The Linerless Labels market trends was USD 1.86 billion in 2022 and is projected to reach USD 2.71 billion by 2030, with a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2023 to 2030.
Linerless labels are a rapidly expanding segment in the labeling industry, offering numerous advantages over traditional labels. These labels eliminate the need for a liner or backing paper, resulting in reduced waste and increased efficiency.
The growing demand for sustainable packaging solutions and the rising adoption of linerless labels in various industries are driving the market's growth. Additionally, the increasing focus on reducing carbon footprint and promoting eco-friendly practices further contributes to the market expansion.
Furthermore, linerless labels offer enhanced flexibility, allowing for more information to be printed on the label surface. This feature is particularly beneficial for industries such as food and beverage, pharmaceuticals, and logistics, where accurate and detailed labeling is crucial.
Geographically, North America and Europe dominate the linerless labels market due to the presence of key players and the high adoption rate of advanced labeling technologies. However, the Asia Pacific region is expected to witness significant growth during the forecast period, driven by the expanding retail sector and increasing consumer awareness regarding sustainable packaging solutions.
In conclusion, the linerless labels market is poised for substantial growth in the coming years, driven by the demand for sustainable packaging, increased efficiency, and the need for accurate labeling in various industries.
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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
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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