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Laminated Labels Market Trends

Report ID: GMI8574
Published Date: Mar 2024
Report Format: PDF

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Laminated Labels Market Trends

The laminated labels industry is currently experiencing major trends, driven by factors such as rising need for sustainable packaging solutions, rising consumer desire for visually attractive and long-lasting labels, and rigorous product labeling and safety laws. Manufacturers are innovating to provide eco-friendly laminated labels manufactured from recyclable materials that include properties like biodegradability and composability. Furthermore, advances in printing technology allow for the manufacturing of high-quality, customized laminated labels with brilliant colors and sophisticated patterns, responding to the changing demands of industries such as food and beverage, medicines, and personal care.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of laminated labels was reached USD 97.6 billion in 2023 and is anticipated to register a CAGR of over 4.3% between 2024 and 2032, driven by the growing need for long-lasting and versatile labeling solutions across a variety of sectors.

Facestock segment accounted for 47.4% market share in 2023 and is projected to grow through 2032, as industries such as pharmaceuticals, food and beverage, personal care, and consumer products are placing a greater focus on product branding, information transparency, and shelf appeal.

APAC market for laminated labels generated a revenue of USD 36.1 billion in 2023 and will show strong growth through 2032, driven by the growing industrial sector, rapid urbanization, and rising retail sector, in consort with strict rules governing product labeling, safety, and traceability.

Alpine Packaging, Inc, Avery Dennison Corporation, 3M Company, CCL Industries Inc., Flexcon Company, Inc., Henkel Adhesives Technologies India Private Limited, Lintec Corporation, Mondi, and Stickythings Limited.