The global packaging tape printing market is forecast to grow at a CAGR of 6.02% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Advances in technology will be a key trend for market growth. Packaging tape printing in labeling is an important part of the communication process, and therefore, labeling vendors are striving to innovate advanced labeling techniques to entice customers. Increased adoption of the database-driven marketing practice is helping vendors provide customized solutions to their customers.
Many new technologies, such as toner-based packaging tape printing, have been developed by vendors to reduce the price-per-page and produce high-quality graphics and texts. One such technology is the light-emitting diode (LED) printer, a toner-based printer. This printer technology uses a LED array as a source of light in the print head instead of the lasers that are used in the digital labeling process.
According to the report, one of the key drivers for market growth will be growth in packaging and labeling industry. The significance of packaging is increasing worldwide. Apart from providing information about the price and name of the product, packaging plays a big role in attracting customers in terms of design, color, and ingredients.
Also, the convenience of carrying, using, and disposing of the package is essential. In this highly cluttered markets, creating shelf appeal and visibility is the most important strategy for manufacturers. Therefore, manufacturers are focusing on good packaging and labeling to create brand awareness and attract consumers; thereby, bringing growth to the packaging tape printing market with respect to labels and printed packages.
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- AB Graphic International
- RR Donnelley & Sons
- Anglia Labels
- Cenveo Labels and Packaging
- Dainippon Screen
- EC Labels
- Edwards Label
- Flexo Image Graphics
- Frontier Label
- Graphix Labels
- Harkwell Labels
- Heidelberg Druckmaschinen
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/vjfsml/global_packaging
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets