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Surging Demand for Label Release Liners: United States Market Set to Reach US$ 2,681.7 million by 2031

09-05-2023 06:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

United States Label Release Liner Market, United States Label Release Liner

United States Label Release Liner Market, United States Label Release Liner

The United States label release liner market is poised for substantial growth, with a projected value of US$ 1,828.9 million in 2023, expected to surge to US$ 2,681.7 million by 2031, driven by an impressive compound annual growth rate (CAGR) of 4.9% during this period. In 2022, the industry was already valued at US$ 1,744.2 million, and it is set to exhibit year-on-year growth of 4.9% in 2023. This growth trajectory presents an exceptional opportunity for market expansion, with an incremental growth opportunity of US$ 937.4 million anticipated, marking a 1.5-fold increase over the current market value during the forecast period.

The dominance of film liners, accounting for approximately 53.2% of the market in 2022, is expected to face competition from paper liners, driven by their environmental advantages. Moreover, the demand for decorative and informative labels is poised to remain robust, holding a significant market share of around 41% and projected to grow at a CAGR of approximately 4.5% from 2023 to 2031, reflecting evolving consumer preferences and industry trends.

Experience the Insights Firsthand: Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-17357

The e-commerce sector has been growing quickly across the United States since more and more people are choosing to shop online. As a result, e-commerce businesses are always seeking new ways to increase the number of clients they can reach, which calls for the usage of efficient labeling and packaging solutions.

Label release liners are a crucial component of labeling and packaging procedures since they offer a trustworthy and effective means to label and package goods for shipment. Rising usage of labels in turn is expected to elevate label release liner demand through 2033.

The e-commerce sector is also quite competitive, and businesses are always seeking methods to stand out from the competition and offer a better consumer experience. As a result, there is now a higher demand for distinctive label release liners that can help e-commerce businesses stand out in a congested sector.

It is anticipated that label release liner sales in the United States will surge in response to increased e-commerce distribution options. Further, high demand for efficient labeling and packaging solutions due to booming e-commerce sector is likely to bolster label release liner sales.

Retailers seeking to stand out in a crowded market are predicted to require customized and cutting-edge label release liners. Meeting these demands of end users will help label release liner manufacturers significantly improve their revenues and market share.

Key Takeaways from the United States Label Release Liner Market

         The United States release liner market is projected to cross a valuation of US$ 2,681.7 million by 2031.
         Label release liner sales in the United States are likely to rise at 4.9% CAGR through 2031.
         From 20223 to 2031, the United States label release liner industry is anticipated to offer a total incremental opportunity of US$ 937.4 million.
         Based on substrate, paper liner segment is projected to produce a significant revenue of US$ 565.0 million by the end of 2031.
         By label type, decorative and informative labels segment is set to reach a valuation of US$ 1,075.4 million by 2032.

"Rising need for labeling and packaging solutions in the retail industry, development of e-commerce, and the preference for sustainable solutions are expected to boost the United States label release liner industry. To gain profits, companies need to strengthen their product portfolios." says an FMI analyst.

Flourishing Food and Beverage Industry is Pushing Market Growth Upwards

The United States label release liner industry will also be driven by the demand generated from the food & beverage industry. Several decorative, informative, and technology-oriented paper and plastic-based labels are used on food and beverage items for product interaction and branding.

Consistently rising manufacturing output from the United States food & beverage sector is expected to create higher demand for labels and label release liners.

The American food & beverage sector has seen decent growth in recent years and is expected to surge further during the foreseeable future. This market growth is significantly driven by the rising expenditure on food consumption, an improved network of renowned food chains, and enhancement in online food delivery channels.

Due to the consistent and ascending growth of the United States food & beverage industry, demand for label release liners is projected to surge during the forecast period.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-17357

United States Label Release Liner Market by Category

By Label Type:

Barcode Labels & QR Code Labels
RFID, NFC & EAS Labels
Decorative and Informative Labels
Others (Holographic Labels, etc.)

By Substrate:

Film Liner
Paper Liner

By Liner Type:

Single Side Coated
Double Side Coated

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA

About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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