Press release
Eco-friendly Labels Market Share, Size, Price Growth, Report 2023-2028
Eco-friendly Labels Market
The global eco-friendly labels market size reached US$ 1.26 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.85% during 2023-2028.
Eco-friendly Labels Market Overview:
Eco-friendly labels are a type of labeling that emphasizes sustainable and environmentally conscious practices. These labels communicate to consumers that the product or packaging has been produced with minimal environmental impact. The materials used for these labels are often biodegradable, recycled, or sourced from sustainable and renewable resources.
Eco-friendly labels promote responsible consumption by providing transparency about a product's ecological footprint. They cater to the growing consumer demand for environmentally friendly products, encouraging businesses to adopt more sustainable practices and contribute to a greener, more eco-conscious marketplace.
Sample Copy of Report at - https://www.imarcgroup.com/eco-friendly-labels-market/requestsample
Competitive Landscape with Key Players:
• Avery Dennison Corporation
• CCL Industries Inc
• Elevate Packaging Inc
• Hally Labels
• inkREADible Labels Limited
• JK Labels
• Labels Plus
• Paramount Labels
• SATO Holdings Corporation
• The Label Makers Ltd
Eco-friendly Labels Market Growth and Demand:
The global market is primarily driven by the increasing awareness among consumers about ecological sustainability. Regulatory initiatives and standards emphasizing sustainability, such as eco-label certifications, further stimulate market growth by encouraging adherence to eco-friendly labeling practices. Moreover, the rising demand for eco-conscious products has pushed manufacturers to incorporate sustainable packaging, with eco-friendly labels as a visible marker of a product's environmental credentials.
Companies recognize the market value of aligning their brand with eco-friendly initiatives, driving the adoption of such labels as a strategic marketing tool. Besides, technological advancements in label manufacturing contribute to the market's expansion, facilitating the production of labels from recycled materials and using eco-friendly printing technologies. The growing emphasis on circular economies and waste reduction also plays a role, with eco-friendly labels aligning with the broader sustainability goals of reducing environmental impact.
Additionally, increased corporate responsibility and a focus on corporate sustainability practices contribute to adopting eco-friendly labels across industries. As consumers become more discerning about the environmental impact of products, the market for eco-friendly labels is poised for continued growth, driven by a collective commitment to fostering a more sustainable and eco-conscious global marketplace.
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Key Market Segmentation:
Breakup by Material:
• Paper
o Semi-gloss/Matte Paper
• Plastic
o PLA (Polylactic Acid)
o PHB
Breakup by Label Type:
• Pressure Sensitive Labels (PSL)
• Shrink Labels
• Stretch Labels
• Wet Glue Labels
• Others
Breakup by Printing Technology:
• Flexography
• Digital
• Gravure
• Screen
• Offset
Breakup by End User:
• Food and Beverages
• Pharmaceuticals
• Cosmetics and Personal Care
• Homecare and Toiletries
• Clothing and Apparels
• Chemicals
• Automotive
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Contact US:
IMARC Group
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USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
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Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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