Market Overview:

Global Pressure Sensitive Labels Market was valued at USD 88.13 Billion in 2021 and is expected to reach USD 118.34 Billion by the year 2028, at a CAGR of 4.3%. The Analysis Period 2023-2030.

Pressure sensitive labels are a type of label that utilizes a self-adhesive material to stick to a variety of surfaces. These labels are coated with a special adhesive that is activated by pressure, which means that they can be easily applied and adhere firmly to a surface. Pressure sensitive labels are commonly used in a wide range of industries, including food and beverage, pharmaceuticals, personal care, and household products. They are also used for branding and marketing purposes, as they can be printed with high-quality graphics and logos. These are popular and versatile labeling solution that is used in a wide range of industries and applications.

Players Covered in Pressure Sensitive Labels market are :

Avery Dennison, Bemis, CCL Industries, LINTEC, Berry Global, Cenveo, Constantia Flexibles, Hood Packaging, Intertape Polymer Group, Karlville Development, Klckner Pentaplast, Macfarlane Group, SleeveCo, DOW Chemical, 3M

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Market Dynamics:

Driver:

The growth of online shopping has increased the demand for labeling solutions that can withstand the rigors of shipping and handling. Pressure-sensitive labels are durable and can be made to withstand a range of environmental conditions, making them an ideal choice for e-commerce packaging. There is an increasing demand for sustainable packaging solutions, and pressure sensitive labels are a good option because they can be made from recyclable materials and can be easily removed from packaging for recycling. Private labeling has become increasingly popular, as companies look to differentiate their products from competitors.

Opportunities:

As emerging economies continue to grow, there is an increasing demand for high-quality labeling solutions. Pressure sensitive labels offer a cost-effective and versatile solution that can meet the needs of a wide range of industries. Advances in digital printing technology have made it easier and more cost-effective to produce high-quality pressure sensitive labels. This has opened up new opportunities for customization and personalization, as well as shorter print runs and faster turnaround times. As new technologies emerge and the demand for sustainable and efficient labeling solutions continues to rise, pressure sensitive labels will remain an important part of the global labeling market.

Market Segmentation

By Backing Material

·         Polypropylene

·         Polyvinylchloride

·         Paper

·         Cloth

·         Others

By Adhesion Type

·         Single Sided

·         Double Sided

By Application

·         FMCG

·         Medical

·         Manufacturing

·         Agriculture

·         Fashion & Apparels

·         Others

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Regional Analysis of Pressure Sensitive Labels Market

North America is dominating the Pressure Sensitive Labels Market. United States is the major contributor in the market growth as the U.S. is estimated at US$25.1 Billion in the year 2021. The market in the area is shifting toward long-term solutions that will drive future development. For example, Mohawk Fine Papers Inc., North America's biggest privately held maker of fine papers, envelopes, and specialized printing supplies, introduced a line of papers created from quickly renewable, sustainable fibers in June 2020.

By Region

·         North America (US, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

Key Developments of Pressure Sensitive Labels Market

·         January 2022, Brook + Whittle set to take over labeling firm Paradigm Label. Customized label manufacturer Paradigm Label holds expertise in supplying flexible packaging, pressure-sensitive labels, and shrink sleeves.

·         November 2021, CL&D Graphics and CL&D Digital, a producer of flexographic and digital web packaging and converting solutions, has been acquired by ProMach. The company provides consumer-packaged goods companies across North America with roll-fed film and pressure-sensitive labels, shrink sleeves, pouches, lidding, and pre-printed thermoform solutions.

·         January 2021, Avery Dennison acquired pressure-sensitive roll label films provider ACPO. Avery Dennison specified that the acquisition of ACPO will further reinforce its position in core label materials segments.

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