Label Adhesives Market Industry Analysis and Opportunity Assessment 2018 2023

Posted by Priya on July 20th, 2018

Label Adhesives Market Overview to 2023

Label Adhesive is a sticky substance applied on small piece of paper, which is designed to be affixed to another larger piece of paper or other object. The product is, essentially, used in self-adhesive labels, which is a three layer paper structure with a Label Adhesive sandwiched between two different types of papers. The most familiar type of label is the postage stamp developed during nineteenth century. Six important types of Label Adhesives are present in the market depending upon their applications, such as permanent, removable, freezer, high temperature, and repositionable. The major applications of such adhesives is in labels applied on different types of substrate of material namely, PET, metal, or polyolefin bottles.

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Key Players:

The prominent players in the Global Label Adhesive are Akzo Nobel N.V. (Netherlands), ITL Apparel Label Solution (U.K.), Henkel AG & Co. KGaA (Germany), 3M (U.S.), BOSTIK S.A (France), H.B Fuller  (U.S.), Avery Dennison (U.S.), The Dow Chemical Company (U.S.), PPG Industries, Inc. (U.S.), Ashland Global Holdings Inc. (U.S.), and Lintec Corporation (Japan), among others.

Intended Audience

• Label Adhesive Manufacturers
• Traders and Distributors of Label Adhesive
• Research and Development Institute
• Potential Investors
• Raw Material Suppliers
• National Laboratory

The Global Label Adhesive Market is primarily driven by increasing demand for informative labels on bottles containing food and beverages. Apart from this, needs and sentiments of buyers and consumers are changing while choosing their products. Government agencies and regulatory authorities in almost all the developing and mature economies compelled the sale of all food items with basic nutritional information. The major end users of Adhesive Labels includes food & beverages industry, pharmaceuticals companies, personal care & cosmetics, and other retail products and they are steadily growing with the increasing and emerging middle class population. The Global Label Market, wherein label adhesive is a major component, will constantly move ahead at a CAGR of 5.4% to reach nearly USD 52 billion by the end of 2023.

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This is projected to drive the demand for the product in the Global Label Adhesive Market in coming years. Furthermore, since attractive packaging and labeling appealing to the consumers, manufacturers of almost all consumer goods are increasingly adopting the use of labels, which is expected to help push growth of the market during the review period. However, some bottlenecks are needed to be addressed such as, the formulation and implementation of new regulations, such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in Europe and various other directives to control solvent emissions are expected to impact the growth of the global label adhesive market. On the other hand, the use of printed, flexible, and rigid packaging eliminates the need for the label, which may affect the market growth negatively over the forecast period.