Self-Adhesive Label Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Permanent Self-Adhesive Labels Set to Maintain Dominance in Global Market
The global self-adhesive labels market is poised for continued growth, with the permanent labels segment leading the charge over the forecast period 2024-2031.
Unwavering Market Attractiveness
The attractiveness of the permanent labels segment remains notably high, with an estimated incremental opportunity of over US$ 10 billion expected between 2024 and 2031. The permanent labels segment is anticipated to retain its allure throughout the assessment period.
Drivers of Growth
Affordability and superior adhesion capabilities are key drivers fueling the growth of permanent self-adhesive labels. These labels, once affixed, cannot be easily removed without causing damage, thus safeguarding product authenticity and integrity. Furthermore, their role in anti-counterfeit measures bolsters their indispensability across various industries.
Versatile Applications
Permanent self-adhesive labels find extensive applications not only in food and consumer goods packaging but also in pharmaceutical packaging. In the rapidly expanding retail sector, where diverse product categories abound, the demand for these labels continues to surge. Their aesthetic characteristics, coupled with features such as high print finishing and material options, further contribute to their popularity.
Pharmaceutical Packaging Boost
In the pharmaceutical industry, permanent self-adhesive labels play a crucial role in ensuring compliance with regulatory standards and combating counterfeit activities. With the complexities of the pharmaceutical supply chain, these labels offer functionalities such as track-and-trace measures and anti-counterfeit safeguards, thus driving revenue growth in the permanent labels segment.
Regional Outlook
North America is poised to witness significant growth in the permanent labels segment, with a forecasted CAGR of 5.4%. In 2023, the market share of permanent self-adhesive labels in North America exceeded 75%, a figure expected to rise to nearly 80% by 2031. Similarly, in Europe and the Asia-Pacific regions, the adoption of permanent labels is on the rise, particularly in the food industry, signaling promising growth prospects.
Competitive Analysis
Key companies functioning in the global self-adhesive label market including:
• Lintec Corporation
• Avery Dennison Corporation
• Thai KK
• UPM-Raflatac
• PMC LABEL
• Fuji Seal International, Inc.
• CCL Industries
• Symbio, Inc.
• Others
Market Segmentation
By Label Type
• Permanent
• Removable
By Face Material Type
• Paper
• Plastic
By End Use Industry
• Food & Beverages
• Pharmaceuticals
• Tracking, Logistics & Transport
• Home & Personal Care
• Consumer Durables
• Others
By Region
• North America
• Latin America
• Europe
• APAC
• MEA
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