[FURL=https://www.industryarc.com/Research/Self-Adhesive-Label-Market-Research-502942?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Self Adhesive Label Market[/FURL] Self Adhesive Label market size is forecast to reach US$60.2 billion by 2026, after growing at a CAGR of 5.6% during 2021-2026. Self Adhesive Labels are otherwise known as Pressure Sensitive Labels are made by printing onto a construction of three components such as release liners, face materials and adhesives. Self-Adhesive Labels has acquired increasing significance in various fields of Food and Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers and Supermarkets, Logistics and others. Screen Printing is a technique that enhances the appearance of the label, imparts certain tactile properties, and, to some extent, increases the degree of protection.Key Takeaways
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.
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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.
Self Adhesive Label Market Drivers
Fast Moving Consumer Goods (FMCG) Industry
Growth of Adhesive Industry
Self Adhesive Label Market Landscape
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)
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