Global industrial labels market Will Reach at a Highest CAGR of 7.1% by 2025

 john dbmr
  21st-Aug-2019
 62

Global Industrial Labels Market is expected to reach USD 58.35 billion by 2025, from USD 44.72 billion in 2017 growing at a CAGR of 7.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

This market report defines the market trends and forecast the upcoming opportunities and threats of the industrial labels market in the next 8 years. Industrial label is a collection of a piece of paper, plastic, fabric or other material applied on the product for identification, visual or textual information, advertising, operating instruction of product . They are comprised of barcode, RFID, flexography, offset, digital printing and screen printing technology. It has various features such as dust resistant, high temperature, moisture resistant, and pressure resistant with anti-peel properties. Industrial labels have various processes such as pressure sensitive labeling, glue-applied labeling, and heat transfer. Industrial labels are widely applicable in different industries such as automobile, consumer durable, transportation amongst others.

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Competitive Analysis: Global Industrial Labels Market

The global industrial labels market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial labels market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Industrial Labels Market

Some of the major players operating in the global industrial labels market are AVERY DENNISON CORPORATION. 3M, DuPont, Henkel AG & Co. KGaA, Cenveo Corporation, CCL Industries Inc., Brady Worldwide, Inc., DUNMORE., Fuji Seal International, Inc., H.B. Fuller Company Flexcon Company, Inc., Saint Gobain SA, and others.

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Market Segmentation: Global Industrial Labels Market

· By Type (Warning/Security Labels, Equipment Asset Labels, Weatherproof Labels, Branding Labels),

· By Mechanism (Pressure Sensitive Labelling, Glue-Applied Labelling, Heat Transfer),

· By Raw Material (Metal Labels, Plastic/Polymer Labels),

· By Technology(identification technology and printing technology),

· By End-User Industry(transportation & logistics, automotive, consumer durables, construction and others),

· By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Major Market Drivers and Restraints:

· Growing production of consumer durable goods

· Rise in automotive industry

· Growing popularity of online designing tools

· Rising awareness regarding industrial labels

· Increase demand of raw material

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