Global Laminated Labels Market Size By Type (Polyester, Polypropylene), By Application (Food & Beverages, Consumer Durables), By Geographic Scope And Forecast

Laminated Labels Market Size And Forecast

Laminated Labels Market size was valued at USD 94.49 Billion in 2020 and is projected to reach USD 138.26 Billion by 2028, growing at a CAGR of 5.58% from 2021 to 2028.

The Increasing demand for the product is arising from the food & beverages industry, demand from logistics applications, and the rise in the use of laminated labels in consumer durables the major factors leading to the growth of the Laminated Labels Market. The Global Laminated Labels Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Laminated Labels Market Definition

Laminated labels come with a protective layer that rises their life expectancy by holding up in adverse conditions like chemicals, moisture, solvent, etc. Laminated labels provide ultimate durability and longevity when high friction and weather exposure are major concerns. The laminated labels are resistant to extreme temperatures & ultraviolet radiations and adeptly withstand harsh conditions that would otherwise cause physical damage to non-laminated items.

Global Laminated Labels Market Overview

The market has witnessed an increasing trend of integration across the value chain through product manufacturing and distribution. In addition, industry participants employ various strategies including mergers & acquisitions and expansion of production capacities in order to gain the market share. Rising preference for a semi-gloss or matte finish in laminates over glossy labels owing to easy scanning of barcodes on a matte finish label is one of the major trends driving the laminates segment over the forecast period. Aesthetics and high performance from evolving pressure-sensitive technologies are expected to further drive the product demand.

The market exhibits high bargaining power of buyers. Availability of substitutive options such as direct printing on containers, coupled with low switching costs of suppliers is expected to further increase their bargaining power. Furthermore, numerous suppliers offering the product to the buyers allow them to negotiate the pricing. The increasing demand for the product arising from the food & beverages industry, demand from logistics applications, and the rise in the use of laminated labels in consumer durables are some of the factors which will likely enhance the growth of the Laminated Labels Market in the forecast period of 2020-2027.

Looking ahead, it seems like the e-commerce boom and the fact that people are becoming more aware of their options will open up even more doors for the Laminated Labels Market. Think about itwe're buying more stuff, logistics are ramping up, and manufacturing is growing – all big factors pushing this market forward! Plus, industries love laminated labels because they're super durable and keep information readable for ages. You'll find them everywhere – from consumer durables to home & personal care products, and even on your favorite food & beverages.

All food & beverages segment is predicted to contribute a higher share market to the overall market growth owing to rising consumer awareness for authentic products and a rise in demand for highly durable, branded, and packaged goods. The increasing demand for flexible packaging products is stimulating the demand for laminated labels globally. Laminated labels are cost-effective for manufacturers and managers since they save their time and resources on replacing the damaged and faded barcode.

Global Laminated Labels MarketSegmentation Analysis

The Global Laminated Labels Market is segmented on the basis of Type, Application, and Geography.

Laminated Labels Market, By Type

• Polyester
• Polypropylene
• UV Sunscreen Polyester
• UL Approved Laminates
• Others

Based on Type, the market is segmented into Polyester, Polypropylene, UV Sunscreen Polyester, UL Approved Laminates, and Others. The Laminated Labels Market is facing intense competition due to a huge consumer base and the existence of well-diversified local, regional, and international players. Attractive and durable label for packaging and display of products is inviting new players into the market. Intense competition in the Laminated Labels Market is propelling the existing firms to adopt several competitive strategies to augment their market share.

Laminated Labels Market, By Application

• Food & Beverages
• Consumer Durables
• Home & Personal Care
• Pharmaceuticals
• Retail Labels
• Others

Based on Application, the market is bifurcated into Food & Beverages, Consumer Durables, Home & Personal Care, Pharmaceuticals, Retail Labels, Others. The increasing demand for flexible packaging products is stimulating the demand for laminated labels globally. Laminated labels are cost-effective for manufacturers and managers since they save their time and resources on replacing the damaged and faded barcode. Owing to the longevity of these labels, their applications are increasing in the packaging of FMCG (Fast Moving Consumer Goods) products, consumer electronics, healthcare, textiles, apparel, and home and personal care among other industries.

Laminated Labels Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Looking at the world, we can break down the Global Laminated Labels Market into regions like North America, Europe, Asia Pacific, and, well, everywhere else. We're expecting to see a big jump in demand for these labels in the Asia Pacific region. Why? Because they're buying a lot of stuff and want their retail products to look good! Plus, with more people and a growing food and beverage industry, Asia Pacific is really pushing the demand. And with China and India pouring money into manufacturing, that just means even more laminated labels will be needed down the road.

Key Players

The “Global Laminated Labels Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are CCL Industries Inc., Avery Dennison Corporation, Constantia Flexibles Group GmbH, 3M Company, Coveris Holdings S.A., Bemis Company, Inc., Flexcon Company, Inc., R.R. Donnelley & Sons Company, Stickythings Limited, and Torraspapel Adestor. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations, and Agreements

• In July 2018 – Loreal and Avery Dennison Collaborated to Reduce Label Waste. This program will assist brands in diverting glassine paper liner (waste from the label application process) from landfills into recycled material. L’Oréal Australia will redirect around six tonnes of glassine paper liner in Australia into recycled paper to be used in the recycled paper industry as part of this program.

Mergers and Acquisitions

• In July 2019 – Coveris acquired the entire stock of Amberley Adhesive Labels Ltd, a company based in Dorset, UK. Amberley’s acquisition supports the endeavor of glancing forward to the strategic growth of labels capabilities and then further working to develop the possibilities facility.

Report Scope

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Reasons to Purchase this Report

We take a deep dive into the market, using both numbers (quantitative) and insights (qualitative) to understand it, breaking it down by segmentation based on all sorts of things, not just money. We'll tell you the market value (in USD Billion!) for each part. Plus, we'll point out which regions and segments we think will grow the fastest and be the biggest. We'll analyze each region, looking at how much of the product/service is used and what's influencing the market there. Speaking of competition, we'll show you who's on top, what new stuff they're launching, who's partnering with whom, and who's buying who—all within the last five years. We'll even give you extensive company profiles, complete with overviews, insights, product comparisons, and SWOT analyses for the major players. You'll get the scoop on the current and future market outlook, including growth opportunities, drivers, challenges, and restraints in both up-and-coming and established regions. We’ll also give you an in-depth analysis through Porter's five forces and a clear understanding of the Value Chain. Finally, we'll lay out the market dynamics, growth opportunities, and even throw in 6 months of post-sales support from our analysts!

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