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Laminated Labels Market - Global Industry Analysis and Forecast | 2024

The growing demand for packaged ready-to-go food & beverages and increasing labeling requirement in the pharmaceutical industry are expected to remain key driving factors. In addition, increasing focus of manufacturers on their products aesthetic appeal is also expected to have a positive influence on the market growth.

The Global Laminated Labels Market is expected to reach USD 106.92 billion by 2024, according to a new report by Grand View Research, Inc.

Technological advancements in label manufacturing & printing techniques coupled with increasing product innovations in films and other raw materials used in the manufacture of laminated labels is projected to create new avenues for market participants.

Reels emerged as the leading form of laminated labels and accounted for 75.3% of total market volume in 2015. The demand for laminated labels in the form of reels is projected to grow on account of its ease of application and the growing industrial demand for labels.

Polyester was the leading laminate product and accounted for over 30% of the total market volume in 2015. The UV screen polyester segment is projected to witness the highest growth on account of its excellent heat and chemical resistance properties. UV sunscreen is expected to witness the highest growth of 4.4% from 2016 to 2024.

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Food & beverages were the leading application segment and accounted for 25.0% of total market volume in 2015. The growth of food & beverages industry, particularly in China and India is expected to drive this segment over the next eight years. It is also expected to witness the highest growth of 4.0% over the forecast period.

Top Players of Laminated Labels Market:

Some leading companies operating in the global laminated labels market include Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles Group GmbH, R.R. Donnelley & Sons Company, 3M Company, Coveris Holdings S.A., Torraspapel Adestor, Bemis Company, Inc., Flexcon Company, Inc., and Stickythings Limited.

Market Segmentation of Laminated Labels Market:

The Global Laminated Labels Market segmented on the basis of Composition, Laminate Type, Form, Application and Region.

By Composition:

    Laminate
    Facestock
    Adhesive
    Release Liner

By Laminate Type:

    Polyester
    Polypropylene
    UV Sunscreen Polyester
    UL Approved Laminates

By Form:

    Reels
    Sheets

By Application:

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

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East and Africa

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