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NEW YORK, July 24, 2023 /PRNewswire/ -- The global self-adhesive label market size is estimated to grow by USD 15,790.71 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.71% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 48%. For more insights on the historic market data (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report
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Self-adhesive label market - Segmentation AssessmentSegment OverviewThis report extensively covers market segmentation by end-user (food and beverages, personal care, consumer durables, healthcare, and others), type (permanent, removable, and repositionable), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The market share growth by the food and beverages segment will be significant during the forecast period. The growth is because this segment is the largest consumer of self-adhesive labels. Due to the growing demand for packaged food and beverages, brands are increasingly using self-adhesive labels to improve the appeal and shelf life of their products. Labels have several advantages such as easy installation, high print quality, and cost-effectiveness. Furthermore, the increasing demand for ready-to-eat foods also drives the demand during the forecast period.
Geography OverviewBy geography, the global self-adhesive label market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global self-adhesive label market.
APAC will contribute 48% to the growth of the global market during the forecast period. The introduction of advanced tagging technologies including RFID and NFC plays an important role in the market growth. Furthermore, labeling technologies adopted by companies in multiple industries help to provide consumers with real-time product tracking and to ensure its authenticity. Hence, owing to the favorable business environment and government initiatives to promote industrialization, the market is estimated to grow in the APAC region.
Insights on the market contribution of various segments, including country and region wise historic market data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report
Self-adhesive label market – Market DynamicsKey factor driving market growthThe increasing urban population drives the growth of the self-adhesive label market. Medications, drinks, fast-moving consumer goods (FMCGs), and consumer durables are all self-adhesive labeled products that have been in demand with the rising global urban population. Furthermore, improved standards of living will fuel the demand for branded items, which, in turn, drives the demand for self-adhesive labels. Hence, such factors are expected to increase the demand for self-adhesive labels, which is expected to propel the growth of the global self-adhesive label market during the forecast period.
Leading trends influencing the market
The implementation of two-dimensional (2D) and three-dimensional (3D) barcode technology is an emerging market trend. Identification and tracking of products are made easy with the help of barcode technology. 2D barcodes are becoming popular in the self-adhesive label industry as they store a large volume of data in a relatively small space, which makes them ideal for labeling products, tracking inventory, and managing logistics. Hence, such trends boost the growth of the self-adhesive label market during the forecast period.
Major challenges hindering the market growth
The increasing adoption of wet glue labels compared to self-adhesive labels challenges the growth of the market. Due to multiple advantages, the popularity of wet glue labels is increasing. Wet glue labels have a strong adhesive bond and superior adhesive strength and are more environmentally friendly. Furthermore, these labels can be easily removed from containers during the recycling process and also have better print quality than self-adhesive labels. Hence, such factors are expected to hinder the growth of the global self-adhesive label market during the forecast period to some extent.
Insights on Market Drivers, Trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!
What are the key data covered in this self-adhesive label market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the self-adhesive label market between 2023 and 2027
Precise estimation of the size of the self-adhesive label market and its contribution to the market with a focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the self-adhesive label market across APAC, Europe, North America, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of self-adhesive label market vendors
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Self-adhesive label market scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 5.71%
Market growth 2023-2027
USD 15,790.71 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.31
Regional analysis
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 48%
Key countries
US, China, Japan, Germany, and France
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Asteria Group, Avery Dennison Corp., BSP Labels Ltd., CCL Industries Inc., Coveris Management GmbH, CPC Montreuil, Fuji Seal International Inc., H.B. Fuller Co., HERMA GmbH, Holoflex, JK Labels Pvt. Ltd., LINTEC Corp., Optimum Group, SATO Holdings Corp., Skanem AS, Thai KK Industry Co. Ltd., Torraspapel S.A., UPM Kymmene Corp., Mondi plc, and Huhtamaki Oyj
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global self-adhesive label market 2017 - 2021
4.2 End-user Segment Analysis 2017 - 2021
4.3 Type Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Food and beverages - Market size and forecast 2022-2027
6.4 Personal care - Market size and forecast 2022-2027
6.5 Consumer durables - Market size and forecast 2022-2027
6.6 Healthcare - Market size and forecast 2022-2027
6.7 Others - Market size and forecast 2022-2027
6.8 Market opportunity by End-user
7 Market Segmentation by Type
7.1 Market segments
7.2 Comparison by Type
7.3 Permanent - Market size and forecast 2022-2027
7.4 Removable - Market size and forecast 2022-2027
7.5 Repositionable - Market size and forecast 2022-2027
7.6 Market opportunity by Type
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
9.4 Europe - Market size and forecast 2022-2027
9.5 North America - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 China - Market size and forecast 2022-2027
9.9 US - Market size and forecast 2022-2027
9.10 Japan - Market size and forecast 2022-2027
9.11 Germany - Market size and forecast 2022-2027
9.12 France - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Asteria Group
12.4 Avery Dennison Corp.
12.5 CCL Industries Inc.
12.6 Coveris Management GmbH
12.7 CPC Montreuil
12.8 Fuji Seal International Inc.
12.9 H.B. Fuller Co.
12.10 HERMA GmbH
12.11 Huhtamaki Oyj
12.12 LINTEC Corp.
12.13 Mondi plc
12.14 Optimum Group
12.15 SATO Holdings Corp.
12.16 Torraspapel S.A.
12.17 UPM Kymmene Corp.
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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