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E-Commerce Industry's Impact On The Laminated Labels Market: Key Factor Driving The Growth In The Laminated Labels Market
The Laminated Labels Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Laminated Labels Market Size and Its Estimated Growth Rate?
In recent times, the size of the laminated labels market has seen a substantial expansion. The market growth will rise from $87.31 billion in 2024 to $92.9 billion in 2025, at a compound annual growth rate (CAGR) of 6.4%. Factors leading to growth in the past include regulatory compliance, enhancement of brands, consumer preferences, globalization, and cost-effectiveness.
The market for laminated labels is projected to experience significant expansion in the forthcoming years, reaching a valuation of $119.63 billion in 2029 with a compound annual growth rate (CAGR) of 6.5%. This growth over the forecast period can be linked to factors such as sustainability trends, the surge in e-commerce, customized packaging, an increase in pharmaceutical demand, as well as health and safety concerns. Notable trends for the forecast period involve the digital transformation in printing, advancements in technology, sustainable materials for labeling, intelligent labeling solutions, and digital printing technology.
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What Are the High-Growth Segments in the Laminated Labels Market?
The laminated labels market covered in this report is segmented -
1) By Material Type: Polyester, Polypropylene, Vinyl, Other Materials
2) By Composition: Adhesive, Facestock, Release Liner, Other Compositions
3) By Form: Rolls, sheets
4) By Printing Technology: Digital, Flexographic, Lithography
5) By Application: Food And Beverage, Consumer Durables, Home And Personal Care, Pharmaceuticals, Retail Labels, Other Applications
Subsegments:
1) By Polyester, PET (Polyethylene Terephthalate), PETG (Polyethylene Terephthalate Glycol-Modified)
2) By Polypropylene, BOPP (Biaxially Oriented Polypropylene), CPP (Cast Polypropylene)
3) By Vinyl, PVC (Polyvinyl Chloride), Rigid Vinyl, Flexible Vinyl
4) By Other Materials, Paper, Polycarbonate, Synthetic Materials
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What Key Drivers Are Expected to Influence Future Laminated Labels Market Growth?
The laminated labels market is predicted to witness growth spurred by the burgeoning e-commerce industry. The world of e-commerce, which constitutes online purchase and sale of goods and services over the Internet, offers businesses vast opportunities to access customers and boost sales, as well as providing a convenient platform for customers to buy products and services online. Laminated labels are a crucial component in the e-commerce industry owing to their multiple functions, such as providing product information, acting as shipping labels, packaging labels, and barcodes for identification. As an example, Ecommerce Europe, a European association for online retail businesses, reported in February 2023 that France's e-commerce trade (inclusive of goods and services) yielded €146.9 billion ($159.11 billion) in 2022, denoting a 13.8% surge over the 2021 figures. Additionally, a report published by Morgan Stanley, a U.S. based financial services firm, in June 2022 observed that global e-commerce, between 2019 and 2021, augmented from 15% to 21% of total retail sales, contributing to around 22% of aggregate sales. Hence, the evolution of the e-commerce industry is fueling the rise of the laminated labels market.
Which Companies Hold the Largest Share Across Different Laminated Labels Market Segments?
Major companies operating in the laminated labels market include RR Donnelley & Sons Company, Lecta Group, FLEXcon Company Inc., Stickythings Limited, Constantia Flexibles Group GmbH, Avery Dennison Corporation, Coveris Holdings SA, CCL Industries Inc., 3M Company, Honeywell International Inc., Tesa SE, Seiko Group Corporation, Cosmo Films, Coast Label Company, UPM Raflatac, Brady Corporation, Fuji Seal International Inc., Henkel AG & Co. KGaA, Inland Label & Marketing Services LLC, Lintec Corporation, Multi-Color Corporation, Refine Packaging, Sato Holdings Corporation, Taghleef Industries Group, Toray Industries Inc., WS Packaging Group Inc., Ameri-Seal Inc., Anchor Printing, Consolidated Label Co., DNP Corporation, Fort Dearborn Company, Germark S.A., Hammer Packaging Corp., Hub Labels Inc., Label Impressions Inc., Label Technology Inc., Lightning Labels
What Trends Are Driving Growth in The Laminated Labels Market?
The rise of product innovations is a significant trend observed within the laminated label industry. Firms in this sector are concentrating their efforts on novel inventions to uphold their market standing. A case in point, Primera Technology Inc., a US digital printing equipment manufacturer, debuted its AP-CODE Lot & Date Coder in June 2023. This device is a perfect fit for both the newly installed and the existing Primera AP360 and AP362 label applicators. AP-CODE boasts a full-color touchscreen that allows for inputting data and setting up configurations including lot and date codes, eliminating the need for an external power source. Print areas are versatile and can showcase a variety of symbols, numbers, and characters. User set formats can be saved for later use, speeding up the output process. The black ink cartridge attaches efficiently to numerous surfaces, including glass, metal, plastic, and laminated labels. Decap, a process to clear blockages that often requires overnight printing head capping, takes longer than a day.
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What Are the Emerging Geographies for The Laminated Labels Market Growth?
Asia-Pacific was the largest region in the laminated labels market in 2024. The regions covered in the laminated labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Laminated Labels Market?
2. What is the CAGR expected in the Laminated Labels Market?
3. What Are the Key Innovations Transforming the Laminated Labels Industry?
4. Which Region Is Leading the Laminated Labels Market?
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