Security Labels Market | Key Countries Overview With Size, Share, Trends, Segments and Regional Analysis By 3M, Avery Dennison, CCL, UPM, Honeywell International, Tesa SE, Label Lock, Polylabel and Seiko Holdings

Global Security Labels Market: By Identification Method (RFID, Barcode, Holographic, Others), Product Form (Reels and Sheets), Application (Food & Beverages, Pharmaceuticals, Consumer Goods, Others) And Region – Forecast 2023

3M Company, Avery Dennison Corporation, Data Label Inc., UPM Raflatac, Polylabel, CCL Industries Inc., Tesa SE, RR Donnelley & sons Co., UPM, Intertronix, Seiko Holdings Corporation and Honeywell International Inc are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Security Labels Market.

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Security Labels Global Market – Overview

Security label is one the concept which are attached to the products and bundle of products that provides a security. In the global scenario, the global security labels market has witnessed a commendable growth in the past couple of years. The growing awareness of product safety among the industries such as food & beverages, pharmaceuticals, consumer goods, retails and others, have created a significant scope of the security label in the global market.

Among the application industries of security labels, food & beverage industry has become one of the leading industry in terms of demand. The F&B industry requires the security labels in a huge quality to make each and every product safety. Moreover, while the transportation of goods, the security labels gives product a unique identity, as a result, the demand for security labels have created more demand. The security labels also keep the product safe at the time theft. The rising theft issues in retail market have also augmented the market for security label in the global market.

Factors such as growth of food & beverage and pharmaceutical sector have led to the growth of security label market. The increased demand for packaged form of foods and increased health awareness has resulted in increased demand for security labels in the packaging industry. Additionally, the increase in investments by the packaging companies to bring about latest technologies has also contributed to the growth of the security labels market. Global security labels is expected to reach more than USD 30 billion at the end of the forecasted period and is expected to grow at CAGR of 6%.

Geographically, the global security labels market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia Pacific has accounted the largest market followed by North America and Europe. The market in Asia Pacific attributed to the rapid economic growth, rising population along with increased purchasing power. Various government and non-government initiatives have spread awareness about the health risks and quality food. This has induced the growth of food & beverage and pharmaceutical industries. This further has led to the growth of security labels market.

Industry News

In September, 2016 - UPM Raflatac decided to expand its security label range in the European market. The security range included the labels such as two new ultra-destructible (UD) film labels. This decision has made a positive impact on the European market as the demand for security labels have been growing. The rising F&B industry in Europe has been resulting in market growth.

In April, 2017 - CCL Industries, a global leader in specialty label and packaging solutions announced to acquire two European software-powered online digital printing and direct-to-consumer business for its Avery Units. This acquisition is expected to create a significant market in Europe.

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Security Labels Global Market – Segmentation

The scope of global security labels market is segmented into three major segments which are explained below:

By Identification Method
o Radio frequency
o Bar code
o Holographic
o others

By Type
o Passenger Vehicles
o Commercial Vehicles

By Application
o Food & beverages
o Pharmaceuticals
o Consumer goods
o Others

Security Labels Global Market - Competitive Analysis

The global market for security labels seems to be highly competitive. Major security labels manufacturers such as 3M Company, Avery Dennison Corporation and Data Label Inc have come across various key developments such as merger & acquisition, production launch, expansion and partnership. The major players have adopted these strategies to retain and/or expand their market share. Key strategies followed by most companies within the global security labels market were expansion.

TABLE OF CONTENT

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued.....

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