The Printed Tapes Market size is forecast to be worth USD 12.6 billion by 2030, listing a CAGR of 5.8% during the predicted period (2022 – 2030).
Printed tape packaging represents the company’s brand name and logo to conveniently distinguish the products that the target audience purchases. These printed tapes are used to elevate the product to increase the revenue of the company. This can be achieved through promotional activities similar to personal sales, retailing, fairs, sales promotion, etc. Printed tape packaging is a good option for stock handling and instant recognition of the desired product. These videotapes insure easy product differentiation and have high marketing potential. In case, inkjet printing technology has a large impact on the production of packaging printing. This has untied new markets for service providers at a competitive cost across a wide variety of applications.
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Regional Analysis
Based on Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America The growth in this region can be imputed to the presence of major end-users similar to the automotive and construction industries in this region. In addition, the arising demand for these tapes from the electronics industry is also fuelling the growth of this market.
Latin America The growth in this region can be attributed to the increasing demand for these tapes from the automotive and construction industries. In extension, the raising electronics industry in this region is also fuelling the growth of this market.
Europe The growth in this region can be attributed to the presence of major end-users similar to the automotive and construction industries in this region. In extension, the rising demand for these tapes from the electronics industry is similarly fuelling the growth of this market.
Asia Pacific The growth in this region can be imputed to the added demand for these tapes from the automotive and construction industries. In extension, the growing electronics industry in this area is also fuelling the growth of this market.
Middle East & Africa The growth in this region can be attributed to the presence of major end-users similar to the automotive and construction industries in this area. In addition, the arising demand for these tapes from the electronics industry is also fuelling the growth of this market.
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Market Segmentation
The printed tape market is segmented based on product type, material type, technology, printing ink and application. The growth amongst the different segments helps you in achieving the knowledge related to the different growth factors anticipated to be prevalent throughout the market and formulate other strategies to help identify core application regions and the difference in your target markets.
On the base of product type, the printed tape market is segmented into acrylic carton sealing tape, hot melt carton sealing tape, and natural rubber carton sealing tape.
Based on material type, the printed tape market is segmented into polyvinyl chloride, polypropylene, polyamide, polyethylene, and others.
Based on technology, the printed tape market is segmented into flexography, lithography, digital printing, screen printing, gravure, and others.
Based on printing ink, the printed tape market is segmented into water-based, solvent-based, and UV curable.
The application segment for the printed tape market is segmented into food and beverage, consumer durables, transportation and logistics, and others
Key Players
Some of the significant key players are of the printed tape market are
The 3M Company, Windmill Tapes, Bron Tapes Inc., Le Mark Group Ltd, Easitape, Shurtape Technologies, LLC, The BoxMaker, Packit Packaging Solutions, Uline, FLEXcon Company Inc., Cenveo Corporation, Xerox Corporation, DuPont, Canon Inc., WS Packaging Group Inc., DIC CORPORATION, HP Development Company, Flint Group, SICPA HOLDING SA, Preferred Tape Inc., NADCO Tapes & Labels Inc., Intertape Polymer Group, ProtoPak Engineering Corporation.
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