Product Development to Motivate Growth of the Labelling Industry
Summary
Labelling Industry Value of 55 Billion, Statistics, 5.5 % of CAGR, Future Scope, Research Report and Industry Forecast to 2022 | Global Labelling Industry Information by Material (Metal, Polymer and others), by Mechanism (Pressure-sensitive, Glue-applied, Heat Transfer and others), by Application (Transportation, Construction, Automotive, Consumer Durables and others) and by Region – Forecast to 2022
Labelling Industry Synopsis
Industrial labels are used to disclose information about a product, right from its origin to its disposal. In most of the industry domains. Proper labeling is mandated by the governments. In this report, a detailed analysis of the global Labelling Industry is covered. It reveals that the global market is expected to exhibit steady growth over the forecast period.
Global Industrial Labels Market Size is Projected to Reach USD 55 Billion value by forecast 2022 at 5.5 % of CAGR.
Industry labels are leveraged by end-user industry leaders to attract more customers. The rising investments in packaging marketing are expected to drive the growth of the Labelling Industry in the nearby future. Also, the availability of a wide variety of customizable labels based on size and shapes is expected to influence the market greatly.
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Competitive Dashboard
- Avery Dennison Corporation
- Brady Corporation
- 3M Company
- Dunmore Corporation
- CCL Industries Inc.
- HB Fuller Co
- Cenveo Inc.
- Fuji Seal International Inc.
- Henkel Ag & Company
- Du Pont
are some of the participants of the global Labelling Industry. These players are expected to innovate new product lines in the coming years, which is poised to intensify competition among the players.
Industry News
In November 2019, Lecta, a manufacturer and distributor of specialty papers for beverage labels, showcased its products at the BrauBeviale 2019 with “Our Paper, Your Labels” as the slogan.
In October 2019, Fedrigoni, Italy's graphic and specialty paper company, has announced the acquisition of Ritrama for the expansion of its pressure sensitive labels line in Europe, Latin America, Asia, and Africa.
In October 2019, Ohio based Technicote has announced the launch of new adhesive for labels named Sub Zero. The product is a freezer grade hotmelt which can be used in below 0 temperatures.
Industrial Labels Market Segmentation
The segments of the global Labelling Industry, based on material, are polymer, metal, and others.
Based on mechanism, the Labelling Industry has been segmented into glue-applied, pressure-sensitive, heat transfer, and others.
Based on application, the segmental analysis of the Labelling Industry covers transportation, automotive, construction, consumer durables, and others.
Target Audience
- Manufactures
- Raw Materials Suppliers
- Aftermarket supplier
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Regional Analysis
The global Labelling Industry has been analyzed in detail for the regional assessment covered in the report. North America, Europe, Asia Pacific, and the Rest of the World (RoW) are the prime regional segments identified and assessed in the study by MRFR. These regional segments are then studied on a country-level basis for a detailed insight into the Labelling Industry. North America is, at present, leading the expansion of the market and is expected to continue its dominance over the next couple of years. The rising investments in the industrial sector are expected to drive the growth curve of the industry labels market in the region over the forecast period. In addition, the mandates issued by the governments regarding proper labeling of products that provide necessary information are expected to boost the growth of the industry labels market in the nearby future. Also, the rapid developments in the industry domains such as construction, automotive, consumer goods, etc. are projected to prompt market growth in the region across the assessment periods. In Asia Pacific, rapid industrialization is expected to lead the expansion of the industry labels market. Fast-developing economies are poised to contribute to the proliferation of the regional market in the forthcoming years. Also, integration of technological developments is likely to affect the growth curve positively.
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