Packaging Tapes Market Trends, Size, Analysis and Overview

Packaging Tapes Market Analysis, Share and Size, Emerging Trends,
Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Global Packaging Tapes Market 2016-2020
Technavio recognizes the following companies as the key players in the global packaging tapes market:
3M, Avery Dennison, Henkel, Nitto Denko, and Tesa.
Other Prominent Vendors in the market are: Advance Tapes International, Adhesives Research, Bostik,
Dow Corning, Evans Adhesive, Franklin International, H.B. Fuller, Intertape Polymer, Lintec, Lohmann,
LORD, MACtac, Hexion, Nova Films and Foils, Powerband, Royal Adhesives & Sealants, RPM
International, Scapa, and Shurtape Technologies.
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Commenting on the report, an analyst from Technavio’ s 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.
Further, the report states that the production techniques involved in the manufacture of plastic tapes
right from the procurement of raw materials to the production of end-products have a bearing on the
carbon footprint. This poses a major challenge for vendors in the market because of growing concerns
regarding resource depletion, increase in harmful emissions, and stricter regulations for climate change
mitigation, such as the signing of the Paris Agreement by 195 member states of the UN Framework
Convention on Climate Change in December, 2015.This agreement is a universal agreement that aims to
limit the rise in global temperature to below 35.6°F in this century, and further makes efforts to limit the
rise to 34.7°F. Such measures have a positive impact on technologies such as CCGTs that have the
potential to reduce pollutants and emissions from power plants as well as improve efficiency in power
production.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Packaging Tapes
Packaging tapes are a type of adhesive tapes. The global packaging tapes market accounted for a share
of 65.97% of the global adhesive tapes market in 2015. There are different kinds of packaging tapes
available in the market.
Technavio’ s analysts forecast the global packaging tapes market to grow at a CAGR of 5.34% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global packaging tapes market
for 2016-2020. To calculate the market size, the report considers the volume of packaging tapes
manufactured for different industries such as automotive packaging, retail ready packaging, food and
beverage packaging, e-commerce packaging, and others.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Packaging Tapes Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
info@marketreportscenter.com

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