Self-Adhesive Labels Market Overview Till 2025 | Industry Size, Share and Forecast
The self-adhesive labels market is projected to grow from an estimated USD 31.4 bn in 2018 to reach at a value of USD 43.3 billion by the end of 2025 at a CAGR of 4.6% by end of 2025 in terms of value.
The self-adhesive labels market is expected to witness significant growth in the future, with the increasing popularity of their benefits and usage in the packaging industry. The market is also projected to experience growing demand in the industrial and retail sectors. The developing markets such as China, Brazil, and India are emerging as growth frontiers for self-adhesive labels. Growing economies, the increasing population, and the resultant disposable income are acting as the main drivers for increased opportunities in these nations.
The pharmaceutical industry is an indispensable part of the global industrial sector, and even though the industry has matured, a small room for growth is always present, which is expected to aid further developments. Medicines and other treatments are also provided free of charge in some countries, especially to the low-income group. This is anticipated to further increase the demand for pharmaceutical products, which is expected to directly impact the self-adhesive labels market. Self-adhesive labels form an essential part of the pharmaceutical packaging industry. Pharmaceutical products have to be labeled with adequate information and strict instructions about the content, the dosage, warning about the side effects, and manufacturing and expiry dates. Self-adhesive labels are preferred for labeling syrups, vials and ampoules, syringes, and other products.
North America contributed the largest market share of 33%, in terms of volume, in 2017, which is expected to grow at a CAGR of 3.5% from 2018 to 2025, followed by Europe and Asia-Pacific. The U.S., Western parts of Europe and other more developed countries are expected to project a mature market for the self-adhesive labels. The European region accounted for 25% of the self-adhesive labels market, in terms of volume, in 2017. The European market for self-adhesive labels is driven by countries such as Germany, France, Italy, Spain, and the U.K. Headquarters of prominent self-adhesive labels manufacturing companies such as Henkel, Torraspapel Adestor, UPM-Kymmene, and Constantia Flexibles are located in Europe.
The self-adhesive labels market is segmented into composition, type, form, application, and region. On the basis of composition, it is segmented into facestock, release liner, and adhesive. On the basis of type, it is segmented into release liner label and liner-less label. On the basis of form, it is segmented into reel and sheet. On the basis of application, it is segmented into food & beverage, consumer durables, pharmaceutical, home & personal care, industrial label, retail labels, and others. On the basis of geography, it is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
This report provides a complete analysis of key companies and competitive analysis of developments recorded in the industry in the last eight years. In this report, market drivers, barriers, opportunities, and challenges are discussed in detail. Companies such as Avery Dennison, CCL Industries, Constantia Flexibles, UPM-Kymmene Oyj, and 3M Company are profiled to provide an insight into the competitive scenario of the global self-adhesive labels market. Leading manufacturers of self-adhesive labels focus on the emerging countries that are estimated to show potential for industrial development in the near future.