The Label Adhesives Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.
The report is segmented by resin type (epoxy, polyurethane, acrylic, polyamide and others) and technology (water-based, solvent-based and others). The report further presents analysis based on end-use industry (food and beverage, pharmaceuticals, personal care and cosmetics, consumer goods, home care products and others).The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the Report
The report Label Adhesives Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Label Adhesives Market Segmentation
Resin Type
- Epoxy
- Polyurethane
- Acrylic
- Polyamide and Others
Technology
- Water-Based
- Solvent-Based and Others
End-Use Industry
- Food and Beverage
- Pharmaceuticals
- Personal Care and Cosmetics
- Consumer Goods
- Home Care Products and Others
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
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Label Adhesives Market Growth Drivers
- Increasing Use of Label Adhesives in the Food and Beverage Industry: There is a notable increase in the use of label adhesives in the food and beverages sector, which can be attributed to the high consumption of packed food items and the need for efficient label application methods. Food manufacturers have also been affected by the food labeling concerns, with most of them looking for strong adhesives resistant to cold, moisture and overall wear and tear. Consumer preferences are driving the trends in the market, with most companies wishing to use food contact-approved and environmentally sustainable adhesives for their packaging materials. This increasing segment will likely continue to influence development in the label adhesives market.
- Appplication in Retail and Ecommerce Sectors: The label adhesives market has also been affected by the boom of e-commerce and retailing activities. This is primarily because as online shopping increases, people will need more and more of the protective packaging solutions that enhance the brand's presence. There is an increasing demand for adhesives to fix labels on boxes, containers, and other shipping devices to improve the delivery service. This enables the business to deliver the appropriate product efficiently to the correct address. Moreover, due to the retail market's focus on branding and visuals, the requirement for label adhesives of a better quality is bound to increase.
- Increasing Demand for Attractive Packaging: Packaging, especially the attractive ones, is crucial in driving sales, so companies are putting much effort into packaging design. Adhesives for labels with printed graphics also play an essential role in protecting the labels' design and colors, which may affect brand image and customer loyalty. The move to offer customized and stylish packaging is also taking root, encouraging manufacturers to enhance their adhesive technology for creative label designs. The need for functional yet attractive labels will increase to compete in an ever more crowded marketplace.
Label Adhesives Market Future Trends
- Rising Focus on Sustainability: One of the prominent trends in the label adhesives industry is the transition to sustainability. The production of adhesives for labels, for instance, made from renewable resources and biodegradable raw materials, is a priority for the manufacturers. Innovations help provide solutions to the target audience looking for environmentally friendly products and the policies concerning them. Therefore, there has been an increasing use of water-based and solventless adhesives to lower the emissions in the environment and promote sustainability in the packaging solutions.
- User-Friendliness and Flexibility of Hot Melt Adhesives: Hot melt adhesives are also gaining much traction in the label adhesives market because of their user-friendliness and flexibility. In the latest hot melt adhesive technologies, new formulations that facilitate their bonding efficiency even in difficult conditions and on difficult substrates have been introduced. These adhesives offer Quick curing times, thus suitable for environments with high-speed production. Technological improvements regarding hot melt adhesives will enhance the labeling solutions and may influence the market in favor of the manufacturers.
- Emergence of Smart Labeling Technology: The emergence of smart labeling technology provides a whole new outlook to the label adhesives market. There is an increasing application of technology such as QR codes, NFC and RFID tags, which creates a demand for glues with enhanced properties that perform specific functions under various environments. Such solutions bring technologies to the packing of goods and allow the brands to communicate with their consumers and provide some information about the product in an electronic format. This development allows adhesives manufacturers to create a new range of products based on the requirements of smart labeling systems.
Label Adhesives Market Opportunities
- High Growth Potential in Emerging Markets: There is potential to label adhesive manufacturers in emerging markets as industrialization and consumer spending in those countries are growing. Countries in Asia Pacific, Latin America, and Africa are all in growth mode, especially in the manufacturing and retail sectors; hence, labeling solutions are needed. By customizing their products to fit the local market's offerings, and preferences, the companies can aim to penetrate these markets.
- Rising Demand for Personalization: The rising demand for personalized labeling solutions is an emerging trend in the label adhesives market. More and more businesses desire labels that differ from the rest to promote their brands even further to the last consumer. Manufacturers can exploit this trend by creating adhesives that allow for sophisticated prints that may include different sorts of materials and very elaborate designs. Designing adhesive products that allow for modification can be a strategy companies can apply to appease particular customer needs.
- Investment in Research and Development: Research and development activity should be supported in the label adhesives market to foster progressive changes. Companies can seek out new kinds of formulations, new types of materials and new performance and eco-friendly adhesion technologies. An R&D aimed at developing adhesives with higher bonding strength, better thermal resistance, and compatibility with different substrates will help the producers to occupy the top market positions. Working with external research organizations to reduce the time to market for innovations and new products can also be beneficial.
Label Adhesives Market Regional Insights
The regional trends and factors influencing the Label Adhesives Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Label Adhesives Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Label Adhesives Market
Label Adhesives Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Resin Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Label Adhesives Market Players Density: Understanding Its Impact on Business Dynamics
The Label Adhesives Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Label Adhesives Market are:
- Ashland Global Holdings Inc.
- Avery Denision
- BOSTIK S.A
- DOW Chemical Company
- Etiquette Labels Ltd.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Label Adhesives Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Label Adhesives Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Label Adhesives Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Growing demand of eco-friendly adhesives is expected to be the key market trends
Based on geography, North America held the significant share of the label adhesives market due to growth in the food and beverage and pharmaceuticals sector
Based on end-use industry, consumer goods segment is expected to witness the fastest growth during the forecast period
Growing demand in the food and beverage sector is driving the market growth
Avery Dennison Corporation; Bostik; Dow; H.B. Fuller Company; HERMA GmbH are some of the key players operating in the label adhesives market
The Label Adhesives Market is estimated to witness a CAGR of 5% from 2023 to 2031
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The List of Companies
- Ashland Global Holdings Inc.
- Avery Denision
- BOSTIK S.A
- DOW Chemical Company
- Etiquette Labels Ltd.
- H.B. Fuller
- Herma
- Intelligent Label Solutions
- Lintec Corporation
- Pacific Adhesives