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Automotive Labels Market Research Report - Global Forecast till 2025

Automotive Labels Market Research Report: Information, by Type (Warning & Safety, Asset, Branding, Dome, and Other Labels), Material [Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polycarbonate (PC), and Others], Identification Technology (Barcode, RFID, and Others), Printing Technology (Flexography, Offset, Digital Printing, Screen Printing, and Others), Mechanism ( Pressure-Sensitive, Heat Transfer, and Others), Vehicle Type (Passenger Car and Commercial Vehicle), and Region (North Amer

ID: MRFR/AM/1387-HCR | December 2022 | Region: Global | 100 Pages         

Automotive Labels Market

According to the latest research report, the automotive labels market size is expected to reach about USD 10 billion by 2025, expanding at a CAGR of 5.5 percent during the forecast period.

Segmentation

By Type Warning & safety labels Branding labels Dome labels Asset labels Others (inventory tags VIN labels and nameplates)
By Raw Material Polyvinyl chloride (PVC) Polypropylene (PP) Polyethylene terephthalate (PET) Polyethylene (PE) Acrylonitrile butadiene styrene (ABS) Polyurethane (PU) Polycarbonate (PC) Others (paper & paperboard and metal)
By Mechanism Pressure-sensitive Glue-applied Heat transfer In-mold Others

Key Players

  • 3M (US)
  • Avery Dennison Corporation (US)
  • UPM-Kymmene Corporation (Finland)
  • H.B. Fuller (US)
  • Sika AG (Switzerland)
  • CCL Industries Inc. (Canada)
  • Barry-Wehmiller Companies Inc. (US)
  • Dunmore (US)
  • Lewis Labels Products Corp. (US)
  • and Precision Contract Manufacturing (US)

Drivers

  • Growing demand for electric vehicles
  • The emergence of new products for automobiles
  • Stringent regulations
  • Rising demand for sustainable packaging and the growing demand for environment-friendly vehicles
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Automotive Labels Market Overview


According to the latest research report, the automotive labels market size is expected to reach about USD 10 billion by 2025, expanding at a CAGR of 5.5 percent during the forecast period.


A label is a piece of paper, cloth, polymer, or other material that is affixed to an object to identify information written or printed on it. Labels used in the automobile sector are strong enough to withstand severe conditions and offer identity, dates, use information, and security to ensure consumers receive OEM-grade items. Automotive labels are applied to car interiors, exteriors, and engine components.


The need for smart labels such as barcodes and RFID in the automotive sector for guaranteeing the safety of automotive parts as well as giving identification and information is driving growth in the automotive label market. The rising need for eco-friendly label production processes is also a significant driver of the global automotive labels market's expansion. However, the growing raw material costs of labels, as well as varying requirements across countries, operate as a restriction on the worldwide automobile labels industry's growth. However, the fast expansion of the automotive sector in emerging nations like China, India, Mexico, and Vietnam, as well as rising demand for electric cars and the introduction of new automobile products, are creating possibilities for the worldwide market.


This report contains all the information on the global automotive labels market outlook and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the automotive labels market forecast for 2027 is also included in the report.


Covid 19 Analysis


COVID-19's financial impact on companies and financial markets might have an influence on the global economy.


Competitive landscape


The automobile labels industry is fairly fragmented, with many firms offering a variety of goods such as 3M performance labels, safety labels, information labels, glass-marking labels, industrial tires, and safety labels, and label printing systems. The introduction of new companies with technologically superior and creative products will increase market rivalry in the coming years.


Major Key Players



  •         3M (US)

  •         Avery Dennison Corporation (US)

  •         UPM-Kymmene Corporation (Finland)

  •         H.B. Fuller (US)

  •         Sika AG (Switzerland)

  •         CCL Industries Inc. (Canada)

  •         Barry-Wehmiller Companies Inc. (US)

  •         Dunmore (US)

  •         Lewis Labels Products Corp. (US)

  •         Precision Contract Manufacturing (US)


Market Dynamic



  •         Drivers


The growing demand for automobiles among people is a critical element in the market's growth. Labels are increasingly used by firms in this industry for part identification and branding. This is the market's driving force. The rise in the security and tagging markets to safeguard items from various brands labeling is done on the relevant brand of product. Parts in the automobile sector must be labeled for security reasons.



  •         Opportunities


The worldwide market is benefiting from the fast expansion of the automotive sector in emerging economies like China, India, Mexico, and Vietnam, as well as the rising demand for electric vehicles and the introduction of innovative automobile products.



  •         Restraints


The cost of raw materials necessary for the manufacture of automobile labels is quite expensive, and this is a limiting factor for the market's growth. It is difficult for small players who supply parts to larger companies to gain economies of scale, and it is extremely competitive for them. They cannot afford to apply a high degree of labeling to the items they make. This is the stumbling block for them.



  •         Challenges     


The high cost of label production for a specific material, printing mistakes on material and human input, different technical developments in industries, and a range of severe circumstances such as high temperatures, salt spray exposure, and common chemicals are all challenging factor which is ultimately limiting the automotive labels market growth.


Cumulative Growth Analysis


The important development in the global automotive labels market is the advent of smart label technologies. The automobile labeling business is being impacted by technological developments in the manufacture of smart labels that can connect with scanning systems. NFC, QR, and RFID technologies are used to store basic information that cannot be written on labels. As a result, growing automobile label demand will result in the standardization of label specifications for newer labels. During the forecast period, the need for smart and standardized labels will fuel the expansion of the automotive parts labeling market at a CAGR of close to 5%.


The automotive sector is one of the most developed in the country, which borders India and China, but it has been in a recession, resulting in a drop in vehicle output. According to OICA figures, the output of passenger cars in India in 2018 was about 4,032,481 and decreased to 3,623,335 in 2019, representing a -10.1 percent decrease. In China, on the other hand, vehicle production in 2018 was 23,529,423 and fell to 21,360,193 in 2019, representing a -9.2 percent reduction. As a result of these data, the governments of India and China have taken action to expand automobile manufacturing in their respective nations and expedite the growth of the automotive sector in order to recover from the downturn.


Value Chain Analysis


According to the reports, the worldwide automobile labels market is divided into many segments, including type, material, identification technology, printing technique, mechanism, and region. The worldwide market has been divided into four types: warning & safety, asset, branding, dome, and other labels. The worldwide market has been divided into polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polycarbonate (PC), and others based on material. The global market has been divided into three categories based on identifying technology: barcode, RFID, and others. The worldwide market has been divided into printing technologies such as flexography, offset, digital printing, screen printing, and others. The global market has been divided into pressure-sensitive, heat transfer, and others based on mechanism. The worldwide market has been split into two segments based on vehicle type: passenger cars and commercial vehicles.


Segmentation Overview


The market is segmented based on type, material, identification technology, printing technique, mechanism, and region. The global automobile labels market trend is expected to witness decent growth during the forecast period.


By Application


The market is segmented into polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polycarbonate (PC), and others based on the application.


By end-users


Based on the propulsion types, the market is segmented into passenger cars and commercial vehicles.


Regional Analysis


According to the reports, the worldwide market has been divided into four key regions: North America, Europe, Asia-Pacific, and the rest of the world. Due to the rising demand for smart labels and environmental concerns for efficient label production processes in this area, Asia-Pacific is predicted to be the biggest market for automotive labels and to dominate the market by the end of the forecasted period. Developing nations like as China and India are major markets with significant potential for the region's automobile labels market value. North America is expected to increase at a rapid pace throughout the projected period. Stringent regulations increased need for sustainable packaging, and rising demand for environmentally friendly cars are all factors driving the growth of this market in the region, with Europe expected to occupy the second-largest position in the worldwide automotive labels market share throughout the projection period. The presence of major OEM brands such as BMW, Aston Martin, Jaguar, and Mercedes Benz is helping to drive this market's expansion in Europe.


Report Overview


The following report comprises of –



  •         Market overview 

  •         Covid 19 Analysis

  •         Market Dynamic

  •         Drivers

  •         Opportunities

  •         Restraints 

  •         Challenges

  •         Cumulative Growth Analysis

  •         Value Chain Analysis

  •         Segmentation Overview 

  •         By Application 

  •         By End-Users

  •         Regional Analysis

  •         Competitive landscape


Recent Developments



  •         Schreiner ProTech, located in Germany, is one of the major businesses involved in the manufacturing and selling of automotive and engineering labels. They just announced the introduction of their new product, an anti-counterfeiting solution. The product is a colour laser film (CLF) nameplate with a tiny typeface. The cost of producing this product is the same as the cost of traditional solutions on the market.

  •         Electronic Imaging Materials, Inc., another business involved in the manufacture of labels for various labelling applications and needs in many end-user sectors, including cars, has a diverse product portfolio. Some of the items they provide are "629 EnduraLabel," which is suited for use on undercarriage parts, undercarriage applications, greasy surfaces, and plastic labels. “677 White Plastic,” a product supplied by the firm, is designed for use in battery casing applications and can tolerate chemicals and moisture in the majority of applications. “1783 EnduraLabel,” a product suited for use in applications relating to automotive undercarriage and rims.


By Type:



  • Warning & safety labels

  • Branding labels

  • Dome labels

  • Asset labels

  • Others (inventory tags, VIN labels, and nameplates)


By Raw Material:



  • Polyvinyl chloride (PVC)

  • Polypropylene (PP)

  • Polyethylene terephthalate (PET)

  • Polyethylene (PE)

  • Acrylonitrile butadiene styrene (ABS)

  • Polyurethane (PU)

  • Polycarbonate (PC)

  • Others (paper & paperboard and metal)


By Mechanism:



  • Pressure-sensitive

  • Glue-applied

  • Heat transfer

  • In-mold

  • Others (wrap around)


By Application:



  • Exterior labels

  • Interior labels

  • Engine component labels

  • Others (mechanical automotive components except engine parts)


By Printing Technology:



  • Flexography

  • Offset

  • Digital printing

  • Screen printing

  • Others (letterpress and gravure printing)


By Identification Technology:



  • RFID

  • Barcode

  • Hologram

  • Others (color coding)


By Region:



  • North America

  • Europe

  • Asia-Pacific

  • RoW



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2025: USD 10 Billion
  • 2025 : Significant value
  •   CAGR   5.5% CAGR (2022-2025)
      Base Year   2021
      Forecast Period   2022-2025
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Material, Identification Technology, Printing Technology, Mechanism, Vehicle Type
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   3M (US), Avery Dennison Corporation (US), UPM-Kymmene Corporation (Finland), H.B. Fuller (US), Sika AG (Switzerland), CCL Industries Inc. (Canada), Barry-Wehmiller Companies Inc. (US), Dunmore (US), Lewis Labels Products Corp. (US), and Precision Contract Manufacturing (US)
      Key Market Opportunities

  • Growing demand for electric vehicles, and the emergence of new products for automobiles
  • Stringent regulations, rising demand for sustainable packaging and the growing demand for environment-friendly vehicles
  •   Key Market Drivers

  • Increasing demand for eco-friendly label production techniques
  • Increasing demand for smart labels such as barcode and RFID in the automotive industry for ensuring the automotive part’s safety and providing identification and information


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    Frequently Asked Questions (FAQ) :

    The global automotive labels market is poised to record a market value of USD 10 Billion by 2025.

    The global automotive labels market is maturing at a whopping 5.5% CAGR over the review period of 2020 to 2025.

    A few significant players of the global automotive labels market are Lewis Labels Products Corp. (US), Dunmore (US), Barry-Wehmiller Companies Inc. (US), and Precision Contract Manufacturing (US).

    The polyvinyl chloride (PVC) segment is expected to drive market growth over the review period.

    The RFID segment is likely to witness the highest demand in the automotive labels market.