Global hinged labels market: Introduction
Hinged labels are also called as extended content labels. These are the labels which use the hinged pattern to increase the amount of printable surface required to feed product information. In these type of labels, the top surface is peeled off to reveal two additional printable panels. Also, hinged labels use repositionable adhesives in order to view interior of the label, then it can be resealed. Sometimes, it is required to put label on the front of the container, and not on the sides which possibly causes additional application problems and reduces shelf appeal. Hinged labels can fit in the front area of the container and allow necessary information to be printed on the all panels of the labels. Hinged labels are ideal for providing additional information as in case of drugs. Hinged labels finds useful applications in pharmaceutical industry, food & beverage industry, and in international retail where there is a need for multiple translations. Overall the outlook for the global hinged labels market is expected to be positive during the forecast period, which is attributed to increasing need for informative products.
Global hinged labels market: Dynamics
The global hinged labels market is expected to grow on the backdrop of increasing need of providing abundant information about the product. Many products which are available in the market, are regulated by the government agencies, and sometimes, they require companies to pack lots of information on the packaging. Hinged labels are great fit for many products which use small containers and bottles, otherwise the need for regulatory information force manufacturers to use larger containers, which is not economic. This factor is expected to drive the global hinged labels market growth during the forecast period. Hinged labels are produced to increase packaging space to convey in-depth information. Hinged labels are useful for various industries including pharmaceutical, personal care & cosmetics and other such industries. Hinged labels are not just limited to regulations though, but they are also an effective marketing tool for branding and promotions. It boost the hinged labels market growth. Hinged labels are useful for incorporating multiple languages, promotional items, cross promotional products, instant redeemable coupons, instructions and other such things. Hinged labels are cost reducing and space saving solution for packaging industry. These factors are expected to drive the growth of the global hinged labels market during the forecast period. Hinged labels are available in various types, including pressure sensitive labels, roll fed labels and cut & stack. These factors are anticipated to fuel the global hinged labels market during the forecast period.
Global hinged labels market: Segmentation
The global hinged label market has been segmented as:
On the basis of product type, the global hinged labels market has been segmented as:
*Prices for the global hinged labels market have been captured on the basis of product type
On the basis of application, the global hinged labels market has been segmented as:
On the basis of end use industry, the global hinged labels market has been segmented as:
Global hinged labels market: Regional outlook
The global hinged labels market has been divided into seven key regions as follows–
In terms of value and volume, the APEJ region is expected to drive the global hinged labels market during the forecast period due to presence of many industries in the region. APEJ is a home to various pharmaceutical and food industries, which require to pack lots information onto the packaging. The North America and Western Europe are expected to witness lucrative growth in the global hinged labels market. Latin America is expected to witness below average growth in the hinged labels market due to economic downturn in the region. Eastern Europe hinged labels market is expected to observe lucrative growth due to presence of flourished cosmetic industry in the region. MEA is expected to witness average growth in the hinged labels market. Japan is expected to witness steady growth in the hinged labels market over the forecast period.
Global hinged labels market: Key players
Few of the key players operating in the global hinged labels market are – Quality Assured, Resource Label Group, Star Label Products, Advanced Labels NW, Labels West, and Edwards Label, Inc., among others.
Western Europe accounts for the highest production volume share for hinged labels, followed by the Asia Pacific excluding Japan (APeJ) region, and North America, in 2018.