Global Safety Labels Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A security label is a label attached to an item or contained in an item's instruction manual that warns that the user's risk is associated with the use of the item and may include restrictions on the manufacturer or vendor of certain uses.
Safety labels help companies identify employees and visitors, comply with safety regulations, warn employees of potential hazards and promote safer workplaces.
The Safety Labels product line will ensure that health and safety regulations are always known, that people are protected from harm and that any risks are clearly identified and minimized.
Market Overview:The latest research study on the global Safety Labels market finds that the global Safety Labels market reached a value of USD 25089.16 million in 2022. It’s expected that the market will achieve USD 33870.23 million by 2028, exhibiting a CAGR of 5.13% during the forecast period.
Opportunities
With the advancement of various supplier technologies, the production technology of Safety Labels is also constantly improving. A wider range of applications, higher product performance and more affordable product development will be one of the growth opportunities in this market in the future. The future development trend of Safety Labels will be more practical, more convenient and more environmentally friendly.
In recent years, the Food and Beverage Industry, Tobacco Industry and Chemical Industry market are expanding. Due to the development of modern society, it will continue to be a growing market in the future. While Safety Labels are in line with current eco-friendly developments, the demand for Safety Labels in these markets is expected to continue to grow, which will help the growth of the Safety Labels market.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:The top three companies are CCL Industries, Avery Dennison and Multi-colour Corporation with the revenue market share of 13.95%, 8.53% and 4.61% in 2018.
CCL Industries Inc. manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia.
Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. The company’s Label and Graphic Materials segment offers pressure-sensitive label and packaging materials; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films.
Segmentation Overview:Among different product types, Electrical Labels segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Food and Beverage Industry segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Safety Labels market covered in Chapter 3:Avery Dennison
Printpack
Advanced Labels
Jet Label
Brady Corporation
Maverick Label
CCL Industries
Multi-colour Corporation
3M
Clabro Label
Tapp Label Company
Mercian Labels
In Chapter 4 and Chapter 14.2, on the basis of types, the Safety Labels market from 2018 to 2029 is primarily split into:Chemical Labels
Hazardous Labels
Electrical Labels
Custom Labels
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Safety Labels market from 2018 to 2029 covers:Tobacco Industry
Electrical and Electronics Industry
Chemical Industry
Food and Beverage Industry
Pharmaceutical Industry
Others
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)