Global Self-Adhesive Labels market size 2024, Forecast To 2033
4 Mar, 2024
The self-adhesive labels market size has grown strongly, rising from$53.55 billion in 2023 to$57.15 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to urbanization and retail growth, logistics and supply chain requirements, customization and personalization, brand identity and marketing, and consumer goods packaging. Looking forward, the self-adhesive labels market is expected to see strong growth, reaching$75.94 billion in 2028, with a compound annual growth rate (CAGR) of 7.4%. This growth in the forecast period can be attributed to growing demand across industries, sustainability and eco-friendly labels, digitalization in label printing, and supply chain and logistics optimization. Major trends in the forecast period include adhesive technology improvements, smart labels and track-and-trace solutions, brand differentiation and marketing, and supply chain efficiency.
Global Self-Adhesive Labels Market Key Driver
The upward trajectory in packed product consumption is poised to drive the expansion of the self-adhesive labels market. Packaged goods, integral to daily consumption patterns, have witnessed a surge in demand driven by factors such as dual household incomes, extended working hours, and a preference for ready-to-eat meals and beverages. Effective product packaging plays a crucial role in safeguarding goods during transit and while on the retail shelf. A report by the Government of Canada in March 2022 highlighted the rising trend of packaged food sales in China, with retail sales increasing from 283,984.8 million US dollars in 2020 to 298,005.3 million US dollars in 2021. Therefore, the escalating consumption of packed products is set to fuel the self-adhesive labels market.
Get A Free Sample Of The Global Self-Adhesive Labels Market ReportGlobal Self-Adhesive Labels Market Segments
The global self-adhesive labels market covered in this report is segmented –
1) By Adhesive Type: Hot-melt, Emulsion Acrylic, Solvent
2) By Nature: Permanent, Removable, Repositionable
3) By Composition: Release Liner, Adhesive Layer, Face Stock
4) By Printing Technology: Flexography, Digital Printing, Lithography, Screen Printing, Gravure, Letterpress, Offset
5) By End Users: Food and Beverages, Pharmaceuticals, Tracking, Logistics and Transport, Home and Personal Care, Consumer Durables, Others End Users
By Geography: The regions covered in the self-adhesive labels market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacific was the largest region in the self-adhesive market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the self-adhesive labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Self-Adhesive Labels Industry Players
Connecticut Chemicals Industries Inc., Avery Dennison Corporation, Multi-Color Corporation, Coveris Holdings S.A, Huhtamaki OYJ Company, Fuji Seal International Inc., H.B. Fuller Company, Consolidated Label Co, 3M Company, Mondi Group, Hally Labels Limited, Lintec Corporation, Dura-ID Solutions Limited, CS Labels Ltd., Tower Labels, Right Label Solutions Limited, Inland Label, Terragene, Brady Corporation, Sato Holdings Corporation, Constantia Flexibles, Advanced Labels NW, WS Packaging Group Inc., Resource Label Group LLC, Label Technology Inc., Label Tech Inc., Labelcraft Products Ltd., Label Impressions Inc., Label-Aid Systems Inc., Essentra PLC
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Self-Adhesive Labels Market Overview
Self-adhesive labels are pressure-sensitive labels with an adhesive-coated face material that require only the pressure of a finger to adhere to a substrate as they utilize a pressure-sensitive adhesive that is sticky under normal conditions. These labels are made of a plus substance (composite-like material with film or paper), adhesive on the back, and silicone-coated protecting paper.
Self-Adhesive Labels Global Market Report 2023 provides data on the global self-adhesive labels market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The self-adhesive labels market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.