Lucintel Forecasts the Global Self-Adhesive Label Market to Reach$70.4 billion by 2030
Lucintel Forecasts the Global Self-Adhesive Label Market to Reach$70.4 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global self-adhesive label market looks promising with opportunities in the food & beverage, consumer durable, pharmaceutical, home & personal care, retail label, and e-commerce markets. The global self-adhesive label market is expected to reach an estimated $70.4 billion by 2030 from $49.9 billion in 2024,at a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are rising worldwide appetite for packaged food, electronics, apparel, durable goods, and non-durable items, increase in per-person disposable income, and significantly growing e-commerce industry.
A more than 150-page report to understand trends, opportunity and forecast in self-adhesive label market to 2030 by type (release linear and linerless), nature (permanent, removable, and repositionable), technology (flexography, digital printing, lithography, screen printing, gravure, letterpress, and offset), application (food & beverages, consumer durables, pharmaceuticals, home & personal care, retail labels, e-commerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that release liner will remain the higher growing segment over the forecast period because of availability of pressure-sensitive labels with release liners prevent them from adhering to unintended surfaces, as well as the it finds utility across diverse industries for packaging and labeling purposes.
Within this market, food and beverages will remain the largest segment over the forecast period due to consumers preference for ready-to-cook and ready-to-eat convenience meals, growing popularity of packaged foods, as well as, introduction of new delivery apps, such as Zomato, uber eats, and swiggy.
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North America will remain the largest region over the forecast period due to presence of manufacturing base and growing e-commerce industry, rise in purchasing power, as well as, changing lifestyle of working population in the region.
3M, Avery Dennison, BSP Labels, CCL Industries, Consolidated Label, Coveris Holdings, CS Labels are the major suppliers in the self-adhesive label market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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