The demand for printed tapes is expected to witness significant growth on account of the growing demand in food & beverage and for branding and promoting new products and for increasing consumer awareness.
· In addition, the growing use of printed tapes in road marking & hazard safety application is expected to have a positive impact on the market.
· The growing use of various taping materials including polypropylene and polyvinyl chloride (PVC) coupled with availability of different types of adhesives to suit specific application needs is expected to have a positive impact on the industry over the next eight years.
· In addition, increasing used of different types of printing inks is expected to aid the market growth.
· The use these tapes for packaging application aids in classifying the products during transit.
Growing utilization of the tapes for branding and marketing purposes is expected to bolster growth over the forecast period.