Press release
Linerless Label Market Predicted to Exhibit CAGR of 4.1% During 2024 to 2030, Surpassing USD 2.38 Bn by 2030
Linerless Label Market size was valued at US$ 1.80 Bn in 2023 and the total revenue is expected to grow at 4.1% through 2024 to 2030, reaching nearly US$ 2.38 Bn.Linerless Label Market Overview:
The global linerless label market is experiencing a transformative shift, driven by the increasing demand for eco-friendly and cost-effective packaging solutions. Linerless labels, devoid of backing paper, significantly reduce material waste and streamline the labeling process, making them an attractive option for industries aiming to enhance sustainability and operational efficiency. The market's growth is further propelled by advancements in printing technologies and the rising adoption of smart labeling systems.
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Linerless Label Market Dynamics
The surge in e-commerce and the need for efficient supply chain management have amplified the demand for linerless labels. Their benefits, including reduced storage requirements and lower transportation costs, align with the operational goals of various sectors such as food & beverage, logistics, and retail. However, challenges persist, including limitations in design flexibility and the need for specialized printing equipment. Despite these hurdles, the market continues to thrive, with manufacturers focusing on innovation to overcome existing constraints.
Linerless Label Market Outlook and Future Trends :
Looking ahead, the linerless label market is poised for sustained growth, with a focus on integrating advanced technologies like RFID and QR codes to enhance traceability and consumer engagement. The emphasis on sustainable packaging solutions is expected to drive further adoption across various industries. Moreover, the development of recyclable and biodegradable materials for label production is anticipated to open new avenues for market expansion.
Key Recent Developments
United States: The U.S. market is witnessing increased adoption of linerless labels, particularly in the logistics and retail sectors, driven by the need for efficient and sustainable labeling solutions.
Europe: European countries are leading in the adoption of eco-friendly packaging, with stringent regulations promoting the use of sustainable materials, thereby boosting the linerless label market.
Japan and South Korea: Technological advancements and a strong emphasis on automation in these countries are fostering the integration of linerless labels in various industries, including food & beverage and healthcare.
Singapore: Singapore's strategic focus on smart nation initiatives has led to the incorporation of advanced labeling technologies, such as smart labels, enhancing the functionality and appeal of linerless labels.
Vietnam and Thailand: The growing manufacturing and export activities in these Southeast Asian nations are contributing to the increased demand for efficient and sustainable labeling solutions, positioning linerless labels as a preferred choice.
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Linerless Label Market Segmentation
by Component
Facestock
Adhesive
by Adhesion Type
Permanent
Removable
Repositionable
Others
by Printing Technologies
Flexographic
Digital
Offset
Letterpress
Others
by Printing Ink
Water-Based Ink
Solvent-Based Ink
Holt Melt-Based Ink
UV Curable Ink
by Application
Food & Beverages
Pharmaceutical & Personal Care
Retail
Logistics
Others
Some of the current players in the Linerless Label Market are:
1. Coveris
2. Avery Dennison Corporation
3. Lexit Group AS
4. Hub Labels
5. Optimum Group
6. Bostik
7. Ravenwood Packaging
8. Innovia Films
9. Constantania Flexibles
10. Reflex Labels Ltd.
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♦ Elderflower Market https://www.maximizemarketresearch.com/market-report/global-elderflower-market/94093/
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