Jun 05, 2023
Self
News provided by 24 Jul, 2023, 11:30 ET Share this article NEW YORK, July 24, 2023 /PRNewswire/ -- The global self-adhesive label market size is estimated to grow by USD 15,790.71 million from 2022 to
News provided by
24 Jul, 2023, 11:30 ET
Share this article
NEW YORK, July 24, 2023 /PRNewswire/ -- The global self-adhesive label market size is estimated to grow by USD 15,790.71 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.71% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 48%. For more insights on the historic market data (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report
What's New?
Self-adhesive label market - Segmentation AssessmentSegment OverviewThis report extensively covers market segmentation by end-user (food and beverages, personal care, consumer durables, healthcare, and others), type (permanent, removable, and repositionable), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
Geography OverviewBy geography, the global self-adhesive label market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global self-adhesive label market.
Insights on the market contribution of various segments, including country and region wise historic market data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report
Self-adhesive label market – Market DynamicsKey factor driving market growthThe increasing urban population drives the growth of the self-adhesive label market. Medications, drinks, fast-moving consumer goods (FMCGs), and consumer durables are all self-adhesive labeled products that have been in demand with the rising global urban population. Furthermore, improved standards of living will fuel the demand for branded items, which, in turn, drives the demand for self-adhesive labels. Hence, such factors are expected to increase the demand for self-adhesive labels, which is expected to propel the growth of the global self-adhesive label market during the forecast period.
Leading trends influencing the market
The implementation of two-dimensional (2D) and three-dimensional (3D) barcode technology is an emerging market trend. Identification and tracking of products are made easy with the help of barcode technology. 2D barcodes are becoming popular in the self-adhesive label industry as they store a large volume of data in a relatively small space, which makes them ideal for labeling products, tracking inventory, and managing logistics. Hence, such trends boost the growth of the self-adhesive label market during the forecast period.
Major challenges hindering the market growth
The increasing adoption of wet glue labels compared to self-adhesive labels challenges the growth of the market. Due to multiple advantages, the popularity of wet glue labels is increasing. Wet glue labels have a strong adhesive bond and superior adhesive strength and are more environmentally friendly. Furthermore, these labels can be easily removed from containers during the recycling process and also have better print quality than self-adhesive labels. Hence, such factors are expected to hinder the growth of the global self-adhesive label market during the forecast period to some extent.
Insights on Market Drivers, Trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!
What are the key data covered in this self-adhesive label market report?
Gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Related Reports:
The print label market is estimated to grow at a CAGR of 4.58% between 2022 and 2027. The size of the market is forecast to increase by USD 11.29 billion. This report extensively covers market segmentation 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). The growing demand from the organized retail sector is notably driving market growth.
Global electronic shelf label market size is expected to increase by USD 502.23 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 16.33%. Furthermore, this report extensively covers electronic shelf label market segmentation by technology (radio frequency, infrared, and others), product (LCD ESL, full graphic e-paper ESL, and segmented e-paper ESL), end-user (supermarkets and hypermarkets, convenience stores, department stores, and mass merchants, and drug stores, pharmacies, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The implementation of in-store technologies is one of the key drivers supporting the electronic shelf label (ESL) market growth.
Self-adhesive label market scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 5.71%
Market growth 2023-2027
USD 15,790.71 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.31
Regional analysis
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 48%
Key countries
US, China, Japan, Germany, and France
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Asteria Group, Avery Dennison Corp., BSP Labels Ltd., CCL Industries Inc., Coveris Management GmbH, CPC Montreuil, Fuji Seal International Inc., H.B. Fuller Co., HERMA GmbH, Holoflex, JK Labels Pvt. Ltd., LINTEC Corp., Optimum Group, SATO Holdings Corp., Skanem AS, Thai KK Industry Co. Ltd., Torraspapel S.A., UPM Kymmene Corp., Mondi plc, and Huhtamaki Oyj
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
SOURCE Technavio
Technavio