Laminated Labels Market
Laminated Labels Market Forecasts to 2028 – Global Analysis By Composition (Facestock, Adhesive), Finish (Matte, Semi-Gloss), Printing Technology, and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2021) |
US $100.34 BN |
|
Projected Year Value (2028) |
US $136.55 BN |
|
CAGR (2021 - 2028) |
4.5% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Laminated Labels Market is accounted for $100.34 billion in 2021 and is expected to reach $136.55 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Labels are used to display information in the form of electronic, written, or graphic communication on the product package. Laminated labels are resistant to extreme temperatures and UV light and withstand the harsh conditions that can cause physical damage to unlaminated items. Laminated labels cover details regarding the product, such as product name, address, market information, ingredients, QR code, barcode, etc.
Increasing per capita income, along with the rise in the demand from the end-use sectors such as pharmaceutical, food, and beverages, FMCG is driving the labels market. According to a survey by the International Food Information Council, in 2019, 59% of respondents said that they always read labels on packaged food before buying it for the first time and among those, the nutrition facts panel (69%) and the ingredient list (67%) are the two places where the most consumers look for information about food healthfulness. Therefore, information labeling on a food package would have a strong influence on a consumer’s purchase decision thereby propelling the market growth.
Market Dynamics:
Driver:
Increasing demand from the medical and healthcare sector
The laminated labels give the benefit of higher durability, and medical and healthcare products need labels that have to last for long because it has important descriptions on their labels. Because of this benefit, laminated labels are utilized in pharmaceuticals and medical devices. The demand for laminated labels is expanding because of the increasing production of pharmaceuticals, this is accelerating the laminated labels market growth. Moreover, the growing medical device segment is also accelerating the laminated labels industry growth. Thus, as the demand for the medical and healthcare sector is increasing it is further accelerating the laminated labels market growth.
Restraint:
Prices of raw material
High raw material costs are at the forefront of the agenda of both the end-user packaging buyers and their label converter suppliers. Rising raw materials costs have been high on the list of concerns. Rising oil and petrochemical prices, as well as prices of film materials, inks, and even paper and wood pulp are creating a difficult route to profitable business for all concerned in the label industry value chain. The economy is straining labeling budgets, but labeling engineers report that maintaining quality is more important than cost cutting. Without the right packaging, those commodities could get damaged in shipment or exposed to contaminants that limit their effectiveness. The added cost of the purchase may seem counterproductive and not a cost effective solution, especially in times of economic recession.
Opportunity:
Improvement in labeling technologies
The rising improvement in labeling technologies such as thermoforming and 3D printing upgrades the growth of the laminated labels market and brings more opportunities for manufacturers and industrialists. Along with that, the development of innovative labeling solutions, high durability, increasing demand for branded & packaged products, and consumer awareness for authentic products have brought immense business opportunities for the global market to grow.
Threat:
Poor mechanical susceptibility
The appropriate functioning of labels is hampered if they consist of metal or foil-based and liquid-based. In liquid-based, RFID signal is being absorbed by the labels leading to an unreadable tag. Thus, poor mechanical susceptibility characteristics lead to inefficient functioning of labels acting as a challenging factor to the growth of the market.
The digital printing segment is expected to be the largest during the forecast period
The digital printing segment is estimated to have lucrative growth as this technology presents a high-quality and cost-effective solution for manufacturing well-designed linerless labels with recycling options. It is a broadly utilized technology by manufacturers across different end-user industries. Stockpiling of pre-printed labels and products has become irrelevant due to digital productions print-on-demand and personalization capabilities.
The pharmaceuticals segment is expected to have the highest CAGR during the forecast period
The pharmaceuticals segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the growing labeling requirement regulations in the pharmaceutical sector. In addition, the rising consumption of medicines, owing to the increasing geriatric population coupled with burgeoning incidences of chronic diseases.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to increasing foreign direct investments and favorable governmental policies undertaken in China and India. Implementations of regulations governing labeling and packaging requirements as per CLP Regulation on the classification, labeling, and packaging of substances and mixtures are projected to boost the laminated labels market growth in the region.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period owing to the growing demand for high-quality, film laminated labels, etc, and rising disposable income of people. The market in Europe is driven by countries such as Germany, the UK, France, Italy, and Spain.
Key players in the market
Some of the key players profiled in the Laminated Labels Market include Cenveo Corporation, Ravenwood Packaging, Torraspapel Adestor, Stickythings Limited, Reflex Labels Ltd, Hub Labels, Gipako, FLEXcon Company, Inc., Coveris Holdings S.A., RR Donnelley & Sons Company, CCL Industries Inc., Bemis Company, Inc., Avery Dennison Corporation, 3M Company and Constantia Flexible Group GMBH.
Key Developments:
In July 2019, Coveris Holdings S.A. acquired Amberley Adhesive Labels Ltd a company based in Dorset, UK. The deal was closed 31 July at an undisclosed amount. Introducing the Coveris strategy, they clearly committed to invest and grow the business in high potential areas. The acquisition of Amberley clearly underpins this endeavour.
In November 2019, Avery Dennison Corporation launched its Lamination Adhesives Portfolio, which enables durable labels to maintain critical product messaging over an item’s lifetime. These laminations preserve messaging and instructions such as safety warnings, operating instructions, serial numbers and warranty information, allowing them to remain legible on products, many of which are designed to have a product life of more than three years.
Compositions Covered:
• Release Liner
• Facestock
• Adhesive
• Raw Materials for Laminated Labels
Finish Covered:
• Semi-Gloss
• Matte
• Gloss
Techniques Covered:
• Spray-On
• Hand-Applied
• Brush-On
• Auto-Laminate
Types Covered:
• Polypropylene
• Vinyl
• Polycarbonate
• UL Approved Laminates
• Polyvinyl Chloride
• Ultraviolet Sunscreen Polyester
• Polyethylene
• Polyester Film
Forms Covered:
• Sheets
• Reels
Printing Inks Covered:
• Water-based Ink
• Ultraviolet-Curable based Ink
• Solvent-based Ink
• Hot-Melt-based Ink
Printing Technologies Covered:
• Screen Printing
• Offset Printing
• Lithography Printing
• Letterpress Printing
• Gavure Printing
• Flexographic Printing
• Digital Printing
End Users Covered:
• Medical and Healthcare
• Food & Beverage
• Chemicals
• Automobiles
• Fast Moving Consumer Goods (FMCG)
• Cosmetics and Personal Care
• Retail Labels
• Pharmaceuticals
• Manufacturing
• Electronics and Household Appliance
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Laminated Labels Market, By Composition
5.1 Introduction
5.2 Release Liner
5.3 Facestock
5.4 Adhesive
5.5 Raw Materials for Laminated Labels
6 Global Laminated Labels Market, By Finish
6.1 Introduction
6.2 Semi-Gloss
6.3 Matte
6.4 Gloss
7 Global Laminated Labels Market, By Technique
7.1 Introduction
7.2 Spray-On
7.3 Hand-Applied
7.4 Brush-On
7.5 Auto-Laminate
8 Global Laminated Labels Market, By Type
8.1 Introduction
8.2 Polypropylene
8.3 Vinyl
8.4 Polycarbonate
8.5 UL Approved Laminates
8.6 Polyvinyl Chloride
8.7 Ultraviolet Sunscreen Polyester
8.8 Polyethylene
8.9 Polyester Film
9 Global Laminated Labels Market, By Form
9.1 Introduction
9.2 Sheets
9.3 Reels
10 Global Laminated Labels Market, By Printing Ink
10.1 Introduction
10.2 Water-based Ink
10.3 Ultraviolet-Curable based Ink
10.4 Solvent-based Ink
10.5 Hot-Melt-based Ink
11 Global Laminated Labels Market, By Printing Technology
11.1 Introduction
11.2 Screen Printing
11.3 Offset Printing
11.4 Lithography Printing
11.5 Letterpress Printing
11.6 Gavure Printing
11.7 Flexographic Printing
11.8 Digital Printing
12 Global Laminated Labels Market, By End User
12.1 Introduction
12.2 Medical and Healthcare
12.2.1 Medical Equipment
12.2.2 Pharmaceuticals
12.3 Food & Beverage
12.3.1 Organic Food
12.3.2 Frozen Food
12.3.3 Dairy
12.3.4 Confectionary
12.3.5 Bakery
12.3.6 Alcoholic Beverages
12.3.7 Non-Alcoholic Beverages
12.4 Chemicals
12.4.1 Paints and Coatings
12.4.2 Lubricants
12.4.3 Cleaning Chemicals
12.5 Automobiles
12.5.1 Passenger Cars
12.5.2 Light Commercial Vehicles (LCV)
12.5.3 Heavy Commercial Vehicles (HCV)
12.6 Fast Moving Consumer Goods (FMCG)
12.6.1 Television
12.6.2 Smart Phone
12.6.3 Refrigerators
12.6.4 Laptop
12.6.5 Dish Washer Machine
12.6.6 Air Conditioner
12.6.7 Dryers
12.7 Cosmetics and Personal Care
12.7.1 Toiletries
12.7.2 Skin Care
12.7.3 Perfumes
12.7.4 Lip Care
12.7.5 Hair Care
12.7.6 Body Care
12.8 Retail Labels
12.9 Pharmaceuticals
12.10 Manufacturing
12.11 Electronics and Household Appliance
12.12 Other End Users
12.12.1 Apparels & Textiles
12.12.2 Gifts
13 Global Laminated Labels Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Cenveo Corporation
15.2 Ravenwood Packaging
15.3 Torraspapel Adestor
15.4 Stickythings Limited
15.5 Reflex Labels Ltd
15.6 Hub Labels
15.7 Gipako
15.8 FLEXcon Company, Inc.
15.9 Coveris Holdings S.A.
15.10 RR Donnelley & Sons Company
15.11 CCL Industries Inc.
15.12 Bemis Company, Inc.
15.13 Avery Dennison Corporation
15.14 3M Company
15.15 Constantia Flexible Group GMBH
List of Tables
1 Global Laminated Labels Market Outlook, By Region (2020-2028) ($MN)
2 Global Laminated Labels Market Outlook, By Composition (2020-2028) ($MN)
3 Global Laminated Labels Market Outlook, By Release Liner (2020-2028) ($MN)
4 Global Laminated Labels Market Outlook, By Facestock (2020-2028) ($MN)
5 Global Laminated Labels Market Outlook, By Adhesive (2020-2028) ($MN)
6 Global Laminated Labels Market Outlook, By Raw Materials for Laminated Labels (2020-2028) ($MN)
7 Global Laminated Labels Market Outlook, By Finish (2020-2028) ($MN)
8 Global Laminated Labels Market Outlook, By Semi-Gloss (2020-2028) ($MN)
9 Global Laminated Labels Market Outlook, By Matte (2020-2028) ($MN)
10 Global Laminated Labels Market Outlook, By Gloss (2020-2028) ($MN)
11 Global Laminated Labels Market Outlook, By Technique (2020-2028) ($MN)
12 Global Laminated Labels Market Outlook, By Spray-On (2020-2028) ($MN)
13 Global Laminated Labels Market Outlook, By Hand-Applied (2020-2028) ($MN)
14 Global Laminated Labels Market Outlook, By Brush-On (2020-2028) ($MN)
15 Global Laminated Labels Market Outlook, By Auto-Laminate (2020-2028) ($MN)
16 Global Laminated Labels Market Outlook, By Type (2020-2028) ($MN)
17 Global Laminated Labels Market Outlook, By Polypropylene (2020-2028) ($MN)
18 Global Laminated Labels Market Outlook, By Vinyl (2020-2028) ($MN)
19 Global Laminated Labels Market Outlook, By Polycarbonate (2020-2028) ($MN)
20 Global Laminated Labels Market Outlook, By UL Approved Laminates (2020-2028) ($MN)
21 Global Laminated Labels Market Outlook, By Polyvinyl Chloride (2020-2028) ($MN)
22 Global Laminated Labels Market Outlook, By Ultraviolet Sunscreen Polyester (2020-2028) ($MN)
23 Global Laminated Labels Market Outlook, By Polyethylene (2020-2028) ($MN)
24 Global Laminated Labels Market Outlook, By Polyester Film (2020-2028) ($MN)
25 Global Laminated Labels Market Outlook, By Form (2020-2028) ($MN)
26 Global Laminated Labels Market Outlook, By Sheets (2020-2028) ($MN)
27 Global Laminated Labels Market Outlook, By Reels (2020-2028) ($MN)
