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Thursday, November 2, 2023

Global Self-Adhesive Label Market is Anticipated to Grow at a CAGR of 5.9% during 2024 to 2030

The future of the global self-adhesive label market looks promising with opportunities in the food & beverage, consumer durable, pharmaceutical, home & personal care, retail label, and e-commerce markets. The global self-adhesive label market is expected to reach an estimated $70.4 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are rising worldwide appetite for packaged food, electronics, apparel, durable goods, and non-durable items, increase in per-person disposable income, and significantly growing e-commerce industry.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the self-adhesive label market by type (release linear and linerless), nature (permanent, removable, and repositionable), technology (flexography, digital printing, lithography, screen printing, gravure, letterpress, and offset), application (food & beverages, consumer durables, pharmaceuticals, home & personal care, retail labels, e-commerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, release liner and lineless are the major segments of self-adhesive label market by type. Lucintel forecasts that release liner will remain the higher growing segment over the forecast period because of availability of pressure-sensitive labels with release liners prevent them from adhering to unintended surfaces, as well as the it finds utility across diverse industries for packaging and labeling purposes.

Within this market, food and beverages will remain the largest segment over the forecast period due to consumer's preference for ready-to-cook and ready-to-eat convenience meals, growing popularity of packaged foods, as well as, introduction of new delivery apps, such as zomato, uber eats, and swiggy.

North America will remain the largest region over the forecast period due to presence of manufacturing base and growing e-commerce industry, rise in purchasing power, as well as, changing lifestyle of working population in the region.

3M, Avery Dennison, BSP Labels, CCL Industries, Consolidated Label, Coveris Holdings, and CS Labels are the major suppliers in the self-adhesive label market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email
roy.almaguer@lucintel.com
Tel. 972.636.5056

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