Linerless Labels Market share was valued at USD 1.86 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030, when it is expected to reach USD 2.71 billion.
This increasing trend in the Linerless Labels industry indicates a bright future for companies in this field. The market is expected to grow at a steady pace, offering several prospects for profit and growth.
Adhesive labels without a supporting material or liner are known as linerless labels, and they have become very popular in recent years. Their popularity stems from the fact that they are environmentally friendly because they do not require the disposal of liner garbage. These labels are also more economical and efficient, which makes them a better option for a variety of sectors.
The projected market growth can be attributed to several factors. Firstly, the increasing demand for sustainable packaging solutions has propelled the adoption of linerless labels across various sectors, including food and beverage, logistics, and retail. As consumers become more conscious of environmental issues, businesses are under pressure to adopt eco-friendly practices, and linerless labels provide an effective solution.
Furthermore, technological advancements in label printing and application processes have contributed to the market's expansion. Improved printing techniques, such as direct thermal printing and flexographic printing, have enhanced the quality and durability of linerless labels, making them suitable for a wide range of applications.
Geographically, North America and Europe have been the key regions driving the growth of the linerless labels market. These regions have witnessed a surge in demand due to stringent regulations promoting sustainable packaging and labeling practices. However, emerging economies in Asia Pacific, such as China and India, are expected to exhibit substantial growth potential in the coming years, driven by rapid industrialization and increasing consumer awareness.
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KEY MARKET SEGMENTATION
By Composition
· Adhesive
· Facestock
· Topcoat
By Product
· Variable Imaged
· Primary
By Printing Ink
· UV Curable
· Water-Based
· Solvent-Based
· Others
By Adhesion
· Removable
· Permanent
· Repositionable
By Printing Technology
· Digital
· Letterpress
· Flexographic
· Offset
· Others
By End Use
· Food Beverages
· Pharmaceuticals
· Retail
· Logistics
· Others
Key Players
Some major key playersin the Linerless Labels market are Coveris, Avery Dennison Corporation, Hub Labels, 3M Company, General Data Company Inc, Cenveo Corporation, Reflex Labels, Constantia Flexibles Group GmbH, CCL Industries Inc, Gipako and other players.
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