The report forecasts the global packaging tapes market to grow at a CAGR of 5.34% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Growing demand for printed packaging tapes will be a key trend for market growth. With growing demand from the packaging industry, the printed packaging tapes market is growing. Printed packaging tapes are in high demand because of the need to differentiate products for easy identification and marketing purposes. The printed packaging tapes market was valued at approximately $23 billion in 2015 and is expected to grow at a CAGR of around 6% during the forecast period.
According to the report, use of multiple packaging tapes in diverse industries will be a key driver for market growth. One of the main factors that affects the market positively is the growing demand for packaging tapes in a variety of applications. An increase in the availability of innovative designs and materials used in the packaging tapes market has increased the use or application of packaging tapes in various industries. Industries such as automotive, retail packaging, food and beverage, and e-commerce are putting packaging tapes to multiple uses. The demand for high-quality tapes such as filament tapes is increasing in the automotive industry.
- What will the market size be in 2020 and what will the growth rate be?
- 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?
- Avery Dennison
- Nitto Denko
- Advance Tapes International
- Adhesives Research
- Dow Corning
- Evans Adhesive
- Franklin International
- H.B. Fuller
- Intertape Polymer
- Nova Films and Foils
- Royal Adhesives & Sealants
- RPM International
- Shurtape Technologies
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 type of packaging tapes
PART 07: Market segmentation by types of raw materials
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/g23q4h/global_packaging
Research and Markets
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SOURCE Research and Markets