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Cable labels are used to identify the cables. When cables are bundled together, labels help to identify the desired cable. Self-laminating cable labels are self-adhesive types of labels which are durable and can be used easily. They can be wrapped to the cable at terminated as well as unterminated cables. These labels have a writeable area where the identification data can be printed. These labels are available in 8 colours.
Increasing demand from electronic sector shall boost the market. The increasing use of cables, wires, optical fibers and other types of cables for electronic devices, machineries and other equipment is surging the demand for self-laminating cable labels. Additionally, the advantages like wrapping ability towards unterminated cables, durability over shrink tubes and rectangular labels is likely to positively impact the market.
However, there are many advanced labelling options like cable tags and duratags available in market. These are likely to hinder the market growth.
Based on type, the market is segmented into, write on cable labels, printable cable labels, and pre-printed cable. Based on application, the market is segmented into electronics, industrial, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Increasing demand from electronics sector.
Key Market Restraint -
Availability of advanced labeling options. Availability of advanced labeling options. Availability of advanced labeling options.
The global self-laminating cable labels market consists of global & regional players operating. Some of the key players in the market include TE Connectivity, Lem, Panduit, 3M, Phoenix Contact, Seton Lapp, Brother, Ziptape, HellermannTyton, Brady, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share attributed to the high demand from continuously developing electronic sector. Asia Pacific is expected to show significant growth attributed to the ample number of electronic devices and electrical equipment manufacturers. Europe is expected to show considerable growth due to rapid industrialization and substantially increasing demands for cables. Latin America and Middle East & Africa is expected to show sluggish growth by the end of the forecast period.
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