As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Custom Printed Tape market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Custom Printed Tape in the coming 10 years. The custom-printed tape market is likely to grow at a CAGR of 3% through 2032. The market has a current valuation of US$ 40 Bn and an anticipated valuation of US$ 55Bn by 2032.
The report conducts an in-depth analysis of factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.
Get a Sample PDF of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5764
The advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Custom Printed Tape
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end-use industries.
In accordance to this, numerous packaging companies are shifting their focus of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Custom Printed Tape market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Custom Printed Tape Market Takeaways and Projections
- The U.S. is expected to lead the North America Custom Printed Tape market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing a significant revenue share in the region through 2032.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5764
Report Benefits & Key Questions Answered
- Custom Printed Tape Historical Market Analysis: The detailed survey by FMI, examines key factors in the Custom Printed Tape market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provides refined sales projection of the Custom Printed Tape market for the forecast period 2022-2032.
- Custom Printed Tape Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Custom Printed Tape for the assessment period. As per the study, the demand for Custom Printed Tape will grow at a robust CAGR between 2022 and 2032.
- Custom Printed Tape Market Trend Analysis: The latest study by FMI on the Custom Printed Tape market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of the Custom Printed Tape market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Request For Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-5764
Custom Printed Tape – Market Segmentation
The custom-printed tape market is segmented on the basis of thickness, material, and end-use industry.
On the basis of thickness, the custom-printed tape market is segmented into –
- Up to 40 microns
- 40 to 70 microns
- 70 to 100 microns
- Above 100 microns
On the basis of material, the custom printed tape market is segmented into –
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Bi-axially Oriented Polyethylene Terephthalate (BOPET)
- Others
On the basis of the end-use industry, the custom printed tape market is segmented into –
- Food & beverages
- Agriculture
- Electronics
- Textile
- Construction
- Others
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
