Global Self-Adhesive Labels Market

Self-Adhesive Labels Market Size, Share, Growth Analysis, By Type(Linerless and release liner), By Application(Food & beverage, pharmaceutical, household & personal care, consumer goods), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2171 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Self-Adhesive Labels Market Dynamics

Self-Adhesive Labels Market Drivers

Increasing demand for packaged foods and beverages

  • The growing demand for packaged foods and beverages is driving the growth of the self-adhesive labels market, as these products require labeling for identification and branding purposes.

Growing e-commerce industry

  • The rise of e-commerce has led to a significant increase in demand for self-adhesive labels, as these labels are often used for shipping and logistics purposes.

Demand for variable data printing

  • Variable data printing is becoming increasingly important for companies that want to personalize their labeling and improve traceability and security.

Emergence of smart labeling solutions

  • Smart labeling solutions, such as those using RFID or NFC technology, are becoming increasingly important in a wide range of industries, including healthcare, logistics, and retail.

Growing demand for sustainable and eco-friendly labeling solutions

  • Consumers are increasingly concerned about the environmental impact of packaging, and many are looking for more sustainable and eco-friendly labeling solutions.

Self-Adhesive Labels Market Restraints

Environmental concerns

  • Self-adhesive labels contain adhesives, release liners and other materials that can be difficult to recycle or dispose of in an eco-friendly manner. This has led to increased scrutiny of the environmental impact of self-adhesive labels, which may deter some customers from using them.

Increasing competition from alternative labeling solutions

  • While self-adhesive labels remain a popular labeling solution, other labeling technologies such as direct printing, sleeves, and in-mold labels are gaining in popularity. This increasing competition may limit the growth of the market.

High capital investment required

  • Self-adhesive label production requires significant capital investment in equipment, materials, and technology. This high initial investment can make it difficult for new players to enter the market, limiting competition and innovation.

Challenges in label printing and finishing

  • Self-adhesive label printing and finishing require specialized equipment and expertise, and can be complex and time-consuming processes. This can increase production costs and limit the ability of smaller players to compete.

Volatility in raw material prices

  • The self-adhesive labels market relies heavily on the availability and pricing of raw materials, such as adhesives, release liners, and face stock. Volatility in the pricing of these materials can impact production costs and limit profitability.
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FAQs

Self-Adhesive Labels Market size was valued at USD 46.88 billion in 2019 and is poised to grow from USD 49.36 billion in 2023 to USD 74.62 billion by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).

The global self-adhesive labels market is a competitive and diverse industry, with many established players and new entrants vying for market share. The market is expected to continue to grow in the coming years, driven by the increasing demand for efficient and cost-effective labeling solutions in a wide range of industries. 'Avery Dennison Corporation', 'CCL Industries Inc.', 'UPM Raflatac', 'Multi-Color Corporation', 'Constantia Flexibles Group GmbH', 'Huhtamaki Oyj', '3M Company', 'Coveris Holdings S.A.', 'Mondi Group', 'Sappi Limited', 'Lintec Corporation', 'Fuji Seal International Inc.', 'Inland Label & Marketing Services, LLC', 'Luminer Converting Group, Inc.', 'NAStar Inc.', 'Reflex Labels Limited', 'Americk Packaging Group', 'Skanem AS', 'Labels Unlimited Inc.', 'Consolidated Label Co.'

The growing demand for packaged foods and beverages is driving the growth of the self-adhesive labels market, as these products require labeling for identification and branding purposes.

Growing demand for digital printing: Digital printing technology has revolutionized the self-adhesive labels market, allowing for faster turnaround times, lower costs and greater flexibility in label design. As a result, there is a growing trend toward the use of digital printing technology in the production of self-adhesive labels.

Asia Pacific dominated the global market share and is expected to maintain its dominance during the forecast period, owing to factors such as cheap availability of raw materials and rising demand from various end-use sectors, which may boost the customer base. Due to the cheap accessibility of raw materials like adhesives, paper, plastic films, and others, manufacturing activities are projected to increase in China and India, which would likely accelerate the development of the regional market. Furthermore, the demand for consumer goods like FMCG, food and beverage items, healthcare, and medical products would be fueled by the densely populated nations of Asia Pacific like India, China, Indonesia, Bangladesh, Japan, and Pakistan.

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Global Self-Adhesive Labels Market

Report ID: SQMIG15E2171

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