Labels Market Size to grow by USD 13165 million between 2024-2028
According to a research report “ Labels Market” by End-user (Consumer goods, Cosmetics and personal care, Pharmaceuticals, Others) Type (Pressure-sensitive label, Glue-applied label, Sleeve label, In-mold labels) Geography (APAC, Europe, North America, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 13165 million, at a CAGR of 5.97% during the forecast period. The sleeve label market is projected to experience continuous growth during the forecast period, driven by the significant advantage of up to 150% container coverage compared to traditional pressure-sensitive labels, despite a 25% premium in cost. Sleeve labels, which cover the entire surface of the container, provide enhanced branding opportunities and eliminate the need for colored containers. The largest market segment is occupied by heat shrink sleeve labels, predominantly used for beverage labeling, including water, soft drinks, and juices..
Browse market data tables, figures, and in-depth TOC on “Labels Market” by End-user (Consumer goods, Cosmetics and personal care, Pharmaceuticals, Others) Type (Pressure-sensitive label, Glue-applied label, Sleeve label, In-mold labels) Geography (APAC, Europe, North America, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By End-user, the Consumer goods segment is projected to dominate the market size in 2024
In the consumer goods industry, labels play a pivotal role in various product categories, including food packaging, beverages, clothing, toiletries, and kitchenware. These labels serve multiple purposes, such as providing essential health and ingredient information, differentiating products from competitors, and adhering to regulatory requirements. Companies are continually innovating to create more effective and visually appealing labels. In the fast-moving consumer goods (FMCG) sector, labels are frequently updated to cater to evolving consumer preferences. Additionally, governments worldwide establish specific labeling guidelines to ensure product safety and compliance, such as those in China and Brazil.
By Type, Pressure-sensitive label segment is expected to hold the largest market size for the year 2024
In the labels market, pressure-sensitive labels have emerged as a preferred choice due to their self-adhesive nature and numerous advantages. These labels do not necessitate the use of fasteners, glue, heat, or water for application. The materials commonly used in their manufacturing include paper, coated paper films, and plastic films. The convenience of use, diverse design and graphic options, and versatility of pressure-sensitive labels make them an efficient solution. Their application process is faster than traditional label types, leading to significant time savings and increased productivity. As a result, they are increasingly replacing glue-applied labels in industries such as food and beverage and healthcare.
APAC is forecasted to hold the largest market size by region in 2024
In the dynamic business landscape, the Labels Market continues to be a significant player, providing innovative solutions for brand identification and product differentiation. Leveraging advanced technologies and design expertise, we cater to diverse industries, ensuring compliance with regulatory requirements and enhancing brand recognition. Our commitment to quality and customer satisfaction sets us apart, making us a trusted partner for businesses seeking to make their mark in the market.
The Labels Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Labels Market is a dynamic and diverse industry that caters to various sectors, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. In the packaging sector, labels play a crucial role in protecting and promoting products. Several types of plastic resins are used in label production, such as Polyethylene Terephthalate (PET), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyurethane (PU), Polyphenylsulfone (PPSU), Polyamide (PA), Polysulfone (PSU), Polycarbonate (PC), Polyphenylene oxide (PPO), and Polybutylene terephthalate (PBT). Natural rubber, wood, metals, and glass are also used for label production, depending on the specific application and product requirements. PET is widely used for beverage bottles due to its excellent barrier properties and transparency. PP is popular for its strength and durability, making it suitable for industrial and automotive labels. PPSU, PA, and PSU offer high temperature resistance and are commonly used in the automotive and aerospace industries. PC is known for its high impact resistance and is often used for industrial and electronic labels. Plastics, including the mentioned plastic resins, are the most commonly used materials for label production due to their versatility, cost-effectiveness, and ease of processing. However, the choice of material depends on the specific application and product requirements, including durability, temperature resistance, and chemical resistance.
Market Research Overview
The Labels Market is a dynamic and diverse industry that encompasses various types of materials used for labeling and packaging applications. Epoxy polymers, polystyrene, polyurethane, polycarbonate, acrylonitrile butadiene styrene, polyamide, polyvinyl chloride, polyethylene terephthalate, polyethylene, and various other engineering plastics such as PET, Polypropylene, Polyphenylsulfone (PPSU), Polyamide (PA), Polysulfone (PSU), Polycarbonate (PC), Polyethylene terephthalate (PET), Polyvinyl chloride (PVC), Polyurethane (PU), Polyphenylene oxide (PPO), Polybutylene terephthalate (PBT), and Polypropylene (PP) are widely used in the labels market. Major producers of plastic resins include China Petroleum, DSM, Arkema, and others. The market is influenced by various factors such as crude oil prices, petrochemical prices, carbon emissions, and the Packaging sector. The Clean Seas campaign, which aims to eliminate plastic waste in the oceans, has also gained significant attention in recent years. The labels market caters to various industries such as Electric Vehicles (EVs), Medical devices segment, Building & construction, and Packaging sub-segment. Technologies such as Blow molding, Thermoforming, and Injection molding are commonly used in the production of labels and packaging. Natural rubber, wood, metals, and glass are also used as alternatives to plastic resins in certain applications. The labels market is expected to grow in the coming years due to the increasing demand for sustainable and eco-friendly packaging solutions. In the context of the National Health Service, medical devices segment is a significant contributor to the labels market. The labels used in medical devices must meet stringent regulatory requirements, ensuring patient safety and efficacy. Similarly, in the Building & construction industry, labels are used for various applications such as fire safety, electrical safety, and warning labels. In the Packaging sub-segment, PET, PVC, and PP are commonly used for bottled water, soft drinks, and food packaging, respectively. The demand for sustainable and eco-friendly packaging solutions is increasing, and biodegradable plastics and recycled plastics are gaining popularity. The labels market is also influenced by the trends in various industries. For instance, the increasing popularity of Electric Vehicles (EVs) is expected to drive the demand for lightweight and durable engineering plastics such as Polycarbonate (PC) and Polyethylene terephthalate (PET) in the automotive industry. Similarly, the increasing demand for sustainable and eco-friendly packaging solutions is expected to drive the demand for biodegradable plastics and recycled plastics in the packaging sector. In conclusion, the labels market is a dynamic and diverse industry that caters to various applications and industries. The market is influenced by various factors such as crude oil prices, petrochemical prices, carbon emissions, and regulatory requirements. The increasing demand for sustainable and eco-friendly packaging solutions is expected to drive the growth of the labels market in the coming years.
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