Market Research Future (MRFR) report on the global pressure sensitive labels market is a precise evaluation that offers a systematic and thorough overview of the market. The study includes the COVID-19 overview of the global pressure sensitive labels market and offers a comprehensive review of market segments, recent developments, growth prospects, and market challenges from 2016 to 2021 (forecast period) to assess market opportunities.
The global market for pressure sensitive labels has experienced considerable progress in recent years due to the growth of the global retail and food and beverage industries, which have become dominant consumers in the market for pressure sensitive labels. Pressure sensitive labels, also known as adhesive-backed labels, are used in a wide range of applications due to their ease of use and the ease with which they incorporate other technologies such as barcodes into their design, making them easy to incorporate into the day-to-day functioning of industries. The ease of incorporating branding material in the design of pressure sensitive labels has also led to their adoption in various sectors and is likely to remain a primary driver for the global market in the coming years.
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The increasing transport and logistics industries are primary drivers of the pressure sensitive label market. With the growth of the e-commerce sector, there is an increased need for a warehousing solution. The need for product authentication, tamper evidence, and security features has stimulated the demand for pressure sensitive labels. In addition, the increased application across industries like food & beverages, pharmaceuticals, and automotive has boosted the market for pressure sensitive labels used in packaging.
Development in the food and beverage industry is likely to be crucial to the market for pressure sensitive labels. Increasing use of food packaging technology to promote long-distance shipping has made pressure sensitive labels completely vital for the food and beverage sector, as they include means to integrate product information, regulatory information as well as identification details such as barcodes for packaged food.
The global pressure sensitive labels market has been segmented on the basis of compositions, technology, and application.
On the basis of compositions, the global pressure sensitive labels market has been segmented into top coat, face stock, adhesive, and liner.
On the basis of technology, the global pressure sensitive labels market has been segmented into water based, solvent based, hot melt, radiation, and others.
Based on application, the global pressure sensitive labels market has been segmented into food & beverages, pharmaceuticals, automotive, and others.
Regionally, the global pressure sensitive labels market has been segmented into North America, Europe, APAC, and the Rest of the World.
APAC dominates the global market for pressure sensitive labels with its fastest-growing market worldwide. The area is expected to show rapid growth in the e-commerce and transport sectors. Growing organized retails have expanded the reach of warehousing solutions that stagger the demand for pressure sensitive labels. North America has a remarkable market share of the pressure sensitive labels market and is projected to rise rapidly, followed by Europe.
Notable players in the global pressure sensitive labels market report include- CCL Industries Inc., Constantia Flexibles Group GmbH, Henkel AG & Co. KGaA, Avery Dennison Corporation, Technicote Inc., Lintec Corporation, 3M, UPM Raflatac, Inland Label and Marketing Services LLC, NAStar Inc., NSD International, and Reflex Labels Ltd.
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