Global Laminated Labels Market - Forecasts From 2019 To 2024
The global laminated labels market is projected to grow at a CAGR of 5.05% during the forecast period to grow to US$99.829 billion by 2023 from US$78.042 billion is 2018. Expanding interest in flexible packaging items is driving the interest of laminated labels around the world. Laminated labels provide protection to the labels from unfavorable conditions, making it financially savvy for the producers and administrators as it spares their time and assets on supplanting harmed and blurred standardized tags. Because of the life span of these labels, its applications are progressively utilized in the bundling of items in FMCG, human services, consumer electronics, clothing and material, and home and individual consideration among different industries. The interest for overlaid names will ascend in the Asia Pacific region because of gigantic utilization and developing interest for retail-prepared items. In addition, developing interest in the assembling division in the creating economies, for example, India and China will enlarge the interest for overlaid marks during the figure time frame.
Segmentation
The global laminated labels market is segmented as composition, material, printing technology, end user industry, and geography.
By Composition:
Adhesive
Facestock
Release Liner
By Material:
Vinyl
Polypropylene
Polyester
UL & UV approved laminates
Others
By Printing Technology:
Flexographic printing
Screen printing
Lithography printing
Digital printing
Others
By End User Industry:
FMCG
Healthcare
Consumer Electronics
Apparel and Textile
Home and Personal Care
Others
By Geography:
North America
South America
Europe
Middle East and Africa
Asia Pacific