Press release
Multi-Part Labels Market to Reach USD 3.11 Bn by 2035 - Strong Uptick in APAC, Europe, USA & Saudi Arabia
On the product-type front, the multi-part barcode labels segment is anticipated to command over 41 % of market share through the forecast window, driven by growing demand for traceability and compliance.
In terms of end-use, food & beverages is expected to capture nearly 49 % of the global market by 2035, reflecting the increasing importance of labeling for regulation, tamper-evidence and supply chain transparency.
Regional Value-Paragraph
Regionally, North America remains a major market, supported by advanced regulatory regimes, high packaging innovation and increasing demand for secure labels in logistics and manufacturing. Europe follows closely with strong activity in sustainable and high-tech labelling solutions. Meanwhile, the Asia-Pacific region is slated for the highest growth pace, thanks to rapidly expanding food & beverage, pharmaceutical and industrial sectors in India, China and Southeast Asia, offering significant incremental value opportunities for label producers and converters.
Segment Overview
The multi-part labels market is segmented by product type (e.g., barcode multi-part labels, standard multi-part labels), printing technology, end-use industry and region. The barcode multi-part labels segment leads thanks to the need for dual- or multi-layer tracking, increased anti‐counterfeit demand and integration with smart packaging. End-use segmentation reveals food & beverages as the dominant domain, followed by healthcare/pharma, logistics/inventory management and manufacturing. In printing technology, digital and high-speed roll-to-roll processes are gaining ground over legacy flexo/offset as converters seek agility and customization.
Regional Overview
Across geographies, the Americas market is mature, driven by packaging innovation, regulation and retrofit of legacy systems. Europe is characterised by high regulatory compliance, sustainability mandates and demand for premium label formats. In the Asia-Pacific region, growth is propelled by rising consumer markets, industrialisation and investments in packaging infrastructure - making it a key frontier for market entrants and existing players alike. Meanwhile, Latin America and Middle East & Africa present emerging opportunities, albeit with more gradual adoption and infrastructure build-up, positioning them as incremental growth zones over the coming decade.
Competitive Landscape
The global competitive landscape in the multi-part labels market is moderately consolidated. The top three players - including firms such as CCL Industries, Avery Dennison and Multi Color Corporation - together account for around 19 % of the market share. Other significant players include UPM Raflatac and Schreiner Group, bringing the cumulative share of the top five to approximately 31 %. Competitive differentiation is driven by innovative materials (e.g., plant-based adhesives), digital printing, RFID integration, tamper-evident construction and sustainability credentials. New entrants and regional converters are also active, seeking to capitalise on volume growth in emerging markets.
Market Outlook: Powering the Next Decade
As we look ahead to 2035, the multi-part labels market is expected to nearly double in size, creating an incremental opportunity of approximately US$ 1.26 billion. Growth will be powered by three main pillars: (1) heightened supply-chain traceability demands across food, pharma and logistics; (2) the transition to digital and smart labelling technologies (e.g., barcode + RFID, interactive labels); and (3) sustainability imperatives prompting converters and end-users to adopt bio-based materials, recyclability and lighter-weight constructions.
The decade ahead will see multi-part labels evolving beyond static tracking to become dynamic pieces of interactive packaging ecosystems - unlocking new value for brand owners, converters and consumers alike.
Key Players of Sustainable Label Industry
Among the key players driving sustainable innovation in this space are CCL Industries, Avery Dennison, Multi-Color Corporation, UPM Raflatac and Schreiner Group. These firms are advancing offerings such as plant-based adhesives, tamper-evident and recyclable label systems, digital-print multi-layer formats and smart-tracking solutions, thereby setting the benchmark for the future of multi-part labelling. The competitive edge increasingly lies in sustainable credentials, smart formats and global/regional supply-chain reach.
Recent Strategic Developments
Recent strategic moves underscore the pace of industry evolution - for example:
• CCL Industries launched interactive, smart-tracking multi-layer labels in March 2024.
• Avery Dennison developed recyclable, tamper-proof labels targeted at pharmaceutical applications in April 2024.
• Multi-Color Corporation expanded its digital-print personalised label offering in May 2024.
• UPM Raflatac introduced plant-based adhesive multi-part labels in June 2024.
• Schreiner Group enhanced its security-label portfolio with RFID-enabled multi-part constructs in July 2024.
These strategic initiatives reflect the convergence of sustainability, digital printing and smart functionality in the multi-part labels space.
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