Global Peel and Reseal Labels Market: Ability to Retain Freshness of Product Boosts Growth, finds TMR

Labels are a powerful marketing tool and savvy marketers and manufacturers worldwide are increasingly leveraging them to target consumers. This has resulted in the emergence of innovative products such as peel and reseal labels, which are fast gaining popularity on account of their versatility and cost effectiveness. A new study by Transparency Market Research (TMR), titled “Peel and Reseal Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024,” takes an in-depth look at the market to study what is driving it, the current competitive scenario, and future growth prospects.

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Peel and reseal labels, layered with peelable and reattachable tops, are capable of storing more product information in the number of pages over the base product label. They can be unfolded several times after the seal is removed, which is something that gives them an advantage over other labels. For maintaining their lasting bonding quality, special quality adhesives are used. Peel and reseal labels aid in improving the life span of the product by resealing the product à la the original sealing, thereby helping in maintaining freshness. They are used mainly in packaging of cosmetics, personal care products, food, and pharmaceuticals.

For goods sold in several markets around the world, the peel and seal labels enable manufacturers to present information in different languages, following regional government regulations. Peal and reseal labels also lower the need to have multiple printed pages containing product description, thereby helping manufactures to pare costs. Such advantages are working in favor of the market, which TMR forecasts to expand at a robust CAGR during the period of 2016 to 2026. Majorly contributing to the growth of the global peel and reseal labels market are the food and healthcare industries. Peel and reseal label films also provide a scope to carry better graphic designs, which ups chances of grabbing consumers’ attention towards the product. Sagacious manufacturers are already innovating on the design to improve sales.

On the basis of type, the report segments the market into dry peel labels, reseal labels, foldout labels, specialty die cut labels, expandable reseal booklet, tag and board packaging, and prime labels. Depending on end users, it segments the market into pharmaceutical, food and beverages, personal care, and others. North America and Asia Pacific excluding Japan are at present the leading markets for peal and reseal labels.

Prominent players in the global market for peal and reseal labels listed in the report are Esko-Graphics bvba, Ampac Holdings, LLC, OPM Group, and Leading Edge.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.