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Label Adhesives Market Leading Key Players 3M (U.S.), BOSTIK S.A (France), H.B Fuller (U.S.), Avery Dennison (U.S.), The Dow Chemical Company (U.S.), PPG Industries, Inc. (U.S.)

08-07-2018 09:05 AM CET | Industry, Real Estate & Construction

Press release from: Market Research Future

Label Adhesives Market Research Report- Forecast to 2023

Label Adhesives Market Research Report- Forecast to 2023

Label Adhesives Market Overview to 2023

This is projected to drive the demand for the product in the Global Label Adhesive Market in coming years. Furthermore, since attractive packaging and labeling appealing to the consumers, manufacturers of almost all consumer goods are increasingly adopting the use of labels, which is expected to help push growth of the market during the review period. However, some bottlenecks are needed to be addressed such as, the formulation and implementation of new regulations, such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in Europe and various other directives to control solvent emissions are expected to impact the growth of the global label adhesive market. On the other hand, the use of printed, flexible, and rigid packaging eliminates the need for the label, which may affect the market growth negatively over the forecast period.

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Global Top 10 Key Players:

The prominent players in the Global Label Adhesive are Akzo Nobel N.V. (Netherlands), ITL Apparel Label Solution (U.K.), Henkel AG & Co. KGaA (Germany), 3M (U.S.), BOSTIK S.A (France), H.B Fuller (U.S.), Avery Dennison (U.S.), The Dow Chemical Company (U.S.), PPG Industries, Inc. (U.S.), Ashland Global Holdings Inc. (U.S.), and Lintec Corporation (Japan), among others.

Intended Audience

Label Adhesive Manufacturers
Traders and Distributors of Label Adhesive
Research and Development Institute
Potential Investors
Raw Material Suppliers
National Laboratory
The Global Label Adhesive Market is primarily driven by increasing demand for informative labels on bottles containing food and beverages. Apart from this, needs and sentiments of buyers and consumers are changing while choosing their products. Government agencies and regulatory authorities in almost all the developing and mature economies compelled the sale of all food items with basic nutritional information. The major end users of Adhesive Labels includes food & beverages industry, pharmaceuticals companies, personal care & cosmetics, and other retail products and they are steadily growing with the increasing and emerging middle class population. The Global Label Market, wherein label adhesive is a major component, will constantly move ahead at a CAGR of 5.4% to reach nearly USD 52 billion by the end of 2023.

Regional Analysis:

Europe is another substantial region in the Global Label Adhesive Market. Demand for the material from this region is majorly pulled by major end use industries such as food & beverages, and pharmaceuticals. North America is closely following Europe to be one of the significant region in the Global Label Adhesive Market on account of increasing use of packaged and canned food products. Other regions in the Global Label Adhesive Market are the Middle East & Africa and Latin America. Among them the market of Label Adhesive in Latin America is estimated to grow at a considerable CAGR owing to pacifying economic and political scenario. The Middle East & Africa accounts for the least share of the Global Label Adhesive Market which is expected to witness a significant changes in the coming years.

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Segmentation:

The Global Label Adhesive Market is segmented on the basis of type, technology, substrate type, and region. Based on the type, the market is segmented into permanent, removable, freezer, high temperature, and repositionable. On the basis of technology, the market is segmented into water based, hot metal based, and solvent based. Based on the substrate type, the market is divided into polyethylene terephthalate (PET), metal container, and polyolefin bottle. Geographically, the Global Label Adhesive Market is segmented into Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Among them, Asia Pacific is estimated to grow at the highest CAGR during the forecast period.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.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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