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24 Jul, 2023, 11:30 ET

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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!

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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