Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1876.3 Million | USD 3025.59 Million | 4.9% | 2023 |
According to a report from Zion Market Research, the global Linerless Labels Market was valued at USD 1876.3 Million in 2023 and is projected to hit USD 3025.59 Million by 2032, with a compound annual growth rate (CAGR) of 4.9% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Linerless Labels industry over the next decade.
Ever-evolving features in packaging not only reflect the brand name but also differentiate product packaging from competitors. These packaging and labels comprise right information about the product. In addition, they also include anti-counterfeiting properties accompanied with tracing & tracking technologies, which helps the vendor to keep a track of incoming ingredients, internal processing and packaging, and outgoing shipments to traders. Linerless labels are hassle less, liner, and free of waste and are available in a variety of adhesives, which fits the exact need of the application.
Major factors responsible for the global linerless labels market growth are the preservation of natural resources, prevention of waste, and energy efficiency. Escalating demand for consumer goods coupled with flexible packaging industry may offer numerous growth opportunities to the market to grow in the near future. Additionally, the remarkable growth of food and beverage packaging products along with rising demand for logistics and consumer durables has encouraged vendors to increase the demand of the global linerless labels market. However, growing raw material cost and lack of awareness about types of labeling technologies, and environmental concerns in terms of printing on labels are some factors restraining the growth of the global market.
The global linerless labels market is classified based on applications, printing ink, composition, and printing technology.
The application segment includes consumer products, food & beverage, personal care, pharmaceuticals, retail, and others.
The printing ink segment consists of holt melt-based ink, water-based ink, UV curable ink, and solvent-based ink.
Further, the composition segment comprises face stock, adhesives, composition, and others.
Moreover, the global linerless labels market is divided based on printing technology as lithography printing, digital printing, letterpress printing, flexographic printing, screen printing, and gravure printing.
Report Attributes | Report Details |
---|---|
Report Name | Linerless Labels Market |
Market Size in 2023 | USD 1876.3 Million |
Market Forecast in 2032 | USD 3025.59 Million |
Growth Rate | CAGR of 4.9% |
Number of Pages | 110 |
Key Companies Covered | R.R. Donnelley & Sons Company, 3M Company, Innovia films, CCL Industries Inc., and RR Donnelley & Sons Company. Other players influencing the global market are Coveris Holdings S.A., Reflex Labels limited, and Constantia Flexible Group GmbH |
Segments Covered | By Applications, By Printing Ink, By Composition, By Printing Technology And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geography segment of the global linerless labels market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is anticipated to witness high growth mainly due to consistent economic growth and increasing population. This region accompanied by numerous opportunities to expand and gain market footprint. The major companies operating in this region focus on grabbing largest market share. Europe and North America are anticipated to show steady growth in the next few years. Rising market consolidation along with the presence of a huge number of players is trying to tap the linerless labels market in North America and Europe. Latin America and the Middle East are anticipated to witness substantial growth in the coming years.
Some main participants of the Linerless Labels market
Other players influencing the global market are
FrequentlyAsked Questions
Preservation of natural resources, prevention of waste, and energy efficiency is one of the key driving factors which promote the growth of the market. The rising demand for logistics and consumer durables and the rising penetration of the products in the segment is also considered as one of the major driving factor for promoting the growth of the market.
According to Zion Market Research, global Linerless Labels Market was valued at USD 1876.3 Million in 2023 and is projected to hit USD 3025.59 Million by 2032, with a compound annual growth rate (CAGR) of 4.9% during the forecast period 2024-2032.
Asia Pacific region hold the largest market share in the year 2019. Recent, heavy growth in consumption followed by rising population and economic growth of countries like India, China, Vietnam and various others is one of the major factors promoting the growth of the market in Asia Pacific region.
Some main participants of the Linerless Labels market are R.R. Donnelley & Sons Company, 3M Company, Innovia films, CCL Industries Inc., and RR Donnelley & Sons Company. Other players influencing the global market are Coveris Holdings S.A., Reflex Labels limited, and Constantia Flexible Group GmbH.
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