Automotive Labels Market Size, Top Key Players with Development Strategies and Challenges by 2030 | 3M (U.S.), Avery Dennison Corporation (U.S)

Market Overview:

Automotive labels are used for identification and information purposes on vehicles and vehicle components. They provide information on part numbers, weights, serial numbers, warnings and instructions.

Market Dynamics:

The automotive labels market is expected to witness significant growth over the forecast period owing to increasing vehicle production around the world to meet rising consumer demand. Global automotive production increased from 76 million units in 2015 to over 95 million units in 2019. Another key factor boosting the automotive labels market is stringent regulations mandating use of product information labels on automotive components and parts to ensure safety, traceability and compliance. Furthermore, innovation toward developing durable, tamper proof and high performance labels is also fueling market growth.

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Major market players included in this report are:

★ 3M (U.S.)
★ Avery Dennison Corporation (U.S)
★ UPM-Kymmene Corporation (Finland)
★ H.B. Fuller (U.S.)
★ Sika AG (Switzerland)
★ CCL Industries Inc. (Canada)
★ Barry-Wehmiller Companies Inc. (U.S)
★ Dunmore (U.S.)
★ Lewis Labels Products Corp. (U.S)
★ Precision Contract Manufacturing (U.S).

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

On the basis of end use,
✦ Asset Labels
✦ Dome Labels
✦ Branding Labels
✦ Warning Labels
✦ Inventory Labels

On the basis of mechanism,
✦ In-mold
✦ Heat Transfer
✦ Glue-applied
✦ Pressure sensitive

On the basis of identification methods,
✦ Hologram
✦ Barcode
✦ RFID
✦ Others

On the basis of application,
✦ Chassis Labels
✦ Engine Component Labels
✦ Interior Labels
✦ Exterior Labels

Regional Analysis:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
•Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• The Middle East and Africa (GCC, Southern Africa, and North Africa)

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✤ Major Growth Drivers for the Automotive Labels Market

• Increasing Global Automobile Production Driving Demand for Automotive Labels

The automotive labels market is witnessing high growth owing to the increasing automobile production across the globe. Various labels used in vehicles such as VIN labels, part labels, engine labels and others need to be replaced during vehicle manufacturing. With growing automobile sales worldwide, especially in developing countries such as China and India, the demand for automotive labels is rising substantially. Various automakers are expanding their production capacities which will continue augmenting the market in coming years.

• Stricter Regulations Regarding Vehicle Information Labeling Boosting Market Growth

Automotive labels help in providing critical vehicle information and adhere to various regulatory norms. Stringent laws by regulatory bodies globally regarding provision of vehicle identification numbers, part numbers, safety warnings and other crucial details through high durability labeling are positively impacting the market. Automakers need to follow guidelines for product labeling which ensures standards are met. This is driving them to increase adoption of innovative and regulatory-compliant labeling solutions.

✤ Major Restraining Factor for the Automotive Labels Market

Volatility in Raw Material Prices Hindering Market Expansion

The automotive labels industry is highly dependent on various petroleum-based raw materials including polymers, additives and resins. Fluctuations in crude oil prices directly impacts the raw material costs which in turn affects the label manufacturers. Any rise in petrochemical feedstock costs lead to an increase in automotive labels price. This creates a negative sentiment among OEMs resulting in less demand. Moreover, uncertainties around trade policies and economic dynamics also cause supply side issues and price volatility of raw materials used for automotive labels production. This acts as a major challenge for market growth.

✤ Major Market Opportunity

Growing Electric Vehicle Segment Presenting Lucrative Opportunities

With rising environmental concerns, electric vehicles are increasingly gaining traction worldwide. Various government initiatives are promoting EVs which is expanding the market size. EVs demand innovative identification and technical labeling solutions. Labels for batteries, onboard chargers and other electrical components need durable designs to withstand harsh under-the-hood conditions. This opens up opportunities for automotive labels manufacturers to develop specialized labeling products catering to electric powertrains. It is expected to open new revenue streams and drive the demand for customized EV labels.

✤ Major Trend In the Market

Increasing Adoption of Digital Printing Technology

Digital printing technology is emerging as a prominent trend in the automotive labels industry. It provides benefits like low setup costs, variable data printing, on-demand short runs and reduction in wastage. Many vehicle label manufacturers are investing in digital presses for high-quality, multi-colored printing without the need for plates or screens. OEMs also prefer the high design flexibility, faster turnaround times and lower lifecycle costs offered by digital printing. With advancement in digital technologies, the use of digital printers for automotive labels is expected to grow significantly over the coming years.

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FAQ'S:

☛ What is the expected growth rate of the market for the forecast period of 2023-2030? What will the market size be in the anticipated time frame?
☛ What will the market size be in the anticipated time frame?
☛ What are the major factors influencing the Automotive Labels market over the forecast period?
☛ What are the market leaders' winning strategies for establishing a significant presence in the Automotive Labels industry?
☛ What are the major market trends influencing the growth of the Automotive Labels market across the globe?
☛ What are the major threats and challenges that are likely to stymie the growth of the Automotive Labels market? What are the most significant market opportunities?
☛ What are the most critical opportunities for market leaders to succeed and profit?

Table of Contents with Major Points:

1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2023-2030 (USD Billion)
1.2.1. Automotive Labels Market, by Region, 2023-2030 (USD Billion)
1.2.2. Automotive Labels Market, by Type, 2023-2030 (USD Billion)
1.2.3. Automotive Labels Market, by Application, 2023-2030 (USD Billion)
1.2.4. Automotive Labels Market, by Verticles, 2023-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Automotive Labels Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Automotive Labels Market Dynamics
3.1. Automotive Labels Market Impact Analysis (2023-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Automotive Labels Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2023-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Automotive Labels Market, by Type
5.1. Market Snapshot
5.2. Global Automotive Labels Market by Type, Performance - Potential Analysis
5.3. Global Automotive Labels Market Estimates & Forecasts by Type 2023-2030 (USD Billion)
5.4. Automotive Labels Market, Sub-Segment Analysis

6. Global Automotive Labels Market, by Application
6.1. Market Snapshot
6.2. Global Automotive Labels Market by Application, Performance - Potential Analysis
6.3. Global Automotive Labels Market Estimates & Forecasts by Application 2023-2030 (USD Billion)
6.4. Automotive Labels Market, Sub-Segment Analysis
6.4.1. Others

7. Global Automotive Labels Market, by Verticles
7.1. Market Snapshot
7.2. Global Automotive Labels Market by Verticles, Performance - Potential Analysis
7.3. Global Automotive Labels Market Estimates & Forecasts by Verticles 2023-2030 (USD Billion)
7.4. Automotive Labels Market, Sub-Segment Analysis

8. Global Automotive Labels Market, Regional Analysis
8.1. Automotive Labels Market, Regional Market Snapshot
8.2. North America Automotive Labels Market
8.3. Europe Automotive Labels Market Snapshot
8.4. Asia-Pacific Automotive Labels Market Snapshot
8.5. Latin America Automotive Labels Market Snapshot
8.6. Rest of The World Automotive Labels Market

9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keyplayer1
9.2.1.1. Key InDurationation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments

10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes

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