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Labels Market: Key Players and Driving Factors Analysis

Labels Market

 

 

 

 

 

 

 

Labels Market: Introduction

Transparency Market Research delivers key insights for the labels market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global market is projected to expand at a CAGR of 5% during the forecast period, owing to technological advancement in retail industries and e-Commerce industries, about which TMR offers detailed insights and forecasts in the labels market report.

The labels market analysis is based on numerous parameters such as product, printing technology, ink type, material, and the consumption in end-use industries in different regions. TMR analyzed that labels are primarily essential for minimizing human errors. Furthermore, it helps to obtain product information within milliseconds. Labels on the product increases the speed of supply chain management. Furthermore, it enhances the manufacturing and packaging process through easy tracking of work-in-progress.

As per TMR analysis, Pressure Sensitive Labels (PSL) is expected to hold 75% of the market share by the end of 2027, owing to high printing quality, good moisture resistance, and less maintenance requirement.

High Consumption Accompanied with Exceptional Growth Opportunities in APAC

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Attributing to the rapid expansion of food & beverage industry in Asia Pacific, the labels market is expected to increase with the exponential growth rate during the forecast period. Furthermore, countries such as China, India, and Japan are leading in terms of supermarkets, hypermarkets, and retail sector development, which will propel huge demand for labels in these regions. Following to this, Europe is expected to hold nearly one-fourth market share of the global labels market.

Innovation and Acquisition – Key Trends in Labels Market

Labelling results in numerous benefits to end users. With increasing demand for design level innovations and data security, manufacturers are more inclined toward product development, such as the inclusion of RFID, QR Code, BARCODE, and several other technologies. For instance:

Furthermore, key players are also focusing on increasing global footprints through mergers, acquisitions, and partnerships. For instance:

Labels Market: Competition Landscape

The global market for labels is highly competitive, with presence of well-established market participants. Key players operating in the global labels market include CCL Industries Inc, Fuji Seal International, Inc, 3M Company, Multi-Color Corporation, Avery Dennison Corporation, Fort Dearborn Company, Klöckner Pentaplast Europe GmbH & Co KG, Coveries Houldings, Huhtamäki Oyj, Lintec, WS Packaging Group, Inc, Walle Corporation, Resource Label Group, LLC, Hub Labels, Inc., Axiom Label Group, Anchor Printing, Traco Manufacturing, Inc, H. Derksen & Sons Company, and Reflex Labels Ltd, among others. As per Tier Structure, CCL Industries Inc., Fuji Seal International, Inc., 3M Company, Avery Dennison Corporation, and Coveris Holdings are Tier 1 players in the labels market. These companies have been investing million dollars for implementation of advanced technology and geographical expansion in the untapped markets. Furthermore, Tier 2 players are Huhtamäki Oyj, Lintec Corporation, Fort Dearborn Company, and Multi-Color Corporation hold 1/5 of the global labels market share.

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Global Labels Market Segmentation

Labels Market by Product

Labels Market by Material

Labels Market by Printing Technology

Labels Market by Ink Type

Labels Market by End Use

Labels Market by Region

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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