Printed Labels Market to Worth $59.08 Billion by 2030 –

Newark, July 11 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global printed label market is expected to grow from USD 40.87 billion in 2021 to USD 59.08 billion by 2030, growing at a CAGR of 4.18. % over the forecast period 2022-2030.

Growing demand for manufactured goods is expected to increase the demand for the printed label market over the projection period. Moreover, the adoption of better and more efficient technologies to create high-quality products is also helping to drive the growth of the market. Moreover, the versatility and flexibility, high graphic standards offered by the printing label and the proliferation of disposable income of people globally are driving the growth of the market. Additionally, increasing expenditure on raw materials like plastics in different forms is the factor restraining the growth of the market. However, the growing demand for processed foods and the rise of automotive companies are opportunities for market growth.

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Competitive strategy

To strengthen their position in the global printed labels market, the major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations, and partnerships.

Market growth and trends

The growth of the printed labels market is driven by the huge investments in the pharmaceutical, food processing and personal care end-user sectors. Additionally, the increasing use of printed labels in the food business and the rapid development of the food and beverage industry is the growth trend of the market. Furthermore, the demand for packaging proliferation is driven by changing lifestyles, rising income levels, growing population, increased media penetration through the internet, television and a booming economy. . Moreover, the growing demand for packaged food is also affecting the growth of this market as it ensures food safety, quality and long shelf life. The increasing number of FMCG product manufacturers across the world generates a substantial demand for labeling technologies. However, FMCG products are usually manufactured and supplied in large volume due to their exponential demand among customers. According to the Federation of Indian Chambers of Commerce and Industry (FICCI), the price of packaged food is increasing due to increased urbanization, per capita income and increased working hours of women. Additionally, the massive expansion of exports in countries like Japan, India, and China is a result of the growth of the packaging business facilitated by automated packaging processes.

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Main conclusions

• In 2021, wet glue label segment dominated the market with the largest market share of 24.19% and revenue of 9.88 billion.

The label formats segment is divided into wet glue labels, linerless labels, pressure sensitive labels, in-mold labels and multi-part tracking labels. In 2021, the wet glue label segment dominated the market with the largest market share of 24.19% and revenue of 9.88 billion. This growth is attributed to the growing demand for wet glue labels due to its wide range of applications for jars, glass bottles and plastic containers.

• In 2021, the inkjet printing process segment dominated the market with the largest market share of 20.12% and revenue of 8.22 billion.

The printing process segment is divided into flexography, offset lithography, letterpress, gravure, inkjet, electrophotography, screen printing and others. In 2021, the inkjet printing process segment dominated the market with the largest market share of 20.12% and revenue of 8.22 billion. The various advantages of inkjet printers like low start-up costs, inexpensive cartridges and the fact that they are relatively lightweight and smaller than all other printers are helping to drive the market growth of the segment.

• In 2021, the food segment dominated the market with the largest market share of 21.14% and revenue of 8.63 billion.

The end-user industry segment is divided into healthcare, food, beverage, cosmetics, logistics, industrial and household. In 2021, the food segment dominated the market with the largest market share of 21.14% and market revenue of 8.63 billion. Proper packaging of food products provides better food quality and safety and extends the shelf life of the product. This factor helps drive the growth of the market. Additionally, by 2030, the beverage segment is likely to dominate the market owing to the increase in sales of energy drinks owing to the global wellness and fitness trend.

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Regional Segment Analysis of Printed Labels Market:

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• Middle East and Africa (UAE, South Africa, Rest of MEA)

The North America region has emerged as the largest market for the global printed label market with a market share of 45.15% and a market value of around 18.45 billion in 2021. North America currently dominates the printed label market due to the rapid growth of the labeling business and leading key vendors in the region. Moreover, the growing demand for sustainable food packaging products is also helping to drive the growth of the market in the region. Additionally, the Asia-Pacific region is expected to post the fastest CAGR of 10.02% over the projection period. This growth is attributed to the increasing adoption of efficient and better technologies to produce high quality products. Additionally, the ever-increasing cosmetics business will likely contribute to the growth of the market over the projection period.

Key players operating in the global printed labels market are

• Mondi Group
• Fort Dearborn
• Autajon Group
• Chesapeake Limited
• Avery Dennison
• Clondalkin Group
• Munksj Group
• Cenveo inc.
• Constantia Flexibles Group
• CCL Industries
• Fuji Seal International Inc.
• Brady Corporation
• Bemis Comp

This study forecasts revenue at global, regional and country level from 2019 to 2030. The Brainy Insights has segmented the global printed labels market based on the segments mentioned below:

Global Printed Label Market by Label Format:

• Wet glue labels
• Linerless labels
• Pressure sensitive labels
• In-mold labels
• Multi-part tracking labels

Global Printed Label Market by Printing Process:

• Flexography
• Offset lithography
• Typography
• Engraving
• Inkjet
• Electrophotography
• Filter
• Others

Global Printed Labels Market by End User Industry:

• Health care
• Food
• Beverage
• Cosmetics
• Logistics
• Industrial
• Housework

About the report:

The global printed labels market is analyzed on the basis of value (USD billion). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.

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About The Brainy Insights:

The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our repository of union reports is diverse across all categories and sub-categories of domains. Our customized solutions are designed to meet customer requirements, whether they are looking to expand or planning to launch a new product in the global market.

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