The global print label market was valued at US$ 42.3 Billion in 2021. It is projected to reach US$ 56.36 Billion by 2027, CAGR of 4.50% during 2022-2027.
SHERIDAN, WYOMING, USA, July 28, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Print Label Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global print label market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global print label market reached a value of US$ 42.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 56.36 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.
The print label represents a piece of cloth, metal, polymer, or paper material printed on produced products for exhibiting the symbols, logo, and published information about the commodity. It is directly printed and offers various benefits, such as detailed visuals, precision, quality, etc., when compared to the woven labels. Consequently, the print label finds extensive applications across numerous sectors, including healthcare, food and beverage (F&B), consumer electronics, personal care, etc. It is also commercially available in varying labeling formats, such as wet-glue, pressure-sensitive, and multi-part tracking labels.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Print Label Market Trends and Drivers:
The escalating demand for manufactured items and the growing consumer health consciousness are among the primary factors driving the print label market. In line with this, the launch of several favorable policies by government bodies across countries for policing the utilization of informative labels as per the guidelines of fast-moving consumer goods (FMCG) to maintain transparency is further catalyzing the market growth.
Moreover, the widespread adoption of print labels to create brand identity, recognize products, eliminate counterfeiting for managing credibility, etc., is acting as another significant growth-inducing factor.
Apart from this, the introduction of technologically advanced dust controlling systems is also positively influencing the global market. Additionally, the rising investments in R&D activities aimed at developing digital product variants are anticipated to fuel the print label market over the forecasted period.
Global Print Label Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Ahlstrom-Munksjo Oyj (Ahlstrom-Munksjö Holding 3 Oy), Avery Dennison Corporation, Fort Dearborn Company, Fuji Seal International Inc, Huhtamäki Oyj, Mondi plc, Multi-Color Corporation, Ravenwood Packaging, Sato Europe GmbH, Taghleef Industries and Taylor Corporation.
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The report has segmented the market on the basis of region, raw material, print process, label format and end use industry.
Breakup by Raw Material:
• Metal Labels
• Plastic/Polymer Labels
Breakup by Print Process:
• Offset Lithography
Breakup by Label Format:
• Wet-Glue Labels
• Pressure-Sensitive Labels
• Linerless Labels
• Multi-Part Tracking Labels
• In-Mold Labels
Breakup by End Use Industry:
• Food and Beverages
• Personal Care
• Household Care
• Consumer Electronics
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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