Self-Adhesive Labels Market Share, Size, Trends, Industry Analysis Report, By Type, By Nature, By Technology (Flexography, Digital Printing, Lithography, Screen Printing, Gravure, Letterpress, Offset), By Application, By Region; Segment Forecast, 2022 - 2030
- Published Date:May-2022
- Pages: 112
- Format: PDF
- Report ID: PM2373
- Base Year: 2021
- Historical Data: 2018 - 2020
Report Outlook
The global self-adhesive labels market was valued at USD 46.88 billion in 2021 and is expected to grow at a CAGR of 5.3% during the forecast period. In recent years, the global market has grown dramatically due to the rapid growth in the e-commerce business and increased demand across the food & beverages and pharmaceutical industries. A self-adhesive label is commonly used to attach label to the packaging.
Know more about this report: Request for sample pages
The essential information about the item is displayed on this label. They're also used for marketing to catch people's attention and entice them to buy something. These label tags are multi-faceted frames that hold data imprinted on the surface. The self-adhesive label has a broad scope due to its stickiness resistance towards UV, solvent, and shear, thereby increasing the aesthetic properties of packaging products, especially in the food & beverage sector. The self-adhesive label on packaging products makes choices simple for consumers and is time-saving. The self-adhesive labels market is being driven by increasing customer awareness of product ingredients and rising consumer demand for consumer goods.
The global self-adhesive labels market has been greatly affected by the COVID-19 pandemic, particularly in manufacturing and distributing unique products. The supply chain is expected to be disrupted as nations impose strict restrictions to restrict the spread of diseases. Most manufacturing organizations would struggle to keep supply and logistics networks running during the pandemic.
Labeling and label technologies play an essential role in the medical and food supply chains. Following the purchase of a product, firms provide product information to customers and supermarkets. They also enable doctors and pharmaceutical companies to provide specific information to each patient, making proper tracing and monitoring simpler along the value chain. Labeling is one of the sectors that play a crucial role in ensuring the safe distribution of pharmaceutical and food products worldwide.
The massive growth in demand for medical and pharmaceutical products has increased the need for a self-adhesive label. With increased COVID-19 cases, the demand for testing has simultaneously increased, surging the proliferation of self-adhesive label. For instance, increased demand for apparatus and adhesive label to identify test samples. Additionally, the shutdown has resulted in a substantial increase in the e-commerce business, which has raised the demand for packaging and labeling. This factor has significantly influenced the self-adhesive label market growth in the forecast period.
Moreover, the self-adhesive label has become quite popular in the post-pandemic, as they are being used as a reminder to people to keep social distance everywhere, including airports, railway stations, offices, and other locations. Hospitals, construction sites, and the medical industry request their services. Companies who create posters for COVID-19 signage sticks make sure that they cling nicely to the surfaces and do not leave any residue when removed. These posters are available in A3, A4, and circular pre-printed self-adhesive label in sizes A3 to A4.
Know more about this report: Request for sample pages
Industry Dynamics
Growth Drivers
Rising global demand for packaged meals, electronics, clothes, durable products, and non-durable things is driving demand for the self-adhesive label. As the world's population increases, so makes the demand for consumer goods, and everyday product use drives industry expansion even further. The rise in per-capita discretionary income drives up demand for FMCG goods, increasing self-adhesive label demand.
Labeling is applied to product packaging to raise consumer knowledge of the product they purchase and provide information about the components. Pharmaceutical firms, for example, utilize product label with logos and information to educate consumers well about the brand and its offerings. These label are long-lasting, and the writing on them does not fade. As a result, this aspect is expected to boost self-adhesive labels market growth.
Report Segmentation
The market is primarily segmented based on type, nature, technology, application, and region.
|
By Type |
By Nature |
By Technology |
By Application |
By Region |
|
|
|
|
|
Know more about this report: Request for sample pages
Insight by Component
Over the projection period, the release linear is anticipated to grow at the highest industry share over the forecast period. Pressure-sensitive label with release liners keep them from sticking to unwelcome surfaces. Release liners type label are used in various sectors for packing and labeling.
Paper is used in almost 90% of release liners due to its ease of availability and inexpensive cost. The remaining label use film release liners, which are more durable than paper liners but more expensive. It shields the label from dust and other small particles that can attach to the sticky side of the tags and compromise their adhering capacity. The release liner industry is expected to be driven by rising demand from the food and pharmaceutical industries.
Geographic Overview
North America is predicted to account for the largest revenue share and the fastest-growing region during the projection period. The extensive manufacturing base and growing e-commerce sector in the region are responsible for the subsequent growth in the market. Furthermore, increased spending power is expected to boost demand for consumer products, boosting self-adhesive label market growth. Due to the fast-paced lifestyle of the working population, there has been a considerable growth in demand for FMCG, ready-to-eat food, and beverages.
According to the United Nations Conference on Trade and Development (UNCTD), the United States witnessed a spike in online retail sales, from USD 598 billion in 2019 to USD 791.7 billion in 2020. The growing e-commerce sector in the country has significantly increased the market's growth.
The Asia Pacific is expected to witness the highest CAGR during the forecast period due to the region's easy availability of raw materials. Increased manufacturing operations in China and India are expected to enhance regional market advancement due to the availability of raw materials - plastic films, paper, adhesives, and other materials. Furthermore, Asia Pacific's highly populated countries, such as China, India, Indonesia, Japan, and Pakistan, have a large customer base for FMCG, food & beverage items, healthcare, and medical products, fueling regional demand.
Competitive Insight
Some of the market players operating in the global self-adhesive labels market include 3M, All4labels Group, Avery Dennison, BSP Labels, CCL Industries, Consolidated Label, Coveris Holdings, CS Labels, Dura-ID, Fuji Seal International, H.B. Fuller, Hally Labels, Huhtamaki, Inland Label, Lintec Corp, Mondi Group, Multi-Color Corp, Right Label Solutions Limited, Sato Holdings, Secura Labels, Skanem, Terragene, Torraspapel Adestor, and TOWER.
Self-Adhesive Labels Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2021 |
USD 46.88 Billion |
|
Revenue forecast in 2030 |
USD 73.97 Billion |
|
CAGR |
5.3% from 2022 - 2030 |
|
Base year |
2021 |
|
Historical data |
2018 - 2020 |
|
Forecast period |
2022 - 2030 |
|
Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2030 |
|
Segments covered |
By Type, By Nature, By Technology, By Application, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
|
Key Companies |
3M, All4labels Group, Avery Dennison, BSP Labels, CCL Industries, Consolidated Label, Coveris Holdings, CS Labels, Dura-ID, Fuji Seal International, H.B. Fuller, Hally Labels, Huhtamaki, Inland Label, Lintec Corp, Mondi Group, Multi-Color Corp, Right Label Solutions Limited, Sato Holdings, Secura Labels, Skanem, Terragene, Torraspapel Adestor, and TOWER. |
