Market Forecast By Product Type (Hot Melt, Acrylic), By Material (Polypropylene, PVC), By Printing Ink (Water-based, UV-curable) And Competitive Landscape
Product Code: ETC4601613 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Printed Tape Market |
Forecast period | 2025-2031 |
CAGR | 7.6% |
Growing Sector | Packaging |
The Bangladesh Printed Tape Market report thoroughly covers the market by product type, by material and by printing ink. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Printed Tape Market has accomplished major success and is forecast to attain more growth in the coming years attributed to the expanding e-commerce sector, increased awareness about brand identity, and the rising demand for efficient, tamper-proof packaging solutions.
According to 6Wresearch, the Bangladesh Printed Tape Market size is expected to grow at a significant CAGR of 7.6% during 2025-2031. There are many components that are enlarging the growth of Bangladesh Printed Tape Market such as acceleration of e-commerce activities that require strong, branded packaging solutions for shipping and handling. In addition to this, the push towards sustainability is reminding businesses to adopt eco-friendly printed tapes, which are increasingly becoming a consumer expectation. Apart from this, the expanding textile and garment sector in Bangladesh, which requires durable and secure packaging for international exports. The growing awareness among businesses about the importance of brand visibility and the role of packaging in marketing strategies further fuels the demand for customized printed tapes. Nonetheless, Bangladesh Printed Tape Industry is facing few restraints such as the fluctuating cost of raw materials, such as polymers and pastes, which can lead to unpredictable pricing and profitability issues for manufacturers. Apart from this, the infrastructural limitations and logistical challenges common in Bangladesh can hamper the efficient distribution and delivery of printed tapes, particularly in rural or less accessible areas. In addition to this, the intense competition from low-cost, unbranded tapes that appeal to cost-sensitive segments of the market, thereby damaging the demand for higher-quality, branded alternatives.
Although there are several market players available in the Bangladesh Printed Tape Market, however few of them are having the most of market share. These companies are Meghna Group, ACI Limited, Bengal Plastics Ltd, Walton Group, PHP Family, etc. These companies are growing the market through advance printing and packaging technologies.
The Bangladesh Printed Tape Market is growing swiftly and government’s regulation and policies are helping in the extension of the market. These initiatives include tax incentives for businesses investing in eco-friendly production technologies, which align with the global shift towards sustainability. Apart from this, the government has invested in infrastructure improvements, such as enhancing transportation networks, to facilitate smoother logistics for exporters. Training programs sponsored by the government are also in place to improve the skill set of the workforce involved in the printed tape manufacturing process, thereby increasing productivity and innovation in the sector. In addition to this, the promotion of trade fairs and exhibitions, both domestically and internationally, enabling local manufacturers to showcase their products to a wider audience and form beneficial partnerships.
The Bangladesh Printed Tape Market will get bigger in future quickly attributed to the Innovation and technological advancements will play a pivotal role. Companies are anticipated to invest heavily in research and development to introduce more sustainable, durable, and versatile printed tapes, meeting both regulatory requirements and consumer demands for eco-friendly solutions. Apart from this, the focus on sustainability will also inspire the development of biodegradable and recyclable printed tapes, aligning with global environmental trends and local regulations. This shift could open new market segments and attract consumers looking for green packaging alternatives, thereby providing a competitive edge to businesses that adopt these innovations early.
According to Ravi Bhandari, Head of Research, 6Wresearch, acrylic printed tapes are expected to grow more in future attributed to their adaptability to environmental conditions and sustainable qualities. As the global market increasingly favours eco-friendly and durable packaging solutions, acrylic tapes' resistance to aging, weather, and temperature variations.
Polypropylene printed tapes are expected to grow more in future attributed to the material's cost-effectiveness and adaptability to various environmental conditions, which are critical considerations for widespread market adoption.
UV-curable inks are expected to grow more in future attributed to increased production speed and enhanced print quality present a compelling value proposition.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Printed Tape Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Printed Tape Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Printed Tape Market - Industry Life Cycle |
3.4 Bangladesh Printed Tape Market - Porter's Five Forces |
3.5 Bangladesh Printed Tape Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bangladesh Printed Tape Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Bangladesh Printed Tape Market Revenues & Volume Share, By Printing Ink, 2021 & 2031F |
4 Bangladesh Printed Tape Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Printed Tape Market Trends |
6 Bangladesh Printed Tape Market, By Types |
6.1 Bangladesh Printed Tape Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Printed Tape Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Bangladesh Printed Tape Market Revenues & Volume, By Hot Melt, 2021 - 2031F |
6.1.4 Bangladesh Printed Tape Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2 Bangladesh Printed Tape Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Printed Tape Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.2.3 Bangladesh Printed Tape Market Revenues & Volume, By PVC, 2021 - 2031F |
6.3 Bangladesh Printed Tape Market, By Printing Ink |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Printed Tape Market Revenues & Volume, By Water-based, 2021 - 2031F |
6.3.3 Bangladesh Printed Tape Market Revenues & Volume, By UV-curable, 2021 - 2031F |
7 Bangladesh Printed Tape Market Import-Export Trade Statistics |
7.1 Bangladesh Printed Tape Market Export to Major Countries |
7.2 Bangladesh Printed Tape Market Imports from Major Countries |
8 Bangladesh Printed Tape Market Key Performance Indicators |
9 Bangladesh Printed Tape Market - Opportunity Assessment |
9.1 Bangladesh Printed Tape Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bangladesh Printed Tape Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Bangladesh Printed Tape Market Opportunity Assessment, By Printing Ink, 2021 & 2031F |
10 Bangladesh Printed Tape Market - Competitive Landscape |
10.1 Bangladesh Printed Tape Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Printed Tape Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |