Expanded Content Labels Market Driven by Increasing Demand from Various End-user Industries Such as Food & Beverages and Healthcare
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Expanded content labels are cost-reducing solution, space-saving to carry more information and have branding flexibility. It provides benefits like mail-in rebates, increased space for instant redeem coupons, regulatory information, and cross-promotional literature. Expanded content labels are flexible to virtually any container, provide reseal features for repeated reference, and are customized to meet the detailed requirements of a product. Among types of expanded content labels, folded leaflets are made from a single sheet of paper are cross-promotions and coupons and are suited for rebates. Moreover, multi-ply labels comprise of two or more layers, which are printed on both sides and are basically designed for solutions that need repeated use and a slim profile. Expanded content label market is expected to witness a demand growth during the forecast period.
Expanded Content Labels Market: Market Dynamics
The growth in the expanded content labels market is primarily attributed to the rising awareness for the content of the product. Increasing demand from various end-user industries such as food & beverages, healthcare, cosmetic, chemical and many others are the major factors responsible for the increasing global demand for expanded content labels market. Moreover, the other factors such as the promotion of the product by the company and increasing demand of various unique attractive packaging style are fueling the growth of expanded content labels market. Expanded content labels market is driven by a high growth owing to the adaptability feature of the labels to fit into any container shape.
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On the other hand, the major factor which is restraining the growth of expanded content labels market are this packaging is time-consuming and rising environmental concern among consumers.
Expanded Content Labels Market: Market Segmentation
The global Expanded Content Labels market is segmented into three parts based on the packaging type, product type, end-user, and geography.
Based on the packaging type of technology expanded content labels market is segmented into:
Folded Leaflet Expanded Content Labels
Multi-Ply Expanded Content Labels
Based on the product type the global Anti-Counterfeit Packaging market is segmented into:
Pressure Sensitive ECL
Cut Stack ECL
Based on the end-use the global expanded content labels market is segmented into:
Pharmaceuticals & healthcare
Beauty and Personal Care
Clothing & accessories
Expanded Content Labels Market: Regional Outlook
Regarding geography, the expanded content labels market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. The global expanded content labels market is expected to register healthy CAGR during the forecast period. North America is experiencing the rapid increase in the production capacity of the particular product. Also, the demand for the expanded content labels market is very high in US and Canada due to rising focus towards food safety concerns, higher adoption rates of packaging technologies and the rising awareness towards product content details largely contribute to market growth. Asia Pacific is also expected to witness steady growth in expanded content labels market during the forecast period primarily attributed to a growing level of awareness for food safety and with interventions from global anti-counterfeit trade associations to mitigate counterfeit activities, especially in China and India. The Europe expanded content labels market is projected to register healthy growth for the early adoption by the marketers.
Expanded Content Labels Market: Key players
Some of the key player’s global expanded content labels market are CCL Industries, Fix-a-Form Expanded Content Labels, Luminer Converting Group, JH Bertrand, Western Shield Label Company and many others. Capacity of expanded content labels market to meet the increasing demand of the product by developing new production plants or by the acquisition of small players in the market.
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