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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. Polyest