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The global linerless labels market is anticipated to expand at a promising rate from 2021 to 2031 (forecast period). The global linerless labels market is expected to experience considerable growth as a result of factors such as increased demand for environmentally-friendly, adaptable, and biodegradable labels. Furthermore, the growing demand for linerless labels in logistic operations such as shipping and transportation is projected to drive the growth of the global linerless labels market throughout the forecast period.
Moreover, e-commerce enterprises are rapidly embracing linerless labels for printing package labels which are likely to provide revenue-generation opportunities in linerless label market.
Leading players in the linerless labels market are Avery Dennison Corporation (US), CCL Industries Inc (Canada), 3M (US), Multi-Color Corporation (US), and R.R. Donnelley & Sons Company (US).
These companies are substantially spending on R&D and exploring a number of strategies, such as new product launches and advancements, global expansions, partnerships, and acquisitions.
Food products are sold off the shelf due to brand familiarity. Since labeling is a crucial aspect of branding, the use of attractive yet food-safe labels has grown significantly. Foods like fruits, bacon, and ham are packed with rolled liner-free labels, particularly in Latin American and Asian countries like Brazil, Japan, and Southeast Asia. Moreover, due to strict regulations governing the information that must be written on food product packaging, the need for larger labels has increased dramatically.
However, since these labels can feature 20% more print than standard labels, they can effectively supersede standard labels without affecting the dimensions, making them cost-efficient for food and beverage industry clients. The food and beverage sector is expanding to meet the needs of about 7 billion people worldwide, and this expansion is expected to raise the sales of linerless labels market over the projected period.
E-commerce has firmly established itself in industrialized economies and is rapidly expanding in developing economic powerhouses like India and China. Such a high volume of goods necessitates the use of a monitoring system for goods to ensure that the product is delivered to the right recipient. For monitoring purposes, packages are labeled with descriptions and codes of the seller and receiver. It is anticipated that by 2025, over 150 billion shipments will be moved annually via e-commerce enterprises, causing a higher demand for labels.
Standard labels, on the other hand, generate a significant quantity of trash in the form of the release liner, culminating in an additional expense to the logistics provider. As a result, e-commerce enterprises are rapidly using backingless labels for printing package labels, setting the stage for linerless labels market expansion.
The Asia Pacific linerless labels market is projected to expand during the forecast period due to the increasing use of these labels in end-user sectors such as retail and food and beverage in nations such as Japan, India, and China. Moreover, the region's excessive intake of processed and packaged food as a result of fast industrialization and urbanization is anticipated to bolster regional market growth.
Europe is expected to experience significant growth in the global linerless labels market during the projected period. In comparison to the rest of Europe, the linerless label market in the United Kingdom, Germany, France, and Italy, is estimated to rise consistently due to technological advancements. Moreover, the linerless labels market in Europe is fragmented, with numerous small businesses capable of responding fast to shifts in demand trends. Furthermore, the rise of linerless labels is heavily affected by political and environmental laws and rising raw material prices.
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Linerless Labels Market
