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Increased pharmaceutical drug launches are likely to drive innovation in pharmaceutical label manufacturing, propelling the market during the forecast period.

The global pharmaceutical label market is expected to grow from $5.88 billion in 2022 to $6.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The global pharmaceutical label market size is expected to reach $8.45 billion in 2027 at a CAGR of 7.4%.

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Global Pharmaceutical Label Market Segments Include:

• By Type: Pressure-Sensitive Label, Glue-Applied Label, Sleeve Label, In-Mold Label, Other Types
• By Material: Paper, Polymer Film, Other Materials
• By Application: Instructional Label, Decorative Label, Functional Label, Promotional Label, Other Applications
• By End Use: Bottles, Blister Packs, Parenteral Containers, Pre-Fillable Syringes, Pre-Fillable Inhalers, Pouches, Other End Uses
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global pharmaceutical label market in 2021.

Major Market Players in the pharmaceutical label market include CCL Industries, 3M Company, Essentra PLC, Avery Dennison Corporation, Multi-Color Corporation, SATO Holding Corporation, Consolidated Label Co., Bemis Manufacturing Company.

Product innovations are the most prominent trends in the pharmaceutical label market. Companies in the pharmaceutical label industry are introducing novel goods to maintain their market position. For example, in October 2022, Schreiner Group, a healthcare labelling company based in Germany, will develop Pharma-Tac tic label and Autoinjector-label, two sustainable functional labels. They are specifically constructed with recycled or renewable raw material film materials, removable documentation pieces, and anti-slip features. To demonstrate the performance of sustainable materials, the labels were subjected to a battery of rigorous tests, including load and gravitational experiments, as well as adhesive and ink adhesion testing.

The Pharmaceutical Label Global Market Report 2023  provides a pharmaceutical label market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pharmaceutical label market forecast analyzes pharmaceutical label market size, pharmaceutical label market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The pharmaceutical label is a piece of written or printed material that is attached to a prescription or drug product and contains vital information about the drug such as expiration dates, administration instructions, and ingredient lists.

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