Published by mark itwired
Posted on September 13, 2021
Increasing applications of medium and heavy-duty cartons in international and domestic operations require superior sealing materials at an industrial scale. Ideal applications in warehousing and manufacturing businesses are major factors supporting the growth of the global BOPP packaging tapes market. The global BOPP packaging tapes market will cross a market valuation of US$ 16 Bn by 2029. High growth potential in emerging economies boosts production rates. The trend of customizing BOPP packaging tapes is another key market influencer.
“BOPP tapes enable low noise during packaging on the cartons, and is used widely for machine applications to provide accurate and uniform sealing. Its resistance to extreme weather and higher tensile strength, drives adoption,” says the FMI analyst
Request report sample with 250+ pages to gain in-depth market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-2727
The covid-19 pandemic has had a major impact on the global packaging industry. With production and supply chain disruptions, manufacturers are seeking options out of China. As workers in manufacturing facilities are being forced to self-isolate, supplies of BOPP packaging tapes are likely to fall short owing to factory closures.
It is increasingly becoming important to avoid having all suppliers in one region, even as the condition becomes more volatile with the continuing threat of climate change. In addition, the use of sustainable materials such as reusable plastics will also be hit as the outbreak spreads, influencing the global BOPP packaging tapes market.
Market players in the BOPP packaging tapes market are prioritizing market penetration into the emerging markets of South Asia and East Asia. A key growth strategy adopted by manufacturers is development of new product offerings, in addition to leveraging growth in the manufacturing sector. Major market players that influence competition in the BOPP packaging tapes market are, but not limited to,
This study offers readers a comprehensive market forecast of the BOPP packaging tapes market. Global, regional and country-level analysis of the latest industry trends impacting the BOPP packaging tapes market is covered in this Future Market Insight (FMI) study. The report offers compelling insights on BOPP packaging tapes market on the basis of thickness (35-50 micron, 51-65 micron, and above 65 micron), adhesive (hot melt rubber and hot melt acrylic), width (11mm -30 mm, 31mm – 70 mm, and above 70 mm), and end use (manufacturing & warehousing, e-commerce, and others), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).
Which factor is at the forefront of generating demand for BOPP tapes?
The capacity to withstand all the extreme weather conditions due to its physical properties are adding benefits to the rise in the demand for BOPP Tapes.
How is the growing preference for online sales channels propelling consumption of BOPP tapes?
Increasing demand for online packaged food has given substantial support to the rise in the need for BOPP tapes. In addition, an increase in the demand for take away food trend has eventually given a push to rise in the need for customized BOPP tapes for packaging.
Which regional market will display full growth potential for manufacturers of BOPP tapes?
North America is poised to be the leading BOPP tapes market over the next decade. However, East Asian and South Asian markets are set to emerge as highly attractive regions, projected to grow at healthy CAGR values between 2019 and 2029.
What are the major challenges hindering the growth of BOPP tapes market?
Existence of various alternatives of packaging tapes along with the lack of stringent environmental regulations for using eco-friendly and biodegradable products lead to the utilization of easily available plastic packaging tapes hindering the growth of the market.
Which strategies would support the leading players for competitive edge?
With rapid expansion of E-commerce, the manufacturers have started selling their products directly by starting their websites in order to increase the profit. Moreover, major manufacturing companies are setting up their production facilities in APAC due to the availability of low and efficient labor costs.
The post BOPP Packaging Tapes Market Promising Growth Opportunities over 2017 to 2025 first appeared on Market Research Blog.
Increasing applications of medium and heavy-duty cartons in international and domestic operations require superior sealing materials at an industrial scale. Ideal applications in warehousing and manufacturing businesses are major factors supporting the growth of the global BOPP packaging tapes market. The global BOPP packaging tapes market will cross a market valuation of US$ 16 Bn by 2029. High growth potential in emerging economies boosts production rates. The trend of customizing BOPP packaging tapes is another key market influencer.
“BOPP tapes enable low noise during packaging on the cartons, and is used widely for machine applications to provide accurate and uniform sealing. Its resistance to extreme weather and higher tensile strength, drives adoption,” says the FMI analyst
Request report sample with 250+ pages to gain in-depth market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-2727
The covid-19 pandemic has had a major impact on the global packaging industry. With production and supply chain disruptions, manufacturers are seeking options out of China. As workers in manufacturing facilities are being forced to self-isolate, supplies of BOPP packaging tapes are likely to fall short owing to factory closures.
It is increasingly becoming important to avoid having all suppliers in one region, even as the condition becomes more volatile with the continuing threat of climate change. In addition, the use of sustainable materials such as reusable plastics will also be hit as the outbreak spreads, influencing the global BOPP packaging tapes market.
Market players in the BOPP packaging tapes market are prioritizing market penetration into the emerging markets of South Asia and East Asia. A key growth strategy adopted by manufacturers is development of new product offerings, in addition to leveraging growth in the manufacturing sector. Major market players that influence competition in the BOPP packaging tapes market are, but not limited to,
This study offers readers a comprehensive market forecast of the BOPP packaging tapes market. Global, regional and country-level analysis of the latest industry trends impacting the BOPP packaging tapes market is covered in this Future Market Insight (FMI) study. The report offers compelling insights on BOPP packaging tapes market on the basis of thickness (35-50 micron, 51-65 micron, and above 65 micron), adhesive (hot melt rubber and hot melt acrylic), width (11mm -30 mm, 31mm – 70 mm, and above 70 mm), and end use (manufacturing & warehousing, e-commerce, and others), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).
Which factor is at the forefront of generating demand for BOPP tapes?
The capacity to withstand all the extreme weather conditions due to its physical properties are adding benefits to the rise in the demand for BOPP Tapes.
How is the growing preference for online sales channels propelling consumption of BOPP tapes?
Increasing demand for online packaged food has given substantial support to the rise in the need for BOPP tapes. In addition, an increase in the demand for take away food trend has eventually given a push to rise in the need for customized BOPP tapes for packaging.
Which regional market will display full growth potential for manufacturers of BOPP tapes?
North America is poised to be the leading BOPP tapes market over the next decade. However, East Asian and South Asian markets are set to emerge as highly attractive regions, projected to grow at healthy CAGR values between 2019 and 2029.
What are the major challenges hindering the growth of BOPP tapes market?
Existence of various alternatives of packaging tapes along with the lack of stringent environmental regulations for using eco-friendly and biodegradable products lead to the utilization of easily available plastic packaging tapes hindering the growth of the market.
Which strategies would support the leading players for competitive edge?
With rapid expansion of E-commerce, the manufacturers have started selling their products directly by starting their websites in order to increase the profit. Moreover, major manufacturing companies are setting up their production facilities in APAC due to the availability of low and efficient labor costs.
The post BOPP Packaging Tapes Market Promising Growth Opportunities over 2017 to 2025 first appeared on Market Research Blog.
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