Press release
Linerless Labels Market 2018 Leading Industries 3M company, Coveris Holdings S.A., Avery Dennison Corporation, CCL Industries Inc, CCL Industries Inc
Linerless Labels Global Market – OverviewThe Global Linerless Labels Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Linerless Labels will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2027, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2027).
Linerless labels are pressure sensitive labels that do not have liner or backing paper. These labels have special release coating applied to the face of the label which allows the label to be wound on a roll without the adhesive sticking to the label below it. Increasing demand form the pharmaceuticals sector and growing transportation and logistics sector are the key driving factor for the growth of this market. Additionally, benefits such as zero backing paper waste, more labels on reel, increased surface print area are some factors increase its popularity in manufacturers & consumers. However, increasing Composition cost may hamper the growth of this market.
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Food & Beverage industry has adopted Linerless Labels extensively across the world due to the some additional functionalities such as retention of integrity of a product and prevent food spoilage, enhance product attributes such as look, taste, and aroma, along with increased shelf life. There is seen an increased demand for Linerless Labels from the growing food & beverage industry, which has driven the market for global Linerless Labels.
The expansion of the existing commercial and military aircraft fleets along with the launch of new airlines would result in increased demand in the Linerless Labels market in the forthcoming years. Hence, it is expected that the rapid fleet expansion would eventually drive the Linerless Labels market.
There is seen an expanding role of government and other agencies to ensure food safety on a global platform. Government agencies are responsible for setting food safety standards, conducting inspections, ensuring that standards are met, and maintaining a strong enforcement program to deal with those who do not comply with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to better protect public health by strengthening the food safety system. This also includes packaging and product information. Food labelling is under the jurisdiction of the FDA and the relevant Federal laws are the Food, Drug, and Cosmetic Act (FDCA) and the Fair Packaging and Labelling Act. In addition, the Nutrition Labelling and Education Act (NLEA), which amended the FDCA, requires most foods to carry nutrition labelling and requires food labels that carry nutrient content claims and certain health messages to comply with specific requirements.
The government policies have become stringent in the emerging economies due to increased awareness about food safety. This acts as a driver for the growth of Linerless Labels market.
The high cost of active and intelligent packaging has always been a factor restraining growth. Packaging to control moisture, spoilage and heat in food and pharmaceutical packaging requires additional innovation and investment in R&D. This adds on to the cost of regular packaging to the companies and acts a barrier to the growth of Linerless Labels. For several reasons this technology is not yet readily available for mainstream use. However, many of these reasons are founded on misconceptions about the safety and cost of food spoilage indicators. It is required that the retailers and consumers are properly educated on the benefits of indicators, so that they may reach the market.
Key Players
Hub Labels, Cenveo Corporation, Coveris Holdings S.A., R.R Donnelley & Sons Company, Reflex Labels Ltd., 3M Company, CCL Industries Inc., Ravenwood Packaging, Constantia Flexible Group GMBH, and Gipako and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Linerless Labels Market.
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Industry/ Innovation/ Related News:
July, 2015 - Coveris, a leading global packaging company, demonstrated their advanced capabilities in print innovation with the launch of COMPAC Linerless, a new multi-layer addition to their already award winning label range. Coveris’ new COMPAC Linerless solution combines functional and commercial benefits whilst supporting new Food Information Regulations via extensive surface area printing capabilities. In doing so, Coveris has achieved significant volume, environmental and process advantages in an innovative multi-layer format. Having been instrumental in the development and expansion of linerless labels in the UK since 2004, Coveris has led the format’s growth within the meat, fish and poultry sector and established this as the dominant print format for the category. Coveris has recently been responsible for the penetration of new food categories, such as convenience, with the launch of the fully removable Slidewrap™ label, as well as bespoke solutions to suit vacuum packed formats..
January, 2016 - CCL Industries Inc., a world leader in specialty label and packaging solutions for global corporations, small businesses and consumers, announced that it has concluded two acquisitions for CCL Label plus increased its stake in one of its joint ventures. CCL acquired Woelco AG, a supplier of durable labeling systems for Industrial & Automotive customers based near Stuttgart with subsidiary operations in both the United States and China. The $27 million net cash purchase consideration includes a state-of-the-art manufacturing facility held in a related German property company. 2015 sales were $31 million, with adjusted EBITDA of approximately $4.5 million. Dieter Woelfle, the principal shareholder of Woelco, will be appointed Managing Director of the European Industrial & Automotive label business under the CCL Design identity, reporting to Peter Fleissner, Group Vice President. In addition, CCL acquired Label Art Ltd. and Label Art Digital Ltd., privately owned companies with common shareholders, based in Dublin, Ireland. Label Art is a leading pressure sensitive label producer in Ireland with a focus on Healthcare & Specialty customers in Ireland and the UK. 2015 sales were $17 million with adjusted EBITDA of approximately $3 million. The agreed purchase consideration in acquired debt and cash is $15 million, subject to customary closing adjustments. The new business will trade as CCL Label Ireland with immediate effect.
Linerless Labels Market – Segmentation
The Global Linerless Labels Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product Type: Comprises Facestock, Adhesives & others
Segmentation by End User: Comprises Food & Beverages, Pharmaceutical, Retail, Logistic and Others
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Linerless Labels Market: Regional Analysis
Asia-Pacific region dominates the Linerless Labels market. This is mainly due to increasing population with rising economies, rising awareness, growing retail & logistics sectors are the factors driving this market in APAC region. This region is expected to grow at a fastest pace during the forecasted period.
Brief Toc:
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
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About Market Research Future:
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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