Global Linerless Labels Market: Lucrative Opportunities on Card as Demand for Flexible Packaging Rises, Says TMR

Labelling is an important aspect of the ever-evolving packaging industry. Nowadays labelling not only provides product information but also comprise tracking technologies to help manufacturers keep track of internal packaging and processing. In a new report, titled “Linerless Labels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” Transparency Market Research (TMR) studies the market’s trajectory factoring the recent developments. It contains exhaustive information aimed at helping the stakeholders gain a better perspective of the prevailing market dynamics.

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Linerless labels are witnessing high demand as they are hassle-free, ensures minimum wastage, and is available with diverse adhesives to cater to the exact requirements of specific applications. Considering the prevailing scenario, offering energy efficiency, prevention of waste, and preservation of natural resources are considered are a few factors supporting the growth of the global linerless labels market.

The increasing demand for consumer foods and the rising use of flexible packaging has helped the global linerless labels market to spawn a robust industry. With technological advancements on cards, the market is poised to witness lucrative growth opportunities in the forthcoming years. Furthermore, it will be benefited by the expansion of the packaged food and beverages industry. As consumers around the world increasingly demand consumer durables and logistics, manufacturers are compelled to demand linerless labels more.

On the downside, the market will face challenge from the a few related environmental issues and the rising raw material prices. Furthermore, the lack of awareness about the advanced labeling technologies will also hinder the growth of the market to an extent.

Regionally, the global linerless labels market can be segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these regions, Asia Pacific is expected to emerge as a lucrative market for linerless labels. The consistent economic growth shown by the leading economies will aid the expansion of linerless labels market in the region. In North America and Europe, the market is expected to gain from the rising demand for consumer goods.

Unlike Asia Pacific, the manufacturers mostly focus on maintaining their market share than increasing it in developed regions. This is primarily attributed to the consolidation together with the presence of several large players in the developed markets such as Europe and North America. Next, the market is also expected to witness rising opportunities in Latin America and the Middle East and Africa.

Besides gauging the opportunities for the market across its key segments, the report also discusses the prevailing vendor landscape. Hence the profiles of key market players such as 3M Company, CCL Industries Inc., Coveris Holdings S.A., R.R. Donnelley & Sons Company, Constantia Flexible Group GMBH, Innovia films, Reflex Labels limited, and RR Donnelley & Sons Company are included in the report.

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.