The Industrial Labels Market size is estimated at USD 24.93 billion in 2024, and is expected to reach USD 32.10 billion by 2029, growing at a CAGR of 5.19% during the forecast period (2024-2029).
The industrial labels market is fragmented, with key players such as Avery Dennison Corporation, 3M Company, CCL Industries Inc., Brady Corporation, and UPM Raflatac. Companies are focused on innovating new solutions to the industry through acquisitions, collaborations, or investments to expand their portfolio.
In March 2024, UPM Raflatac, a leading global provider of cutting-edge and eco-friendly self-adhesive paper and film solutions, inaugurated a new slitting and distribution hub in Mumbai, India. This latest addition to their network aims to enhance the service and quality offered to their valued regional customers while reinforcing their strong partnerships.
In March 2024, UPM Raflatac and Mark Andy, a prominent manufacturer of narrow web printing equipment, extended their strategic alliance for the fifth year. This partnership seeks to provide the market with high-quality and innovative label printing solutions, combining UPM Raflatac's extensive range of sustainable label materials and Mark Andy's cutting-edge printing technologies.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook