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Self-Adhesive Labels Market to Reach $64.9 Billion by 2028; Rising Adoption of Labels from the Consumer Goods Sector to Foster Market Growth

January 31, 2022 | Chemicals & Materials

The global self-adhesive labels market size is expected to exhibit strong growth by reaching USD 64.9 billion by 2028 from USD 42.9 billion in 2021. Fortune Business Insights™ in its report titled “Self-Adhesive Labels Market Size, Share & COVID-19 Impact Analysis, By Type (Linerless, Release Liner), By Label Type (Permanent, Removable), By Application (Food & Beverages, Pharmaceutical, Household & Personal Care, Consumer Goods, Others), and Regional Forecast, 2021-2028” observes that the market size stood at USD 15.5 billion in 2020 and is projected to exhibit a CAGR of 6.1% during 2021 and 2028. The rising adoption of labels from the consumer goods sector and increasing awareness of biodegradable products are expected to foster the growth of the market.


Increasing Demand from the Medical Sector During COVID-19 to Boost Industry Growth


This market is expected to be positively impacted during the COVID-19 pandemic because of the rising adoption of labels in the medical sector. The spread of COVID-19 infections has led to the increasing adoption of medical equipment, further resulting in a significant rise in the product’s adoption. Post lockdown relaxations are likely to bolster the production of packaging labels. The adoption of production machinery reduced capacities, and part-time shifts may enable manufacturers to recover losses and improve market position. These factors are likely to boost market growth during the pandemic. 


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/self-adhesive-labels-market-104289


Fedrigoni SpA Acquires Acucote Inc. to Expand its Brand Presence


In June 2021, a high value-added specialty packaging paper company Fedrigoni SpA acquired Acucote Inc., a manufacturer, and distributor of self-adhesive materials. This acquisition is the company’s third acquisition in 18 months and is expected to magnify the company’s business. Fedrigoni SpA previously acquired Mexican IP Venus and Italian Ritrama and is expected to reach a wider audience with this latest acquisition. The company specializes in wine labeling and holds a strong position in the personal care, beverage, pharma, logistics, household, and food sector. This strategy may allow the company to boost its production capacity and expand its brand presence in the U.S. Additionally, this acquisition may help the company establish a remarkable market position globally.


Increasing Applications in Several Industries to Boost Market Growth


Self-adhesive labels are used in several applications because of their rising demand from several industries. The labels display essential details such as expiry date, manufacturing date, content details, and others. Packaging stickers help consumers make an informed decision while selecting medical products. They are used in the consumer goods, food & beverage, medical, and pharmaceutical industry. These labels are also utilized for packaging electronics, clothing, non-durable and durable consumer goods, and others. This factor may boost its sales globally.


Further, rising per-capita income is responsible for the growth of FMCG goods sales. As a result, the adoption of these labels is increasing rapidly. They are also used for branding products by printing logos. For example, several pharmaceutical organizations utilize labels for branding their products and incorporating logos on products. In addition, their lower costs compared to digital printing are expected to bolster adoption. These factors are likely to drive the self-adhesive labels market growth. 


Companies Launch Innovative Products to Expand Product Portfolio


Prominent companies operating in the market announce innovative products to attract consumers’ attention and expand their product portfolio. For example, a German self-adhesive technology specialist company named “Herma” announced its novel wash-off label adhesive 52W for developing PET bottles in May 2021. This development may enable the company to attract consumers and expand its product portfolio. Moreover, the incorporation of acquisition strategies may help companies to strengthen their market position. For example, Geostick completed the acquisition of iPB Printing B.V. self-adhesive label division in August 2020. This strategy may enable iPB to focus on its in-mold labels (IML) division and flexible packaging and allow Geostick to strengthen its market position globally. 


Industry Development



  • June 2021: Scanket and Labelsupply, two specialist self-adhesive labels manufacturers, became a part of Optimum Group’s Nordic platform. The companies’ collaboration may help boost Optimum Group’s global presence in Nordic. 


LIST OF KEY MARKET PLAYERS PROFILED IN THIS REPORT:



  • 3M Company (Minneapolis, U.S.)

  • Axicon Labels (Oxfordshire, UK)

  • Avery Products Corporation (California, U.S.)

  • ETIS Slovakia (Bratislava, Slovakia)

  • UPM Raflatac (Helsinki, Finland)

  • Müroll GmbH (Frastanz, Austria)

  • Royston Labels Ltd (Royston, U.K.)    

  • S&K LABEL (Illinois, U.S.)

  • SVS Etikety (Karlstejn, Czech Republic)

  • Mondi Group (Vienna, Austria)

  • H.B Fuller (Minnesota, U.S.)

  • LEO DESIGNS AND PACKAGING PVT LTD (Himachal Pradesh, India)

  • Holoflex (West Bengal, India)

  • Avery Dennison Corporation (California, U.S.)

  • Pasky s.r.o. (Prague, Czech Republic)


Further Report Findings-



  • The market in Asia Pacific stood at USD 15.5 billion in 2020 and is expected to gain the most significant portion of the global self-adhesive labels market share. The easy availability of raw materials required for self-adhesive labels’ production is expected to boost the label’s adoption.

  • Moreover, the rising demand for labels from several end-use industries is likely to boost its sales. In addition, the increasing demand for labels from food & beverage, medical, healthcare, and FMCG foods are likely to fuel market progress.

  • According to application analysis, the food & beverage segment is likely to lead the market because of the rising adoption of ready-to-eat and convenience foods. The product's labeling provides detailed information regarding the ingredients being utilized, which, in turn, may propel market growth.


Report Scope & Segmentation






















































  ATTRIBUTE



  DETAILS



Study Period



2017-2028



Base Year



2020



 Estimated Year



 2021



Forecast Period



2021-2028



Historical Period



2017-2019



Unit



Value (USD Billion); Volume (Million Square Meters)



Segmentation



Type; Label Type; Application; and Region



By Type




  • Linerless

  • Release Liner



By Label Type




  • Permanent

  • Removable



By Application




  • Food & Beverages

  • Pharmaceutical

  • Household & Personal Care

  • Consumer Goods

  • Others



By Region




  • North America (By Type, By Label Type, By Application, By Country)



      • U.S. (By Label Type)

      • Canada (By Label Type)

      • Mexico (By Label Type)





  • Europe (By Type, By Label Type, By Application, By Country)



      • Germany (By Label Type)

      • U.K. (By Label Type)

      • France (By Label Type)

      • Italy (By Label Type)

      • Spain (By Label Type)

      • Rest of Europe (By Label Type)





  • Asia Pacific (By Type, By Label Type, By Application, By Country)



      • China (By Label Type)

      • Japan (By Label Type)

      • India (By Label Type)

      • South Korea (By Label Type)

      • Rest of Asia Pacific (By Label Type)





  • South America (By Type, By Label Type, By Application, By Country)



      • Brazil (By Label Type)

      • Argentina (By Label Type)

      • Rest of South America (By Label Type)





  • Middle East & Africa (By Type, By Label Type, By Application, By Country)



      • Saudi Arabia (By Label Type)

      • South Africa (By Label Type)

      • Rest of the Middle East & Africa (By Label Type)






Global Self-Adhesive Labels Market
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  • 2017-2019
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