"By 2029, Global Self Adhesive Labels Market Is Projected To Reach Approximately US$ 45 Bn, Witnessing A Moderate CAGR Of 5.5% Over The Forecast Period (2019-2027)."
Self adhesive labels are widely used in various end use industries as these provide information about the product. Important content such as product description, barcode, authentication coding, and track and trace coding are conveyed using self adhesive labels.
These labels also make the product look appealing to the customer and this is one of the reasons boosting the growth of self adhesive labels market. The need of the product to look aesthetically good is one of the factors which are boosting the growth of the market.
Self Adhesive labels have been used for a wide range of packaging applications. High penetration in consumer goods and electronics industries are significantly boosting the global self adhesive labels market. The tremendous growth in the e-commerce industry has been one of the key factors supporting the market growth. Key manufacturers are investing in self adhesive labels to make these labels affordable and more appealing. All these factors together are boosting the growth of the global self adhesive labels market.
However, the prices of raw material required for the self adhesive labels are comparatively higher than the wet glue labels. This factor is probably to hinder the growth of the market.
By Liner type, Release liner accounted for a major share of the global self adhesive labels market in 2018.
Release liner accounted for a significant market value share of XX% in global self adhesive labels market in 2018
Release liners tend to account for higher demand than the linerless type. The leading players are continuously investing and focusing on the release liners segment owing to various benefits offered by these liners. Release liners are made up of silicone coated plastic or paper. These liners add a decorative look to the products and thus increase brand recognition and attention from the customer. These benefits offered by the release liner segment are expected to support the significant share of release liners in the global self adhesive labels market.
By Nature, Permanent Self Adhesive Labels Accounts For Significant Share
The permanent self adhesive labels accounted for a significant share of the global market in 2018. It is expected to remain dominant with more than 75% of the global self adhesive labels market. Superior adhesion and affordability are the primary factors for the growth of permanent self adhesive labels. These labels play critical part in various industries such as pharmaceutical industry as pharmaceutical products has complex supply chain. In addition to this, there are some regulations related to the usage of adhesive labels in the pharmaceutical industry. These factors boost the demand of permanent self adhesive labels in the pharmaceutical industry.
By Region, Asia Pacific Region Is Projected To Hold the Significant Market Share of Global Self Adhesive Labels Market during the Forecast Period
In 2018, Asia Pacific accounted for a significant share of xx% and is expected to remain dominant during the forecast period. Increasing the purchasing power of consumers in the Asia Pacific along with increasing awareness of customers is boosting the growth of self adhesive labels market. Customers are more aware these days, seeking detailed information regarding the product.
All these factors are projected to spur the demand for self adhesive labels. In addition to this, growth in the e-commerce industry in countries such as India and China is expected to boost the demand for self adhesive labels.
The global self adhesive labels market is very competitive with the presence of large number of global and regional players. Key manufacturers for self adhesive labels are CCL Industries (Canada), Avery Dennison (US), Multi-Color Corporation (US), Constantia Flexibles Group (Austria), LINTEC (Japan), UPM-Kymmene (Finland), Fuji Seal International (Japan), Coveris holdings S.A. (US), Huhtamaki (Finland), Torraspapel Adestor (Spain), among others. Leading players are continuously focusing on to provide superior labels in order to stay competitive in the global market.
- Release Liner
- Permanent Self Adhesive Labels
- Removable Self Adhesive Labels
- Repositionable Self Adhesive Labels
- Food & Beverages
- Consumer Durables
- Home & Personal Care Products
- Retail Labels
By Printing Technology:
- Digital Printing
- Flexography ‘
- Screen Printing
- North America
- Asia Pacific
- Latin America
- Middle East & Africa