The size of the self-adhesive labels industry worldwide was valued at $48.03 billion in 2023. The industry is expected to be worth $50.65 billion in 2024 and reach $82.17 billion in 2032. Increasing label adoption and awareness in the consumer goods sector. Increase in biodegradable products is expected to drive industry growth. Fortune Business Insights™ provides this information in a report titled " Self-adhesive Labels Industry Size Report, 2024-2032" . The industry size in 2020 will reach $40.8 billion.
Self-adhesive labels are also known as "pressure-sensitive labels" as they require pressure to properly adhere to a surface or object. The product is used in a variety of applications due to its advantages such as minimum temperature characteristics, solvent resistance, UV resistance, and strong adhesion. Its adoption enhances the visual appeal of the product and provides excellent adhesion even in harsh environments. Demand is likely to increase as the adoption of adhesive labels in the consumer goods sector increases. They are also widely used in food packaging in the food and beverage industry. Packaging labels save time, provide convenience, and can withstand volatile environments. Also, the adoption of biodegradable products is likely to increase as awareness of the benefits of biodegradable products increases. Labels utilize paper to provide biodegradability, which has a positive impact on the environment. These factors are likely to increase the growth of the industry over the coming years.
List of Major Players Profiled in the Adhesive Label Industry Report
3M Company (Miniapolis, USA), Axicon Labels (Oxfordshire, UK), Avery Products Corporation (California, USA), ETIS Slovakia (Bratislava, Slovakia), UPM Raplatac (Helsinki, Finland), Müroll GmbH (Plastanz, Austria), Roy Ltd (Royston, UK), S&K LABEL (Illinois, USA), SVS Etikety (Karstein, Czech Republic), Mondi Group (Vienna, Austria), B Fuller (Minnesota, USA), LEO DESIGNS AND PACKAGING PVT LTD (Himachal Pradesh, India), Holoflex (West Bengal, India), Avery Dennison Corporation (California, USA), Pasky sro (Prague, Czech Republic)
Adhesive Label Industry
Based on type, the industry is segmented into release liner and linerless. Based on label type, the industry is segmented into removable and permanent products. Based on application, the industry is segmented into consumer goods, daily necessities, pharmaceuticals, food & beverages, etc. Based on region, the industry is segmented into North America, Europe, Asia Pacific, South America, Middle East & Africa.
Adhesive Label Industry Report Highlights
The report provides a detailed analysis of the top segments and latest trends of the industry. It comprehensively discusses the impact of COVID-19 on the industry along with the driving and restraining factors. It also examines the regional developments and strategies adopted by the key players in the industry.
Source – https://www.fortunebusinessinsights.com/self-adhesive-labels-market-104289
Drivers and Restrictions
Increasing applications across multiple industry sectors to drive industry growth
Self-adhesive materials are used in various applications as the demand for products increases across multiple industrial sectors. The labels display essential details such as expiry date, manufacturing date, content details, etc. Packaging stickers help consumers to make an informed decision when selecting medical products. It is used in consumer goods, food & beverage, medical and pharmaceutical industries. It is also utilized to package electronic products, clothing, non-durable and durable consumer goods, etc. This factor can increase sales worldwide.
Also, rising per capita income is responsible for the rise in FMCG goods sales. As a result, the adoption of self-adhesive labels is growing rapidly. They are also used to brand products by printing logos. For example, several pharmaceutical companies use labels for product branding and integrating logos on the products. Also, it is less costly compared to digital printing, which is expected to lead to a higher adoption rate. These factors are likely to lead the growth of the self-adhesive label industry.
However, strict government regulations on product brands are likely to hinder industry development.
Adhesive Label Insights by Region
Availability of raw materials to drive industrial growth in Asia Pacific
Asia Pacific is expected to dominate the self-adhesive label industry share due to the availability of raw materials required for the production of adhesive labels. The industry in Asia Pacific reached $15.5 billion in 2020 and is expected to grow aggressively in the coming years. Increasing demand for labels in multiple end-use industries is likely to boost sales. Moreover, increasing demand for labels in areas such as food and beverage, medical and healthcare, and FMCG food is likely to drive the development of the industry.
In North America, the presence of a large manufacturing base in the United States and a rapidly developing e-commerce sector is likely to drive the adoption of self-adhesive labels. Labels are widely used in the packaging sector for their durability and efficiency. Also, as per capita income increases and purchasing preferences evolve, the trend is for the products to be adopted in consumer goods and ready-to-eat packaged foods and beverages. There is also a high demand for adhesive labels in pharmaceuticals, e-commerce, packaging, food and beverages, etc., which are likely to drive the industry growth.
In Europe, label adoption is likely to accelerate as consumer awareness of product benefits increases. In addition, increased demand in the food and beverage, packaging, tools, and electronics industries can drive industry development. In addition, the low cost and resistance of adhesive labels are likely to drive industry growth.
Competitive Landscape
Companies are releasing innovative products to expand their product portfolio.
Well-known companies operating in the industry are launching innovative products to attract consumer attention and expand their product portfolio. For example, German self-adhesive technology specialist Herma launched a new wash-off label adhesive 52W for PET bottle development in May 2021. This development allows companies to attract consumers and expand their product portfolio. In addition, the integration of acquisition strategies helps companies strengthen their industry position. For example, Geostick acquired iPB Printing BV self-adhesive label division in August 2020. This strategy allows iPB to focus on the IML (in-mold label) division and flexible packaging, allowing Geostick to strengthen its industry position around the world.
The development of the adhesive label industry
- June 2021: The adhesive label specialists Scanket and Labelsupply become part of the Optimum Group's Nordic platform. The cooperation between the two companies helps to strengthen Optimum Group's global position in the Nordics.