Print labels market is driving due to the use of this product in providing essential information about the product and creating brand identity, brand image for awareness among customers.
This report provides forecast and analysis of the print labels market which is estimated to surge US$56.403 billion by 2025.
The print labels are required on the packets, containers, or a box for giving important information about the product. The product labels help in stopping counterfeiting, creating brand identity, brand image, awareness, etc. The market for print labels is growing because they convey essential information to customers like its usage, instruction on how to use, ingredients it is made up of, government license. Advancement in technology is helping in creating creative and high-quality labels. Print labels have major applications in cosmetics, food, and medical care sectors. The print label market is expanding due to the requirement of efficient and better-performing technologies for the production of high-quality products. The increasing disposable income has raised the demand for food and beverage, which has further increased the demand for print labels. The pharmaceutical and food and beverage industries are the biggest users of print labels.
The Print Labels Market is segmented by type, by printing technology, by end-user industry, and by geography. Segmented on the basis of the type are pressure sensitive labels, in-mold labels, wet-glued labels, sleeve labels, multi-part tracking labels, and others. Segmentation on the basis of printing technology is by flexography, offset, screen, letterpress, gravure, and digital. Segmentation on the basis of the end-user industry is by healthcare, food & beverage, personal care, industrial, household care, consumer electronics, and others. Segmentation on the basis of geography is North America, South America, Europe, Middle East and Africa, and Asia Pacific.
Geographically the Asia Pacific to have a dominating share in the print label market due to the increasing production of goods and rapid transformation in the facilities due to industrialization in the region. With the presence of developing countries like India and China, the industry is expected to grow. North America to have significant market share in the print labels market due to the early adoption of advanced technologies in the region.
Some of the major players covered as part of the report are Mondi Group, Avery Dennison Corporation, CCL Industries, Innovia Films, Amcor PLC, Constantia, RR Donnelley & Sons Company, 3M, Cenveo Corporation, WestRock Company, among others.
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This report segmented the Print labels Market on the basis following terms: