Global Self-Adhesive Labels Market Growth 2016-2024

Global Self-Adhesive Labels Market to Reach US$ 34 Bn by 2024-end
Manufacturers across multiple industrial verticals will continue to seek ways in which
they can save costs, and adopting effective labeling solutions has become a popular
modus to accomplish this objective. During selection of best-suited labeling
techniques, self-adhesives labels behold higher competency and advantage. Selfadhesive labels are quality products offered at low cost compared to other types of
labels, and are constrained to the limits of label design. Resistance to direct sunlight
and icy water boosts the operating efficiency of self-adhesive labels to 15% and
higher. Persistence Market Research predicts that self-adhesive labels will remain in
great demand in the future, and by the end of 2024, their global sales will net
revenues worth US$ 33,940 Mn.
According to Persistence Market Research’s report, the global market for selfadhesive labels, which is presently valued at nearly US$ 23,000 Mn, shall expand at
5.3% CAGR through 2024. The report also projects that by 2020, nearly 29,000
square meters of self-adhesive labels will be sold across the globe. Affordability of
self-adhesive labels over other labels is cited as a key driver for the market’s growth.
The report also observes that superior adhesion offered by permanent self-adhesive
labels will keep compelling manufacturers towards their adoption.
In addition to this, growing retail sector, particularly in emerging markets, has led to
emergence of modern retail formats that sell wide range of product categories in large
quantities. The need to differentiate products on shelves has compelled self-adhesive
label manufacturers to offer high quality labels that satisfy the packaging and
labelling objectives of their clients operating in retail and food markets. The report
has profiled self-adhesive label manufacturers that are actively participating in the
global market and have a considerable contribution towards its growth. These
include, Lintec Corporation, CCL Industries, Symbio, Inc., Avery Dennison
Corporation, Thai KK, UPM-Raflatac, PMC Label, and Fuji Seal International, Inc.
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According to the American Foundation for the Blind, at least 20 million people in the
US are suffering from vision loss. Label manufacturers are willing to understand the
need to serve this market, and it is now made mandatory to include braille labels on
pharmaceutical labels. Production of braille self-adhesive labels will help
manufacturers charter into explored market for blind consumers.
Moreover, self-adhesive labels have emerged as an affective substitute for glue
applied labels by eliminating the manual requirement for applying glue. Eliminating
manual process also adds to overall cost-effectiveness of self-adhesive labels as
automatic processes can be implemented for bulk application at faster speeds.
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Global Self-Adhesive Labels Market: Key Report Highlights
1. In the due course of the forecast period, permanent self-adhesive labels will be
observed as top-selling products, procuring more than three-fourth of global
2. Through 2024, the market will remain split among plastic and paper as base
labeling materials, with the former securing 50.6% share of global market
3. Food & beverage will remain the largest end-user of self-adhesive labels,
global revenues from which are anticipated to register 5.5% CAGR
4. Collectively, North America and Europe will account for half of global
revenues, while Asia-Pacific will be observed as the largest market for selfadhesive labels – garnering revenue share of nearly 40%
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