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Labels Market to Witness High Growth from 2025 to 2033

 


Report Overview

The global Labels Market was valued at US$ 43.21 billion in 2024, and is projected to reach US$ 64.97 billion by 2032, growing at a CAGR of 5.23% during the forecast period 2025-2032.

The market is driven by rising demand for sustainable packaging in food and pharma. Key factors include printing innovations and eco-friendly materials.

The labels market encompasses pressure-sensitive and shrink types for traceability and branding.

North America and Europe lead due to regulatory compliance and tech adoption.

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Key Highlights

Market Growth: The global labels market is expected to grow from US$ 43.21 billion in 2024 to US$ 64.97 billion by 2032 at a CAGR of 5.23%.

North America’s Dominance: The region holds a dominant market share in 2024, driven by FMCG giants.

Paper Materials Lead: The segment accounts for major share, fueled by recyclability.

Technological Advancements: Digital printing enables QR codes and AR integration.

Key Applications: Food & beverages and pharmaceuticals drive compliant labeling.

Major Players: Companies like Avery Dennison and CCL Industries lead innovations.

Market Dynamics

Drivers: Rising Chronic and Genetic Diseases

Advancements in digital and flexo printing drive labels market growth.

QR and AR enhance consumer engagement in products.

IoT integration offers real-time tracking for supply chains.

Sustainability pushes recyclable materials like UPM's Forest Film.

Restraints: High Costs

Rising raw material costs like paper and plastics impact production.

Supply disruptions lead to higher expenses and thinner margins.

Price-sensitive markets see reduced demand from cost pass-through.

Geopolitical factors exacerbate volatility in adhesives.

Segmentation Analysis

By Product Type

The market is segmented into pressure-sensitive, shrink, stretch, and wet glue labels.

Pressure-sensitive leads for versatility in pharma and food.

Shrink suits irregular shapes in consumer goods.

By Technique

Techniques include flexographic, digital, gravure, and offset printing.

Digital grows for variable data and small runs.

Flexo dominates high-volume food packaging.

By Application

Applications cover food & beverages, pharma, cosmetics, and others.

Food leads with traceability needs.

Pharma requires precise regulatory labels.

By End User

End users include manufacturers, retailers, and logistics firms.

FMCG companies like PepsiCo drive volume.

E-commerce boosts online retail labeling.

Geographical Analysis

North America: Dominant Market Share

North America leads the global labels market, home to P&G and Walmart.

FDA regulations demand compliant pharma labels.

Smart shelf systems use RFID for efficiency.

High e-commerce adoption fuels versatile solutions.

Other Regions

Europe emphasizes EU sustainability standards.

Asia-Pacific grows with packaged goods boom.

Latin America and MEA expand in chemicals and food.

Major Companies

Key players driving the market include:

  • Mondi Group

  • Neenah, Inc

  • LINTEC Corporation

  • Avery Dennison Corporation

  • Multi-Color Corporation

  • Huhtamaki Group

  • Berry Global Inc

  • UPM Raflatac

  • CCL Industries

  • Klöckner Pentaplast

Recent Developments

November 2024: Munbyn launched Realwriter RW402 thermal printer.

August 2024: Innovia Films introduced RayoForm ELR70 for in-mold labeling.

September 2024: Avery Dennison released INGEDE12-certified paper labels.

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Report Scope

Metrics

CAGR: 5.23%

Market Size Available: 2022-2032

Forecast Period: 2025-2032

Revenue Units: US$ Billion

Segmentation

Product Type: Pressure Sensitive, Shrink, Stretch, Wet Glue, Others

Technique: Flexographic, Digital, Gravure, Offset, Others

Application: Food & Beverages, Pharmaceutical, Cosmetics, Others

End User: Manufacturers, Retailers, Logistics, Others

About DataM Intelligence

DataM Intelligence 4Market Research is a leading market intelligence platform offering syndicated and customized reports across industries like biotechnology, healthcare, and pharmaceuticals. With comprehensive insights, statistical forecasts, and a strategy-centric approach, DataM Intelligence supports businesses in bringing innovations to market.

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