Global Pressure Sensitive Adhesive Labels Market by Compositions (Top coat, Face stock, Adhesive, and Liner) by Technology (Water based, Solvent based, Radiation, Hot Melt, and others) by Application (Food & beverages, Pharmaceuticals, Automotive, and others) and Region - Forecast to 2021
Pressure Sensitive Adhesive Labels Market Overview
Considering the colossal growth, the market witnesses at present, Market Research Future (MRFR) in its recently published analysis asserts that the global Pressure Sensitive Adhesive Labels Market is expected to garner exponential gains by 2023, registering a steady CAGR throughout the forecast period (2016 to 2021). The market is further expected to see increasing traction in the years to come.
Advantages of these labels are a key driving force increasing the sales in the market. Stringent government regulations about the food safety act as a major tailwind pushing up the growth of the Pressure Sensitive Adhesive Labels Market. Additionally, augmenting demand for pharmaceutical and medical grade products alongside, the increase in the flexible packaging industry provides a considerable impetus to the market growth.
Conversely, volatility in the prices and the demand-supply gap in raw materials required for the production of pressure sensitive labels are obstructing the growth of the market. However, the rapidly growing pharmaceuticals and eCommerce industry would support the growth of the market, pushing up the demand in the market to furthered heights.
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Players leading the global Pressure Sensitive Adhesive Labels Market include
- Henkel AG & Co.
- Constantia Flexibles Group GmbH
- Avery Dennison Corporation
- Technicote Inc.
- CCL Industries Inc.
- Lintec Corporation
- NSD International
- UPM Raflatac
- Reflex Labels Ltd.
- NAStar Inc.
- Inland Label and Marketing Services LLC.
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Industry/ Innovation/ Related News
June 04, 2019 ---- Fortis Solutions Group LLC (US), a portfolio company of Main Post Partners, announced the acquisition of Label Technology Inc, (the US) a printer of flexible packaging, stand-up pouches, and pressure sensitive labels.
Label Technology is an award-winning printer serving a wide range of industries including the food, natural products, nutraceutical, cosmetic, and health & beauty end markets. The acquisition is an ideal fit for Fortis, which would create a truly national footprint for the organization while broadening its product offerings across multiple vertical markets.
June 02, 2019 ---- Fortis Solutions Group LLC (US), a portfolio company of Main Post Partners, announced the acquisition of Infinite Packaging Group, Inc. (the US), a portfolio company of Svoboda Capital Partners LLC.
Global Pressure Sensitive Adhesive Labels Market – Segments
For a better understanding, the Pressure Sensitive Adhesive Labels Market has been segmented into four key dynamics:
By Compositions : Top Coat, Face Stock, Adhesive, and Liner, among others.
By Technology : Water-based, Solvent-based, Radiation, and Hot Melt, among others.
By Application : Food & beverages, Pharmaceuticals, and Automotive, among others.
By Regions : Asia Pacific, Europe, North America, and the Rest-of-the-World.
Pressure Sensitive Labels Market – Regional Analysis
The Asia Pacific region heads the global Pressure Sensitive Adhesive Labels Industry. Rapid growth in e-commerce and transportation sectors, alongside, the growing organized retails that have widened the scope of warehousing solutions are fostering the growth of the regional market, creating a staggering demand for pressure sensitive labels. Growing industrial activities along with the improving purchasing power of the consumers and changing lifestyle, are creating enormous opportunities in the regional market.
The Pressure Sensitive Adhesive Labels Market in China led by the high demand from the consumer goods industry is positioned as the largest market in the region. Other significant growth contributors to the regional market are India, Thailand, and Japan.
Pressure Sensitive Adhesive Labels Markets in North America and Europe are growing significantly too. Factors such as the high demand for packaged food items alongside, the burgeoning industries such as pharmaceutical and automotive are encouraging the uptake of the pressure sensitive labels application.
Pressure Sensitive Adhesive Labels Market – Competitive Analysis
Highly competitive, the Pressure Sensitive Labels Manufacturers Market appears to be fragmented due to the presence of numerous large and small-scale players. Always looking for a competitive advantage, manufacturers operating in the Pressure Sensitive Adhesive Labels Market apply the adhesion science and technologies to develop competing products. They strive to provide high-quality products based on innovative technology that can improve their client’s business to achieve their ROI targets.
Key strategic initiatives traced from the recent developments of key players include agreement & partnership, product launch, acquisition, and expansion. Companies invest substantially for new product development, innovations, brand building, and in the required R&D activities to achieve their goals. To support their competitive position, these players foster strong relationships with their clients.
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