Published Date: 2022-05-24
Request a sample
European Pressure Sensitive Tapes and Labels Market size is poised to reach USD 29 billion by 2027, according to a latest forecast report by Graphical Research. Wide adoption & usage in the food & beverages segment along with the increasing popularity of pressure sensitive tapes over regular tapes in the region is projected to fuel industry expansion.
The market growth is due to their cost-effectiveness and uniform thickness and gap-filling properties, which act as added advantages. Moreover, one of the major factors boosting the market growth is their widespread applications in the personal care, consumer durables, pharmaceuticals, and other industries across the region. Additionally, pressure-sensitive tapes & labels eliminate the need for surface refinishing for cosmetic superiority.
The double-sided adhesion type segment will showcase around 7.8% growth rate, with the market size to surpass USD 3.9 billion by 2027. In a double-sided tape, the adhesive is applied on both sides of the backing material. Foams, films, textiles, paper, and other flat web-based materials can be used to make this adhesive. Electrical, carton sealing, masking, and medical tapes are some of the industrial applications of double-sided tapes.
The paper-based materials segment will register 6.8% CAGR from 2021 to 2027, driven by their ability to provide quick adhesion on all types of surfaces. Moreover, they are a more economical choice for tape manufacturers in the region.
The label-based products segment will generate a revenue of over USD 6.7 billion by 2027, attributed to increasing product utilization in numerous applications, such as envelopes, packing lists, general purpose permanent labels, tire labels, food labels, clear labels, fabric labels, removable labels, specialty labels, and durable labels.
Browse detailed statistical insights from the report, “Europe Pressure Sensitive Tapes & Labels Market Forecast 2027 By Backing Material (Polypropylene, Polyvinyl Chloride, Paper, Cloth), By Adhesion Type (Single-sided, Double-sided, Adhesive Transfer), By Product (Tapes, Labels [Linered {Barcode}, Linerless {Barcode}]), By End-user (Food & Beverages, Healthcare, Logistics, Automotive & Transportation, General Manufacturing), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The food & beverages segment accounted for USD 4.8 billion revenue in 2020 and will grow at a CAGR of 7.3% between 2021 and 2027, credited to the rising demand for packed consumer food items & products in the region. Moreover, tapes and self-adhesive labels are popular in the food & beverages industry owing to their easy-to-use practicality and instant bonding time.
France pressure sensitive tapes and labels industry will exceed USD 4.8 billion at a CAGR of approximately 7.3% by 2027. The developing packaging industry along with rising food & beverages consumption, surging automobiles, and growing industrial manufacturing activities in the region are anticipated to fuel the market demand.
The pressure sensitive tapes and labels in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Europe Market, By Adhesion Type
Europe Market, By Backing Material
Europe Market, By Product
Europe Market, By End-user
The above information has been provided for the following countries:
The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read More