Press release
Automotive Labels Market : Rising Trends and Demand with Research Insights by MRFR
Market Scenario
A Label is used to identify information written or printed on a piece of paper, cloth, polymer or other materials and attached to an article. Labels used in automotive industry are tough to stand up against harsh environments and provides identification, dating, usage information and security to assure customers that they are getting original manufacturer’s quality products. The market for automotive labels market is growing due to increasing demand for smart labels such as Barcode and RFID in automotive industry for automotive part’s safety, identification and information. Increasing demand for eco-friendly label production techniques is also a major driving factor for the growth of automotive labels market. However, rising raw material cost of labels act as a restraint in the growth of automotive labels market.
Global Automotive Labels market is expected to register a CAGR of about 5% during the forecast period, to reach USD 8.05 Billion by 2022.
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Regional Analysis of Automotive Labels Market
Asia Pacific is projected to be the largest market for Automotive Labels and is expected to be leading the market by the end of the forecasted period due to increasing demand of smart labels and environmental concerns for efficient labels production techniques in this region. Developing countries such as China, South Africa, Brazil and India are the key markets possesses great potential for automotive labels market in the Asia Pacific region.
Key Players
The leading players in the Automotive Labels market are 3M (U.S.), Avery Dennison Corporation (U.S), UPM-Kymmene Corporation (Finland), H.B. Fuller (U.S.), Sika AG (Switzerland), CCL Industries Inc. (Canada), Barry-Wehmiller Companies Inc. (U.S), Dunmore (U.S.), Lewis Labels Products Corp. (U.S), Precision Contract Manufacturing (U.S) and others.
Intended Audience
• Automotive components OEMs
• Automotive aftermarket manufacturers
• Package & Labels manufacturers
• Technology investors
• Government as well as Independent Regulatory Authorities
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The report for Automotive Labels market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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