$47.89 Bn Print Label Market - Global Growth, Trends, and Forecast 2019-2024

DUBLIN, June 26, 2019 /PRNewswire/ -- The "Print Label Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

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The print label market was valued at USD 37.62 billion in 2018 and is expected to reach USD 47.89 billion in 2024 at a CAGR of 4.11% over the forecast period (2019-2024).

The rapid ascension of digital print technology has made the print labels market more sophisticated and increased the adoption of print labels globally. Their versatility and flexibility, combined with the high graphics standards are the key growth features.

    --  Factors such as the increasing demand for manufactured goods and an
        upsurge in the disposable income of people worldwide will impel the
        prospects for market growth until the end of the forecast period.
    --  Many organizations believe that print label is the perfect approach to
        attract a customer and gain huge traffic toward the brand. Digital
        technology has now started aiding the industry in making attractive
        label designs, to encourage potential consumers to make purchases. The
        integration of digital technology with the existing label printing
        technique is bound to bring a huge change to all the small-scale as well
        as large-scale sectors, improving the overall market.
    --  Label printing however in harsh environments is a challenge for
        companies due to the lack of necessary labeling technology and
        associated costs. Nevertheless, as the market is evolving, with the
        advent of new printing technology, it is expected that this challenge
        will have a minor effect on the overall growth of the market during the
        forecast period.

Scope of the Report

Print labels are the primary source of communication between a company and its customers. Labels contribute majorly to how a consumer perceives a particular product while looking at a product label and how much of an impact it makes on the consumer's mind.

Key Market Trends

FMCG is Expected to Hold a Significant Share

    --  The sectors considered under the scope of the FMCG vertical are food,
        beverage, cosmetics, and toiletry, among others. Labeling is an
        indispensable part of marketing, which impact and profoundly influences
        consumer buying behaviour. With the expanding pool of brand choices in
        the FMCG industry, brand managers and designers are searching for ways
        to attract customers.
    --  Increasing demand for personal care products and food & beverage is
        expected to drive consumption of FMCG products. The increasing demand
        and revenue from food and beverage sector particularly are primarily
        driving the market.
    --  The beverage industry is witnessing a growing trend of print labeling
        owing to personalization. Manufacturers are continually looking for new
        ways to present their products and create new identities for their
        brand. This demand forces new labeling technologies to develop and
        expand continuously.

Asia-Pacific is Expected to Hold Major Share

    --  Asia-Pacific is home to the largest population in the world. The Chinese
        economy has been growing rapidly from the turn of the century,
        government regulations allowing foreign firms to invest heavily, and the
        need for brand recognition among the large consumer-base has led
        advertising to reach a new high in the country.
    --  The major applications of print labels in the country include the
        cosmetics, food, and medical care sectors, which have significant
        demand, owing to the large population in the region.
    --  China is a fast developing market, with the adoption of efficient and
        better-performing technologies to produce a higher quality of products
        has resulted in the print label market expanding quickly in future. With
        infrastructure development, the country is slowly shifting toward more
        sustainable methods, such as practices that support recycling. This is
        leading to a rise in the demand for products, such as liner-less labels,
        biodegradable face-stocks, and recyclable liners.

Competitive Landscape

The print label market is highly competitive and consists of several major players. Many companies are increasing their market presence by introducing new products or by entering into strategic partnerships or acquisitions.

    --  July 2018 - Fortis Solutions Group acquired Lewis Label Products
        Corporation, a manufacturer of pressure sensitive labels, shrink sleeves
        and flexible packaging products. This acquisition has bolstered the
        company's product offerings to include shrink sleeves and allowed them
        to broaden their flexible packaging and pressure sensitive labeling
        capabilities.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Evolution of Digital Print Technology
4.3.2 Increased Focus towards Manufacturing in Developing Economies
4.4 Market Restraints
4.4.1 Lack of Products With Ability to Withstand Harsh Climatic Conditions
4.5 Technology Overview
4.6 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION
5.1 By Technology
5.1.1 Offset
5.1.2 Flexography
5.1.3 Rotogravure
5.1.4 Screen
5.1.5 Letterpress
5.1.6 Digital Printing
5.2 By Type
5.2.1 Wet-glued Label
5.2.2 Pressure-sensitive or Self-adhesive Labels
5.2.3 Linerless Label
5.2.4 Multipart Barcode Label
5.2.5 In-mold Label
5.2.6 Shrink Sleeve Label
5.3 By End User
5.3.1 FMCG
5.3.2 Hospital
5.3.3 Manufacturing
5.3.4 Agriculture
5.3.5 Fashion and Apparel
5.3.6 Electronics and Appliance
5.3.7 Automotive
5.3.8 Other End Users
5.4 Geography

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fort Dearborn Company
6.1.2 Mondi Group
6.1.3 Ahlstrom-Munksj Oyj
6.1.4 Autajon Group
6.1.5 Avery Dennison Corporation
6.1.6 CCL Industries
6.1.7 Multi Packaging Solutions (WestRock Company)
6.1.8 Clondalkin Group
6.1.9 Cenveo Corporation
6.1.10 Brady Corporation
6.1.11 Fuji Seal International Inc.
6.1.12 Constantia Flexibles Group GmbH
6.1.13 Bemis Company Inc.
6.1.14 R.R. Donnelley & Sons Company
6.1.15 3M Company
6.1.16 Taylor Corporation

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/oxatlu

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