Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "Laminated Labels Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global laminated labels market is expected to grow from $76.95 billion in 2022 to $82.34 billion in 2023 at a compound annual growth rate (CAGR) of 7%. The laminated labels market is expected to reach $103.53 billion in 2027 at a CAGR of 5.9%.
The laminated labels market research report provides laminated labels market statistics, including laminated labels industry global market size, regional shares, competitors with a laminated labels market share, detailed laminated labels market segments, market trends and opportunities, and any further data you may need to thrive in the laminated labels industry.
The laminated labels market is poised for growth, with the e-commerce industry playing a pivotal role in its expansion. E-commerce, the online buying and selling of goods and services, has become a driving force in the business landscape. It offers businesses ample opportunities to connect with customers, boost sales, and provides consumers with a convenient way to shop online.
Laminated labels find versatile applications in the e-commerce sector, including product details, shipping labels, packing labels, and barcodes for identification purposes. For example, in February 2023, France's e-commerce sector, as reported by Ecommerce Europe, a Europe-based association for online businesses, generated a remarkable €146.9 billion ($159.11 billion) in revenue in 2022, marking a 13.8% growth over the previous year.
Moreover, a report from Morgan Stanley in June 2022 revealed that global e-commerce had increased from 15% to 21% of total retail sales from 2019 to 2021, accounting for approximately 22% of total sales. This surge in the e-commerce industry is a significant driver for the laminated labels market.
The adoption of technological advancements is another noteworthy trend gaining momentum in the laminated label market. Companies in this sector are embracing new technologies to maintain their competitive edge. For instance, in September 2020, Cosmo Films Ltd., an India-based producer of packaging, lamination, and labeling films, introduced an innovative BOPP-based clear thermal lamination antimicrobial film.
This film incorporates antimicrobial technology, providing a novel approach to prevent microbial colonization on surfaces, addressing the global issue of bacterial infections on packaged goods. The film features a low-temperature, melting resin extrusion-coated surface, making it easy to apply heat and pressure for lamination to paper products. It is a secure, cost-effective, and user-friendly technology applicable to labels, flexible packaging, and synthetic paper, with a maximum lamination temperature of 100-129 degrees Celsius and strong tear bond strength to paper.
Asia-Pacific was the largest region in the laminated labels market in 2022. The countries covered in the laminated labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the laminated labels market are
- R. R. Donnelley & Sons Company
- Bemis Company Inc.
- Lecta Group
- FLEXcon Company Inc.
- Stickythings Limited
- Constania Flexibles Group GmbH
- Avery Dennison Corporation
- Coveris Holdings S.A.
- CCL Industries Inc.
- Constantia Flexibles Group GmbH
- 3M Company
- Honeywell International Inc.
- Tesa SE
- Seiko Group Corporation
- Cosmo Films
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 275 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $82.34 billion |
| Forecasted Market Value (USD) by 2027 | $103.53 billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Laminated Labels Market Characteristics
3. Laminated Labels Market Trends And Strategies
4. Laminated Labels Market - Macro Economic Scenario
4.1. COVID-19 Impact On Laminated Labels Market
4.2. Ukraine-Russia War Impact On Laminated Labels Market
4.3. Impact Of High Inflation On Laminated Labels Market
5. Laminated Labels Market Size And Growth
5.1. Global Laminated Labels Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Laminated Labels Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Laminated Labels Market Segmentation
6.1. Global Laminated Labels Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Polyester
- Polypropylene
- Vinyl
- Other Materials
6.2. Global Laminated Labels Market, Segmentation By Composition, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Adhesive
- Facestock
- Release Liner
- Other Compositions
6.3. Global Laminated Labels Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Rolls
- sheets
6.4. Global Laminated Labels Market, Segmentation By Printing Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Digital
- Flexographic
- Lithography
6.5. Global Laminated Labels Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Food and Beverage
- Consumer Durables
- Home and Personal Care
- Pharmaceuticals
- Retail Labels
- Other Applications
7. Laminated Labels Market Regional And Country Analysis
7.1. Global Laminated Labels Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Laminated Labels Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/1d0pjb
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