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Global Printed Tapes Market Is Expected to Generate US$ 74.5 billion by 2033: Fact.MR Research

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Rockville, Jan. 19, 2023 (GLOBE NEWSWIRE) — Worldwide sales of printed tapes are forecasted to accelerate at a CAGR of 7.6% from 2023 to 2033, as per a new industry analysis conducted by Fact.MR, a market research and competitive intelligence provider. As such, the global printed tapes market is estimated to reach a valuation of US$ 74.5 billion by the end of 2033.

Printed tapes are helpful to spotlight logos, products, or companies. These are hot melt and are also used as an efficient alternative for printed cartons which are further predicted to contribute to market opportunities. Printed tapes come with the fast adhesive strength of artificial rubber even at low temperatures compared to other adhesives, such as acrylic adhesives. Furthermore, they are more resistant to UV radiation and aging. Sellers can feel protected towards their respective products owing to professional design assistance, quality checks, and alignments provide by these tapes at every step. These tapes are applied to avoid black marketing.

Furthermore, printed tapes are also used to reduce cartoon printing due to their economical price. Increasing interest of companies in printed tapes for packaging is projected to enhance the overall demand for these products over the coming years. The use of printed tapes also assists in printing messages to ensure the appropriate handling of goods in transit. This further increases the confidence of consumers and thus the market is gaining impetuses. Furthermore, the rising use of various technologies for some specific printing requirements along with the application of high-strength polymer tapes are predicted to contribute to generating new growth opportunities in the industry.

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The market in the Asia Pacific region is anticipated to grow at a noticeable rate during the forecast period due to the growing demand for printed adhesive tapes from different applications such as die packaging, branding, and others.

On the flip side, in recent years, there has been a noteworthy increase in environmental concerns with the use of plastic tapes, which is estimated to create hurdles for new entrants in the global market. Different operations that are used to manufacture plastic and paper or pulp tape products are releasing a lot of components into the environment that can pollute air and water. Even for the production of non-decomposable plastic tapes, numerous harsh compounds are generated, which can adversely impact market growth.

Key Takeaways from Market Study

  • The global printed tapes market is estimated to reach a valuation of US$ 74.5 billion by the end of 2033.
  • Sales of printed tapestry in Canada are predicted to increase at a CAGR of 6.2% through 2033.
  • The current value of the global printed tapes market is US$ 35.5 billion.
  • The expected CAGR for the market is 7.6% through 2033.
  • The U.S. market accounted for US$ 7.9 billion in the year 2022.

“Rising requirement for printed tapes in food & beverage applications for packaging, promotion, and branding activities are anticipated to drive market growth,” mentions a Fact.MR analyst.

Segmentation of Printed Tapes Industry Research

  • By Type :
    • Polypropylene
    • Polyvinyl Chloride
    • Other Raw Materials
  • By Application :
    • Food & Beverages
    • Consumer Durables
    • Transportation & Logistics
    • Others
  • By Printing Ink :
    • Water-based
    • Solvent-based
    • UV Curable
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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Winning Strategy

Research & development, acquisitions, and technology launches are some key strategies that are adopted by industry players in the global printed tapes industry.

For instance,

  • 3M in October 2019 acquired Acelity, Inc. along with its KCI subsidiaries around the world with a significant value. Acelity is a prominent global company that is leading in medical technology and concentrating on specialty surgical applications and advanced wound care marketed under the brand, KCI.

Key Companies Profiled

  • 3M
  • ADH Tape
  • Windmill Tapes
  • BSK Print
  • Supertape
  • Kilby Packaging
  • Packit Packaging Solutions
  • Shurtape Technologies LLC

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global printed tapes market for the period of 2023-2033.

The study divulges essential insights into the market on the basis of type (polypropylene, polyvinyl chloride, other raw materials), application (food & beverages, consumer durables, transportation & logistics, others), and printing ink (water-based, solvent-based, UV curable), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

Check out more related studies published by Fact.MR Research: 

Edge Band Tapes Market: Edge band tapes have gained momentum in the market over the last decade with the rising globalization and increasing growth in the transportation & logistics sector. Generally, edge band tapes are made up of many different material types for packaging various products in numerous end-use industries, such as food & beverages, pharmaceutical, consumer products, automotive, and electrical & electronics, etc. among many other industries.

Wing Walk Tapes Market: According to latest research study by Fact.MR, wing walk tapes market is anticipated to grow at a CAGR of over 6.2% during 2021-2031. The demand is led by increasing usage of the product in aviation and defense industry.

Athletic Tapes Market: The global athletic tapes market valued at US$ 543.8 Million in 2022 and in 2023 be valued at US$593.8 Million. During the 2022-2032 period of assessment, demand is expected to rise at a 9.2% value CAGR, likely to reach US$1431.7 Million by the end of the said forecast period.

Surface Protection Tapes Market: The global surface protection tapes market stands at a valuation of US$ 15.9 billion in 2023. Worldwide demand for surface protection films and tapes is forecasted to increase at a CAGR of 8.5% to reach a market value of US$ 36 billion by the end of 2033.

Dry Wall Tapes Market: In 1939, Georgia, USA drywall taping tools surfaced up when two brothers Stan and Robert were figuring out new ways for finishing drywall. It is craggy paper tape that is designed in such a way to help in preventing water damage, tearing among many other advantages.

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Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

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Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

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Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

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This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM

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Homestyler to Recruit First Batch of Global Partners in 20 Countries

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MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.

Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.

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