Laminated Labels Market Expected To Reach USD 106.92 Billion by 2024 by sonali_86 · June 25 Cheap Justin Reid Jersey , 2019
The global聽laminated labels market聽is expected to reach USD 106.92 billion by 2024, according to a new report by Grand View Research, Inc. The growing demand for packaged ready-to-go food & beverages and increasing labeling requirement in the pharmaceutical industry are expected to remain key driving factors. In addition, increasing focus of manufacturers on their products aesthetic appeal is also expected to have a positive influence on the market growth.
Technological advancements in label manufacturing & printing techniques coupled with increasing product innovations in films and other raw materials used in the manufacture of laminated labels is projected to create new avenues for market participants.
Access Research Report of Laminated Labels Market@聽 Further key findings from the report suggest:
The global laminated labels market demand was 49.73 billion meter squares in 2015 and is expected to reach 68.43 billion meter squares by 2024, growing at a CAGR of 3.8%from 2016 to 2024 Reels emerged as the leading form of laminated labels and accounted for 75.3% of total market volume in 2015. The demand for laminated labels in the form of reels is projected to grow on account of its ease of application and the growing industrial demand for labels. Polyester was the leading laminate product and accounted for over 30% of the total market volume in 2015. The UV screen polyester segment is projected to witness the highest growth on account of its excellent heat and chemical resistance properties. UV sunscreen is expected to witness the highest growth of 4.4% from 2016 to 2024. Food & beverages were the leading application segment and accounted for 25.0% of total market volume in 2015. The growth of food & beverages industry, particularly in China and India is expected to drive this segment over the next eight years. It is also expected to witness the highest growth of 4.0% over the forecast period. Asia Pacific was the leading regional market and accounted for 37.4% of global demand in 2015. The region is also expected to witness significant growth on account of rising manufacturing activities and the growing organized retail market. Some leading companies operating in the global laminated labels market include Avery Dennison Corporation Cheap Cullen Gillaspia Jersey , CCL Industries Inc., Constantia Flexibles Group GmbH, R.R. Donnelley & Sons Company, 3M Company, Coveris Holdings S.A., Torraspapel Adestor Cheap Kahale Warring Jersey , Bemis Company, Inc., Flexcon Company, Inc., and Stickythings Limited. Grand View Research has segmented the laminated labels market on the basis of composition, laminate type Cheap Max Scharping Jersey , form, application and region: Global Laminated Labels Composition Outlook (Revenue, USD Million, 2014 – 2024)
Laminate Facestock Adhesive Release Liner Global Laminated Labels Laminate Type Outlook (Volume, Million Square Meters; Revenue, USD Million Cheap Lonnie Johnson Jersey , 2014 – 2024)
Polyester Polypropylene UV Sunscreen Polyester UL Approved Laminates Others Global Laminated Labels Form Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2024)
Reels Sheets Global Laminated Labels Application Outlook (Volume, Million Square Meters; Revenue, USD Million Cheap Tytus Howard Jersey , 2014 – 2024)
Food & Beverages Consumer Durables Home & Personal Care Pharmaceuticals Retail Labels Others Global Laminated Labels Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 – 2024)
North America Europe Asia Pacific Central & South America Middle East and Africa About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The聽company provides syndicated research reports Wholesale Houston Texans Jerseys , customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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