In a recent published report, Kenneth Research has updated the market report for Self Adhesive Label Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Self Adhesive Label Market products.
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Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.
Global Self-Adhesive Labels Market was valued at USD 31.57 Billion in the year 2018. Global Self-Adhesive Labels Market is further estimated to grow at a CAGR of 5.7% from 2019 to reach USD 46.5 Billion by the year 2025. Self-adhesive labels are normally used to fix on the packaging. These labels show the essential information about the product. They are also used for decorative purposes to grasp the attention and attract consumers.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Asia-Pacific region holds the highest Market share in 2018 and also considered as the fastest growing Market in the forecasted period. At a country level, developed markets like China holds the notable Market share in 2018 and it is projected to grow in the coming years. The growth of e-commerce industries brings the demand for packaging, which uses the self-adhesive labels.
Cloud Endpoint Protection Market Is Estimated To Expand At a Healthy CAGR in the Upcoming Forecast 2025
Global Self-adhesive labels Market is segmented based on Compositions, type, application, and region. On the basis of the by type, the Market is segmented into the temporary or removable and permanent. Permanent labels accounted for the largest Market share in 2017. On the basis of the application, the Market is further segmented into consumer goods, Food & Beverages, Pharmaceuticals, and others. The consumer goods dominating the application segment of the global the self-adhesive labels Market.
Major market players in Self-Adhesive Labels Market are Henkel AG & Co., Torraspapel Adestor, Avery Dennison Corporation, CCL Industries Inc., Americk Packaging Group, Constantia Flexibles Group Gmbh, S&K LABEL Spol.S R.O., H.B. Fuller Company, UPM-Kymmene Oyj, 3M Company, and 9 more companies detailed information is provided in the report.
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Global Self-adhesive labels Market is segmented based on Compositions, type, application, and region. On the basis of the by type, the Market is segmented into the temporary or removable and permanent. Permanent labels accounted for the largest Market share in 2017. On the basis of the application, the Market is further segmented into consumer goods, Food & Beverages, Pharmaceuticals, and others. The consumer goods dominating the application segment of the global the self-adhesive labels Market.
Major market players in Self-Adhesive Labels Market are Henkel AG & Co., Torraspapel Adestor, Avery Dennison Corporation, CCL Industries Inc., Americk Packaging Group, Constantia Flexibles Group Gmbh, S&K LABEL Spol.S R.O., H.B. Fuller Company, UPM-Kymmene Oyj, 3M Company, and 9 more companies detailed information is provided in the report.
SWOT analysis of Self-Adhesive Labels Market
Strength:
High growth in the transportation and logistics sector
Growing acceptance and demand in the end-use Market
Weakness:
Lack of awareness about various types of labeling techniques
Opportunities:
Growing demand for Self-Adhesive Labels across numerous applications
New Product Development
Threats:
Fluctuating price of raw materials
Strict government guidelines
Self-Adhesive Labels Market Segmentation
Self-Adhesive Labels Market Overview, By Compositions
*Release Liner
*Adhesive Layer
*Face Stock
Self-Adhesive Labels Market Overview, By Type
*Removable
*Permanent
Self-Adhesive Labels Market Overview, By Application
*Consumer Goods
*Food & Beverages
*Pharmaceuticals
*Others
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Self-Adhesive Labels Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
Reasons to Purchase this Report
*Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
*Provision of market value (USD Billion) data for each segment and sub-segment
*Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
*Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
*Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
*Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
*The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
*Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
*Provides insight into the market through Value Chain
*Market dynamics scenario, along with growth opportunities of the market in the years to come
*6-month post sales analyst support
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