Press release
Steady Expansion Forecast for Pharmaceutical Label Market, Projected to Reach $10.17 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Pharmaceutical Label Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the pharmaceutical label industry has seen a robust growth in the recent past. The market, which was valued at $6.76 billion in 2024, is forecasted to reach $7.24 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. This upward trend during the historic period can be linked to rigid regulatory norms, increased production in the pharmaceutical sector, elevated worries related to counterfeiting, a heightened focus on patient safety, and the international expansion of pharmaceutical supply chains.
Pharmaceutical Label Market Size Forecast: What's the Projected Valuation by 2029?
The market size for pharmaceutical labels is projected to experience robust expansion in the coming years, reaching "$10.17 billion in 2029 with an annual growth rate of 8.9%. Factors contributing to this growth during the forecast period include the escalating use of intelligent labels, a surge in the acceptance of eco-friendly labeling alternatives, heightened concentration on patient-oriented packaging, the need for tamper-proof labels, the proliferation of custom-made medicine, and the incorporation of track-and-trace schemes. Significant trends during the projected period encompass intelligent packaging and track-and-trace solutions, tamper-proof and anti-fraud features, personalized and variable data printing, adherence to regulatory norms, sustainability, and environment-friendly labeling.
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What Are the Drivers Transforming the Pharmaceutical Label Market?
The upsurge in the launch of new pharmaceutical drugs is projected to fuel the expansion of the pharmaceutical label market in the future. The increasing prevalence of various diseases and heightened use of pharmaceutical drugs trigger a need for pharmaceutical labels. These labels illustrate the crucial basics about the medications. As an example, The Global Use of Medicines 2022 report by IQVIA shows near 300 new drugs will hit the market by 2026, a surge compared to previous years. Hence, the amplified usage of pharmaceutical drugs is the driving force behind the pharmaceutical label market's growth.
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What Long-Term Trends Will Define the Future of the Pharmaceutical Label Market?
Product innovations are becoming increasingly popular in the pharmaceutical label market. In October 2022, Germany-based Schreiner Group launched Pharma-Tac hanger and Autoinjector-labels made from sustainable materials. These labels incorporate anti-slip features, removable documentation, and underwent rigorous performance tests, including adhesion and durability assessments.
Which Segments in the Pharmaceutical Label Market Offer the Most Profit Potential?
The pharmaceutical label market covered in this report is segmented -
1) By Type: Pressure-Sensitive Label, Glue-Applied Label, Sleeve Label, In-Mold Label, Other Types
2) By Material: Paper, Polymer Film, Other Materials
3) By Application: Instructional Label, Decorative Label, Functional Label, Promotional Label, Other Applications
4) By End Use: Bottles, Blister Packs, Parenteral Containers, Pre-Fillable Syringes, Pre-Fillable Inhalers, Pouches, Other End Uses
Subsegments:
1) By Pressure-Sensitive Label: Paper Pressure-Sensitive Labels, Film Pressure-Sensitive Labels, Custom Pressure-Sensitive Labels
2) By Glue-Applied Label: Wet Glue Labels, Dry Glue Labels, Custom Glue-Applied Labels
3) By Sleeve Label: Shrink Sleeve Labels, Stretch Sleeve Labels, Tamper-Evident Sleeve Labels
4) By In-Mold Label: In-Mold Labels For Rigid Containers, In-Mold Labels For Flexible Containers
5) By Other Types: Thermal Transfer Labels, Direct Thermal Labels, RFID Labels
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Which Firms Dominate the Pharmaceutical Label Market by Market Share and Revenue in 2025?
Major companies operating in the pharmaceutical label market include CCL Industries Inc., Essentra plc, Avery Dennison Corporation, Multi-Color Corporation, SATO Holding Corporation, Consolidated Label Co., Bemis Manufacturing Company, LINTEC Corporation, Advanced Labels, Edwards Label Inc., Clabro Label Inc, Classic Labels PG, MaverickLabel.Com Inc., Metro Label, Schreiner Group, WS Packaging Group Inc., Amcor Limited, Gerresheimer AG, Berry Global Inc., Constantia Flexibles Group GmbH, Huhtamaki Oyj, Inland Label & Marketing Services LLC, MPI Label Systems Inc., Resource Label Group LLC, Smyth Companies LLC, The Kennedy Group Inc., Weber Packaging Solutions Inc., Walle Corporation, Coast Label Company
Which Regions Offer the Highest Growth Potential in the Pharmaceutical Label Market?
North America was the largest region in the pharmaceutical label market in 2024. The regions covered in the pharmaceutical label market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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