Self Adhesive Label Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
Self Adhesive Label Market Overview
Self Adhesive Label
market size is forecast to reach US$60.2 billion by 2026, after growing at a
CAGR of 5.6% during
The outbreak of Corona virus disease (COVID-19) has acted as a restraint on the adhesive and label manufacturing market in 2020 as lockdown was imposed worldwide. As a result supply chains were disrupted due to trade restrictions, cross border import export were shut. Due to this, manufacturers could not be supplied with raw materials as per demand and transportation was restricted. Thus consumption declined globally. However, Food and Beverage packaging, medical devices and equipment, as well as safety, wellness products such as antimicrobials and virucides had gained huge demand amid Covid-19 pandemic. People are scaling production to accommodate the spike in demand by healthcare providers. Thus the market initially facing small economic disruption gradually growing in spite of Covid 19 Pandemic.
The report: "Self Adhesive Label Market" – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wood Based Panel Market.
By Adhesive Type: Standard
Adhesive, High-Tack Adhesive, Removable Adhesive ,Specialty Adhesive, and
By Label Materials: Gloss Paper Label, Gloss Polyester Label, Matt Paper Label, Matt Synthetic Label, Others.
By Application: Packaging, Printing, Custom Designing, Bottle and jars, Textile, Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).
- Asia Pacific dominates the Self Adhesive Label market, owing to the growing use of FMCG(fast Moving Consumer Goods)
- In Pharmaceutical sector, it is vital to prevent any counterfeiting of medicines and to ensure that packaging is childproof. This, too, will need to be achieved through labeling on medication, alongside the provision of usage information printed on the package.
- Packaging is most important application for hot-melt adhesives in China. So particularly the production of tapes and labels has been experiencing immense growth.
- While the economically mature markets of the U.S., Canada, and Western Europe are expected to have a modest pace of Self Adhesive Labeling. Fastest growing Asian countries such as China, India, Indonesia, Vietnam are expected to continue growing due to rising urbanization and disposable incomes.
Figure: Asia-Pacific Self Adhesive Label Market Revenue,
For more details on this report - Request for Sample
Self Adhesive Label Market Segment Analysis – By Adhesive Type
Standard Adhesive or Permanent Adhesive segment held the largest share of 38%in the Self Adhesive Label market in 2020. Permanent adhesive is the most common and least expensive and can only be removed by solvents as they are made to be non-removable. Removing a permanent label usually results in the label being destroyed. Permanent adhesive is suitable for non-polar surfaces, films, and corrugated board, but not recommended for labelling highly curved surfaces. Label will have to endure, the required purpose and the longevity of the label. The most popular types of label adhesive materials are Acrylic suitable for long-lasting products that need labels to withstand time and frequent handling and aqueous acrylic only to be used in dry environments. Permanent adhesives may consist of silicone sealant, film, glue or any other substance. On the other hand, the elements bound together may consist of a wide range of materials, including metal, wood, paper or plastic. Thus, with growing use of Permanent Adhesive in various industries, the Self Adhesive Label Market is booming.
Self Adhesive Label Market Segment Analysis – By Label Materials
Label Material segment held the largest share in the Self Adhesive Label market in 2020 and is growing at a CAGR of 8.2% during
Self Adhesive Label Market Segment Analysis – By Application
segment held the largest share in the Self Adhesive Label market in 2020 and is
growing at a CAGR of 6.2% during
Self Adhesive Label Market Segment Analysis – By Geography
Asia-Pacific region held the largest share in the Self Adhesive Label market in 2020 up to 40%, owing to the huge demand for packaging and labeling in food and beverage and pharmaceutical industry due to vast population in the region. According to The European Adhesive and Sealant Industry the global market for adhesives and sealants reached a value of 50 billion euros in 2020, with Asia Pacific holding share of 36.8%, Europe holding a share of almost 35%. Other regions such as Asia-Pacific are taking a growing share of the market due to booming economies. Increasing local availability of all label materials Self Adhesive label laminates, films, and specialist papers, ongoing development and upgrading of press technologies and printing skills, and demand for increased functionality in labels especially as anti-counterfeiting measure are all considered Asia's label market drivers.
