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United States Tag Paper Market Size By Product (Coated Tag Paper, PET Tag Paper, PVC Tag Paper), By Application (Clothing and Footwear, Supermarkets and Shopping Mall, Electronic), And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

United States Tag Paper Market Size By Product (Coated Tag Paper, PET Tag Paper, PVC Tag Paper), By Application (Clothing and Footwear, Supermarkets and Shopping Mall, Electronic), And Forecast

United States Tag Paper Market Size And Forecast

United States Tag Paper Market size was valued at USD 384.88 Million in 2020 and is projected to reach USD 582.10 Million by 2028, growing at a CAGR of 5.49% from 2021 to 2028.

The growth of the market can be attributed to the shifting preferences of brand owners and their increased focus on consumer convenience. This is expected to drive the demand for tag papers. The United States report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

United States Tag Paper Market Definition

Tag paper is a heavy utility grade of paper that is most commonly used to print hangtags for consumer products like apparel and accessories. Tag paper must be strong and long-lasting while also performing well on press. The challenge with defining the market is the difference in the paper used to make a tag, label, or sticker. Die-cut plastics, papers, metals, and other materials that can be adhered to containers or surfaces are referred to as labels. Labels are informative and can be made specifically for a particular surface. Stickers are a type of commodity marking that is primarily used for entertainment. They’re mainly composed of paper, aren’t particularly durable, and are produced in vast quantities because they’re cheap to make. Tags are non-adhesive labels. Other methods of attachment, such as tying or hanging, are used. Sometimes an adhesive simply won’t work in a given situation. This is why the retailers use tags which are made from speciality paper that provides the properties like durability, good printability (especially for branding), and recently biodegradability. They are easy, convenient and time-saving options for tagging

United States Tag Paper Market Overview

The growth of the market can be attributed to the shifting preferences of brand owners and their increased focus on consumer convenience. This is expected to drive the demand for tag papers. Increase in the consumption of clothes & apparels and the growing presence of retail chains in developed as well as emerging economies is further fuelling the demand for tag papers. The demand for tag papers is also being driven by the relatively low cost with which tags can be replaced or changed, coupled with a continuing need for branding solutions. It is quite pertinent to note here that multiple factors are at play, charting the upward facing growth of the global tag paper market. These include notable technology advancement, bringing higher level of sophistication, flexibility in usage, and so on.

Common materials for garment hang tags are as paper, metal, leather, textile, PVC, wood and so on. Paper materials like coated paper, kraft paper, single-faced and double-faced paperboard, insulating paper, corrugated paper, cardboard, recycled paper, etc. are frequently-used materials. Textile material like canvas, silk, chemical fiber and cotton fabrics, etc. are commonly used for garment hang tags on leisure clothing and hang tag strings. Hang tags can also be made of plastic, rubber, wood, and a variety of combined materials, depending on the application. Metal tags made of copper, iron, alloy, stainless steel, and other metals are also used on garments. The same can be said about leather tags. This type of clothing hangs tag is used to indicate the fabric of the garment.

United States Tag Paper MarketSegmentation Analysis

The United States Tag Paper Market is segmented on the basis of Product, And Application.

United States Tag Paper Market, By Product

• Coated Tag Paper• PET Tag paper• PVC Tag paper• Thermal Tag Paper• Clothing Tag Paper• Others

To Get Summarized Market Report By Product-

Based on Product, the market is bifurcated into Coated Tag Paper, PET Tag Paper, PVC Tag Paper, Thermal Tag Paper, Clothing Tag Paper, and Others. Coated Tag Paper accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 6.12% during the forecast period. The coated tag paper has an effective finishing layer that is serving the purpose to improve the certain characteristics of paper that comprise surface smoothness, brightness, color, opacity, whiteness, gloss, and ink. In addition, it exhibits high stability in the temperature for hot as well as cold storage applications.

United States Tag Paper Market, By Application

• Clothing and Footwear• Supermarkets and Shopping Mall• Electronic• Automotive• Chemical• Others

To Get Summarized Market Report By Application-

On the basis of Application, the United States Tag Paper Market has been segmented into Clothing and Footwear, Supermarkets and Shopping Mall, Electronic, Automotive, Chemical, Others. Clothing and Footwear accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 6.18% during the forecast period. There has been a growing importance of the tag papers in the apparel and footwear industries concerning the change in the consumer purchasing behavior, diversified competition among the retailers, and increase in the need for a step function improvement to inventory accuracy. The implementation of the tags on footwear and clothing serves many benefits. The clothing tag provides information on the material used, size and color, quantity, eyelet with string, and others.

Key Players

The “United States Tag Paper Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as International Paper, Westrock Company, Domtar Corporation, Verso Corporation, Graphic Packaging International, LLC, Mondi Plc, Sappi, Resolute Forest Products, Oji Holdings Corporation, Ds Smith. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2017-2028

BASE YEAR

2020

FORECAST PERIOD

2021-2028

HISTORICAL PERIOD

2017-2019

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

International Paper, Westrock Company, Domtar Corporation, Verso Corporation, Graphic Packaging International, LLC, Mondi Plc, Sappi, Resolute Forest Products, Oji Holdings Corporation, And DS Smith.

SEGMENTS COVERED

Product, And Application.

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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