Global Security Labels Market – Industry Analysis and Forecast (2018-2026)
Global Security Labels Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of around 8.2% during a forecast period.
Security labels protect the packaged product from counterfeiting and reduce shipping losses which might occur because of pilfering. Security labels can be applied to all sorts of primary packaging solutions with bottles, jars, boxes, pouches, and more.
Rapid industrialization and increasing economic development with a booming manufacturing sector are expected to boost the market for security labels in the developing regions across the globe. Growing cases of product theft and counterfeiting is leading to more manufacturers opting for security labels for product protection and brand misrepresentation which is expected to contribute significantly to the growth of the security labels market globally.
However, fluctuations in the prices of raw materials restricting the market from reaching its complete potential and rising environmental concerns shall hinder the market growth. The report provides detailed information related to dynamics, segmentation of the global security labels market and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.
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The food & beverage segment is expected to grow at the highest XX% CAGR during the forecast period. The demand generated from the food & beverage sector is expected to experience high growth, which can be attributed to the growing demand for packaged food and rising concerns about tamper-evident and counterfeited products. Manufacturers involved in beverage packaging are also employing security labels such as barcodes and holograms to incorporate security features in their packaging solutions.
The barcode segmented accounted for the largest XX% market share in 2018. Barcodes are largely used in various industries such as consumer goods, pharmaceuticals, transportation & logistics, and retail for keeping track of their products as well as for locating outgoing shipments and equipment. It is a cost-effective and most reliable method for gathering any kind of necessary data.
Region-wise, the Asia Pacific is expected to hold the largest XX% share of the market for the security labels during the forecast period. The retail industry is witnessing a tremendous boom in the region which is partly driving the market growth. Growing manufacturing activities such as consumer goods, also have a positive influence on the growth of the market. As disposable income increases, the purchasing power of the consumer increases which creates a huge opportunity for the global security labels market. China, Indonesia, India, and Japan are the crucial contributor to the Asia Pacific market.
A report covers a recent development in the security labels Market like in April 2017, CCL Industries, a leading manufacturer of specialty & security labels and packaging solutions, has completed the acquisition of two European online digital printing and direct-to-consumer businesses for its Avery division. This acquisition is expected to cause a significant increase in the European security labels market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Security Labels Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Security Labels Market.
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Scope of the Global Security Labels Market
Global Security Labels Market, By Type
• Branding
• Identification
• Informative
Global Security Labels Market, By Form
• Reels
• Sheets
Global Security Labels Market, By Identification Method
• Bar codes
• Radio-frequency identification
• Holographic
Global Security Labels Market, By Composition
• Facestock
• Adhesive
• Release liner
Global Security Labels Market, By Application
• Food & beverage
• Retail
• Consumer durables
• Pharmaceuticals
Global Security Labels Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Security Labels Market
• CCL Industries, Inc
• Honeywell
• UPM Raflatac
• Avery Dennison Corporation
• 3M
• Groupdc
• Label Lock
MAJOR TOC OF THE REPORT
Chapter One: Security Labels Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Security Labels Market Competition, by Players
Chapter Four: Global Security Labels Market Size by Regions
Chapter Five: North America Security Labels Revenue by Countries
Chapter Six: Europe Security Labels Revenue by Countries
Chapter Seven: Asia-Pacific Security Labels Revenue by Countries
Chapter Eight: South America Security Labels Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Security Labels by Countries
Chapter Ten: Global Security Labels Market Segment by Type
Chapter Eleven: Global Security Labels Market Segment by Application
Chapter Twelve: Global Security Labels Market Size Forecast (2019-2026)
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