, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA |
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