Print Label Market Size to grow by USD 11.8 billion between 2024-2028
The Print Label Market is segmented by Type (Pressure-sensitive, Glue-applied, Sleeving, In-mold, and Others), End-user (Food, Non-food retail, Industrial and logistics, Beverage, and Others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 11.8 billion, at a CAGR of 4.59% during the forecast period. There are several companies that are contributing to the market as per this report. Increased implementation of barcode technology .
By Type, the Pressure-sensitive segment is projected to dominate the market size in 2024
In the dynamic world of labeling solutions, pressure-sensitive labels have emerged as a preferred choice for businesses due to their numerous advantages. These self-adhesive labels, which do not necessitate fasteners, glue, heat, or water for application, are manufactured using materials such as paper, coated paper films, and plastic films. Their convenience, versatility, and availability in various design and graphic options have made them increasingly popular. Moreover, the application process for pressure-sensitive labels is significantly faster than traditional labeling methods, resulting in substantial time savings and improved efficiency. Consequently, they have supplanted glue-applied labels in various sectors, including food and beverage and healthcare, owing to their advantageous properties.
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By End-user, Food segment is expected to hold the largest market size for the year 2024
In the food industry, print labels play a crucial role in providing essential product information to consumers. These labels are utilized for various food products, including packaged foods, wine bottles, and frozen foods. They serve multiple purposes, such as health information labels and distribution labels. With growing consumer awareness regarding product ingredients, the demand for print content labels has surged. In the food and beverage sector, labels carry critical data on nutritional components like fat, saturates, carbohydrates, sugars, protein, and salt. As modern retail trade expands globally, with the proliferation of supermarkets and convenience stores, the need for an extensive range of frozen food products increases, thereby boosting the demand for print labels.
Why is APAC forecasted to hold the largest regional market size in 2024?
In the dynamic print label market, businesses require high-quality and customized solutions to meet their unique branding needs. Our professional team specializes in designing, producing, and delivering superior print labels that enhance brand identity and streamline inventory management. By leveraging advanced technologies and industry expertise, we ensure accurate and timely label production, ensuring your business stays competitive.
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Research Analysis Overview
The print label market is a dynamic and evolving industry that caters to various sectors, including pharmaceuticals, food and beverage, and consumer goods. One of the significant trends in label printing is the focus on environmental impact, with an increasing demand for eco-friendly labels made of materials like paper, cloth, and biodegradable polymers. Setting up a label printing business involves initial costs, including equipment, software, and supplies. Digital printing technology offers versatility and high-quality prints, making it a popular choice for small and medium-sized businesses. Operational efficiency is crucial in this industry, and advanced label printing solutions enable quick turnaround times and customization. Label printing plays a critical role in the supply chain by providing essential information such as product details, barcodes, and traceability codes. Precautions, storage instructions, side effects, and other warnings are also essential to ensure consumer safety. Pharmaceutical labels, for instance, require anticounterfeit measures like holograms, foil, or barcodes to prevent counterfeiting. Furthermore, labels can be made of various materials like metal, plastic, fabric, and foil, depending on the product and application. Labels can also include barcodes, QR codes, and other tracking technologies to enhance consumer engagement and improve product tracking. Overall, the label printing industry offers a wide range of opportunities for businesses seeking to optimize their supply chain, improve product quality, and engage consumers.
Market Research Overview
The print label market encompasses a complex and fragmented supply chain for metal, glass, and plastic containers. This intricate ecosystem involves various stakeholders, including raw material suppliers and providers of steel, aluminum, tin for metal containers; borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass for glass containers; and high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC) for plastic containers. The process begins with raw material procurement, followed by research and development to create the desired product, large-scale manufacturing to meet market demands, and culminates in distribution through multiple channels to reach end-users. - The Print Label Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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