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Regional Insights
The regions discussed here spans across Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Considering the global scenario, the Asia Pacific region is likely to dominate the Pressure Sensitive Labels Market Growth. The region is estimated to experience a rapid growth rate in transportation as well as in the E-commerce sectors. With the rising organized retails, the scope of warehousing solutions has widened which accelerates the demand for pressure sensitive labels in this region. The notable growth in the packaging industry and surging demand for F&B products are the top factors behind the growth of the market. Moreover, the robust growth in the automotive production coupled with the evolving industrial manufacturing sector, the market is presumed to gain impetus in the long run.
Segmental Analysis
The global Pressure Sensitive Labels Market Growth has been segmented on the basis of technology, compositions, and application.
The technology segment comprises solvent based, water based, hot melt, radiation, and others.
By application, the market constitutes of pharmaceuticals, food & beverages, automotive, and others. Among these, the flourishing food & beverages sector is estimated to offer impetus to the market growth. The steady expansion of the F&B sector along with the retail sector has been proven to be important for the steady growth of the market. The increased use of food packaging technology to facilitate the long-distance shipping has made pressure sensitive labels vital to the sector.
Industry Updates
May 06, 2019: A pressure-sensitive adhesive coating manufacturer, Acucote has recently expanded their portfolio of durable pressure sensitive materials which can be printed on laser systems and pigment for industrial and chemical labeling applications.
Competitive Dashboard
The prominent players operating in the global Pressure Sensitive Labels Market Growth comprises Henkel AG & Co. KGaA, Constantia Flexibles Group GmbH, CCL Industries Inc., Avery Dennison Corporation, Lintec Corporation, Technicote Inc., NSD International, 3M, Inland Label and Marketing Services LLC, UPM Raflatac, NAStar Inc., and Reflex Labels Ltd.
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