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Pharmaceutical Label Market Gobal Key Players, Demand, Trending Opportunities, Growth Drivers And Future Developments - CCL Industries, 3M Company, Essentra PLC, Avery Dennison Corporation, Multi-Color Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Pharmaceutical Label Market Size, Growth Rate, And Forecast
The global pharmaceutical label market size is expected to grow from $5.88 billion in 2022 to $6.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pharmaceutical label market size is expected to reach $8.45 billion in 2027 at a CAGR of 7.4%.
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Pharmaceutical Label Market Drivers
The increasing launch of pharmaceutical drugs is expected to propel the growth of the pharmaceutical label market going forward. The high prevalence of diseases and enhanced consumption of pharmaceutical drugs create demand for pharmaceutical labels. The pharmaceutical label helps in the understanding of important information about drugs. For instance, according to a report, The Global Use of Medicines 2022 published by IQVIA, a US-based provider of biopharmaceutical development and commercial outsourcing services, about 300 new drugs will be launched by 2026, an increase from the past decade. Therefore, the enhanced consumption of pharmaceutical drugs is driving the pharmaceutical label market.
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Pharmaceutical Label Market Segments
• By Type: Pressure-Sensitive Label, Glue-Applied Label, Sleeve Label, In-Mold Label, Other Types
• By Material: Paper, Polymer Film, Other Materials
• By Application: Instructional Label, Decorative Label, Functional Label, Promotional Label, Other Applications
• By End Use: Bottles, Blister Packs, Parenteral Containers, Pre-Fillable Syringes, Pre-Fillable Inhalers, Pouches, Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pharmaceutical label market.
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Pharmaceutical Label Market Key Players
Major competitors in the pharmaceutical label market are CCL Industries, 3M Company, Essentra PLC, Avery Dennison Corporation, Multi-Color Corporation, SATO Holding Corporation, Consolidated Label Co., Bemis Manufacturing Company, LINTEC Corporation, Advanced Labels, Edwards Label Inc
The Business Research Company's "Global Pharmaceutical Label Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Pharmaceutical Label Market Include:
1. Executive Summary
2. Pharmaceutical Label Market Characteristics
3. Pharmaceutical Label Market Trends And Strategies
4. Pharmaceutical Label Market - Macro Economic Scenario
5. Pharmaceutical Label Market Size And Growth
………………
27. Pharmaceutical Label Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical Label Market
29. Pharmaceutical Label Market Future Outlook and Potential Analysis
30. Appendix
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