Labels Market size is to grow by 14.58 billion m2 from 2021 to 2026|3M Co., Adhesive Products Inc., Amcor Plc, and more to emerge as key players- Technavio

NEW YORK, July 19, 2023 /PRNewswire/ -- The labels market size is estimated to grow by 14.58 billion m2 from 2021 to 2026 at a CAGR of 4.27% according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including 3M Co., Adhesive Products Inc., Amcor Plc, Avery Dennison Corp., Berry Global Group Inc., CCL Industries Corp., Cenveo Worldwide Ltd., CPC Montreuil, Darley Ltd., G3 Enterprises Inc., Heidelberger Druckmaschinen AG, HERMA GmbH, Inland Label and Marketing Services LLC, Intertape Polymer Group Inc., Jet Label, Jindal Films Europe SARL, LINTEC Corp., Mondi plc, Multi Color Corp., Nova Label Co. Inc., Pdc International Corp., SATO America, and WestRock Co.

Labels Market Insights -

• Vendors: 15+, Including 3M Co., Adhesive Products Inc., Amcor Plc, Avery Dennison Corp., Berry Global Group Inc., CCL Industries Corp., Cenveo Worldwide Ltd., CPC Montreuil, Darley Ltd., G3 Enterprises Inc., Heidelberger Druckmaschinen AG, HERMA GmbH, Inland Label and Marketing Services LLC, Intertape Polymer Group Inc., Jet Label, Jindal Films Europe SARL, LINTEC Corp., Mondi plc, Multi Color Corp., Nova Label Co. Inc., Pdc International Corp., SATO America, and WestRock Co. among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Type (Pressure-sensitive labels, Glue-applied labels, Sleeve labels, and In-mold labels) and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

To understand more about the labels market, request a sample report

Labels market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

The market growth is driven by the increasing demand for sleeve labels. Sleeve labels offer innovative advertising prospects and eliminate the need for colored containers. Vendors utilize the space provided by full-body shrink-sleeve labels to incorporate eye-catching logos, pictures, and designs. With enhanced container coverage, sleeve labels provide vendors with ample area to engage prospective consumers and provide additional product information, including details about ingredients, in compliance with regulations. This creates a positive perception of the product in the consumer's mind and enhances the vendor's market position. These advantages will propel market growth during the forecast period.

Key Market Trend- The increased implementation of barcode technology is a key market trend driving growth. Barcodes serve as a prominent method of product identification and are widely used for track-and-trace purposes. They play a crucial role in supply chain management by documenting and securing various information such as manufacturing date, location, batch number, and expiry date. The food and beverage industry, in particular, has witnessed a growing demand for barcode labels, specifically pressure-sensitive labels with 2D and 3D barcode technology. With the ability to be read by mobile phones through QR codes, 2D barcode labels are gradually reducing the need for specialized readers in the logistics industry. The increasing adoption of 2D barcode labels is expected to fuel market growth during the forecast period.

Key Market Challenge- The increase in raw material prices is hindering the market growth. According to CARE Ratings Ltd., the domestic price of propylene in India rose by over 6% in 2021 compared to the previous year. This price increase is expected to impact the cost of additives used in label applications, further influencing the overall label prices. For example, Clariant announced a significant immediate price increase of up to 25% for its additives in July 2021. Additionally, the growing demand for various labels from manufacturers across industries has resulted in a shortage of raw materials, leading to a further rise in label prices. In response to the rising costs, label manufacturers are exploring low-priced substitutes, sparking intense price competition in the market. Consequently, the volatility in raw material prices and price wars driven by substitute labels are anticipated to limit the growth of the global market during the forecast period.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a  sample report!

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings 
• Get a holistic view of the market

Grow your profit margin with Technavio- Buy the Report

What are the key data covered in this labels market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the labels market between 2022 and 2026
• Precise estimation of the labels market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the labels market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of labels market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports: 

The shrink sleeve and stretch sleeve labels market share is expected to increase by USD 3,673.25 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.87%. This report extensively covers shrink sleeve and stretch sleeve labels market segmentation by product type (stretch sleeves label and shrink sleeves label), geography (APAC, North America, Europe, South America, and the Middle East and Africa), application (food and beverage, healthcare, and beauty and personal care), and material (polyvinyl chloride (PVC) sleeve labels, polyethene terephthalate glycol (PETG) sleeve labels, oriented polystyrene (OPS) sleeve labels, polyethene terephthalate glycol (PETG) sleeve labels, and others). The increase in demand for sleeve labels is a major factor driving the global shrink sleeve and stretch sleeve labels market share growth.

The healthcare and laboratory labels market share is expected to increase by 1.22 billion m2 from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.79%. This report extensively covers market segmentation by end-user (pharmaceutical, nutraceutical, medical devices, laboratory, and others) and geography (APAC, Europe, North America, South America, and MEA). One of the key factors driving growth in the healthcare and laboratory labels market is the increasing investments in drug discovery.

Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021 

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (million m2)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (million m2)
• Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Pressure-sensitive labels - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Pressure-sensitive labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 29: Data Table on Pressure-sensitive labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 30: Chart on Pressure-sensitive labels - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Pressure-sensitive labels - Year-over-year growth 2021-2026 (%)

• 5.4 Glue-applied labels - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Glue-applied labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 33: Data Table on Glue-applied labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 34: Chart on Glue-applied labels - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Glue-applied labels - Year-over-year growth 2021-2026 (%)

• 5.5 Sleeve labels - Market size and forecast 2021-2026
• Exhibit 36: Chart on Sleeve labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 37: Data Table on Sleeve labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 38: Chart on Sleeve labels - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Sleeve labels - Year-over-year growth 2021-2026 (%)

• 5.6 In-mold labels - Market size and forecast 2021-2026
• Exhibit 40: Chart on In-mold labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 41: Data Table on In-mold labels - Market size and forecast 2021-2026 (million m2)
• Exhibit 42: Chart on In-mold labels - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on In-mold labels - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Type 
• Exhibit 44: Market opportunity by Type (million m2)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 (million m2)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 (million m2)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 (million m2)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 (million m2)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 58: Chart on North America - Market size and forecast 2021-2026 (million m2)
• Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 (million m2)
• Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 (million m2)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (million m2)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 (million m2)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 (million m2)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 (million m2)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 (million m2)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 (million m2)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 (million m2)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 (million m2)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 (million m2)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 France - Market size and forecast 2021-2026
• Exhibit 82: Chart on France - Market size and forecast 2021-2026 (million m2)
• Exhibit 83: Data Table on France - Market size and forecast 2021-2026 (million m2)
• Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 (million m2)
• Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 (million m2)
• Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography (million m2)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers 

• 8.2 Market challenges 

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends 

9 Vendor Landscape

• 9.1 Overview 

• 9.2 Vendor landscape 
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 3M Co. 
• Exhibit 97: 3M Co. - Overview
• Exhibit 98: 3M Co. - Business segments
• Exhibit 99: 3M Co. - Key news
• Exhibit 100: 3M Co. - Key offerings
• Exhibit 101: 3M Co. - Segment focus

• 10.4 Amcor Plc 
• Exhibit 102: Amcor Plc - Overview
• Exhibit 103: Amcor Plc - Business segments
• Exhibit 104: Amcor Plc - Key news
• Exhibit 105: Amcor Plc - Key offerings
• Exhibit 106: Amcor Plc - Segment focus

• 10.5 Avery Dennison Corp. 
• Exhibit 107: Avery Dennison Corp. - Overview
• Exhibit 108: Avery Dennison Corp. - Business segments
• Exhibit 109: Avery Dennison Corp. - Key news
• Exhibit 110: Avery Dennison Corp. - Key offerings
• Exhibit 111: Avery Dennison Corp. - Segment focus

• 10.6 Berry Global Group Inc. 
• Exhibit 112: Berry Global Group Inc. - Overview
• Exhibit 113: Berry Global Group Inc. - Business segments
• Exhibit 114: Berry Global Group Inc. - Key news
• Exhibit 115: Berry Global Group Inc. - Key offerings
• Exhibit 116: Berry Global Group Inc. - Segment focus

• 10.7 CCL Industries Corp. 
• Exhibit 117: CCL Industries Corp. - Overview
• Exhibit 118: CCL Industries Corp. - Product / Service
• Exhibit 119: CCL Industries Corp. - Key offerings

• 10.8 Cenveo Worldwide Ltd. 
• Exhibit 120: Cenveo Worldwide Ltd. - Overview
• Exhibit 121: Cenveo Worldwide Ltd. - Product / Service
• Exhibit 122: Cenveo Worldwide Ltd. - Key offerings

• 10.9 Intertape Polymer Group Inc. 
• Exhibit 123: Intertape Polymer Group Inc. - Overview
• Exhibit 124: Intertape Polymer Group Inc. - Product / Service
• Exhibit 125: Intertape Polymer Group Inc. - Key offerings

• 10.10 LINTEC Corp. 
• Exhibit 126: LINTEC Corp. - Overview
• Exhibit 127: LINTEC Corp. - Business segments
• Exhibit 128: LINTEC Corp. - Key offerings
• Exhibit 129: LINTEC Corp. - Segment focus

• 10.11 Multi Color Corp. 
• Exhibit 130: Multi Color Corp. - Overview
• Exhibit 131: Multi Color Corp. - Product / Service
• Exhibit 132: Multi Color Corp. - Key news
• Exhibit 133: Multi Color Corp. - Key offerings

• 10.12 WestRock Co. 
• Exhibit 134: WestRock Co. - Overview
• Exhibit 135: WestRock Co. - Business segments
• Exhibit 136: WestRock Co. - Key news
• Exhibit 137: WestRock Co. - Key offerings
• Exhibit 138: WestRock Co. - Segment focus

11 Appendix

• 11.1 Scope of the report 

• 11.2 Inclusions and exclusions checklist
• Exhibit 139: Inclusions checklist
• Exhibit 140: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 141: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 142: Research methodology
• Exhibit 143: Validation techniques employed for market sizing
• Exhibit 144: Information sources

• 11.5 List of abbreviations 
• Exhibit 145: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio