Press release
Self-Adhesive Labels Market Insights, Size, Outlook, Overview And Share Report 2024-2033
Self-Adhesive Labels Market
The Business Research Company presents an extensive market research report on the Self-Adhesive Labels Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The self-adhesive labels market size has grown strongly in recent years. It will grow from $53.55 billion in 2023 to $57.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to urbanization and retail growth, logistics and supply chain requirements, customization and personalization, brand identity and marketing, consumer goods packaging..
The self-adhesive labels market size is expected to see strong growth in the next few years. It will grow to $75.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to growing demand across industries, sustainability and eco-friendly labels, digitalization in label printing, supply chain and logistics optimization.. Major trends in the forecast period include adhesive technology improvements, smart labels and track-and-trace solutions, brand differentiation and marketing, supply chain efficiency..
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Key Market Players:
Major companies operating in the self-adhesive labels market report are Connecticut Chemicals Industries Inc., Avery Dennison Corporation, Multi-Color Corporation, Coveris Holdings S.A, Huhtamaki OYJ Company, Fuji Seal International Inc., H.B. Fuller Company, Consolidated Label Co, 3M Company, Mondi Group, Hally Labels Limited, Lintec Corporation, Dura-ID Solutions Limited, CS Labels Ltd., Tower Labels, Right Label Solutions Limited, Inland Label, Terragene, Brady Corporation, Sato Holdings Corporation, Constantia Flexibles, Advanced Labels NW, WS Packaging Group Inc., Resource Label Group LLC, Label Technology Inc., Label Tech Inc., Labelcraft Products Ltd., Label Impressions Inc., Label-Aid Systems Inc., Essentra PLC
Market Drivers:
The rising consumption of packed products is expected to propel the growth of the self-adhesive labels market. Packaged products are consumer packaged goods that the average customer consumes daily, such as food, beverages, cigarettes, makeup, and household products. The increasing number of dual household incomes, longer working hours, and the inability to manage own cooked meals have increased the demand for packaged meals, particularly ready-to-eat foods, snacks, and beverages. The purpose of product packaging is to safeguard the product inside. Packaging must protect the goods during transit between the manufacturing site and the retailer and protect the product while it is on the shelf. For instance, according to a March 2022 report published by the Government of Canada on packaged food trends in China, retail sales of packaged food products in China increased from 283, 984.8 (US$ million) in 2020 to 298, 005.3 (US$ million) in 2021. Therefore, the rising consumption of packed products will drive the self-adhesive labels market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/self-adhesive-labels-global-market-report
The self-adhesive labels market covered in this report is segmented -
1) By Adhesive Type: Hot-melt, Emulsion Acrylic, Solvent
2) By Nature: Permanent, Removable, Repositionable
3) By Composition: Release Liner, Adhesive Layer, Face Stock
4) By Printing Technology: Flexography, Digital Printing, Lithography, Screen Printing, Gravure, Letterpress, Offset
5) By End Users: Food and Beverages, Pharmaceuticals, Tracking, Logistics and Transport, Home and Personal Care, Consumer Durables, Others End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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