28 Global Laminated Labels Market Outlook, By Printing Ink (2020-2028) ($MN)
29 Global Laminated Labels Market Outlook, By Water-based Ink (2020-2028) ($MN)
30 Global Laminated Labels Market Outlook, By Ultraviolet-Curable based Ink (2020-2028) ($MN)
31 Global Laminated Labels Market Outlook, By Solvent-based Ink (2020-2028) ($MN)
32 Global Laminated Labels Market Outlook, By Hot-Melt-based Ink (2020-2028) ($MN)
33 Global Laminated Labels Market Outlook, By Printing Technology (2020-2028) ($MN)
34 Global Laminated Labels Market Outlook, By Screen Printing (2020-2028) ($MN)
35 Global Laminated Labels Market Outlook, By Offset Printing (2020-2028) ($MN)
36 Global Laminated Labels Market Outlook, By Lithography Printing (2020-2028) ($MN)
37 Global Laminated Labels Market Outlook, By Letterpress Printing (2020-2028) ($MN)
38 Global Laminated Labels Market Outlook, By Gavure Printing (2020-2028) ($MN)
39 Global Laminated Labels Market Outlook, By Flexographic Printing (2020-2028) ($MN)
40 Global Laminated Labels Market Outlook, By Digital Printing (2020-2028) ($MN)
41 Global Laminated Labels Market Outlook, By End User (2020-2028) ($MN)
42 Global Laminated Labels Market Outlook, By Medical and Healthcare (2020-2028) ($MN)
43 Global Laminated Labels Market Outlook, By Medical Equipment (2020-2028) ($MN)
44 Global Laminated Labels Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
45 Global Laminated Labels Market Outlook, By Food & Beverage (2020-2028) ($MN)
46 Global Laminated Labels Market Outlook, By Organic Food (2020-2028) ($MN)
47 Global Laminated Labels Market Outlook, By Frozen Food (2020-2028) ($MN)
48 Global Laminated Labels Market Outlook, By Dairy (2020-2028) ($MN)
49 Global Laminated Labels Market Outlook, By Confectionary (2020-2028) ($MN)
50 Global Laminated Labels Market Outlook, By Bakery (2020-2028) ($MN)
51 Global Laminated Labels Market Outlook, By Alcoholic Beverages (2020-2028) ($MN)
52 Global Laminated Labels Market Outlook, By Non-Alcoholic Beverages (2020-2028) ($MN)
53 Global Laminated Labels Market Outlook, By Chemicals (2020-2028) ($MN)
54 Global Laminated Labels Market Outlook, By Paints and Coatings (2020-2028) ($MN)
55 Global Laminated Labels Market Outlook, By Lubricants (2020-2028) ($MN)
56 Global Laminated Labels Market Outlook, By Cleaning Chemicals (2020-2028) ($MN)
57 Global Laminated Labels Market Outlook, By Automobiles (2020-2028) ($MN)
58 Global Laminated Labels Market Outlook, By Passenger Cars (2020-2028) ($MN)
59 Global Laminated Labels Market Outlook, By Light Commercial Vehicles (LCV) (2020-2028) ($MN)
60 Global Laminated Labels Market Outlook, By Heavy Commercial Vehicles (HCV) (2020-2028) ($MN)
61 Global Laminated Labels Market Outlook, By Fast Moving Consumer Goods (FMCG) (2020-2028) ($MN)
62 Global Laminated Labels Market Outlook, By Television (2020-2028) ($MN)
63 Global Laminated Labels Market Outlook, By Smart Phone (2020-2028) ($MN)
64 Global Laminated Labels Market Outlook, By Refrigerators (2020-2028) ($MN)
65 Global Laminated Labels Market Outlook, By Laptop (2020-2028) ($MN)
66 Global Laminated Labels Market Outlook, By Dish Washer Machine (2020-2028) ($MN)
67 Global Laminated Labels Market Outlook, By Air Conditioner (2020-2028) ($MN)
68 Global Laminated Labels Market Outlook, By Dryers (2020-2028) ($MN)
69 Global Laminated Labels Market Outlook, By Cosmetics and Personal Care (2020-2028) ($MN)
70 Global Laminated Labels Market Outlook, By Toiletries (2020-2028) ($MN)
71 Global Laminated Labels Market Outlook, By Skin Care (2020-2028) ($MN)
72 Global Laminated Labels Market Outlook, By Perfumes (2020-2028) ($MN)
73 Global Laminated Labels Market Outlook, By Lip Care (2020-2028) ($MN)
74 Global Laminated Labels Market Outlook, By Hair Care (2020-2028) ($MN)
75 Global Laminated Labels Market Outlook, By Body Care (2020-2028) ($MN)
76 Global Laminated Labels Market Outlook, By Retail Labels (2020-2028) ($MN)
77 Global Laminated Labels Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
78 Global Laminated Labels Market Outlook, By Manufacturing (2020-2028) ($MN)
79 Global Laminated Labels Market Outlook, By Electronics and Household Appliance (2020-2028) ($MN)
80 Global Laminated Labels Market Outlook, By Other End Users (2020-2028) ($MN)
81 Global Laminated Labels Market Outlook, By Apparels & Textiles (2020-2028) ($MN)
82 Global Laminated Labels Market Outlook, By Gifts (2020-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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