Labels Market By Type (Pressure-sensitive Labels, Glue-applied Labels, Sleeve Labels, and In-mold Labels), By Material (Paper, Foil, and Plastic Films), By End-User (Automotive, Fast Moving Consumer Goods, Healthcare & Pharmaceutical, Logistic, Retail, Manufacturing, and Others), and By Region - Trend, Analysis, and Forecast 2029

Labels are printed pieces of polymer, paper, film, and other materials imprinted on the package or are affixed to the product itself. Labels are used in most sectors of the global economy, but mainly in packaging applications. Such kind of labels provides general information regarding the product. There is an increase in the labels production because of the rising demand for technologies as well as new designs, varieties, shapes, and sizes of the manufactured labels. Labels make a strong influence on the buying decisions of consumers and brand promotion of a product.

The major driver for the labels market includes 2D and 3D barcode technology. 2D and 3D barcode labels can be identified and read using mobile phones through quick response, contributing to the global market development. Additionally, increasing demand of labels owing to growing number of large retail chains which demands need for differentiation of products and increasing e-commerce such as online shopping is a key factor driving the growth of the market. Increasing supply chain & warehousing industry, and essential government regulations such as to basic product information on characteristics, health/safety and nutrition are other factors expected to fuel growth of the labels market over the forecast period. However, increase in price of raw-materials is the major restrain for the global market. Increasing environmental problems and needs to reduce pollution have propelled the use of recyclable materials in labeling, especially plastic, and the use of resins derived from renewable resources which are boosting the growth of the global market.

The labels market is segmented on the basis of type, material, end-users, and by region.

On the basis of type, the target market is segmented into pressure-sensitive labels, glue-applied labels, sleeve labels, and in-mold labels. Based on material, the global market is sub- segmentation into paper, foil, and plastic films. On the basis of end-user global market is segmentation into automotive, fast moving consumer goods (FMCG), healthcare & pharmaceutical, logistic, retail, manufacturing, and others.

 Regional Insights:

On the basis of region, target market is categorized into North America, Europe, Asian Pacific, Latin America, and Middle East & Africa.

North America dominates the labels market in terms of revenue. Europe forecast to slower growth, due to under performance of largely anticipated economies of Russia and Brazil, which are the dominating label markets in their respective region. In contrast, the Asia Pacific region is expected to register the fastest growth among the regional markets, even if the massive Chinese market’s growth slows considerably as its economic growth decelerates. Manufacturing activity also shows a high forecast growth in the Middle East & Africa region over the forecast period.

The Key players operating in the labels markets includes Avery Dennison Corp., Bemis,  Inc., CCL Industries, Inc., LINTEC Corp., Berry Global Inc., Cenveo, Inc., Constantia Flexibles GmbH, Hood Packaging, and Intertape Polymer Group.