Linerless Labels Market to Hit US$ 2.9 Billion by 2032 | Future Market Insights

The global Linerless Labels Market is likely to reach US$ 2.9 Billion by the year 2032 at a CAGR of 4.9% between 2022 and 2032. The global linerless labels market was valued at US$ 1.40 Bn in 2018, and is expected to witness a CAGR of 4.9% during the forecast period of 2022-2032. North America and Asian regions are expected to hold collective revenue share of ~55 % in the global market for linerless labels by the end of 2032.

Linerless labels are designed without a release liner, which reduces the amount of raw material required to manufacture labels, and makes these labels an eco-friendly alternative. Absence of a liner layer saves on extra labor, storage, and transportation costs for end users, and reduces industrial waste and carbon emission.

Removable linerless labels are estimated to hold a leading position in the global Linerless Labels Market, and generate an incremental opportunity . Prominent packaging manufacturers are continuously striving to offer sustainable and environment-friendly packaging solutions to various end-use industries.

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Key Takeaways of Linerless Labels Market Study

Consistent growth of the logistics sector across all geographies, coupled with high requirement of linerless labels for inventory management, asset tracking, and goods distribution, is steadily driving the linerless labels market.

The retail industry is a prominent end user of linerless labels, owing to rising efforts across the world to reduce the incidence of counterfeiting.
North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food & beverage industries is boosting the growth of the linerless labels market in these regions.

Competitive Landscape

Liners used in conventional labels cannot be recycled or reused. Reducing industrial waste is one of the major economic and industrial challenges for packaging manufacturers. Additionally, government in several countries introduced stringent guidelines to minimize industrial waste and carbon footprints. Owing to these factors, leading packaging manufacturers are shifting their focus from conventional packaging solutions to sustainable and eco-friendly packaging solutions.

Unlike linered labels, linerless labels do not have liner layer on the back, which reduces expenses on waste disposal and down time for the manufacturing process. Thus, end users are increasing adopting eco-friendly linerless labels. These factors are estimated to accelerate the linerless labels market growth during the upcoming period.

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Key Companies Profiled
RR Donnelley & Sons Company
Avery Dennison Corp.
Zebra Technologies Corp.
SATO Holdings Corporation
Coveris
Multi-Color Corporation
CCL Industries Inc.
Yupo Corporation
Ravenwood Packaging
General Data Company Inc.
Hub Labels

Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies

Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.

Key Segments Covered in Linerless labels Industry Research

Linerless Labels Market by Product Type:
Variable Imaged
Direct Thermal

Linerless Labels Market by Printing Technology:
Digital Printing
Flexo Printing
Offset Printing
Gravure Printing
Screen Printing
Others

Linerless Labels Market by Adhesion:
Permanent
Removable
Repositionable

Linerless Labels Market by End-user:
Retail
Food & Beverages
Logistics
Pharmaceuticals
Others

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What to Expect in Our Report?

(1) A complete section of the Global Linerless Labels market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Global Linerless Labels market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Linerless Labels market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Linerless Labels market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Global Linerless Labels Market report.

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This release was published on openPR.