Expansion of chemical industry across United States, China, Japan and South Korea to improve the GHS labels sales through 2021.
The global GHS labels market is expected to post higher gains through 2021, as demand from end-user industries manufacturers’ rises. Rise in export of chemical, fertilizers, and pharmaceuticals across the globe is fuelling the demand for GHS labels. Increased demand from agriculture sector and lucrative opportunities for safe packaging & delivery is advancing the GHS labels market growth.
As per FMI’s analysis, the GHS labels market posted modest gains in the historical period, expanding at a valuation of US$ 1.46 Bn in 2020 and is expected to gain momentum by 2030-end to reach a valuation at US$ 2.3 Bn by 2030-end.
Demand from chemical industry to ensure the safety regarding hazardous chemicals is the key factor for the improving sales of GHS labels. With the rising demand from chemical industry, the total manufacturing is expected to grow at a steady pace advancing the growth of GHS labels market. Stringent regulations focusing on the safe packaging is accelerating the GHS labels sales within manufacturing sector.
“Among end-users, manufacturers are expected to dominate the market with over half the market share for GHS labels,” remarks the FMI analyst.
Request a report sample with 202 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-9942
Discover more about the GHS labels market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/GHS labels-market
Leading manufacturers profiled by FMI includes Avery Dennison Corporation, UPM Raflatac, PPG Industries Inc., Brady Worldwide Inc., 3M Company, CCL Industries Corp, Reliance Label Solution Inc., HERMA GmbH, Weber Packaging Solutions, SATO America LLC, TCI America Inc., LOFTWARE Inc., and Brandywine Drumlabels LLC among others. Product innovation and R&D activities for better quality products are the strategies adopted by leading players to maintain their position in the industry.
For instance, on 17th March 2021, UPM Raflatac received a recycle content certification for its PET PCR labelling materials that are sold in the United States. The UPM Raflatac Vanish™ PCR range of clear, white and silver PET films label materials enables brands to maximize eye-catching visuals with more sustainable labels that support the circular economy that are incorporated for recycled content has been verified by SCS Global services.
Also, on 1st March 2021, leading player Avery Dennison completed the acquisition of JDC Solution Inc., a privately owned manufacturer of pressure-sensitive tapes in Tennessee.
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-9942
More Insights on FMI’s GHS labels Market
Future Market Insights presents a detailed segmentation on global GHS labels market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to gain a better perspective of the global market potential, its growth, trends, and challenges, the market is segmented on the basis of product type (pre-printed and personalized (on-demand)), size (215mm x 279mm, 215mm x 355mm, 210mm x 297mm, 148mm x 210mm and any other label size), material (polypropylene, polyethylene, polyester, polyimide, vinyl, and white thermal transfer/direct thermal paper), packaging format (primary containers and secondary containers), printing technology (thermal transfer, pigmented ink jet, and color laser), end-use (manufacturers and logistic & transport companies) across seven major regions.
Barcode Label Market: Future Market Insights offers an incisive coverage on global barcode label on the future expansion prospects, trends and challenges that market is likely to face in the upcoming decade. Key statistics regarding key segments have been presented across prominent geographies, along with a detailed assessment of the market’s competitive landscape.
Waterproof Label Market: The waterproof label’ market report published by Future Market Insights provides an in-depth analysis for future growth dynamics across key geographies and prominent segments. The report provides a holistic approach, mapping the drivers, opportunities and trends likely to prevail across the 2019-2029 decade.
Label Applicators Market: The label applicators’ market study published by FMI offers a comprehensive analysis and focused views on major trends expected to provide shape to future growth prospects. The report provides detailed analyses of the significant drivers, trends, challenges and opportunities prevailing for the forthcoming decade across key geographies and segments.
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.