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Tuesday, August 16, 2022

Lucintel Forecasts Pharmaceutical Label Market to Reach $7.6 Billion by 2027

According to the recent study the pharmaceutical label market is projected to reach an estimated $7.6 billion by 2027 from $5.2 billion in 2021, at a CAGR of 6.4% from 2021 to 2027. Growth in this market is primarily driven by the pharmaceutical industry along with growing healthcare expenditures in developing economies.

Browse 129 figures / charts and 102 tables in this 195 -page report to understand trends, opportunities and forecast in pharmaceutical label market by label (pressure sensitive label, glue applied label, sleeve label, in mold label, and others), material (paper, polymer film, and others), application (instructional and decorative label, functional label, promotional and other label) end use (bottles, parenteral containers, blister packs, pre-fillable syringes, pre-fillable inhalers, pouches, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/pharmaceutical-label-market.aspx

“Pressure sensitive labels market is expected to remain the largest segment during the forecast period.”

Based on label type, the pharmaceutical label market is segmented into pressure sensitive label, glue applied label, sleeve label, in mold label, and others. Lucintel forecasts that the pressure sensitive labels market is expected to remain the largest segment due to labels are versatile, convenient to use, and available in different designs and patterns.

“Within the pharmaceutical label market, the bottles segment is expected to remain the largest end use.”

Based on end use the bottles segment is expected to witness the highest growth over the forecast period due to because they provide convenience, safety, and security for solid, liquid, and ophthalmic medication.

“North America will dominate the pharmaceutical label market in near future.”

North America is expected to remain the largest region due to recent technological advancements in pharmaceutical labels.  APAC is expected to witness the highest growth rate over the forecast period due to its growing pharmaceutical industry and stronger prevention of counterfeit pharmaceutical products.

Download Brochure of this report by clicking on https://www.lucintel.com/pharmaceutical-label-market.aspx

Major players of pharmaceutical label market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. CCL Industries, 3M, Essentra, Avery Dennison Corporation, MCC Label, SATO Holding Corporation, and Consolidated Label are among the major pharmaceutical label providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pharmaceutical-label-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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