Press release
Eco-friendly Labels Market to Worth US$ 2.5 Billion by 2032 | With a 7.07% CAGR
Eco-friendly Labels Market
The global eco-friendly labels market size reached US$ 1.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.07% during 2024-2032.
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Eco-friendly labels are sustainable labeling solutions designed to minimize environmental impact. Made from biodegradable or recycled materials, these labels aim to reduce waste and promote environmentally responsible packaging practices. Eco-friendly labels cater to the growing consumer demand for sustainable and ethical products, reflecting a commitment to eco-conscious choices in labeling and packaging.
Market Trends:
The global market is majorly driven by the rising awareness of climate change and environmental concerns. Brands, in turn, adopt sustainable labeling solutions to meet consumer expectations and demonstrate their commitment to environmental responsibility. Furthermore, stringent environmental regulations and increased corporate social responsibility initiatives contribute to the market's growth. Governments and organizations worldwide are implementing measures to reduce plastic waste and promote sustainable packaging practices, creating a favorable environment for eco-friendly labeling solutions. Besides, the rise of eco-conscious consumer behavior shapes market dynamics. As consumers become more informed about environmental issues, they seek products with transparent and eco-friendly labeling, influencing purchasing decisions. Brands that adopt eco-friendly labels gain a competitive edge by aligning with evolving consumer values.
Moreover, advancements in technology and innovation play a role in driving the market. The development of new materials, printing techniques, and labeling technologies allows for the creation of eco-friendly labels that maintain visual appeal and durability while meeting sustainability criteria. Additionally, the influence of brand reputation and marketing strategies contributes to the adoption of eco-friendly labels. Companies recognize the positive impact of environmentally conscious practices on brand perception and customer loyalty. Incorporating eco-friendly labels into packaging aligns with corporate values and resonates with consumers seeking ethical and sustainable brands. Apart from this, the circular economy concept, emphasizing the reduction, reuse, and recycling of materials, influences the eco-friendly labels market.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/eco-friendly-labels-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• 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 Segmentation:
Our report has categorized the market based on region, material, label type, printing technology, and end user.
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)
Key highlights of the report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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Contact US:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us
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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