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Laminated Labels Market 2023 - Trend Analysis, Industry Growth, Key Players, Growth Opportunities And Outlook By 2032
Laminated Labels Market
The Business Research Company's Laminated Labels Global Market Report 2023 identifies growth in the e-commerce industry as the major driver for the Laminated Labels market's growth in the forecast period. The e-commerce industry refers to the buying and selling of goods and services online through the Internet. It provides businesses with a wide range of chances to reach customers and increase sales and a convenient way for customers to shop for products and services online. Laminated labels are used in the e-commerce industry for various purposes, such as product details, shipping labels, packing labels, and bar codes for identification purposes.
The global laminated labels market size is expected to grow from $76.95 billion in 2022 to $82.34 billion in 2023 at a compound annual growth rate (CAGR) of 7%. 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 laminated labels market size is expected to reach $103.53 billion in 2027 at a CAGR of 5.9%.
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Major competitors in the Laminated Labels market are R. R. Donnelley & Sons Company, Bemis Company Inc., Lecta Group, FLEXcon Company Inc., Sticky things Limited, Constania Flexibles Group GmbH.
A key trend in the Laminated Labels market includes technological advancements. Companies operating in the laminated label market are adopting new technologies to sustain their position in the market. For instance, in September 2020, Cosmo Films Ltd., an India-based producer of films used for packaging, lamination and labelling, launched a novel BOPP-based clear thermal lamination antimicrobial film. The antimicrobial technology employed in this film offers a brand-new strategy for avoiding microbial colonization on the surface, which addresses the rapidly spreading issue of bacterial infections on packaged goods worldwide. The film has a low-temperature, melting resin extrusion-coated surface, making it simple to apply heat and pressure to laminate the film to paper products. All labels, flexible packaging options, and synthetic paper can easily use this technology because it is secure, reasonably priced, and easy to do. The film fiber has a maximum lamination temperature of 100-129 degrees C. and a great tear bond strength to paper.
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The Laminated Labels market is segmented -
• By Material Type: Polyester, Polypropylene, Vinyl, Other Materials
• By Composition: Adhesive, Facestock, Release Liner, Other Compositions
• By Form: Rolls, sheets
• By Printing Technology: Digital, Flexographic, Lithography
• By Application: Food and Beverage, Consumer Durables, Home and Personal Care, Pharmaceuticals, Retail Labels, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Laminated Labels market.
The Business Research Company's "Global Laminated Labels Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Laminated Labels Market Include:
1. Executive Summary
2. Laminated Labels Market Characteristics
3. Laminated Labels Market Trends And Strategies
4. Laminated Labels Market - Macro Economic Scenario
5. Laminated Labels Market Size And Growth
…………………………………
26. Africa Laminated Labels Market
27. Laminated Labels Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laminated Labels Market
29. Laminated Labels Market Future Outlook and Potential Analysis
30. Appendix
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