Self Adhesive Label Market Drivers
Fast Moving Consumer Goods (FMCG) Industry :
The growing utilization of labels in food & beverages, pharmaceutical, medical, and consumer goods industries will have a tremendous impact on the global market during the forecast period. Self-adhesive labels are generally used to describe the contents, manufacturing date, expiry date, and other important information of the product. Furthermore, the growing demand for packaged food, clothing, electronics, consumer durables, and non-durable goods will foster the healthy growth of the market for Self-adhesive labels. The growing population coupled with inflated consumer demand will subsequently enable speed expansion of the market. The booming FMCG industry owing to increasing per-capita disposable income will bolster the growth of the market in the forthcoming years.
Growth of Adhesive Industry:
High demand for Adhesive can be witnessed due to the surge in demand for medical and hygiene products such as PPE, medical supplies, masks, ventilators, personal hygiene products and paper products, in light of the current global health crisis. E-Commerce sectors coupled with increased purchasing power of consumers in developing countries are key factors accelerating the growth. New technology and materials like Kizen, a hot-melt adhesive for cardboard packaging based on water-white technology, which combines ease of use with strong bond performance. This will accelerate further growth of adhesives. With Kizen, packaging manufacturers experience the comfort, security and efficiency they deserve. Thus the growing Adhesive Industry will contribute to the growth of Self Adhesive Label Market growth.
Self Adhesive Label Market Challenges
Higher Price of Raw Materials and environmental concern:
The rapid increase in the cost of petroleum-based fuels and products continue to affect the production and marketing of Self Adhesive Labels. It has raised the cost of raw materials such as label stock, inks, cutting dies and others.Vinyl Acetate Monomer or VAM is an important part of pressure sensitive adhesives used for manufacture of self-adhesive labelstocks and tapes. Owing to a whopping increase in demand from China VAM prices also witnessed a continuous upward trend to reach an increase of more than 20% so far in 2021. This directly impacts the cost of producing self-adhesive labelstock and eventually labels. Many polyethylene (PE) and polypropylene (PP) producers in Texas USA have shut plant operations because of the winter storm in mid-February 2021 sending prices of films upwards due to shortages. This increase in prices of polymers directly impacted price of label films and filmic labelstocks. The increase for different films varies between 12-25%. Lack of awareness about various types of labeling techniques factors in decreasing the demand for labels. Varying environmental mandates in terms of printing on labels across different regions is also effecting the market.
Self Adhesive Label Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Self Adhesive Label market Self Adhesive Label Market top companies are Avery Dennison Corporation (US), CCL Industries Inc.(Canada), Sato Holdings Corporation (Japan), All4labels Group (Germany), Multi-Color Corporation (US), Cover is Holdings S.A. (US), Fuji Seal International, INC. (Japan), Huhtamaki Oyj (Finland), Lintec Corporation (Japan), Skanem S.A. (Norway), and Torraspapel Adestor (Spain)
- Brook & Whittle has expanded its shrink sleeve capabilities in July 2020, with the acquisition of a label converting factory in Croydon, Pennsylvania, which makes shrink sleeves for the consumer and healthcare markets, serving many of North America's largest clients and brands. Brook & Whittle now has a stronger foothold in the North American shrink sleeve label market, as well as more capacity to support its developing pressure-sensitive film label business.
Adhesives Market – Forecast(2021 - 2026)
Report Code: CMR 0145
For more Chemicals and Materials related reports, please click here
List of Tables
1 US Self Adhesive Label Market Size 2018
2 Canada Self Adhesive Label Market Share 2018
3 Brazil Self Adhesive Label Market Outlook 2019 - 2023
4 Mexico Self Adhesive Label Market Research 2018
5 Germany Self Adhesive Label Market Trends 2019 - 2023
6 France Self Adhesive Label Market Growth 2019 - 2023
7 UK Self Adhesive Label Market Demand 2019 - 2023
8 Italy Self Adhesive Label Market Segmentation 2018
9 Russia Self Adhesive Label Market Analysis 2019 - 2023
10 China Self Adhesive Label Market Revenue 2019 - 2023
11 Japan Self Adhesive Label Market Volume 2019 - 2023
12 South Korea Self Adhesive Label Market Potential 2019 - 2023
13 India Self Adhesive Label Market Leaders 2018
14 Saudi Arabia Self Adhesive Label Market Forecast 2019 - 2023
15 Kuwait Self Adhesive Label Market Value 2018
List of Figures
For complete list of 60+ tables and 60+ figures follow the Link