Global Labels Market 2024-2028

Global Labels Market 2024-2028

Global Labels Market 2024-2028

The labels market is forecasted to grow by USD 13165 mn during 2023-2028, accelerating at a CAGR of 5.97% during the forecast period. The report on the labels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for sleeve labels, growing demand from organized retail sector, and rise in demand for colored labeling.

Technavio's labels market is segmented as below:

• By End-user
• Consumer goods
• Cosmetics and personal care
• Pharmaceuticals
• Others
• By Type
• Pressure-sensitive label
• Glue-applied label
• Sleeve label
• In-mold labels
• By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increased implementation of barcode technology as one of the prime reasons driving the labels market growth during the next few years. Also, rising demand from beer and craft beverage industry and growing demand for sustainable labels will lead to sizable demand in the market.

The report on the labels market covers the following areas:

• Labels market sizing
• Labels market forecast
• Labels market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading labels market vendors that include 3M Co., Allcan Label, Amcor Plc, Avery Dennison Corp., Berry Global Inc., CCL Industries Inc., Cenveo Worldwide Ltd., Classic Label Inc., CMC Group Inc., Edwards Label Inc., Huhtamaki Oyj, Intertape Polymer Group Inc., LINTEC Corp., Mativ Holdings Inc., Mondi Plc, Multi Color Corp., Pdc International Corp., Progressive Label Inc., Smyth Companies LLC, and WestRock Co.. Also, the labels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.