Published on : Oct 27, 2017
Albany, New York, October 27, 2017: Glue-applied labels are expected to take a strong hold on the global market with the surge in demand for sleeve labels and also the labels that are more pressure-sensitive. The retail stores will increase the popularity of glue-applied labels in the near future. The rising demand can also be seen as new products by companies encourage packaging industry to adopt glue applied labels that are technologically developed.
Recently, Market Research Hub has added a new report in its repository, titled “Glue-applied Labels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022”. The report gives a clear insight of the global market for glue-applied labels and the future prospects of the business. This statistical data can help the readers know the trends of market, the drivers helping the growth and also the restraints that are limiting the global market for glue applied stickers. The comprehensive research report can be an asset for the businesses planning on entering the market and also for the existing key players in the market.
The report ensures the readers to provide the desired clarity of the global market for glue-applied labels with the help of a descriptive segmentation on different parameters. These segments makes it really easy to understand how the market reacts to different factors.
Dynamics of Global Market for Glue-Applied Labels
The global market for glue-applied labels is expected to show a steady growth in the forecast period of 2017-2022. The growth is helped by various factors like businesses opting for more creative and new styles of labeling for their brands. The glue-applied labels help companies to experiment with their styles of packaging and labeling and proved to be a sustainable label option.
However the growth can be hampered with various alternatives available for labeling and packaging, yet the popularity associated with glue-applied labels saves it from much harm.
Segmentation of Global Market for Glue-Applied Labels
The global market for glue-applied labels is bifurcated on the basis of 3 categories. I.e. application, layer and stock material. The divisions for stock material includes segments like polypropylene, polyethylene terephthalate, polypropylene and paper. Out of these segments, the one that is seen as a dominant one is paper. The paper segment is expected to have a share of over US$14 bn at the end of 2022.
Based on type, the global market for glue-applied labels is divided into 2 segments, non-laminated and laminated. On the basis of application, the market is divided into retail labels, food and beverage, electronics, pharmaceutical, semiconductor and electronics, tracking, home and personal care, logistics, transportation etc.
Geographically, the segmentation of global market for glue-applied labels includes APEJ, which is projected to have a larger share in the market. The forecast indicates that APEJ is anticipated to reach at a revenue of more than US$9.5 bn by the end of 2022. Japan and MEA, can be the ones with slightly lesser market share. Other than these regions, Europe, Latin America and North America might see growing opportunities for business that are a part of the global market for glue-applied labels.
Competitive Scenario of Global Market for Glue-Applied Labels
The report provides detailes profiles of the key players in the global market for glue-applied labels. Some of these players are WS Packaging Group, Avery Dennison Corporation, Inland Labels, Coveris Holdings S.A., 3M, Constantia Flexibles Group GmbH, Lintec and Henkel.
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