Global Laminated Labels Market Trends, Opportunities and Forecasts to 2023: Market to Reach Almost $100 Billion - ResearchAndMarkets.com

The "Global Laminated Labels Market - Industry Trends, Opportunities and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.

The global laminated labels market is projected to grow at a CAGR of 5.05% during the forecast period to grow to US$99.829 billion by 2023 from US$78.042 billion in 2018.

Laminated labels are labels with a protective layer which are useful for increasing their life-expectancy by holding up in adverse conditions such as moisture, chemicals, solvent, temperatures, and salt spray among others.

Increasing demand for flexible packaging products is driving the demand for laminated labels worldwide. Laminated labels provide protection to the labels from adverse conditions, making it cost-effective for the manufacturers and managers as it saves their time and resources on replacing damaged and faded barcode. Due to the longevity of these labels, its applications are increasingly used in the packaging of products in FMCG, healthcare, consumer electronics, apparel and textile, and home and personal care among other industries.

The demand for laminated labels will rise in the Asia Pacific region due to massive consumption and growing demand for retail-ready products. Moreover, growing investment in the manufacturing sector in the developing economies such as India and China will augment the demand for laminated labels during the forecast period.

The global laminated labels market is highly competitive due to a huge consumer base and presence of well-diversified international, regional, and local players. There is a growing need for an affordable, durable and attractive label for the packaging and display of products which is inviting new players in the market. Intense competition in the laminated labels market is paving the way for adopting competitive strategies by existing corporations to augment their market share.

Some of the major players discussed in this report are 3M, CCL Industries Incorporated, Coveris Holdings S.A., and Avery Dennison Corporation among others.

Segmentation

By composition:

  • Adhesive
  • Facestock
  • Release Liner

By material:

  • Vinyl
  • Polypropylene
  • Polyester
  • UL & UV approved laminates
  • Others

By printing technology:

  • Flexographic printing
  • Screen printing
  • Lithography printing
  • Digital printing
  • Others

By end user industry:

  • FMCG
  • Healthcare
  • Consumer Electronics
  • Apparel and Textile
  • Home and Personal Care
  • Others

By geography:

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia Pacific

Companies Mentioned

  • 3M Company
  • Avery Dennison Corporation
  • Coveris Holdings S.A.
  • Constantia Flexibles Group GMBH
  • CCL Industries Incorporated
  • Stickythings Limited
  • Ravenwood Packaging
  • Flexcon Company
  • Gipako

For more information about this report visit https://www.researchandmarkets.com/research/zmpt95/global_laminated?w=4