Market Size – USD 1.60 billion in 2019, Market Growth – CAGR of 3.9%, Market trends – High demand from the APAC region.
The global Linerless Labels Market is forecast to reach USD 2.18 Billion by 2027, according to a new report by Reports and Data. They are pressure-sensitive labels and are generally used in packaging. They have applications in various product materials and are also customized to fit all shapes and sizes. From cosmetic products to plants and nursery products, linerless labels are a useful marketing tool that is known for its quality and versatility.
Linerless labels are free of any hassles and are available in different variety of adhesives. Moreover, the growing demand for consumer goods and flexible packaging will propel the demand. However, fluctuations in the price of the raw materials of the product will hamper the market demand. The increase in the demand for biodegradable, eco-friendly, and versatile labels is expected to augment market demand.
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Another growing factor of the market is the high demand from the pharmaceutical industry. An increase in the application of these labels in transportation and shipping are anticipated to foster the demand of the market during the forecast period. Brand owners have adopted these labels to increase their brand recognition and enhance the promotional activity, especially for seasonal and regional variants, and respond accordingly.
The COVID-19 impact:
The COVID-19 pandemic is having a significant impact on the linerless label industry. Demand for the product is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
Key participants include:
For the purpose of this report, Reports and Data have segmented the global Linerless Labels Market on the basis of Adhesion Type, Printing Technology, Application, and region:
Adhesion Type Outlook (Revenue, USD Billion; 2017-2027)
Printing Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Further key findings from the report suggest
Table Of content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Linerless Labels Market Segmentation & Impact Analysis
4.1. Linerless Labels Market Material Segmentation Analysis
……
Chapter 10. Company Profiles
10.1. CCL Industries Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. 3M Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Avery Dennison Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. R.R Donnelley & Sons Company
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Multi-Color Corporation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
10.6. Sato Holdings Corporation
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Technology Insights
Continued….
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