Share
Self-Adhesive Labels Market By Product Type (release linear, adhesive and facestock); By Technology (Flexography, digital printing, screen printing, gravure, lithograph, offset and letterpress); By Application (consumer goods, food and beverages, pharmaceuticals, and others); By Nature (permanent, removable and repositionable) and Region -Analysis of Market Size, Share and Trends for 2014 - 2019 and Forecasts to 2030
The Self-Adhesive Labels Market size was estimated at USD 43.9 billion in 2021 and is expected to reach USD 74.2 billion by 2031 at a compound annual growth rate of 6.00%
Self-adhesive labels are a specialized type of label that is applied to packaging which displays the necessary details about the product. They are also called pressure-sensitive labels as they adhere to the surface when pressure is applied. These labels are normally used to fix packaging and also for decorating them. These names are multifaceted frameworks that contain data imprinted on the surface. Several packaging applications use self-adhesive labels for brand awareness. Important contents such as barcode track and trace coding; product description and authentication coding are shown using self-adhesive labels. These are printed using a laser printer and inkjet printer photocopiers.
The Self-Adhesive Labels Market is expected to project a CAGR of 6.00% during the forecast period, 2021-2031
Due to the rising levels of sustainable packaging methods and materials. It is also increasing due to the rising disposable incomes of people in developing countries and changing preferences for efficient labeling.
Based on technology
it can be divided into Flexography, digital printing, screen printing, gravure, lithograph, offset, and letterpress. Flexography led the self-adhesive labels market in 2019, in terms of value and volume. It is one of the most versatile, fastest, economical, and most efficient printing technologies available.
Based on type,
it can be classified into release liner, adhesive, and face stock. The release liner segment is expected to register a significant revenue share in the self-adhesive labels market due to an increase in the adoption of these labels in consumer durables and the food and beverage industry.
Based on the application,
the market is further segmented into consumer goods, food and beverages, pharmaceuticals, and others. Consumer goods dominated the application segment. The food and beverage sector is expected to grow at the highest CAGR in the forecasted period. Self-adhesive labels have wide applications in the food industry due to the growing awareness among people about the contents of the product. The pharmaceutical industry is another major application of the market. These offer numerous functionalities such as track and trace measure, anti-counterfeit measure, and numbering of the product.
By nature segments,
it can be divided into permanent, removable, and repositionable segments. The permanent segment is expected to account for a significant revenue share in the self-adhesive labels market because of its long-term durability and wide usage in electrical and electronic appliances.
The market will rise with a growing population and increased demand
One of the major drivers of the growth of the self-adhesive labels market is the growing urban population which is, in turn, increasing the demand for the product. High growth in the transportation and logistics sector also affects the market. Self-adhesive labeling offers various advantages like the ability to make any size and shape, clear, and transparent finish, durability, etc which increases the demand for the same. The increasing scope of self-adhesive labels in the food and beverage sector, healthcare sector, and personal care industries is also expected to drive the self-adhesive labels market.
High raw material costs and unawareness to restrict the market growth
The advantages of the wet-glue labels market over self-adhesive labels is one restraint in the growth of the market of self-adhesive. Another factor is that industries now print on their package which is hampering the demand of the market. The high price of raw materials and lack of awareness about the self-adhesive labeling type may also affect the growth of the market. Lack of awareness about various types of labeling techniques factors is also decreasing the demand for labels.
The APAC region is expected to grow at the highest CAGR till 2030 due to the rapid growth in the retail industry; they have a demand for packaging which uses self-adhesive labels. Furthermore, an increase in spending capacity along with the changing lifestyle of the people also creates an opportunity for the market. APAC country China accounts for the largest share of the regional market due to the high consumer goods demand. The usage has increased due to cost-effectiveness, easy availability of raw materials, etc.
Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Self-Adhesive Labels Market size was estimated at USD 43.9 billion in 2021 and is expected to reach USD 74.2 billion by 2031
CCL Industries Inc., Avery Dennison Corporation, Multi-Color Corporation, Huhtamaki OYJ, Fuji Seal International, Coveris Holdings S.A, Müroll GmbH, Constantia Flexibles Group Gmbh, Royston Labels Ltd., Capri Coating Solutions
On the basis of technology and On the basis of type, are anticipated to hold the Self-Adhesive Labels Market
On the basis of technology and On the basis of type, are anticipated to hold the Self-Adhesive Labels Market
Drivers The market will rise with a growing population and increased demand
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