The global Printed Tape market is forecast to reach USD 44.56 Billion by 2027, according to a new report by Reports and Data. The growing demand from the food and beverage industry for the purpose of packaging, promoting, and branding activities are leading to an increased demand for the Printed Tape Market. The product offers protection of materials in transit, along with ease of classification, which is leading to an increased demand for it.
Top Companies Profiled in this Report are:
3M, Windmill Tapes, Bron Tapes, Kilby Packaging, Print-O-Tape, Fabo s.p.a., Supertape, Le Mark Group, Dalpo sp. z.o.o., and Shurtape Technologies, LLC, among others.
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The COVID-19 impact:
Due to the COVID-19 Pandemic, many countries have implemented lockdowns, due to which the majority of the industries have been shut down temporarily. The industries where printed tape finds applications, such as food and beverage and consumer durables, have not been operating or are experiencing a reduced demand in the current situation. Due to this, there is a reduced demand for printed tape, as well.
It is expected that when the situation becomes normal again, and the industries start operating again, the demand for printed tape will rise again. Also, some of the manufacturers which are not operating currently, are involved in innovations, so that they can capture a larger market size when the industries start operating again, which will lead to a higher demand for the new products and hence will lead to increased market size.
The Printed Tape research report draws focus on the strengths and weaknesses of the key players of the market through a comprehensive SWOT analysis and Porter’s Five Forces analysis to project the growth rate.
For the purpose of this report, Reports and Data have segmented into the global Printed Tape market on the basis of product, technology, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Acrylic Catron Sealing Tape
- Hot Melt Carton Sealing Tape
- Natural Rubber Carton Sealing Tape
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Screen Printing
- Digital Printing
Application Outlook (Revenue, USD Billion; 2017-2027)
- Food and Beverage
- Consumer Durables
- Transportation and Logistics
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Printed Tape market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Objectives of the Printed Tape Market Report:
- Analysis and forecast of the Global Printed Tape Market by segmentation of the market
- Analysis of various macro and micro-economic factors influencing the growth of the Printed Tape market
- Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
- Insights into drivers, restraints, opportunities, limitations, threats, and challenges
- Analysis of the key players operating in the industry
- Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans
In conclusion, the report offers an extensive panoramic view of the Printed Tape industry, backed by key statistical data and figures garnered from authentic sources and thorough primary and secondary research. The report offers a thorough examination of the size, shape, and volume of the market to offer an accurate forecast estimation of the Printed Tape industry till 2027. The report also strives to offer strategic recommendations to the new players entering the Printed Tape industry and guide them for overcoming entry-level barriers. It also offers recommendations to the established companies to fortify their presence in the Printed Tape market and capitalize on the emerging opportunities in the industry.
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About Reports and Data
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