Laminated Labels Market Grows at a CAGR of 4 % by 2022
Laminated Labels Market Overview
The global laminated labels market is assessed to showcase fast-paced ascension at 4% CAGR during the forecast period ending by 2022. The key drivers of the global laminated labels market include increasing demand for consumer products and growth noted in the logistics industry. Also, growing manufacturing activities are expected to foster the growth noted in the global laminated labels market.
Moreover, laminated labels have a vast scope of application in multiple end-user industries as the lamination of labels makes sure that the label is readable for longer period.
Key Players
- Avery Dennison Corporation
- CCL Industries Inc.
- 3M Company
- Constantia Flexibles Group GmbH
- Coveris Holdings S.A.
- R. Donnelley & Sons Company
- Torraspapel Adestor
- Bemis Company, Inc.
- Flexcon Company, Inc.
- Stickythings Limited
Market Segmentation
The laminated labels market is segmented on the basis of printing technology, application, and region. Based on printing technology, the global laminated labels market is segmented into flexographic, lithography, and digital printing.
Based on application, the global laminated labels market is segmented into consumer goods, food & beverages, personal care, and pharmaceuticals. The segment of food and beverages is likely to spearhead the global laminated labels market. This can be credited to the rising awareness of consumers towards authentic products. Apart from that, higher durability and growing preference towards packaged and branded products is likely to foster higher growth for the global laminated labels market. The home and personal care segment is anticipated to hold the second-largest share of the global laminated labels market owing to the growing demand for the same due to rising disposable income and growing awareness towards the appearance by consumers.
Target Audience
- Manufacturers of laminated labels
- Importers and exporters of laminated labels
- Traders, distributors, and suppliers of laminated labels
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Competitive Landscape
The global laminated labels market is anticipated to generate higher revenues from a rising number of acquisitions and merger strategies by the market players. These strategies are undertaken by these market players to capture a significant share of the laminated labels market. The competitive landscape of the market is expected to be highly intensive in the forthcoming years owing to the increasing number of new entrants in the laminated labels market.
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