Pressure Sensitive Labels Market Scope
Pressure-sensitive labels, often referred to as self-adhesive labels or PSA labels, are a type of label that adheres to surfaces through the application of pressure. These labels are widely used in various industries for branding, product identification, and information dissemination. The growing consumer goods industry, including food and beverages, pharmaceuticals, cosmetics, and personal care products, has driven the demand for attractive and informative product labeling. Pressure-sensitive labels play a significant role in the rise of e-commerce and online retail leading to an increased need for effective packaging and labeling, as products are shipped directly to consumers.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | MCC Labels (United States), Skanem (Norway), All4Labels (Germany), Henkel (Germany), Torraspapel (Lecta Group), Lintec (Japan), Avery Dennison (United States), CCL Industries (Canada ), Huhtamaki (Finland) and Coveris (United Kingdom) |
CAGR | % |
The competitive landscape in the pressure-sensitive labels market is dynamic and features numerous players ranging from large multinational corporations to regional label manufacturers. These companies are engaged in the production, supply, and innovation of pressure-sensitive labels
MCC Labels (United States), Skanem (Norway), All4Labels (Germany), Henkel (Germany), Torraspapel (Lecta Group), Lintec (Japan), Avery Dennison (United States), CCL Industries (Canada ), Huhtamaki (Finland) and Coveris (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Inland Label(United States), UPM Raflatac(Finland), Autajon (France) and HB Fuller (United States).
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 Pressure Sensitive Labels market by Type , by Application (Food & Beverages, Healthcare, Chemicals, Automotive, Retail and Others) and Region with country level break-up.
On the basis of geography, the market of Pressure Sensitive 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 October 2022, MCC entered into an agreement to acquire Flexcoat's label and lamination operations in Brazil. This acquisition provides MCC customers with an extended portfolio of products and a comprehensive array of cutting-edge label technologies.
October 2019, Henkel is strengthening by advancing the circular economy through an investment in the recycling specialist Saperatec. This startup has pioneered a patented technology that enables the separation and recycling of flexible packaging, including those with aluminum foil.
Influencing Trend:
Advancements in digital printing technology, including faster speeds and higher print quality.
Market Growth Drivers:
ongoing innovation in packaging, including the use of flexible packaging materials like pouches and bags, drives the demand for pressure-sensitive labels tailored to these formats
Challenges:
Adhering to evolving labeling regulations and standards can be challenging and costly for manufacturers
Restraints:
The environmental impact of label production and disposal is a growing concern
Opportunities:
The integration of smart label technologies, such as RFID and NFC, provides opportunities for interactive and connected packaging, enabling consumers to access product information