PUNE, India, July 10, 2023 /PRNewswire/ — According to a market study by Dataintelo, titled, “Global Pressure Sensitive Labels Market By Type, By Material, By Adhesive Type, By Application, By End-Use Industry, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031″, the market is anticipated to expand at a CAGR of 5.4% by the end of 2030.
Key Players Covered
Avery Dennison
Amcor
CCL Industries
LINTEC
Berry Global
Cenveo
Constantia Flexibles
Hood Packaging
Intertape Polymer Group
Karlville Development
Klckner Pentaplast
Macfarlane Group
SleeveCo
DOW Chemical
3M
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The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, industry players, and crucial strategies that helps market players to expand their business.
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Key Takeaways:
Pressure-sensitive labels are adhesive labels that adhere to the surface when pressure is applied.
Rising adoption in manufacturing, fashion and apparel, automotive, and electronics industry for product differentiation and branding and the growing e-commerce sector is expected to drive the market.
The flexography print segment is expected to grow at the fastest CAGR, as this type of print is widely used in labels and tags of packaging materials, including cartons and containers.
The digital print segment is projected to grow at a significant pace, as it is more cost-effective than traditional printing.
The food & beverages segment is anticipated to hold a major market share, due to the increasing usage of labels and tags for labeling bottles containing liquids.
Asia Pacific is expected to dominate the market in the coming years, owing to rapid industrialization.
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Segments Covered
Type
Offset Print
Flexography Print
Rotogravure Print
Screen Print
Letterpress Print
Digital Print
Material
Paper
Plastic
Metal
Others
Adhesive Type
Permanent
Removable
Repositionable
Application
FMCG
Medical
Manufacturing
Agriculture
Fashion and Apparels
Electronics and Appliances
Automotive
Others
End-Use Industry
Food & Beverage
Health & Personal Care
Pharmaceutical
Home & Laundry Care
Retail
Logistics & Transportation
Industrial
Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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SOURCE Dataintelo