The pressure labels market size is estimated to grow from USD 74.14 Billion in 2015 to USD 92.46 Billion by 2020, at a CAGR of 4.52%.
Pressure labels stick on to the product by the application of pressure on the adhesive. They are used in pharmaceutical and natural products, beverages, microbrewery, automotive products, chemical pails, household goods, food industry, and cider and wine industry. The pressure labels do not require heat, solvent, and water to adhere to the package. They are easy to use and highly versatile.
A detailed report on Global Pressure Labels Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Pressure Labels market: Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), Constantia Flexibles (Austria), UPM (Finland), 3M (U.S.), Henkel AG & Co. KGaA (Germany), Mondi Group (South Africa), Coveris Holdings S.A. (U.S.), H.B Fuller (U.S.), and Torraspapel Adestor (Spain).
Regional Analysis For Pressure Labels Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Pressure Labels market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Pressure Labels Market Outlook
- Asia Pacific is the largest and estimated to be the fastest growing market due to burgeoning growth in the food & beverages and pharmaceutical industry, which has been driven by urbanization in China, India, and Japan. Pressure labels market in the region is expected to grow along with the forecasted demand growth for food, beverages, and pharmaceutical products
- North American and European pressure labels markets are also projected to grow due to the increasing commercialization and industrialization in these regions. Also, significant application of pressure labels in various industries gives it a stronghold
Key Developments
- In 2016, Avery Dennison Corporation expanded its AveryPRO line of pressure sensitive labels for professional printers and graphic designers. The company launched Soft Touch and Silver Matte labels to existing product portfolio. The products will eliminate the need for post-production finishes & specialized inks, reduce the costs, increase profitability and speed up the printing process.
- In 2016, Avery Dennison Corporation acquired European business of Mactac, manufacture of pressure sensitive products including specialty labels, graphics, and industrial tapes. The acquisition helped Avery Dennison to expand its product portfolio and increased its production capacity. Mactac Europe also served customers in Asia Pacific, South America, Middle East and Africa which helped Avery Dennison to strengthen its market presence.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com