Micro-printed tear tapes Market Size, Share, Growth, Trends, and Forecast, 2019 – 2027

Global Micro-Printed Tear Tapes Market: Overview

Micro-printing is a security printing feature that reduce the chance to fake official documents or brand logo as well as to print fake checks. Micro printing on tear tapes serves as an anti-fraud tools that is generally used to print exceedingly fine details on a document with high clarity. Also, small alphabets/letters printed on tear tapes are often printed so small that are difficult to read by naked eye, resulting as a hidden security feature for a document or a brand product. Key market players in the security packaging industry are looking forward to invest more in microprint technology. The increasing consumption of micro-printed tear tapes for day-to-day clerical operations in the banking, financial and defense services sector is expected to create high demand for the target market. Moreover, increased demand for anti-counterfeit products over the past decade is also to drive the micro-printed tear tapes market.

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Global Micro-printed Tear Tapes Market: Dynamics

Micro-printed tear tapes market is driven by the outperformance in the anti-counterfeiting products used in the packaging industry. The demand for micro-printed tear tapes is projected to display substantial growth as a result of its rising adoption in BFSI services, logistics & transportation as well as to minimize anti-counterfeit products in the manufacturing industry. In addition, the growing use of micro-printed tear tapes for authentication of classified documents in the government sector application is expected to impart positive impact on the market. This factor is expected to increase the growth rate of micro-printed tear tapes market in the near future.

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Global Micro-printed Tear Tapes Market: Segmentation

Micro-printed tear tapes market is classified on the basis of material, print technology, printing ink, and end-use industry served.

On the basis of material type, the global micro-printed tear tapes market is segmented as follows

  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polyamide (PA)
  • Aluminum and copper foils
  • Others

On the basis of printing technology type, the global micro-printed tear tapes market is segmented as follows

  • Lithography (Offset Printing)
  • Flexography
  • Digital Printing
  • Screen Printing
  • Others

On the basis of printing ink, the global micro-printed tear tapes market is segmented as follows

  • Solvent-based
  • Water-based
  • UV curable

On the basis of end-use industry, the global Micro-printed tear tapes market is segmented as follows

  • Government & Defense
  • Banking, Financial Services & Insurance (BFSI) Industry
  • Manufacturing
    • Food & beverage
    • Consumer durable
    • Electrical & Electronics
    • Automotive
    • Aerospace
  • Logistics & Transportation
  • Building & Construction
  • Other Industrial