The self-adhesive labels market industry was valued at USD 44.92 billion in 2022. It is projected to reach USD 72.69 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2023 to 2030.
Self-adhesive labels have witnessed significant growth in recent years, driven by their versatility and convenience in various industries. The rising demand for packaged goods, coupled with the increasing need for efficient labeling solutions, has propelled the market forward.
With the expanding e-commerce sector and the growing trend of online shopping, the demand for self-adhesive labels is expected to surge further. These labels offer a cost-effective and time-efficient solution for product identification, branding, and information dissemination.
Furthermore, the increasing focus on sustainability and environmental consciousness has led to the adoption of eco-friendly materials in label production. This shift towards sustainable practices has not only contributed to the market's growth but has also garnered positive attention from consumers and regulatory bodies.
Geographically, the market for self-adhesive labels is witnessing substantial growth in regions such as North America, Europe, and Asia Pacific. The presence of key players, technological advancements, and the robust growth of end-use industries in these regions have fueled the market's expansion.
In conclusion, the self-adhesive labels market is poised for significant growth in the coming years. Factors such as the rising demand for packaged goods, the surge in e-commerce activities, and the adoption of sustainable practices are expected to drive the market's expansion. With a projected CAGR of 6.2% over the forecast period, the market is anticipated to reach USD 72.69 billion by 2030.
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KEY MARKET SEGMENTATION
By Type
· Linerless
· Release Liner
By Nature
· Repositionable
· Permanent
· Removable
By Printing Technology
· Digital Printing
· Screen Printing
· Flexography
· Gravure
· Offset
· Lithography
· Letterpress
By Application
· Food Beverages
· Pharmaceuticals
· Retail Labels
· Consumer Durables
· E-commerce
· Others
· s
Key Players
Avery Dennison Corporation, 3M Company, CCL Industries, Fuji Seal International, Multi-Color Corporation, Mondi Group, MULTIVAC, Huhtamaki Oyj, Coveris Holdings, Asteria Group and other players.
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