Label Protection Tapes Market – Global Industry Future Trends, Revenue Growth, Profitability and Leading Players

Press Release

Label Protection Tapes Market Outlook

Increasing cross border trade, population migration and expansion of global e-Commerce services into rural and semi urban areas has led to the demand for increased protection for packages and attached labels. Packages have to pass through harsh weather and are also roughly handled through the delivery process. In such a scenario, there are high chances of labels getting torn, and wet due to moisture or abrasion. To protect labels from such damages during delivery process, label protection films are used. Label protection films are made of plastic, fiber based paper or synthetic paper materials.  These tapes are moisture, chemical and grease resistant, waterproof and tamperproof.

Label protection tapes manufacturers are increasingly focusing on design and development of new label protection tapes for end use industries such as food & beverages, automotive & electronics, chemicals and pharmaceuticals. Label protection tapes market in Asia Pacific excluding Japan (APEJ) region is highly contributed by small, medium and unorganized manufacturers. According to World Trade Organization (WTO), global trade growth in 2018 is estimated to stand at approximately 3.2%. The main attributing factors are rise in inter regional trade in Asia Pacific and increasing imports in the U.S. China’s industrial growth is expected to push the Asia Pacific export levels. The global label protection tapes market has direct correlation with the dynamics of global labels market. In the year 2017, the global labels market is estimated to be valued at nearly US$ 40.8 Bn.

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Global Label Protection Tapes market: Segmentation

The global Label Protection Tapes market has been segmented as follows –

On the basis of film type, the global label protection tapes market has been segmented as –

  • Transparent
  • Opaque

On the basis of backing material, the global Label Protection Tapes market has been segmented as –

  • Acetate
  • BOPP Film
  • Polyester
  • Polyethylene
  • UPVC Film
  • Others

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On the basis of adhesive type, the global Label Protection Tapes market has been segmented as –

  • Acrylic
  • Synthetic Rubber
  • Paper Liner
  • Solvent Based Natural Rubber
  • Others

On the basis of end-use industry, the global Label Protection Tapes market has been segmented as –

  • Food & Beverages
  • Automotive & Electronics
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Building & Construction
  • Telecommunication
  • Others

This post was originally published on Crypto Journal

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