Self-Adhesive Labels Market Overview
The global self-adhesive labels market is growing continually, mainly due to the augmented demand for adhesive labels across industries. Regulatory requirements of informative labels on pharmaceutical products and electronic medical devices escalate the market on the global platform, driving a huge demand.
Acknowledging the accelerating graph of market growth, Market Research Future (MRFR) in its recently published analysis asserts that the global self-adhesive labels market would grow moderately by 2023, registering a CAGR of 4.9% throughout the forecast period (2017 and 2023).
The market is witnessing an augmenting demand owing to growing awareness among the consumers related to product content. It is expected to see increasing traction in the years to come. Moreover, rapid industrialization and urbanization foster the growth of the market.
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Additional factors that are bolstering the market include ever-increasing population, worldwide, that is dictating the demand for quality healthcare and the improving economic conditions that are increasing the consumers’ purchasing power.
Players leading the global Self-adhesive Labels market include
- Americk Packaging Group
- Avery Dennison Corporation
- Constantia Flexibles Group Gmbh
- CCL Industries Inc.
- B. Fuller Company
- SVS Labels
- Müroll GmbH
- Royston Labels Ltd.
- Coveris Holdings S.A.
- UPM-Kymmene Oyj
- Mondi Group
- Henkel AG & Co.
- S&K Label Spol.SRO, among others.
Industry/ Innovation/ Related News
May 17, 2019 —- Label.co.uk, a division of CCL Label Ltd., an online label manufacturer, launched a new design service for self-adhesive labels on rolls. The new service allows small businesses and those with a short print run to order digitally printed labels online, making it an easy, cost-effective option.
However, noted label.co.uk, up until now these businesses needed to use a graphic artist to design a suitable label, ready for the printing process. Using the new design service, customers have the opportunity to have roll labels professionally designed. The design service offers an additional premium option for customers that perfectly complement the label printing.
Global Self-adhesive Labels Market – Segments
For a better understanding, the market has been segmented into four key dynamics: –
By Compositions : Release Liner, Adhesive Layer, and Face Stock.
By Type : Removable and Permanent.
By Application : Consumer Goods, Food & Beverages, and Pharmaceuticals, among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
Self-adhesive Labels Market – Regional Analysis
North America heads the global self-adhesive labels market. The US is the largest market in the region. Mandate to include braille labels on pharmaceutical products is expected to provide a huge impetus to the growth of the market. Moreover, increasing usages of self-adhesive labels led by the increasing production of electrical and electronic appliances, HVAC, etc. fosters the growth of the market.
The self-adhesive labels market in the Asia Pacific region is emerging as a profitable market, globally. Rapid growth in the retail and e-commerce industries increases the demand for self-adhesive labels. Growing industrial activities is also a reason for the growth of the regional market.
China, India, Indonesia, and Japan are significant contributors to the Asia Pacific market, where China accounts for the largest share in the regional market due to the high demand from the consumer goods industry. Furthermore, an increase in spending capacity along with changing lifestyle creates a massive opportunity for the regional market to make its mark in the global self-adhesive labels market.
Self-adhesive Labels Market – Competitive Analysis
Highly competitive, the self-adhesive labels market appears to be fragmented due to the presence of numerous large and small-scale players. Key strategic initiatives traced from the recent developments of key players include agreement & partnership, product launch, acquisition, and expansion. Companies invest substantially for innovations, new product development, and brand building and the required R&D activities to achieve these goals. To support their competitive position, these players foster strong relationships with their clients.
Always looking for a competitive advantage, manufacturers operating in the self-adhesive labels market apply the adhesion science and technologies to develop competing products. They strive to provide high-quality products based on innovative technology that can improve their clients business to achieve their ROI targets.
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