Wrap Around Labels Market Scope
Wrap Around Labels are free flowing labels which encircle partial part of product. These are traditional type of label which are used by many consumer companies. These are printed label and easily assemble in production line. Generally these labels are applied to bottle and jar category of products. High demand for wrap around labels because they give 360 degree area beneficial for brand promotion give drive to the wrap around label market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Multi-Color Corporation (United States), Mondi (United Kingdom), Huhtamaki Group (Finland), CCL Industry (Canada), Cosmo Films (India), Westrock (United States), Constantia Flexible Packaging (Austria), Fort Dearborn (United States), Jasin Pack (Malaysia), Kris Flexipacks (India), All4Labels (Germany), Leading edge labels and packaging (United Kingdom), Altrif Label (Netherland) and Asean Pack (India) |
CAGR | % |
Wrap around labels market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to manufacturing capacities. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Multi-Color Corporation (United States), Mondi (United Kingdom), Huhtamaki Group (Finland), CCL Industry (Canada), Cosmo Films (India), Westrock (United States), Constantia Flexible Packaging (Austria), Fort Dearborn (United States), Jasin Pack (Malaysia), Kris Flexipacks (India), All4Labels (Germany), Leading edge labels and packaging (United Kingdom), Altrif Label (Netherland) and Asean Pack (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Wrap Around Labels market by Type , by Application (Beverage, Personal Care, Food, Home Care, Pharmaceutical and Other) and Region with country level break-up.
On the basis of geography, the market of Wrap Around Labels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2022, Multi-Color Corporation (MCC), acquired Flexcoat Autoadesivos S.A., based in Louveira, Brazil. MCC added this company to existing South American portfolio. Flexcoat enhanced MCC’s label solutions with advanced technologies. This acquisition helped company to expand its presence in wrap around labels market
In May, 2023, All4Labels Global Packaging Group partnered with The Hirt and Carter Group and added First Impression Labels to their subsidiary, First Impression is supplier of high value labelling solutions for multinational and domestic customers, headquartered in Durban, South Africa. This acquisition helped All4Labels to expand its presence in wrap around labels market
Influencing Trend:
High Demand for Recyclable Material in Wrap around Label
Market Growth Drivers:
High Demand for Wrap Around Labels Because They Give 360 Degree Area Beneficial For Brand Promotion and Surge for Wrap Around Labels For Their Low Cost
Challenges:
Lack Of Versatility and Less Creative Freedom in Design and Increasing Incidence Such As Ink Scuffing, Light Fastness, Static Charge
Restraints:
Wrap Around Labels only work with particular container design
Key Target Audience
Wrap Around Labels Manufacturers, Distributors, Government Bodies, Regulatory Bodies, Potential Investors, End Users and Others