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Published Date: 2017-09-20Number of Pages: 170

Pressure Sensitive Labels Market (Face Stock Material - Paper, Polypropylene, Polyethylene, PET; Application - Food and Beverage, Pharmaceuticals, Transportation and Logistics, Home and Personal Care, Semiconductor and Electronics, Retail; Label Type - Permanent, Removable) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global Pressure Sensitive Labels Market: Snapshot

The global pressure sensitive labels market has made rapid progress in recent years thanks to the growth of the global retail sector and the food and beverage industry, which have become dominant consumers for the pressure sensitive labels market. Pressure sensitive labels, also called adhesive-backed labels, are used in a wide variety of applications due to their ease of use and the ease they provide in incorporating other technologies such as barcodes into their design, which makes them easy to incorporate into the day-to-day functioning of industries. The ease of incorporating branding material in the design of pressure sensitive labels has also driven their adoption in various sectors and is likely to remain a key driver for the global market in the coming years.

The global pressure sensitive labels market was valued at US$86.8 bn in 2017. According to Transparency Market Research, the global pressure sensitive labels market is likely to exhibit a 5.2% CAGR over the 2017-2022 forecast period and emerge with a valuation of US$112 bn by 2022.

pressure sensitive labels market

Growth of Logistics, Transportation Sector Crucial for Pressure Sensitive Labels Market

One of the major drivers for the global pressure sensitive labels market is the steady growth of the logistics sector in recent years, as well as the rapid subsequent growth of the transportation industry. Logistics has become vital due to the growing adoption of long-distance shipping chains and the need to multiply sales outlets. The pressure sensitive labels market has gained significantly from this trend due to the ease of applying pressure sensitive labels and garner consumer interest. The ease of delivering product information in an attractive format is likely to drive demand for pressure sensitive labels from the logistics and transportation sector in the coming years.

Food and Beverage Industry Likely to Dominate Demand from Pressure Sensitive Labels Market

Growth of the food and beverage industry is likely to be vital for the pressure sensitive labels market. The growing use of food packaging technology in order to facilitate long-distance shipping has made pressure sensitive labels absolutely vital to the food and beverage sector, as they provide the means to incorporate product information, regulatory information, as well as identification data such as barcodes on packaged food.

Paper Likely to Remain Preferred Base Material in Pressure Sensitive Labels Market

Of the various materials used to produce pressure sensitive labels, paper is likely to remain in demand over the coming years due to the convenience of printing paper sheets in various designs. Paper accounted for 42.7% of the global pressure sensitive labels market in 2017, with the segment valued at more than US$37 bn. According to Transparency Market Research, the paper pressure sensitive labels market is likely to exhibit a strong 4.7% CAGR in the 2017-2022 forecast period to rise to a valuation of US$46.6 bn.

Asia Pacific except Japan Set to Dominate Global Pressure Sensitive Labels Market

Geographically, the global pressure sensitive labels market is likely to be dominated by demand from emerging economies in Southeast Asia. Countries such as China, India, South Korea, Malaysia, Indonesia, and Taiwan, where urban development is being carried out at a rapid rate and the local economy is subsequently expanding at robust rates, the pressure sensitive labels industry is likely to be boosted by the growing demand for transportation options. The growing retail sector in these countries, thanks to the rising disposable income of consumers in this region, is also likely to lead to a rise in the demand from the pressure sensitive labels market in Asia Pacific except Japan. APEJ accounted for 33.5% of the global pressure sensitive labels market in 2017 and is likely to consistently remain a leading contributor over the 2017-2022 forecast period.

Competitive Dynamics

Major players in the global pressure sensitive labels market include Avery Dennison Corporation, Henkel, CCL Label Inc., Lintec, Constantia Flexibles Group GmbH, Coveris Holdings SA, 3M, Inland Labels, Fuji Seal International, Inc., and UPM-Raflatac.

Global Pressure Sensitive Labels Market: Overview

The report on the global pressure sensitive labels market profiles various aspects of the market to deliver a comprehensive elaboration on the market to readers. The various factors affecting the global pressure sensitive labels market are assessed to deliver an accurate understanding of the various ways the growth trajectory of the pressure sensitive labels market is likely to be affected in the coming years. The report provides a detailed look at the segmentation of the global pressure sensitive labels market in order to provide readers with a clear idea of the hierarchy of the market and which segments are most likely to prosper in the coming years. The geographical dynamics of the global pressure sensitive labels market are also studied in the report, along with information on how the growth of major segments is likely to affect the growth potential of the global pressure sensitive labels market in the coming years. 

According to Transparency Market Research, the global pressure sensitive labels market was valued at US$86.8 bn in 2017 and is expected to rise to a value of more than US$112 bn by 2022. The market is thus likely to exhibit a steady 5.2% CAGR in the 2017-2022 forecast period. 

Global Pressure Sensitive Labels Market: Dynamics

The global pressure sensitive labels market is highly dependent on the dynamics of its end use industries, as the dynamic working conditions in several leading end use applications of the pressure sensitive labels market can lead to changes in demand patterns. The report studies the various factors likely to affect the growth trajectory of the global pressure sensitive labels market in the coming years and delivers a comprehensive assessment of which factors are expected to have a lasting impact on the market’s growth. 

The logistics and transportation industry is likely to play a key role in the growth of the pressure sensitive labels market in the coming years due to its growing commercial scope. The pressure sensitive labels industry has benefited from the advantages pressure sensitive labels provide at relatively cheap prices, making its steady growth likely in the coming years. The growing amount of effort from pressure sensitive labels industry players to make the labels more environmentally viable is also likely to aid the growth prospects of the pressure sensitive labels market in the coming years. 

Global Pressure Sensitive Labels Market: Segmentation

Paper is likely to remain the material of choice for the global pressure sensitive labels industry in the coming years. The paper pressure sensitive labels market accounted for more than US$37 bn in 2017, taking up 42.7% of the global market, and is likely to rise to US$46.7 bn by 2022 at a solid CAGR of 4.7%. The convenience and environmental viability of paper in the production of pressure sensitive labels is likely to remain vital for the pressure sensitive labels market in the coming years. 

Geographically, Asia Pacific except Japan is expected to dominate the global pressure sensitive labels market, with a revenue valuation of around US$35 bn allowing the region to account for 33.5% of the global pressure sensitive labels market in 2017. The Asia Pacific except Japan market for pressure sensitive labels is likely to further increase its presence in the global market figures in the coming years thanks to the steady growth prospects of the transportation, logistics, retail, and consumer electronics industry in countries such as China, India, Taiwan, and South Korea. 

Global Pressure Sensitive Labels Market: Competitive Dynamics

Leading companies in the global pressure sensitive labels market include Avery Dennison Corporation, Henkel, CCL Label Inc., Lintec, Constantia Flexibles Group GmbH, Coveris Holdings SA, 3M, Inland Labels, Fuji Seal International, Inc., and UPM-Raflatac. 


 
 
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