Global Labels Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global labels market in its upcoming report titled, “Global Labels Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. global labels market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global labels market report has been segmented on the basis of type, material, end use and region.

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Label is referred to a display information in the form of written, electronic, or graphic communication on the product package. It functions to provide information about a product to the customers in order to provide information of using a tag. It also helps to market the product enabling customers to know about the item and give essential messages such as ingredients, instructions, and uses. The label is applied on a variety of sizes, materials, and shapes. It plays a key role as a point of sale display in the market shelves. It provides information about how to handle a product or how to dispose of it. Label is also used for security reasons so that a product should not be misused. Therefore, labels come with logo or the trademark of the company.  A label needs to fulfil with the Competition and Consumer Act 2010 (CCA). According to the Act it is mandatory to deliver information to consumers, such as: the mandatory consumer product information standards under the CCA, industry specific regulations, such as the Food Standards Code and Labels required by customs for some imported products under the Commerce (Trade Descriptions) Act.

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 global labels market over the forecast period.

Moreover, increasing adoption for labels in various sectors is the ongoing trend observed, which is expected to support market growth in the near future. The market players are engaged in developing more convenient solutions for labels, coupled with rising trend of adhesive technology that uses breakthrough formulation ensures clarity. Clean labelling and transparency enabling customers to know about the ingredients in the product which can be a potential opportunity for market players over the forecast period.

Currently, the market in North America dominates the global labels market in terms of revenue. The market in Asia Pacific is projected to have fastest growth with highest CAGR, owing economic development which is expected to boost the market.

Global Labels Market Segmentation:

Segmentation on the basis of type:

• Pressure-sensitive labels
• Glue-applied labels
• Sleeve labels
• In-mold labels

Segmentation on the basis of material:

• Paper
• Foil
• Plastic Films

Segmentation on the basis of end use:

• Automotive
• Fast moving consumer goods (FMCG)
• Healthcare & pharmaceutical
• Logistic
• Retail
• Manufacturing
• Others

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa