Global Labels Market Report and Forecast 2023-2028
Market Report I 2023-10-05 I 156 Pages I EMR Inc.
Global Labels Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global labels market reached a value of nearly USD 7.07 billion in 2022. Aided by the increasing demand for consumer goods and the burgeoning e-commerce industry, the market is projected at a cagr of 4% to reach a volume of almost 8.6 billion by 2028.
Labels are essential components in packaging, used for identification, decoration, and furnishing product information. They play a crucial role in attracting consumer attention and conveying essential information about the product's contents, usage, and origin. With the proliferation of products on the shelves and the increasing mandate for transparency and traceability, labels have become more than just functional-they are integral to brand image and customer engagement.
The burgeoning retail and e-commerce sectors are significant drivers for the global labels market growth. The need for efficient and effective labelling to track, identify, and market products is paramount, given the global nature of supply chains and the importance of quick, reliable delivery in a fiercely competitive market.
Increasing consumer demand for transparency in product information and tightening government regulations concerning product labelling are also influencing the market. Consumers now want to know more than just the price and name of a product; they want insights into the ingredients, origin, and sustainability practices associated with their purchases.
Focus on sustainability is driving innovation in labels, leading to a heightened labels market demand. Brands are increasingly opting for labels made from recycled or bio-based materials, which are designed to be recyclable, compostable, or reusable, in response to both consumer demand for sustainability and tightening regulations around single-use plastics and packaging waste.
Digital printing technology has emerged as a revolutionary force in the labels market, offering high-quality, cost-effective, and customisable label production. This technology allows for shorter production runs, enabling companies to respond more flexibly to market trends and changes.
Moreover, smart labels, which use technologies such as QR codes, NFC, and RFID, are becoming increasingly prevalent. They provide functionalities beyond traditional identification and decoration, such as anti-theft, tracking, and interactive customer engagement through smartphones.
The Asia Pacific region, with its booming economies and burgeoning retail sectors, accounts for a significant portion of the labels market share. Europe and North America are also key markets, given their established retail sectors and growing demand for sustainable and smart labelling solutions.
Market Segmentation
The market can be divided based on material, application, and region.
Market Breakup by Material
- Paper
- Plastics
- Others
Market Breakup by Application
- Pressure Sensitive
- Glue Applied
- Stretch and Shrink Sleeve
- In-Mould
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global labels market. Some of the major players explored in the report by Expert Market Research are as follows:
- CCL Industries
- Multi Packaging Solutions International Limited
- Multi-Color Corporation
- Fuji Seal International, Inc.
- DPS Group
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Labels Market Analysis
8.1 Key Industry Highlights
8.2 Global Labels Historical Market (2018-2022)
8.3 Global Labels Market Forecast (2023-2028)
8.4 Global Labels Market by Material
8.4.1 Paper
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Plastics
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Labels Market by Application
8.5.1 Pressure Sensitive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Glue Applied
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Stretch and Shrink Sleeve
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 In-Mould
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Labels Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Labels Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Labels Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Labels Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Labels Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Labels Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 CCL Industries
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Multi Packaging Solutions International Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Multi-Color Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Fuji Seal International, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 DPS Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Labels Market: Key Industry Highlights, 2018 and 2028
2. Global Labels Historical Market: Breakup by Material (Billion Square Metre), 2018-2022
3. Global Labels Market Forecast: Breakup by Material (Billion Square Metre), 2023-2028
4. Global Labels Historical Market: Breakup by Application (Billion Square Metre), 2018-2022
5. Global Labels Market Forecast: Breakup by Application (Billion Square Metre), 2023-2028
6. Global Labels Historical Market: Breakup by Region (Billion Square Metre), 2018-2022
7. Global Labels Market Forecast: Breakup by Region (Billion Square Metre), 2023-2028
8. North America Labels Historical Market: Breakup by Country (Billion Square Metre), 2018-2022
9. North America Labels Market Forecast: Breakup by Country (Billion Square Metre), 2023-2028
10. Europe Labels Historical Market: Breakup by Country (Billion Square Metre), 2018-2022
11. Europe Labels Market Forecast: Breakup by Country (Billion Square Metre), 2023-2028
12. Asia Pacific Labels Historical Market: Breakup by Country (Billion Square Metre), 2018-2022
13. Asia Pacific Labels Market Forecast: Breakup by Country (Billion Square Metre), 2023-2028
14. Latin America Labels Historical Market: Breakup by Country (Billion Square Metre), 2018-2022
15. Latin America Labels Market Forecast: Breakup by Country (Billion Square Metre), 2023-2028
16. Middle East and Africa Labels Historical Market: Breakup by Country (Billion Square Metre), 2018-2022
17. Middle East and Africa Labels Market Forecast: Breakup by Country (Billion Square Metre), 2023-2028
18. Global Labels Market Structure
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