The Asia Pacific (APAC) print labels market is expected to grow at a CAGR of 7.58%, reaching a market size of US$29.679 billion in 2029 from US$20.599 billion in 2024.
Product labels are required for product identification and to prevent counterfeiting. Labels help create brand identity, image, and awareness. They also convey essential information to customers, such as instructions on how to use ingredients and government licenses. Advancements in technology are helping to create creative and high-quality labels. Print labels have major applications in the cosmetics, food, and healthcare sectors. The print label market is expanding due to the need for efficient and better-performing technologies to produce high-quality products.
Asia Pacific Print Labels Market Drivers:
The print label market is divided into printing technologies such as inkjet printing, offset, letterpress, flexographic printing, screen printing, gravure printing, and digital printing. Inkjets can be adapted for various purposes and are comparably easy to use. They’re ideal for substances having low viscosity plus solubility, like organic semiconductors. Screen printing is popular in making sensors and radio frequency identification (RFID) antennas. It also has multiple advantages over alternative printing methods; these include durability, versatility, speed, and affordability. Gravure printing is applied to transform paper into a viable substrate for printing electronics. The large surface roughness and ink absorption of paper limit the printing of high-performance electronic devices onto paper. Gravure printing has overcome this by providing a local smoothing layer and printing organic thin-film transistors (OTFTs). This exhibits performance on par with the device on a plastic substrate. Offset printing refers to any printing technique that uses a printing plate to transfer an image to an intermediate carrier onto the printed substrate. In contrast, flexographic printing transfers ink from the plate directly to the printed substrate.
Labels are required in the healthcare industry to inform customers of important information about the product, like in medicine for instruction on dosage, ingredients, license, manufacturing date, and expiry date, among others. The healthcare industry requires labels on medical equipment, such as warnings, methods of use, etc. Labels are required in the food & beverages and personal care industries to provide information and branding and entice customers to buy the product for consumption.
Pressure-sensitive labels, in-mold labels, wet-glued labels, multi-part tracking labels, and other types are among the market's segmentations based on type. Pressure-sensitive labels use paper, film, and foil as their primary materials and can be used with a wide range of inks. Mild to moderate pressure is necessary for application to a product surface. When the containers are manufactured using blow molding, injection molding, or thermoforming, in-mold labeling is used, which includes the application of paper or plastic labels during the process. Since molding lowers production costs, it also delays the entire manufacturing process. Although molding reduces overall costs, it extends the manufacturing process. Wet-glue labels are used in food and beverages due to their lower cost, long print run, and high quality. Multi-part tracking labels are made to prevent theft and increase the chances of asset recovery. To eliminate errors and deter vandalism, the tags duplicate the information in multiple areas of the tag.
Asia Pacific Print Labels Market Restraint:
Two environmental components that cause labeling issues include moisture and heat. The ideal situation for doing so would be in a warm atmosphere devoid of such a condition as humidity. Nevertheless, sometimes things are so that one has no option but to resort to extremes of temperature or precipitation. After sticking to the surface, the print label must withstand the different temperatures it comes into contact with. Certain brands, such as those on goods that must be maintained in the cold chain and those on dangerous chemicals, are designed to withstand a wide range of temperatures. However, numerous environmental regulations regarding labeling will also hinder the print labels market growth.
Asia Pacific Print Labels Market Geographical Outlook
China is the biggest country by area and number of people in the Asia-Pacific region. The Chinese labels used in printing for domestic and foreign markets will remain dominant due to the increasing demand for food products and pharmaceutical supplies from their local industry. Regarding overall output globally, China remains the leading producer of beverages, medicines, and foods. During this same time frame, things like an increase in the volume of sales from online groceries, better distribution systems, and higher earnings for some families with underdeveloped middle classes will stimulate growth in the country’s food manufacturing sector.
Asia Pacific Print Labels Market Key Launches
Asia Pacific Print Labels market is segmented and analyzed as follows: