Functional Labels market: Development Insight and Manufacturers

Posted by Kishor on May 31st, 2019

Functional packaging is a fast growing phenomenon which is adding value to the existing products by transforming it for better consumer experience. Labels are defined as any flexible material adhered to an object to indicate identification information, contents, price, instructions, ownership, ratings or other information. Whereas functional labels adds more purpose beyond identification such as bundling multiple products, cover or reseal an opening or serve as safety seal. Certain types of functional labels include peel-away labels, bundling labels, pressure sensitive, booklet type, collectable stickers, resealable labels, multipack labels, and opening feature labels.

Functional Label market: Dynamics

Functional labels provides consumer benefits such as easy open close and also increases the shelf life of the product in the pack. The functional label market globally increases the overall value of the product by enhancing consumer experience. Factors responsible for the growth of functional label market in pharmaceutical sector are easy usage, improved documentation process and reduced medication errors. Food & beverage industry is expected to account for over 30% of global label demand. Sustained growth in the bottled water production will lead to the growth of functional label market in areas such as Europe and North America. Developing regions such as Asia Pacific, China and India have also become significant users of bottled water due to the public health awareness which will effectively help the functional label market to grow globally.

Functional Label market: Key players

• Lithotech corporate Ltd
• CCL industries
• Bidvest Paperplus
• Fort Dearborn Company
• Avery Dennison Corporation
• Label and Narrow web

The Detailed analysis and statistical data about the market are given in Tabular format, Charts, and Graphs in this research report. Get PDF Sample of this study @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=46800

Functional Label market: Segmentation

The functional label market is segmented by Forms:

• Peel-away labels
• Bundling labels
• Pressure sensitive
• booklet type
• Collectable stickers
• Resealable labels
• Multipack labels

Functional label market is segmented by material:

• Clot or fabric labels
• Plastics or film labels
  • Vinyl labels
  • Self- laminating plastic
• Paper labels
  • Matte paper labels
  • Gross paper labels
  • Fluorescent paper labels
  • Removable paper labels
• Metal foil labels
• Rubber

Asia Pacific region is expected to grow at a steady rate as compared to the other regional markets though the market of functional labels in regions like North America and Europe will remain the largest. The food & beverage industry applications has the largest share in the global label market and now pharmaceutical industry is expected to register a significant growth among the major end-user markets. Manufacturing activity is expected to grow in the regions such as Africa and Middle East regions leading to the growth of functional labels globally.