Press release
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024
Pressure Sensitive Tapes & Labels Market
Official sources claim that switch to clear, pressure sensitive labels would soar the brand recognition to new heights in no time. Besides, this novel move would bolster MCC’s aim to help the clients distinguish their brands in highly competitive pressure sensitive tapes and labels market while guiding them to new growth targets in the upcoming years.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/383
Global Market Insights, Inc., forecasts that pressure sensitive tapes and labels market would register a lucrative growth of USD 150 billion by the end of 2024, in terms of revenue, given its abundant use in various industries, especially the packaging sector.
What makes packaging industry a niche market for pressure sensitive tapes and labels?
Given that technology has been establishing a strong foothold in the packaging sector, it is worthy to note that the development of pressure sensitive tapes and labels market is massively influenced by the transforming trends across the flexible packaging industry. According to statistics by the Flexible Packaging Association, the flexible packaging industry in 2018 recorded nearly USD 31.8 billion sales in the United States, paving way for slew of opportunities for the market players.
This stellar growth comes from the growing population treading towards sedentary lifestyle such as the consumption of packaged food, long working hours, etc. In turn, this has led to an increase in the demand for pressure sensitive tapes and labels, considering the fact that pressure sensitive adhesives stand as a one stop solution to umpteen requirements across the packaging industry.
Asia Pacific: a prominent hub for pressure sensitive tapes and labels industry
Amidst the ongoing intense share battle, Asia Pacific has emerged as an investment hotbed for the pressure sensitive tapes and labels industry majorly on the grounds of penetrating flexible packaging market in the region. This can be credited to the expanding urban population level combined with the developments in consumer lifestyle and retail infrastructure to address the surging demand for packaged food across various economies in the region including China, India, Thailand, and Indonesia. In fact, industry experts claim that India has evolved as one of the rapidly emerging packaging markets in the regional belt.
Request for customization @ https://www.gminsights.com/roc/383
As per estimates by IBEF, the flexible packaging in India accounted for nearly USD 28 billion in 2014. Not to mention, this staggering growth augments the demand for sealing materials and adhesives which has undeniably bolstered pressure sensitive tapes and labels market in the region.
Mounting concerns associated with plastic film based PSA tapes to obstruct market growth
Despite the positive growth outlook of this industry, one of the chief restraints deterring the pressure sensitive tapes and labels market growth from packaging application is the alarming concern pertaining to the use of plastic-film based pressure sensitive tapes. Potential concerns related to emission level, life cycle analysis, performance, recyclability, and compatibility of these labels and tapes are prompting industry players to put forth competitive alternatives to these.
However, various industry professionals have stated that using PSA for the closure of corrugated containers does not intervene in the recycling process, ensuring high environment stability and sustainability. Moreover, high demand for corrugated box packaging aligned with strict regulatory reforms have added to the growth prospects of pressure sensitive tapes and labels market size.
Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024 here
News-ID: 2137020 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Pressure
Pressure measurement via PLC: AMS 2710 pressure sensor module for direct connect …
For pressure measurement in devices with integrated SPS/PLC or other modular control, traditional encapsulated transmitters are often too expensive and too large. OEM sensors for soldering are inexpensive, but in addition to their own circuit board, they require various electronic components for adjusting the input and output voltage levels and protection against polarity reversal and short-circuiting. Small, inexpensive pressure sensor modules such as the AMS 2710 with 12..36 V…
Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that…
Automotive Engine and Transmission Sensors Market Report 2018: Segmentation by P …
Global Automotive Engine and Transmission Sensors market research report provides company profile for NXP Semiconductors, Texas Instruments, Melexis, GE, TE Connectivity, Robert Bosch, Continental, Denso, Delphi, Sensata, Analog Devices, Infineon Technologies and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Digital Pressure Controllers Market Report 2018: Segmentation by Product (Primar …
Global Digital Pressure Controllers market research report provides company profile for MKS Instruments, Const, Dwyer Instruments, Beijing Spake Technology Co., Ltd., Adarsh Industries, Fluke, Mensor (Wika), GE, Additel Corporation and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Differential Pressure Transducer Features Oil-Free, High Line Pressure Design
American Sensor Technologies, Inc. (AST) has released the AST5300 wet/wet differential pressure transducer for use in Explosion-Proof and Non-Incendive areas. Featuring all 316L and Inconel X750 material, the AST5300 is suitable for various liquids and gases requiring high line pressure (1,500 PSI) and low differential pressure (10 PSID) measurements.
One of the biggest benefits to the AST5300 differential pressure transducer is that the sensor is completely free of fluid…
New Product: Winters LLP Pressure Transmitter for Low Pressure
July 25, 2011
Toronto, Ontario - Winters Instruments is pleased to announce the LLP Series Pressure Transmitter, designed specifically for use on applications that produce low pressures up to 25 psi. Featuring a 304 SS housing and 316L SS flexible diaphragm for pressure sensing, the LLP Transmitter is ideal for general industry use, as well as, OEM customers who require a high quality, high accuracy pressure transmitter.
Measuring 4” in height, this…
