Linerless Labels Market 2023 : Technology, Future Trends and Opportunities 2030

As per the report published by The Brainy Insights, the global linerless labels market is expected to grow from USD 1.75 billion in 2021 to USD 2.62 billion by 2030, at a CAGR of 4.6% during the forecast period 2022-2030. Asia Pacific region emerged as the largest market for the global linerless labels market with a 44.21%share of the market revenue in 2021. The rise in the customer's purchasing power is propelling the market's growth during the forecast period in this region. In addition, the North America region is expected to show the fastest CAGR growth over the projection period due to technological developments.

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Linerless Labels Market Size by Printing Technology (Flexographic Printing, Digital Printing, Letter Press Printing, Offset Printing, and Others), Printing Ink (Water-based Ink, Solvent-based Ink, UV Curable Ink, and Others), Product (Variable Information Print and Primary), Composition (Topcoat, Adhesive, and Face Stock), End-User Industry (Retail, Food & Beverage, Home & Personal Care, and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Leading companies in the industry include Avery Dennison Corp., RR Donnelley & Sons Company, Yupo Corporation, General Data Company Inc., SATO Holdings Corporation, Zebra Technologies Corp., Coveris, Skanem AS, CCL Industries Inc., Multi-Color Corporation, Gipako UAB, Ritrama S.p.A., Hub Labels, Ravenwood Packaging, and Reflex Labels Ltd., and among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The printing technology segment is divided into flexographic printing, digital printing, letterpress printing, offset printing, and others. The digital printing technology segment led the market with a market share of 28.19% in 2021. This growth is attributed to the cost-effective printing technique for applying simple designs.

The printing ink segment is divided into water-based ink, solvent-based ink, UV curable ink, and others. The UV curable ink segment led the market with a market share of 31.15% in 2021. This growth is attributed to the fast-increasing packaged food & beverage enterprises.

The product segment is divided into variable information print and primary. The variable information print product segment led the market with a market share of 56.04% in 2021. This growth is attributed to the rising adoption of these printing labels to develop serialized numbers & product information in less time and at a lower price.

The composition segment is divided into topcoat, adhesive, and face stock. The face stock composition segment led the market with a market share of 48.10% in 2021. This growth is attributed to the different resistant features such as high temperature.

The end-user industry segment is divided into retail, food & beverage, home & personal care, and others. The food & beverage segment led the market with a market share of 32.10% in 2021. This growth is attributed to the increasing use of healthy food.

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The expansion in preference for the linerless label in various logistic applications such as shipping, home & consumer, transportation, and pharmaceutical is propelling the linerless labels market's growth. Further, the rising health consciousness and raised demand for per capita income for packaged foods & beverages also boost the growth of the linerless labels market. Moreover, the increase in total disposable incomes of customers in emerging economies and raised awareness against creating environmentally friendly packaging techniques are helping to drive the market growth.

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