Market Overview:
According to a recent study report published by the Market Research Future, The global market of self-adhesive labels is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).The report also highlights active participation of leading manufacturers in the growth of the market. Some of them are profiled in the report such as UPM-Kymmene Oyj, Henkel AG & Co., Mondi Group, S&K LABEL spol.s r.o., and 3M Company.
The manufacturing of self-adhesive labels uses a material made up three materials: paper of the label is stuck by its adhesives on another silicon paper, which is the backing. The food industry and the sector of cosmetics are the two major sectors using self-adhesive labels. However, with a variety of finishes, adhesive strengths and printing methods, self-adhesive label becomes a lot more sophisticated. Moreover, due to the vast range of purposes and conditions, the variety of labels on the market.
The self-adhesive labels are used in paper bar codes, electronic labels, price tags in supermarkets, labels on the bottles, video and audio tapes. Self-adhesive vinyl labels printed with UV resistant eco-solvent ink, reinforced with UV, chemical, abrasion, and moisture resistant laminate layer. The market for self-adhesive products covers a big variety of applications with very different requirements for the performance of the adhesives. Additionally, Self-Adhesive Labels Market are emerging as an alternative to glue applied labels by reducing efforts to manually apply glue to each label. Additionally, eliminating manual process helps to reduce cost and Self-adhesive labels being automatic process are likely to be implemented for bulk application at higher pace.
The label has always been considered as secondary packaging. However, it has a major role to play in management, warning, information and in the use for the conditioned products. Its use is now very common in every kind of conditioning and has an infinite number of shapes. The label is directly linked to the process of conditioning and packaging.
Using high performance self-adhesive labels can save time and reduce costs by omitting the need for additional fixing products. Ideal for applications where temperature resistance is needed, extensively used in diverse industries such as pharmaceuticals, cosmetic, food manufacturing and others. These labels are manufactured using quality materials such as copper printing paper, PET, PE, PVC, BOPP, or as custom requirements. The demand for convenience packaging is growing all the time. This mainly takes the form of PET bottles in the drinks sector and resalable plastic packaging in the food sector. Most plastic packaging and PET bottles still have paper labels. The demand for plastic recycling is growing strongly, though, and paper labels cause problems when separating the raw materials. Therefore, now increasingly being replaced by plastic labels, which may or may not be self-adhesive.
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Key Players:
Avery Dennison Corporation, Americk Packaging Group, Constantia Flexibles Group Gmbh, SVS Labels, CCL Industries Inc., H.B. Fuller Company, Müroll GmbH, Constantia Flexibles Group GmbH, Coveris Holdings S.A., Royston Labels Ltd., UPM-Kymmene Oyj, Henkel AG & Co., Mondi Group, S&K LABEL spol.s r.o., and 3M Company are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Self-Adhesive Labels market
Self-Adhesive Labels Market Competitive Analysis
Self-Adhesive Labels market appears to be competitive with the presence of several large and small players operating in the Self-Adhesive Labels Market. These Key players compete based upon pricing, quality, Technology and reputation. Self-Adhesive Labels market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Self-Adhesive Labels market strive to respond to the growing demand for Self-Adhesive Labels from the technologies such as track-and-trace technologies, such as RFID and barcode. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.
News:
Jul 4, 2017: Henkel closes acquisition of Darex Packaging Technologies and Sonderhoff Group. This Strengthening Company’s portfolio through targeted acquisitions.
Self-Adhesive Labels Market – Segments:
Global Self-Adhesive Labels Market is segmented in to 5 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Compositions: Release liner, adhesive layer, face stock, and others
Segmentation by Chemical properties: Acrylic, Vinyl, Polyurethane, and others
Segmentation by Type: Release liner and Liner-less
Segmentation by Application: Consumer goods, Food & beverages, Pharmaceuticals, Personal care, and others
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
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Self-Adhesive Labels Market – Regional Analysis
The Asia-Pacific region is expected to grow the highest in the forecast period due to the presence of developing nations such as China and India, increase in the health & safety concerns among people, and the rapid increase in demand for consumer goods and lifestyle products. China is a leading manufacturer and supplier of printing materials and equipment. Thus, the region showcases huge growth opportunities for the variable data printing labels market.
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