Wet Glue for Labelling Market Research Report Information By Glue Type (Starch-Based, Protein-Based, Synthetic, Hybrid, Others) By Application (Brewery Labels, Mineral Water Labels, Soft Drink Labels, Wine and Spirits Labels, Pharmaceutical Labels, Personal Care and Cosmetics Labels, Food Labels, Other Applications), By Material Type (Paper Labels, Film Labels, Foil Labels, Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)- Industry Forecast to 2032
In 2023, the wet glue market for labeling was estimated to be worth USD 7,015.4 million. According to projections, the wet glue for labelling business will expand at a compound annual growth rate (CAGR) of 6.41% from USD 7,435.1 million in 2024 to USD 12,266.4 million by 2032. There are a number of factors driving the growth and expansion of the wet glue for labelling market. The growing need for packaged goods in a variety of industries, including food and beverage, pharmaceuticals, and cosmetics, is one of the main causes. The demand for dependable and effective labeling solutions is rising along with the number of products that are being packaged. The rising need for sustainable labeling solutions is one of the major industry trends. Businesses are looking for environmentally friendly labeling choices as the emphasis on environmental sustainability increases. As a result, recyclable and biodegradable label adhesives have been developed and are becoming more and more well-liked in the market. The market for wet glue for labeling is anticipated to expand in the next years for a number of reasons. The growing need for packaged goods, particularly in emerging nations where consumers are more conscious of the safety, hygienic, and quality of the goods they purchase, is one of the main contributing factors. Additionally, during the projected period, there will likely be profitable growth opportunities in the market due to innovation and development of new label types, such as smart labels, that can offer consumers more functionality and information, like temperature monitoring, tracking, and authentication.
Insights On Market SegmentsBased on the type of glue used, the Wet Glue for Labeling Market has been divided into five segments: Starch-Based, Protein-Based, Synthetic, Hybrid, and Others.
The Wet Glue for Labelling Market is divided into the following segments based on application: pharmaceutical labels, food labels, wine and spirits labels, soft drink labels, mineral water labels, brewery labels, personal care and cosmetics labels, and others.
Based on Material Type, the Wet Glue for Labelling Market has been divided into four segments: Paper Labels, Film Labels, Foil Labels, and Others.
Regional PerspectivesGeographically speaking, the markets for wet glue for labeling are divided into Latin America, North America, Europe, Asia-Pacific, and the Middle East and Africa. During the projected period, the Asia-Pacific Wet Glue for Labelling market is anticipated to generate a substantial revenue share, maintaining its highest market share. The demand for effective and affordable labeling solutions, like wet glue, is being driven by the region's economic expansion and population increase, which are resulting in a considerable increase in the production and consumption of a wide variety of items. The growth of the market is being driven by the region's manufacturing sector's continued expansion.
Important Market ParticipantsLappi, CCL Industries, Optimum Group, Asteria Group, KIC KRONES Internationale Cooperations, Chromaprint India Private Limited, All4Labels Global Packaging Group, Ahlstrom, Sappi, and Siegwerk Druckfarben AG & Co. KGaA are the major companies in the wet glue labeling market.