Labels are usually attached to the products and contain printed or written information about the product or items. Laminating is used in the labels so that they prevent the label from getting destroyed by chemical, solvents and extreme temperature. Adding lamination in the label not only make them water and chemical resistant but also increase its visual impact and strength. The main function of these laminated labels is to make sure that the information or content written on the label should be readable. These laminated labels are widely used in the outdoor products or in the products which have high chances to get exposed in chemical, water or other environment conditions. These are usually made of material such as polyesters, polypropylene and others. Due to their longevity, laminated labels are widely used in products associated with healthcare, electronics, textile, apparel, personal care and others. Using laminated label is cost effective for the manufacture, as it eliminates the need of changing the damage label repeatedly.
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Key Market Drivers:
The market is segmented on the basis of composition as facestock, adhesive, release liner; printing ink are segmented into water-based ink, UV-curable based ink, solvent based ink, hot-melt based ink; printing technology is segmented into digital, flexographic, gravure, screen, lithography, offset, letterpress; form is segmented into reels, sheets, and by application the market is segmented into food & beverage, consumer durables, home & personal care, pharmaceuticals, retail labels, and others.
Some of the major acquisition and launches in the market are as follows:
According to Data Bridge Market Research, global laminated labels market is expected to reach USD 117.24 billion by 2025, growing at a steady CAGR during the forecast period of 2018 to 2025
Some of the prominent market players are Tesa SE-A Beiersdorf Company, Seiko Holdings Corporation, Laminated labels International, Sandora Sales and Manufacturing Ltd., Polylabel, Intertronics, R.R. Donnelley & Sons Company, OpSec Security Group Ltd., Guangzhou Manborui Material Technology Co Ltd., Constania, R.R. Donnelley & Sons Company, FLEXcon Company Inc., Torraspapel S.A, Bemis Company Inc.,Stickythings Limited, 3M, Avery Dennison Corporation, CCL Industries Inc., UPM, Honeywell International Inc., and others.
Packaging plays a very important role in the product as it attracts customers and help in the sale of the product. Many innovations have taken place in the market and launch of the laminated labels is one of them. They are highly adopted by the manufacturers, because they protect the label from getting damaged. These laminated labels are facing a high demand from industries such as food and beverage, pharmaceutical, personal care and other, which is anticipated to raise the demand of this market.
Global Laminated Labels Market– Industry Trends and Forecast to 2025