Sep 4, 2014 : Bharat Book Bureau presents the new report, on "World Labels”. In addition, minimal set-up and clean-up time, combined with rapid changeover, make these labels more adaptable for short-run lines.
World label demand to approach 58 billion square meters in 2018
Demand for labels will be driven by improved growth in manufacturing
activity, as the global economy continues to gain momentum following the recent
downturn. While the Asia/Pacific will continue to be the largest and
fastestgrowing regional market, the strongest improvements over the performance
of the 2008-2013 period will be in North America and Western Europe.
Dominant pressure sensitive labels segment to gain market share
Pressure sensitive labels will remain the largest product type and
continue to take market share from glue-applied products in many major
packaging applications, including food, beverages, pharmaceuticals, and
cosmetics. Pressure sensitive labels benefit from a number of qualities,
including ease of usage, diversity of applications and graphics, and
versatility. In addition, minimal set-up and clean-up time, combined with rapid
changeover, make these labels more adaptable for short-run lines. Moreover, the
application speed of pressure sensitive labels is now significantly faster than
many other application systems, creating greater efficiencies and overall cost
savings despite higher unit costs. Above-average demand growth through the
forecast period is also expected in stretch sleeve, heatshrink, and in-mold
labels, though gains in these relatively newer label technologies will come
from relatively small bases, and mainly in more developed markets. For example,
stretch sleeve labels will benefit from their appealing graphics that encompass
entire containers, as well as superior moisture resistance. While demand for
glue-applied labels will see below-average growth, this segment will remain the
second largest overall. Sales of glue-applied labels will continue to be
supported by their low material costs and rapid application speeds. However,
the inconsistency in application and placement of glueapplied labels, as well
as their more difficult clean-up and generally inferior aesthetics, will serve
to limit demand gains. Plastic stock materials will continue to benefit from a
broad shift in favor of plastic packaging, as well as from their aesthetic and
performance advantages over paper-based label stocks. However, paper labels
will maintain an appreciable market presence.
Growth opportunities continue in developing regions
Overall, label demand will grow most rapidly in the developing world,
with much of the gains in demand attributable to China, India, Indonesia, and a
number of smaller markets in the Asia/Pacific region. Growth opportunities will
also be substantial in South America, and much of Eastern Europe and the
Africa/Mideast region. Advances in demand in China are expected to decelerate,
counter to the global trend, but China will still remain among the world’s most
rapidly growing market.
Study coverageThese findings and more are discussed in the Freedonia study, World Labels. It provides historical data plus forecasts for 2018 and 2023 for tapes by application method, material, and market for six world regions and 19 major countries. The study also considers market environment factors, evaluates company market share, and profiles major label stock and finished label suppliers, such as Avery Dennison, CCL Industries, Lintec, Fuji Seal International and UPM-Kymmene.
For more information kindly visit : https://www.bharatbook.com/packaging-market-research-reports-417204/world-labels.html
Related Reports : https://www.bharatbook.com/industry-mfg-market-research-report/packaging.html
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