Pune, India, January 2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Linerless Labels Market.
The Linerless label has special release coating applied to the face of the label. This coating allows label to be wound on a roll without the adhesive sticking to the label below it. Market Research Future (MRFR) has published a report about the Linerless Labels Market that anticipates surge for this market at 4.70% CAGR (Compound Annual Growth Rate) between 2022 - 2030.
The major driving factor for the global linerless labels market is the growing demand for such labels in from the food & beverage sector. Other factors that contribute to the market growth include growing transportation and logistics sector, growing demand for consumer goods product along with flexible packaging industry, stringent government policies in the emerging economies due to increased awareness about food safety. However, the fluctuating price of raw materials can hinder the market growth.
The global linerless labels market can be segmented by application, composition, printing ink, printing technology, and lastly, region. The application-based segmentation segments this market into consumer durables, food & beverage, personal care, pharmaceuticals, retail, and others. Among these segments, food & beverage segment holds the largest market share due to added functionalities like preventing food spoilage, retaining the integrity of a product, and improve product attributes. These attributes include aroma, look, and taste.
Based on composition, the market has been segmented into adhesives, face stock, and topcoat. On the basis of printing ink, the market has been segmented into hot melt-based inks, solvent-based inks, ultraviolet (UV)-curable inks, and water-based inks. The segmentation as per printing technology segments the market into digital printing, flexographic printing, lithography printing, offset printing, and others.
The regional segmentation of the global linerless labels market can segment the market into regional markets namely Europe, North America, Asia Pacific, and the rest of the world (RoW). The Asia Pacific region is the largest regional market, and during the forecast period, it is expected to witness the fastest growth. In this region, the market is growing due to high growth in the retail industry, the growing incidence of theft in the retail industry, growing industrial activities in the Asia Pacific region, increase in purchase power of the consumer, and changing the lifestyle of consumers. Major revenue contributors to the Asia Pacific market are China, India, Japan, and Thailand, followed by the remaining countries of the Asia Pacific region. China has the largest share in the Asia Pacific market.
North America and Europe are other two important regional markets due to the high demand for packaged foods & beverages. The constant growth of the pharmaceutical industry also contributes to the market growth. In North America, USA is the biggest country-specific market, followed by Canada. Many key players in market are based in North America, especially in the USA. In Europe, the major country-specific markets are France, Germany, Italy, and the UK, followed by the remaining countries in Europe.
The key players in the global linerless labels market include 3M Company (USA), Avery Dennison Corporation (USA), CCL Industries Inc. (Canada), Cenveo Corporation (USA), Constantia Flexible Group GMBH (Austria), Coveris Holdings S.A. (USA), General Data Company Inc. (USA), Gipako (Europe), Hub Labels (USA), NAStar Inc. (USA), NSD Labelling Group (UK), Ravenwood Packaging (UK), Reflex Labels (UK), RR Donnelley & Sons Company (USA), and Skanem AS (Norway).
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