The global pressure labels market size was worth around USD 93 billion in 2021 and is predicted to grow to around USD 136 billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.2% between 2022 and 2030.
The global pressure labels market size was worth around USD 93 billion in 2021 and is predicted to grow to around USD 136 billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.2% between 2022 and 2030. The report analyzes the global pressure labels market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pressure labels market.
Pressure labels on the product packaging deliver information about the nutritional ingredients available in it, also barcodes help to trace and track the essential authentication of the devices. It is valuable and easily available; hence, many manufacturers apply them directly to the products. It is a better warehousing solution that provides security against tampered evidence and product authentication.
Pressure labels are incorporated with infrared detectable fibers, customer-exclusive watermarks, and chemical tags to keep track of the products. Active and passive tags are adjusted in the label that can be read with computer portals or hand-held devices. It depends upon the requirements that tags may or may not be visible.
Key Insights
Growth of the transportation & logistics sector to drive the market growth
The recent continuous rise of the logistics industry and the consequent rapid expansion of the transportation sector are two of the key factors driving the global market for pressure labels. The increasing use of long-distance transportation chains and the requirement for a large number of sales outlets have made logistics essential.
Due to the simplicity of applying pressure labels and the increased consumer interest, the market for pressure labels has benefited greatly from this trend. In the upcoming years, pressure labels are going to be in high demand from the logistics and transportation sector due to how simple it is to deliver product information appealingly. Thus, driving the global pressure labels market growth over the forecast period.
Stringent policies imposed by the government for labeling of food products are expected to hamper the market growth
The market is dominated by the food and beverage industry. To prevent health issues and adverse effects, food products, and perishable goods must include the date of manufacture, expiration date, and other crucial information. Certain regulations governing the packaging and labeling of food goods have been established by the government.
It is potentially dangerous for the ink and adhesives used in such labels to mix with the food and pass through the packaging. For instance, some of the ingredients in inks might be poisonous and even fatal, which restrains the market's expansion.
Growing demand from the food & beverages industry is expected to provide a lucrative opportunity for the market expansion
The growing demand from the food & beverages industry is expected to provide a lucrative opportunity for the global pressure labels market during the forecast period. Pressure labels are extremely essential to the food and beverage industry because of the expanding usage of food packaging technologies for long-distance shipment since they allow for the incorporation of product information, regulatory information, and identification data like barcodes.
Government regulations for environmental protection act as a major challenge for the market expansion
The use of plastic in labels, including polyester film, polypropylene, and others, as well as disposal issues, are major barriers to the expansion of the pressure label market. As a result of mass production and lack of recycling, plastic landfills are expanding.
According to UN Environment, just 9% of plastic is recycled, with the remainder ending up in landfills, dumping sites, and the environment. Governments have established laws and standards governing label recycling. For instance, the UK government and the Devolved Administrations, which are committed to environmental protection, have both expressed a strong desire to establish extended producer responsibility for the packaging, which would require producers to pay the full cost of disposing of the waste they produce. Thus, these factors hamper the market growth during the forecast period.
The global pressure labels market is segmented based on type, composition, printing technology, application, end-use industry, and region
Based on the type, the global market is bifurcated into release liner labels and linerless labels. The release liner labels segment accounted for the largest market share in 2021 and is expected to dominate the market during the forecast period. Pressure-sensitive labels are available with release liners to avoid adhering the labels to unwanted surfaces. In many industries, packaging and labeling processes on self-adhesive labels with release liners.
Around 90% of release liners are made up of paper due to easy availability and lower price. The rest of the labels have film release liners which are stronger than a paper liner but are comparatively expensive. It protects the labels from various factors such as dust and other minute particles that can adhere to the adhesive side of the labels and damage their sticking ability. Increasing demand for release liners from the food and pharmaceutical industry is expected to drive the market. .
However, the linerless labels are expected to grow at the highest CAGR during the forecast period owing to their cost-saving nature. Linerless printing decreases the weight of mobile printers and reduces label roll shipping costs, as linerless rolls weigh up to 40% less than traditional labels with a liner. Thus, driving segmental growth.
Based on the end-use industry, the global pressure labels market is bifurcated into food & beverages, consumer durables, pharmaceuticals, home & personal care, retail, transportation & logistics, and others. The food & beverages segment is expected to dominate the market over the forecast period.
The market for pressure-sensitive labels is projected to depend heavily on the expansion of the food and beverage sector. Pressure-sensitive labels are now an absolute necessity for the food and beverage industry due to the expanding use of food packaging technology for long-distance shipping because they allow for the incorporation of product information, regulatory information, and identification data like barcodes on packaged food. On the other hand, the pharmaceutical segment is growing at a significant rate owing to the increasing demand for pharmaceutical products.
Report Attributes | Report Details |
---|---|
Report Name | Pressure Labels Market Research Report |
Market Size in 2021 | USD 93 Billion |
Market Forecast in 2030 | USD 136 Billion |
Compound Annual Growth Rate | CAGR of 4.2% |
Number of Pages | 199 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles, UPM, 3M, Henkel AG & Co. KGaA, Mondi Group, Coveris Holdings S.A., H.B Fuller, Torraspapel Adestor among others. |
Segments Covered | By Type, By Composition, By Printing Technology, By Application, By End-use Industry, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to dominate the market during the forecast period
North America is expected to dominate the global pressure labels market during the forecast period. The market in this area is evolving toward sustainable solutions, which will drive future rapid growth. Henkel, for example, will launch Technomelt Supra ECO in February 2021. This new series of hot melt adhesives provide more sustainability and lower CO2 emissions while maintaining the performance of the Supra range.
The innovative products are the result of a beneficial partnership with Dow, which developed a bio-based polyolefin elastomer that can successfully replace materials generated from fossil fuels. In addition, Partnerships are also boosting regional market demand. In the North American pressure-sensitive label sector, for example, Mark Andy and UPM Raflatac have forged a strategic partnership. This collaboration should allow these companies to develop environmentally friendly printing solutions for both flexographic and digital converters.
On the other hand, the Asia Pacific is the largest and fastest growing market, owing to rapid growth in the food and beverage and pharmaceutical industries, which has been fueled by urbanization in China, India, and Japan. The regional pressure label market is likely to expand in line with the anticipated growth in demand for food, drinks, and medicinal products.
The global pressure labels market is dominated by players like Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles, UPM, 3M, Henkel AG & Co. KGaA, Mondi Group, Coveris Holdings S.A., H.B Fuller, Torraspapel Adestor among others.
By Type
By Composition
By Printing Technology
By Application
By End-use Industry
By Region
FrequentlyAsked Questions
Growth in the pharmaceutical industry coupled with its vast application scope in diverse industries is the major driver for the pressure labels market. Latest innovations in pressure label products and rising demand in the Asia Pacific are expected to fuel the market growth over the forecast period.
According to the report, the global pressure labels market size was worth around USD 93 billion in 2021 and is predicted to grow to around USD 136 billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.2% between 2022 and 2030.
The global pressure labels market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the increasing demand for sustainable products and growing partnerships among key players to launch innovative products.
The global pressure labels market is dominated by players like Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles, UPM, 3M, Henkel AG & Co. KGaA, Mondi Group, Coveris Holdings S.A., H.B Fuller, Torraspapel Adestor among others.
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