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U.S. demand for pressure-sensitive tapes is projected to increase 5.3% yearly to $9.3 billion in 2019. Growth will reportedly reflect continued economic expansion and the further development of innovative applications for specialty tapes, which tend to be higher performing, value-added products.

The global healthcare industry is experiencing an increase in wearable technology development, which can help improve the health of patients and lower health care costs. Wearable patches, despite still being in the early stages, hold enormous potential for the future.

Comprehensive initiatives designed to preserve and improve the environment are included in virtually all manufacturers’ corporate communications. According to the Sheldon Group, 25% of major brand owners have implemented scorecards to rate suppliers and products on environmental impact, and 30-40% more are being developed.