Self-adhesive Labels Market Witness Highest Growth in Near Future | Hally Labels, Right Label Solutions Limited, Consolidated Label

The package has a seal to prevent dust from entering. They are used to present important product information and attract customers. According to the latest report by Market Research Future (MRFR), the global self- adhesive labels market is projected to reach USD 76.42 billion by 2027 from an estimated USD 46.31 billion in 2020, at a CAGR of 6.7% from 2021 to 2027. MRFR is a leading research and consulting firm that can provide insight into emerging niche markets and established industries.
Market range

The global self-adhesive label market is driven by growth in the transportation and logistics sector. Changing producer preferences and rising disposable incomes are likely to increase demand for these labels. Adherence to food security policies and shelf life of perishable products in developing countries may drive market demand. The demand for consumer products and the popularity of these labels could bode well for the market.

The COVID-19 pandemic has disrupted label makers' supply chains due to production restrictions. However, the reopening of the pharmaceutical, consumer goods and consumer electronics sectors could lead to a recovery in the global self-adhesive label market.

However, lack of knowledge about different types of labels can hinder market growth.

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Segmentation

According to the composition, it is divided into protective film, adhesive layer and face material. The tampon release segment is likely to experience the highest demand in the market during the forecast period due to the simple label with the tampon attached.The  availability of different shapes and sizes is likely to drive the growth of the segment. there is.

By type, they are divided into removable and permanent. Permanent labels have gained a large market share because they are cheap and cannot be removed. Corrugated boxes, films, and non-polar surface applications are likely to drive its demand during the forecast period. They are used in HVAC and electrical and electronic products. Removable labels, on the other hand, may see demand in the form of price tags and advertising material.

By application, it is segmented into pharmaceuticals, food and beverages, consumer goods, and others. Consumer goods are likely to dominate the market due to increased online shopping and the preference for labels over packaging for product and customer safety. Conversely, food and beverages are likely to create the greatest demand for vouchers thanks to their huge fresh and prepared food markets. High demand for quality processed food is likely to drive the demand for this segment.

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Regional analysis

North America, Asia Pacific (APAC), Europe and Rest of the World (RoW) are the major regions covered in defining the outlook for the global self-adhesive labels market.

North America is estimated to dominate the global market due to demand in the pharmaceutical sector. Due to the large number of people with visual impairments, the inclusion of Braille labels in pharmaceuticals is likely to stimulate demand in the global self-adhesive label market. The United States makes an important contribution to the region due to its large customer base and knowledge of various labeling techniques.

APAC is expected to exhibit the highest growth rate in the global self-adhesive label market, owing to increasing industrialization and growth in the e-commerce sector. Lifestyle changes and increasing purchasing power in Indonesia, India, Japan and China are likely to boost the growth of the regional market.

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Key Players

Avery Dennison Corporation, Americk Packaging Group, CCL Industries Inc., SVS Labels and Constantia Flexibles Group Gmbh are major players in the global self-adhesive label market. Other players are Cobelis Holdings SA, Royston Labels Limited, Henkel AG & Co., Mondi Group, HB Fuller Company, Muroll GmbH, UPM-Kymmene Oyj and S&K LABEL spol.sro. Expansions, mergers and product development are key strategies. Players think they will hold their position.

Industry news

May 2021    – Catalent invests in two Herma US wraparound labelers for manufacturing biologics, including COVID-19 vaccines. 

Due to the growing awareness of paper waste, manufacturers are introducing eco-labels made from paper that is 50% fresh, sun-dried fiber. The manufacturer says he uses two adhesive coatings. Suitable for cosmetics, food and beverage industry.
UV-sensitive labels are embedded in the pulp and evenly distributed on the paper. When exposed to sunlight, the fibers of the tag glow, indicating the authenticity of the tag. These are used as security labels.

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Market Research Futures (MRFR) is a global market research firm that prides itself on providing comprehensive and accurate analysis of various markets and consumers around the world. MRFR's approach combines proprietary information with a variety of data sources to provide clients with a broad understanding of the latest major developments, anticipated events, and actions to be taken based on these.

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