Global Clothing Print Label Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Clothing Print Label is made of various materials, including satin polyester fiber, coated polyester fiber, ironing material and nylon material. Clothing Print Label contains a variety of information such as clothing materials, brand names and other information. These labels usually indicate how items should be washed (for example, machine washing and dry cleaning) and whether bleach can be used.
Market Overview:
The latest research study on the global Clothing Print Label market finds that the global Clothing Print Label market reached a value of USD 2353.36 million in 2022. It’s expected that the market will achieve USD 2791.55 million by 2028, exhibiting a CAGR of 2.89% during the forecast period.
Market Drivers and Impact
Indian clothing industry is one of the largest employment sectors in India after agriculture, and it is also the sixth largest export industry in the world. India produces various types of clothing, including woven and knitted clothing. Tiruppur, Mumbai, Bangalore, Delhi, Ludhiana and Chennai are important manufacturing centers in India. With the promotion of the Made in India movement by the government, the clothing industry will recover shortly, and India will become a major country exporting clothing to the world. With the rapid development of Indian clothing industry, there is a growing demand for Clothing Print labels. India's labor force is abundant and cheap, which provides the foundation for the manufacturing of Clothing Print Label industry. Relevant policy support and investment from European and American countries will also bring development opportunities to Indian Clothing Print Label industry. According to the research data, it is predicted that the value of Clothing Print Label industry in India will reach M USD 64.5 in 2025.
Market Challenges and Impact
The Federal Trade Commission (FTC) enforces the Care Labelling Rules, which require manufacturers and importers to attach care instructions to clothing. The FTC has information about other rules relating to the fiber content on textile labels, country of origin and manufacturer identity. Failure to provide reliable maintenance instructions and warnings for the useful life of items is a violation of the FTC Act. Violators will face enforcement action, with a maximum fine of $16,000 per violation. Clothing labels must have instructions for washing or dry cleaning. If the item can be washed and dry cleaned, the label only needs to use one of these instructions. Sometimes, clothing cannot be washed or dry cleaned safely due to a specific combination of components, but manufacturers still want to market them. The label must say, No bleach or Do not bleach. The relevant strict policies and regulations put forward requirements for the production of Clothing Print Label, which will pose certain challenges to Clothing Print Label industry.
Region Overview:
Americas had the highest growth rate of all regions.
Company Overview:
Mergers & Acquisitions, Expansion
January 4, 2021-Avery Dennison announced today that it has acquired the business of Ohio-based ACPO Ltd. for the purchase price of $87.6 million, subject to certain post-closing adjustments. ACPO is a leader in pressure-sensitive over-laminate products for the label and flexible packaging markets and has approximately 170 employees.
Avery Dennison has acquired the majority of ACPO's assets, including coating, finishing and distribution operations at its Oak Harbor, Ohio, headquarters, as well as three finishing and distribution sites in Atlanta, Georgia; Oak Creek, Wisconsin; and Vancouver, Washington. ACPO employees will transition to the Avery Dennison Label and Graphic Materials team.
Toronto, November 30, 2020 - CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today the closing of the acquisition of Super Enterprises Printing (Malaysia) Sdn. Bhd. (SEP), based in Kuala Lumpur, Malaysia. The company now trades as CCL Design with immediate effect.
CCL Industries is one of the major players operating in the Clothing Print Label market, holding a share of 12.90% in 2020.
Segmentation Overview:
Among different product types, Button segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Women's Clothing segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Clothing Print Label market covered in Chapter 3:
R - Pac
ITL Group
Finotex
Jointak
Trimco Group
CCL Industries
Avery Dennison
SML Group
In Chapter 4 and Chapter 14.2, on the basis of types, the Clothing Print Label market from 2018 to 2029 is primarily split into:
RFID Tag
Care Label
Brand Name
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Clothing Print Label market from 2018 to 2029 covers:
Women's Clothing
Men's Clothing
Children's Clothing
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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