Self-Adhesive Labels Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The Business Research Company’s Self-Adhesive Labels Global Market Report 2024 offers crucial insights into the self-adhesive labels market help businesses analyse and build stronger strategies.
The self-adhesive labels market has witnessed a robust surge in recent times, underpinned by compelling growth drivers. With a notable increase from $53.55 billion in 2023 to $57.15 billion in 2024, the market is projected to maintain its momentum at a compound annual growth rate (CAGR) of 6.7%. Key factors fueling this growth include:
- Urbanization and Retail Expansion
- Logistics and Supply Chain Needs
- Customization and Personalization Trends
- Brand Identity and Marketing Initiatives
- Consumer Goods Packaging Requirements
Promising Forecast Ahead
Looking ahead, the market is poised for even stronger growth, with projections indicating a climb to $75.94 billion by 2028, boasting a CAGR of 7.4%. Anticipated catalysts for this expansion encompass:
- Growing Demand Across Industries
- Embrace of Sustainability and Eco-Friendly Labels
- Integration of Digitalization in Label Printing
- Optimization of Supply Chain and Logistics
Emerging Trends
In the forecast period, several trends are expected to shape the landscape of the self-adhesive labels market:
- Advancements in Adhesive Technology
- Adoption of Smart Labels and Track-and-Trace Solutions
- Emphasis on Brand Differentiation and Marketing
- Focus on Supply Chain Efficiency
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Self-Adhesive Labels Market Soars On Surging Packed Product Consumption
Impact of Packed Product Consumption
The rising consumption of packed products serves as a significant driver of growth in the self-adhesive labels market. The surge in packaged product consumption is driven by various factors, including:
- Increasing Dual Household Incomes
- Longer Working Hours
- Demand for Ready-to-Eat Foods, Snacks, and Beverages
Industry Insights
Notably, the demand for packaged food products has witnessed a substantial uptick, as exemplified by retail sales in China. Such trends underscore the critical role of self-adhesive labels in ensuring product protection and brand integrity throughout the supply chain.
Self-Adhesive Labels Market Embrace Sustainability With Recycled Pet Materials
Focus on Sustainability
Major players in the self-adhesive labels market are prioritizing sustainability by introducing innovative products, such as self-adhesive materials made from recycled PET. These materials offer enhanced sustainability while delivering optimal performance and durability.
Industry Developments
For instance, HERMA GmbH launched self-adhesive materials for labels made from recycled PET, catering to the growing demand for eco-friendly packaging solutions. Such initiatives underscore the industry’s commitment to environmental stewardship and consumer preferences for sustainable products.
Multi-Color Corporation Strengthens Presence In Australasia With Hexagon Label Group Acquisition
Strategic Acquisitions
In a strategic move to expand its footprint, Multi-Color Corporation (MCC) acquired Hexagon Label Group, bolstering its presence in Australasia. This acquisition enables MCC to tap into the burgeoning self-adhesive labels market in Australia and New Zealand, thereby enhancing its market position and offerings.
Segmentation Insights
Adhesive Type
- Hot-melt
- Emulsion Acrylic
- Solvent-based
Nature
- Permanent
- Removable
- Repositionable
Composition
- Release Liner
- Adhesive Layer
- Face Stock
Printing Technology
- Flexography
- Digital Printing
- Lithography
- Screen Printing
- Gravure
- Letterpress
- Offset
End Users
- Food and Beverages
- Pharmaceuticals
- Tracking, Logistics, and Transport
- Home and Personal Care
- Consumer Durables
- Others
Regional Dominance
Asia-Pacific emerged as the largest region in the self-adhesive labels market in 2023 and is poised to maintain its position as the fastest-growing region in the forecast period.
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The Self-Adhesive Labels Global Market Report 2024 provides a comprehensive outlook of the self-adhesive labels market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The self-adhesive labels market forecast offers a thorough analysis on self-adhesive labels market size, self-adhesive labels market share, prominent players and their strategies.
The Table Of Content For The Self-Adhesive Labels Market Include:
1. Self-Adhesive Labels Market Executive Summary
2. Self-Adhesive Labels Market Segments
3. Self-Adhesive Labels Market Size And Self-Adhesive Labels Market Growth Rate
4. Key Self-Adhesive Labels Market Trends
5. Major Self-Adhesive Labels Market Drivers
……
25. Key Mergers And Acquisitions In The Self-Adhesive Labels Market
26. Top Self-Adhesive Labels Companies
27. Self-Adhesive Labels Market Opportunities And Strategies
28. Self-Adhesive Labels Market, Conclusions And Recommendations
29. Appendix
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