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Vial Labels Market Growth Set To Surge Significantly During 2021 - 2030 | TMR Study
Vial Labels Market
Vial labels are labelled around the circumference of vial with the label rotated around vial using wrap-around labelling technique. These labels are usually made up of thin paper and provide excellent reliability on tight edges and small diameters. These labels are manufactured with anti-counterfeiting properties, like printed with luminescent ink which is easily readable under the UV light, hidden barcode, hot stamping with personalized hologram, etc. These labels need to apply very precisely as they may include special fill-level scale markings. The vial labels have a detachable clip for hanging the bottle. Also, the tamper-evident labels are used for the tamper-proof design of the vials and are applied over the cap of the vial and folded over onto the neck of the vial. Labels on the vials can be labelled manually as well as automatically with the help of a labelling machine.
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Vial Labels Market: Dynamics
Vial labels are less expensive than paper labels and eliminate the extra step required to label the vials after the purchase. During the vial labelling process, the screen printing technique is used, in which the paint is fired directly onto the vial. Thus, the vial labels are attached with the use of a strong adhesive making it durable, tamper-proof, and stain-proof. Hence, this results in the elimination of the errors that occur during the post-purchase of the vials. The screen-printed vial labels do not discolour or deteriorate on their exposure to high or low temperatures. The vial labels are highly durable in strength and colours, fine finishing, variety of sizes and colours along with stain-proof and tamper-proof properties compared to the paper labels which is expected to uplift the demand for the vial labels market.
Vial Labels Market: Regional Outlook
Based on the region, the vial labels market is segmented into North America, Europe, Asia Pacific, Latin America, and MEA Region. The North American region is forecasted to witness growth in the vial labels market owing to the increase in the production and consumption of the medicines in the form of vial packaging in the form of solid and liquid medication. Also, increasing demand for pharmaceutical research & innovation activities is the factor propelling the growth of the market. The outbreak of viruses and bacteria are leading to the emphasized research & development activities, thereby propelling growth in the pharmaceutical industry and which is forecasted to increase the demand for vial labels. Along with that, the MEA and Latin America regions are anticipated to observe positive growth owing to the market entry of the new or local entrants in the vial labels market.
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Vial Labels Market: Key Players
Some of the vial labels manufacturers are; CV Labels Ltd., Pharma Packaging Solutions, CCL Industries, Pharmaceutic Litho & Label Company, Schreiner Group, Newman Labelling Ltd., CS Labels, Avery Dennison, and others are involved in offering vial labels for different applications.
Key Players for ASIAN Market:
Multipack Labels
JK Labels Pvt. Ltd.
ShreeMulti Sticks & Labels Private Limited
Dongguan Jiguan Technology Co., Ltd.
Shiv Shakti Label Industries
Weifang Xinxing Label Products Co., Ltd.
Shenzhen Ruilisibo Technology Co., Ltd.
Iwata Label Co., Ltd.
The report vial labels market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on the glass and plastic packaging market segments and geographies.
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This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
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