DUBLIN, January 12, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/dlhtxf/packaging_tape) has announced the addition of the "Packaging Tape Printing Market - Forecast to 2020" report to their offering.
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This industry projects the global packaging tape printing market size to grow from USD 21.42 Billion in 2015 to USD 28.78 Billion by 2020, at a CAGR of 6.08% from 2015 to 2020.
This high growth can be attributed to the fact that a significant number of brand owners are harnessing the printing technology over the packaging tapes. Growth in the packaging printing industry, demand for aesthetic appeal, product differentiation, and technological advancements are some of the drivers behind the growth of the packaging tape printing market.
An increase in demand for digital printing is an opportunity for the packaging tape printing market as there is rise in demand for economical, sustainable, and innovative printing technologies. The advent of global brands, rising consumerism, and growth of the packaging industry have witnessed an increase in the scope for the packaging tape printing market.
Digital printing in the packaging tape printing market is the fastest growing printing mechanism with its ability to provide a high-quality and cost-effective solution for manufacturing high designed printed tapes along with the recycling options. Printer convertors are adding digital printers in their printing press to leverage its benefits of improved productivity, reliability, and cost-effectiveness over higher runs.
Food & beverages, consumer durables, and transportation & logistics are some of the end-user industries contributing to the high growth of the packaging tape printing market. The food & beverages industry is projected to witness the largest market size owing to the increased demand for innovative packaging and printing technologies, in order to enhance the visibility of packaged products. The market is also projected to witness growth in the consumer durables, transportation & logistics, and other end-user industries during the forecast period.
Companies Mentioned:
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Packaging Tape Printing Market, By Product Type
8 Packaging Tape Printing Market, By Material
9 Packaging Tape Printing Market, By Printing Ink
10 Packaging Tape Printing Market, By Mechanism
11 Packaging Tape Printing Market, By End-User Industry
12 Packaging Tape Printing Market, By Region
For more information visit http://www.researchandmarkets.com/research/dlhtxf/packaging_tape
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