Reclosure labels Market Booming Worldwide with Latest Trend and Future Scope by 2031

The global reclosure labels market is anticipated to grow at a significant CAGR of 4.3% during the forecast period of 2024-20231. The market growth is attributed to factors such as growing demand for food safety, innovations in temporary adhesive and labelling technology, growing demand for easy-to-use/convenience packaging solutions, and growing demand for sustainable packaging among others. For instance,

In July 2023, Earthbound Farm implemented sustainable packaging technology featuring peel-and-reseal capabilities, resulting in a substantial reduction of up to 32% in its plastic consumption. This eco-friendly initiative has led to a yearly decrease of approximately 3.5 million pounds of plastic use by replacing traditional rigid lids with resealable lids and discontinuing the use of top and bottom labels.

In June 2023, Parkside introduced its ParkScribe laser scoring technology, which is designed to facilitate the creation of peel-and-reseal PET lids using the company's lidding films. This technology is intended for application across Parkside's compostable, renewable, paper-based, and recyclable monomer solutions.
In September 2022, Richmond announced new product packaging which includes products of reclosure label packaging. According to the company, Richmond has reduced the amount of plastic used in its Fresh Pork range by 40% and its Frozen Pork range by 33.0%, saving more than 42 tons of plastic annually.

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Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Material
By End-Users Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Avery Dennison Corp., UPM Global, CCL Industries Inc., Transcontinental Inc., and R.R. Donnelley & Sons Company, among others.

Reclosure Labels Market Report Segment

By Material

Paper
Film
Plastic

By End-users Industry

Healthcare
Medical and Pharmaceuticals
Food and Beverages
Cosmetics and Personal Care
Other (Industrial Applications)

A full Report of Reclosure labels Market is Available @  https://www.omrglobal.com/industry-reports/reclosure-labels-market

Company Profiles

All4Labels Group GmbH.
Clondalkin Group Holdings B.V.
Constantia Flexibles Group GmbH (subsidiary of Wendel SA)
Honsen Group
Inland Label and Marketing Services, LLC
Label World Ltd.
Lauterbach Group Inc.
Monarch Graphics India Private Limited.
NAStar, Inc.
R. Donnelley & Sons Company (a subsidiary of Chatham Asset Management LLC)
Ravenwood Packaging Ltd
Reflex Labels Ltd
Resource Label Group, LLC
Transcontinental Inc.
UPM Global

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