Linerless labels market is set to grow from $1.5 billion in 2019 to $2.5 billion by 2029, driven by eco-friendly packaging trends.
Linerless labels are designed without a release liner, which reduces the amount of raw material required to manufacture labels, and makes these labels an eco-friendly alternative. Absence of a liner layer saves on extra labor, storage, and transportation costs for end users, and reduces industrial waste and carbon emission. These factors are expected to boost the demand for linerless labels substantially during the forecast period (2019-2029).
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Removable linerless labels are estimated to hold a leading position in the global linerless labels market, and generate an incremental opportunity of US$ 240 Mn from 2019-2024. Prominent packaging manufacturers are continuously striving to offer sustainable and environment-friendly packaging solutions to various end-use industries.
Key Takeaways of Linerless Labels Market Study
Manufacturers of linerless labels can gain substantial profits by focusing on the Asia Pacific excluding Japan region, attributable to rising demand for packaging solutions due to the rapidly growing food & beverage industry in this region.
Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies
Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.
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Sustainable Packaging Formats to Shape Market Growth
How Growth will Unfold
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About the Linerless Labels Market Report
Future Market Insights, in its new offering, offers an unbiased analysis of the global linerless labels market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study unravels growth projections on the linerless labels market on the basis of product type (variable imaged and direct thermal), printing technology (digital printing, flexo printing, offset printing, gravure printing, screen printing, and others), adhesion (permanent, removable, and repositionable), and end-use industry (retail, food & beverages, logistics, pharmaceuticals, and others), across seven major regions.
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Report: https://www.futuremarketinsights.com/reports/linerless-labels-market
The article discusses the growth of the linerless labels market, highlighting its eco-friendly benefits and market trends.
The market is driven by the need for sustainable packaging solutions, cost savings, and regulatory pressures to reduce waste.
North America and Asia Pacific excluding Japan are leading in market share due to rapid industrial growth.
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