Self-Adhesive Label Market Is Projected To Escalate Upto USD 48.5 Billion In 2027 | CAGR Over 5.0% - Forencis Research

Self-adhesive Label Market Size, Share, Trends, Growth, Analysis, Research

Global Self-adhesive Label Market: Key Highlights

  • According to the new market research report Self-adhesive Label Market by Type (Removable, Permanent, Aggressive) by Adhesive (Water-Based Adhesive, Solvent Based Adhesive, Hot Melt Adhesive, Rubber Adhesive, and Acrylic Adhesive) by Application (Food and Beverage, Pharmaceutical, Chemical, Automotive, Logistics and Transport, and Others) by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast From 2020 To 2027, the global self-adhesive label market is projected to reach up to 48.5 Billion in 2027 at a CAGR of over 5.0% during forecast period 2020-2027
  • The growth of the self-adhesive label can be attributed to the growing demand from end-use industries to gain insight regarding the product details along with stringent mandates on product labeling
  • The advent of labeling directly over the product is projected to hamper the overall market growth in the years to follow

Self-adhesive Label Market

Global Self-adhesive Label Market: Key Market Dynamics

  • The rise in demand for a self-adhesive label from major end-use industries owing to a durable, cost-effective and versatile solution for labeling is driving the market growth
  • Stringent mandates imposed by regulatory authorities such as United States Food and Drug Administration (US FDA), European Medicine Agency and many others for product labeling to gain better insights regarding the product is further fueling the market growth
  • Labelling directly over the product is more economical way for labelling over the self-adhesive label is hampering the overall marke growth
  • The emergence of smart labels coupled with higher adoption of the liner-less labels is creating new growth avenues for the market growth
  • Fluctuating raw material prices for the self-adhesive labels are acting as a challenge for the growth of this market

Global Self-adhesive Label Market: Regional Overview

  • Asia-Pacific

In Asia-Pacific, the self-adhesive label market is anticipated to upsurge in the forecast period owing to soaring demand for packaged, frozen and processed food products. Rise in disposable income, changing food habits, expansion of the organized retail channels with increasing foreign direct investment in the retail sector is boosting the regional market growth. Ongoing urbanization, expanding end-use industries is further escalating the demand for self-adhesive label market across Asia Pacific.

  • North America

Growing packaging industry in the region is expected to drive the self-adhesive label market in North America. Increasing preference to convenient packaging for the edible products, drugs, chemical materials and consumer good products, is pushing the demand for self-adhesive packaging. In addition to this, strict mandates by the US FDA on the food and drug related safety information to promote the consumption & usage of safe products across the region is further pushing the regional market growth

Global Self-adhesive Label Market: Key Players Overview

  • UPM:

UPM is the Finland based company offering range of products & solutions across various domains such as food & beverage, logistics, personal care, and many more. The company operates through six business segments: Biorefining, energy, Raflatac, specialty papers, communication paper, and plywood. The company offers paper labels, film labels, adhesive liners and graphic sheets, used in home and personal care products, logistics and ecommerce, food and beverages and pharmaceuticals. In 2019, UPM Raflatac opened a new label stock slitting and distribution terminal in Russia. The company also signed an agreement with the Mark Andy, narrow- and mid-web printing company for high-quality sustainable printing solution in the North American pressure-sensitive label

  • CCL Industries:

With headquarters in Canada, CCL Industries operates through offering specialty packaging solutions across the world.  The product range of the CCL Industries is used widely across the home & personal care, healthcare & specialty, food & beverage, automotive, electronics & consumer durables industries. Avery, Checkpoint, and Innovia are the key business segment of the CCL industries. In November 2018, the company acquired Poland based Unilogo, a supplier of digitally printed, pressure-sensitive and sleeve labels at USD 10.7 million.

 

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Rep Id : CM 052

Published : 2020-01-29

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