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Veneer Labels Market: Key Players and Production Information analysis

06-15-2018 09:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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Veneer Labels Market: Key Players and Production Information

Market Introduction:
Veneer labels are pressure sensitive labels and are manufactured using hardwood and are backed with films. These labels can be hot stamped and embossed. Veneer labels are generally used for luxury and high end products such as, wines, high-end beverages, spirits, gourmet foods, cosmetics, perfume and others to enhance consumer appeal. Two of the widely used wood types used for production of veneer labels are cherry and birch stocks, as they provide good texture and are smooth enough for printing.

Veneer labels are ideal for short haul and can be printed using UV digital ink jet and flexographic printers. The wood material can be tinted with translucent ink in order to match the color of the wood. The rising level of competition in the global market has compelled brand owners to come up with innovative solutions as part of their consumer engagement strategies. Constant change in consumer preferences has created an absolute need for customization. Therefore, products such as veneer labels are critical to brand owners, for marketing their products.

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Veneer labels bear limited embossing. If embossing is done too deep, it may crack the wood material. Veneer labels can go under cold or hot stamp, but they will have limitations due to the texture of the surface. It is recommended to store veneer labels in standard temperature conditions and keep the press rolls wrapped until they are ready to use. Generally, veneer labels have shelf life of approximately one year for storage in different environment. Veneer labels are ideal labels and can accept variety of pressure sensitive adhesives.

Backing material are used in the production of veneer labels in order to give support to the product. Veneer labels are made up of wood which can be affected easily from water or moisture and is prone to cut. Generally, PET is used as backing material, but polyethylene and polyester can also be used as a backing material.

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Key factor influencing market growth:
Veneer labels are mainly used in alcoholic packaging. Changing consumer preference towards beer and wines, especially by millennials, translates into high demand for veneer labels, as the youngsters find it attractive. They want variety. Millennials walk through beer and wine alley expect lots of varieties and are always on a way to try something new rather than stick to the same brand. An attractive label in the retail outlet plays important role in sale of product.

Consumers are more likely to buy products that catches their attention on a shelf. This might outweigh advertisements, coupons, promotions and product recommendations. It is very important to understand that ‘what is on the package is just as important as what is in the package. Veneer labels is one such product which provides attractive and eye-catching look to the product which attracts the customers.

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The demand for such attractive packaging increases the chances of impulse buying. Keeping in mind the consumer preferences and effective product presentation, market players are focusing on attractive marketing solutions such as veneer labels.

Key Developments:
In July 2014, Avery Dennison launched veneer labels as part of its wine portfolio. The brand owners are looking for shorter run labels. According to them, there is a trend towards shorter run, fuses digital direct printing and pressure sensitive capabilities.
In August 2013, Multi Packaging Solutions had launched a type of pressure sensitive made with wood veneer. These labels can accept almost all kind of pressure sensitive adhesives. MPS made veneer labels with cherry wood and are digitally printed at its facility in Lansing, Michigan. MPS manufactured veneer labels for a company named Jim Beam. Jim Beam actually want pressure sensitive labels made up of wood veneer. Veneer labels are introduced to the market through Jim Beam’s limited edition American Stillhouse Clermont Kentucky Bourbon Whiskey.

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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