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Self-Adhesive Labels Market Size, Surging Demand, Detailed Analysis, Share And Forecast To 2033
Self-Adhesive Labels Market Share
As per the report, 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 self-adhesive labels market size is expected to see strong growth in the next few years. It will grow to $75.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
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Self-Adhesive Labels Market Soars On Surging Packed Product Consumption
The rising consumption of packed products is expected to propel the growth of the self-adhesive labels market. Packaged products are consumer packaged goods that the average customer consumes daily, such as food, beverages, cigarettes, makeup, and household products. The increasing number of dual household incomes, longer working hours, and the inability to manage own cooked meals have increased the demand for packaged meals, particularly ready-to-eat foods, snacks, and beverages. The purpose of product packaging is to safeguard the product inside. Packaging must protect the goods during transit between the manufacturing site and the retailer and protect the product while it is on the shelf. For instance, according to a March 2022 report published by the Government of Canada on packaged food trends in China, retail sales of packaged food products in China increased from 283, 984.8 (US$ 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.
Self-Adhesive Labels Market Embrace Sustainability With Recycled Pet Materials
Major companies operating in the self-adhesive labels market are focused on introducing innovative products such as self-adhesive material for labels to meet the growing demand for sustainable packaging. Self-adhesive material for labels is designed to be more sustainable and environmentally friendly while also providing excellent performance and durability. For instance, in June 2021, HERMA GmbH, a Germany-based manufacturer of label applicators, launched self-adhesive material for labels. This material is made from recycled PET and is also free of solvents and plasticizers, making it safe for use in food and pharmaceutical applications. These materials provide a comprehensive range of features and benefits that cater to diverse labeling needs across various industries. Their commitment to quality, versatility, sustainability, and user-friendliness makes them a trusted choice for label manufacturers and end-users alike.
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
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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
Contents of the report:
1. Executive Summary
2. Self-Adhesive Labels Market Report Structure
3. Self-Adhesive Labels Market Trends And Strategies
4. Self-Adhesive Labels Market - Macro Economic Scenario
5. Self-Adhesive Labels Market Size And Growth
…..
27. Self-Adhesive Labels Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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