Market Research Report
Laminated Labels - Global Market Outlook (2017-2023)
|Published by||Stratistics Market Research Consulting||Product code||551013|
|Published||Content info||150 Pages
Delivery time: 2-3 business days
|Laminated Labels - Global Market Outlook (2017-2023)|
|Published: August 1, 2017||Content info: 150 Pages||
According to Stratistics MRC, the Laminated Labels Market is valued at $80.39 billion in 2016 and is expected to reach $124.04 billion by 2023 growing at a CAGR of 6.4 % from 2016 to 2023. Increasing demand for labels in food & beverages, pharmaceutical industry and other consumer goods labelling makes significant growth of laminated label market. Changing in consumer preference and technological advancements will also affect the market growth. However, cost of raw material and printing on the packaging is limiting the market growth.
By application, Food and Beverages segment has major market share followed by pharmaceuticals. Cost-efficient, technology and effective labelling are the factors affecting the packaging industry by changing preferences. Asia Pacific has the largest market share because of increasing end-user applications in countries such as China and India for packaging of food products.
Some of the key players in the market Avery Dennison Corporation, CCL industries Inc, Hub Labels, Langley Labels, Cenveo, Bemis Company Inc., Constantia Flexibles Group GmbH, Flexcon Company Inc., Sticky things Limited, Torraspapel Adestor, 3M Company, Coveris Holdings S.A., and R.R. Donnelley & Sons Company, Mactac.