Increasing Disposable Income and Rapidly Expanding Retail Sector are driving Global FMCG Labels Market

Labelling is an indispensable part of marketing, which impulse and highly influence consumer buying behavior. In each product category under FMCG market, brand owners are looking for new approaches to develop labels in order to face competitive market. Labelling is used to differentiate or giving distinct looks from the other products available in the market. FMCG labels can be made in different design as per the specific demand of the customers. It includes self-adhesive labels, barcode, tag, sticker and others, available in different shape, size and colors. However government organizations across the world has established packaging labels guidelines for particular products and packaging type and it is required to meet those requirements.

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Increasing demand for grocery, personal care products and food and beverage is expected to drive consumption of FMCG products. In five years, FMCG market has become highly consolidated, majorly influenced by local players and retailers. In such competitive environment, brand owners are more inclined towards having private labels so that to stand against competitor. Private labels are gaining trust among end-use consumers, and expected to be potential substitute for FMCG labels.

FMCG Labels Market: Market Dynamics

The FMCG labels market is highly influenced by the performances of manufacturers who sells their products under FMCG domain. Following a recovery of the world economic turndown in 2010, the retail market of fast moving consumer goods has witness significant growth owing increasing per capita income across each geographies. Government regulations over packaging has forced manufactured to provide quality packaging and ensuring clean and persistence labels which represent all required contents of product and packaging materials. Owing to the demand and supply gap of FMCG products, the retailers has adopted a business strategy of expansion and number of retail store has increased significantly over the last five years. Market penetration of multinational companies like Walmart in emerging economies such as China and India is expected to drive the FMCG labels market in high potential market. Increasing disposable income and rapidly expanding retail sector are two key drivers to drive the global FMCG labels market. However private labels is a potential treat for FMCG labels and it is expected to restrain the growth of FMCG labels market. Additionally, the sustainability of FMCG labels market is highly dependent on innovation and product development.

FMCG Labels Market: Market Segmentation

On basis of label types, global FMCG labels market can be segmented as follow as;

Gummed Labels
Self-Adhesive Roll Labels
Plain Labels
Security Labels
Barcode Labels
Adhesive Printable Labels
Identification Labels
Others

On basis of packaging material, global FMCG labels market can be segmented as follow as;

Glass
Plastic
Wood
Paper
Other

On basis of shape of labels, global FMCG labels market can be segmented as follow as;

2D Labels
3D Labels

On basis of color of labels, global FMCG labels market can be segmented as follow as;

White
Pink
Fluorescent
Orange
Others

On basis of geographies, global FMCG labels can be segmented as follow as;

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

FMCG Labels Market: Regional Outlook

Growing demand for sustainable packaging and health conscious consumers is expected to augment the growth of FMCG labels market across the world. North America and Europe are expected to be most competitive market, owing to increasing industry preference for private labelling in these geographies. Owing to expansion of retail sectors and marketing strategies adopted by key players, Asia Pacific is expected to emerge as most attractive segment over the forecast period. This can offers an opportunity to multinational companies to penetrate in to high potential market of China and India. China is the largest market in Asia-Pacific followed by India in 2020, and is expected to grow rapidly in the near future. This is primarily because of growing industries such as food and beverages and pharmaceuticals which are highly rely on concise packaging labels.

FMCG Labels Market: Key Players

Some of the key players in global FMCG labels market are as follow as;

The 3M Company
Henkel AG & Company
Avery Dennison Corporation
Dow Corning Corporation
Sika AG
Wacker Chemie AG
DM Card Japan Co., Ltd.

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This release was published on openPR.