As per Market Research Future (MRFR), the global self-adhesive labels market is projected to grow at a CAGR of 4.9% from 2017-2023 (forecast period). The report offers a comprehensive and in-depth review of the impact of the COVID-19 pandemic on the global self-adhesive labels market.
Self-adhesive labels are typically used to fix packaging. These labels provide essential information on the product. They are also used for decorative purposes to draw attention and entice consumers. These labels are multifaceted systems and contain information printed on the surface. Self-adhesive labels consist of three layers, i.e., the release liner, the adhesive layer, and the face material. The release liner is mainly made of paper, which is silicone coated on one side. Demand for self-adhesive labels is rising rapidly and is expected to develop at the same pace over the assessment period due to increasing consumer awareness of product content.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1333
High growth in the transport and logistics sector across the globe is a crucial driver of market growth. Strict government guidelines on food safety in emerging economies serve as a driving force for the development of the market for self-adhesive labels. In addition, the growing demand for consumer products alongside the flexible packaging industry will provide a range of growth opportunities for the market to expand in the near future. The popularity of these labels among manufacturers is growing due to their efficient labeling solutions and cost savings. This will further bolster the growth of the market. However, the fluctuating price of raw materials and the lack of awareness of different types of labeling techniques can hinder the growth of this market.
The global self-adhesive labels market has been segmented based on compositions, type, and application.
By compositions, the global self-adhesive labels market has been segmented into release liner, adhesive layer, and face stock.
By type, the global self-adhesive labels market has been segmented into the temporary or removable and permanent. Permanent labels had the highest market share in 2016. Permanent self-adhesive labels are commonly used in electrical and electronic appliances, HVAC, etc. These labels cannot be reused after using the contents inside the package and are normally used for singular usage. These labels offer product information to consumers and prove useful for branding and business communication. These features, which are provided by permanent self-adhesive labels, are therefore a significant factor in the huge segmental growth of the global market for self-adhesive labels. Temporary or removable self-adhesive labels are primarily used as price tags or advertisement materials.
By application, the global self-adhesive labels market has been segmented into consumer goods, food & beverages, pharmaceuticals, and others. Consumer goods dominate the application segment of the global market for self-adhesive labels. The food & beverage sector is expected to expand at the highest CAGR in the forecast period. Self-adhesive labels have a wide variety of applications in the F&B industry due to rising consumer awareness related to product content. The pharmaceutical industry is another major application of the market. These types of labels are used in pharmaceutical packaging items and provide a wide variety of functionalities, such as track and trace measures, anti-counterfeit measures, and product numbering. The increasing use of permanent self-adhesive labels in the pharmaceutical sector is boosting the growth of the industry.
North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions covered for outlining the prospects of the global self-adhesive label market.
North America is estimated to dominate the global market due to demand in the pharmaceutical sector. Inclusion of Braille labels on pharmaceutical products owing to the large number of vision-afflicted population can drive the demand in the global self-adhesive labels market. The U.S. is one of the biggest contributors of the region due to a large customer base and awareness of various labeling techniques.
APAC is expected to showcase the highest growth rate for the global self-adhesive labels market due to increase in industrialization and growth of the e-commerce sector. Changing lifestyle and rise in spending capacity in Indonesia, India, Japan, and China can drive the regional market growth.
Avery Dennison Corporation, Americk Packaging Group, CCL Industries Inc., SVS Labels, and Constantia Flexibles Group Gmbh are key players of the global self-adhesive labels market. Other players are Coveris Holdings S.A., Royston Labels Ltd., Henkel AG & Co., Mondi Group, H.B. Fuller Company, Müroll GmbH, UPM-Kymmene Oyj, and S&K LABEL spol.s.r.o. Expansions, mergers, and product developments are prime strategies being considered by players to sustain their position.
In order to produce Fasson and Jac self-adhesive papers in Europe, the Middle East and Africa, Lecta acquired Avery Dennison’s offset sheet company. Under a special restricted licencing arrangement, Lecta will produce and distribute Avery Dennison’s range of Fasson and Jac branded self-adhesive papers and films, keeping these products available across the current distribution network.
Access Report Details @ https://www.marketresearchfuture.com/reports/self-adhesive-labels-market-1333
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Browse Related Reports:
Antimicrobial Packaging Market Information By Material, By Type, By Application and Region – Forecast to 2027
Aseptic Packaging Market Information: by Material, Type, Application and Region – Forecast Till 2027
Autoclave Indicator Tape Market, By Method, By backing material and Region – Forecast to 2027
Baby Food Packaging Market Research Information-By Material Type, by sealing and handle, by application and by Region – Forecast to 2027
Beauty and Personal Care Packaging Market, By Materials, Product, Application and Region – Forecast To 2027
Beverage Cans Market Information Report by Material, by Application and By Region – Global Forecast To 2027
Beverage Packaging Market Information by Packaging Type, by Materials, By Products, and by Region – Forecast to 2027
Biodegradable Mulch Films Market, by Biodegradable Plastic, by Composition, by Region – Forecast to 2027
Bioplastic Packaging Market Information: by Type, Application, and Region – Forecast Till 2027
Blister Packaging Market Information by types, by applications, by production methods, by materials – Forecast to 202
Request for Report Discount:https://www.marketresearchfuture.com/check-discount/1333