The Asia Pacific Self-Adhesive Labels Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
As a consequence of increased fast urbanisation, need for pharmaceutical product supply, rising consumer awareness, as well as the rise of the e-commerce industry, the industry for self-adhesive labels is predicted to grow rapidly. Consumers are accepting the packaged food products because of the growing demands for comfort and quality food products; and hence product nutritional details and other information like nutritional values of the product, as well as manufactured and expiry dates, must be printed thereby providing a potential for self-adhesive label manufacturers.
Self-adhesive labels are not just to assist to package food and consumer items, but they also help to brand the components due to their aesthetic qualities. Ingredient information, product identity, and warning and cautionary notices are all included on food and consumer products packaging. Permanent self-adhesive label manufacturers provide labels that can be affixed to a number of substances, and because the retail sector is rapidly expanding with the sale of a diverse range of products, need for permanent self-adhesive labels has been increasing in recent years.
Self-adhesive labels are becoming more popular in the area, thanks to the rising packaging and healthcare sectors in nations such as china, Japan, India, and South Korea. China has the world's second-largest packaging industry. Due to the emergence of customised packaging and growing demand for packaged consumer products in the food segment, such as microwave food, snack foods, and frozen foods, the country is predicted to grow steadily throughout the projection period. Furthermore, the country has recently experienced substantial expansion in the fast-moving consumer goods (FMCG) industry. The increased expenditure on premium and healthier products by the country's middle-class customers fueled the expansion of the FMCG business.
Growing retail industry, e-commerce industry growth, increasing industrial activities, changing lifestyle, increased spending capacity, high demand from the consumer goods sector in China, cost effectiveness, demand for product labelling from China and India, easy access to raw materials, expanding area of application of such labels in healthcare, personal care, and food and beverage industries, growing population, large customer base for these labels.
The China market dominated the Asia Pacific Self-Adhesive Labels Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.4 billion by 2027. The Japan market is estimated to witness a CAGR of 4.8% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 6.1% during (2021 - 2027).
Based on Type, the market is segmented into Release Liner and Linerless. Based on Printing Technology, the market is segmented into Flexography, Digital Printing, Lithography, Screen Printing, Gravure, Letterpress, and Others. Based on Nature, the market is segmented into Permanent, Removable and Repositionable. Based on Application, the market is segmented into Food & Beverages, Consumer Durables, E-Commerce, Retail Labels, Home & Personal Care, Pharmaceuticals and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Self-Adhesive Labels Market is Projected to reach USD 63.3 Billion by 2027, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Multi-Color Corporation (Clayton, Dubilier & Rice), Coveris Holdings S.A. (Sun Capital Partners), Fuji Seal International, Inc., Sato Holdings Corporation, CCL Industries, Inc., Huhtamaki Oyj, Lintec Corporation, Skanem AS, All4Labels Group GmbH (Triton Investments Advisers LLP), and Lecta Ltd.
By Type
By Printing Technology
By Nature
By Application
By Country
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