Press release
Self Adhesive Labels Market To Reach USD 43.3 Billion by 2025 | AVERY DENNISON, CCL INDUSTRIES, CONSTANTINA FLEXIBLES GROUP, UPM-KYMMENE OYJ, 3M, HENKEL AG, MONDI GROUP, COVERIS HOLDINGS, H.B. FULLER, LECTA GROUP
Self Adhesive Labels Market
The Global Self Adhesive Labels Market is projected to grow from an estimated USD 31.4 billion in 2018 to reach a value of USD 43.3 billion by the end of 2025 at a CAGR of 4.6%.
Polypropylene film is expected to witness great opportunities in the self adhesive labels market with a sustainable growth rate per annum, accounting for 35% of total film demand. This is attributed to the low cost of polypropylene coupled with high moisture barrier qualities. Polypropylene face stocks are available in different variations, are flexible, and provide fine transparency. This face stock requires a primer to be applied for the adhesive at the back of the label and a primer for the ink on the top of the printed message. This is widely used during the labeling of products such as snacks, baked goods, confection, and cigarettes due to its high-quality clarity and impact strength.
Browse details of 281 pages research report developed on Global Self Adhesive Labels Market @ https://www.researchcosmos.com/reports/self-adhesive-labels-market-by-composition-facestock-release-liner-and-adhesives-type-release-liner-label-and-liner-less-label-application-food-beverage-consumer-durable/21642009
Release Liner Labels accounted for maximum share
The self adhesive labels market is classified into release liners and liner-less labels. Release liner labels are estimated to account for the larger share throughout the forecast period. Demand for release liner label is expected to expand from 4.6% annually, to reach USD 36.5 billion by the end of 2025. It is expected to witness the highest growth rate in the self-adhesive labels, as these types of labels are easily manufactured into any shapes and sizes.
From an environmental perspective, liner-less labels are preferred as the amount of waste generated is reduced, so is paper consumption for its manufacture, and cost of production. Release liner labels play an essential role in the pharmaceutical industry due to an increase in demand for the products, which comprise a complex supply chain that is prone to counterfeit activities.
Pharmaceutical Labeling Plays Crucial Role in Product Numbering
Labels supplied in the pharmaceutical industry needs to comply with frequent government regulations and guidelines with pharmaceutical labeling. Release liner labels offer several functionalities in pharmaceutical products such as tracking and tracing measure, anti-counterfeit measure, and numbering of the product. The increase in the use of release liner labels in the pharmaceutical industry is expected to boost its revenue growth in the Self Adhesive Labels Market.
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North America contributed the largest Self Adhesive Labels Market share of 33%, in terms of volume, in 2017, which is expected to grow at a CAGR of 3.5% from 2018 to 2025, followed by Europe and Asia-Pacific. The U.S., Western parts of Europe and other more developed countries are expected to project a mature market for the self-adhesive labels. The European region accounted for 25% of the self-adhesive labels market, in terms of volume, in 2017. The European market for self-adhesive labels is driven by countries such as Germany, France, Italy, Spain, and the U.K. Headquarters of prominent self-adhesive labels manufacturing companies such as Henkel, Torraspapel Adestor, UPM-Kymmene, and Constantia Flexibles are located in Europe.
Leading companies in the Self Adhesive Labels Market profiled in the report are:
• AVERY DENNISON
• CCL INDUSTRIES
• CONSTANTINA FLEXIBLES GROUP
• UPM-KYMMENE OYJ
• 3M
• HENKEL AG
• MONDI GROUP
• COVERIS HOLDINGS
• H.B. FULLER
• LECTA GROUP
Inquire more about the report @ https://www.researchcosmos.com/inquire/self-adhesive-labels-market-by-composition-facestock-relea/21642009
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