The globallinerless labels market size is set to gain momentum from their risingdemand from the packaging & labeling industry. It is mainly occurring as the
concerns regarding liner waste are upsurging. This information is published by Fortune Business Insights™ in a recentreport, titled, “Linerless Labels MarketSize, Share & Industry Analysis, By Adhesion Type (Permanent, Removable,
Repositionable, and Others), By Printing Technology (Direct Thermal, Thermal
Transfer, Laser, Inkjet, and Others), By Application (Food & Beverage,
Pharmaceuticals & Personal Care, Retail, Logistics and Others), By
Component (Facestock, Adhesive, and Release Coating) and Regional Forecast,
2024-2032.”
Theglobal linerless labels market size was valued at USD 2.33 billion in 2019 and
is projected to reach USD 4.42 billion by 2032, exhibiting a CAGR of 5.12%
during the forecast based on our analysis in the existing report.
This Report Answers the Following Questions:
ü What arethe strategies adopted by key companies to increase sales?
ü Whichregion is expected to lead the market by generating the largest revenue?
ü Which segmentwould dominate the market by gaining the maximum share?
ü What arethe growth drivers and obstacles that the market may come across in the coming
years?
ü What arethe challenges and opportunities in the market?
Drivers & Restraints-
Rising Usage of Attractive & Food-safe Labels to Spur Growth
Brand recognition plays a vitalrole when it comes to the sales of food products worldwide. Labeling is a
significant part of branding. The utilization of food-safe and attractive
labels helps the food and beverage industry to grow. In the Latin American and
Asian countries, namely, Brazil, Japan, and Southeast Asia, food products, such
as fruits, bacon, and ham are packed with linerfree labels. Also, several
ruling bodies have put forward strict norms and regulations regarding the information
that is to be printed on the labels of food products.
Unlike conventional labels,linerless labels are capable of including 30% more print. In addition to this, manufacturers
won’t have to change the dimensions of linerless labels and thus, they can be
easily used instead of the traditional ones. They are also cost-effective and
hence, are very popular in the food and beverage sector. The expansion of food
and beverage industry across the globe is likely to contribute to the growth of
the backingless labels market growth in the coming years. However, the regular
shapes of linerless labels may not fulfil the requirements for a novel
trademark. It may hamper growth.
Segment-
Food & Beverage Segment to Hold Largest Share Backed by the HighDemand for Linerless Labels
Based on application, the market issegregated into logistics, retail, pharmaceutical & personal care, food
& beverage, and others. Amongst these, the retail segment held 16.9%
linerfree labels market share in 2019. The food & beverage segment is
expected to procure the largest share throughout the forthcoming period as it
is necessary for the prominent companies to differentiate their products from
the competitors. Therefore, they need a wide variety of labels to showcase
authentic information regarding the contents of the product.
Regional Analysis-
Growth of E-commerce to Drive Market in Asia Pacific
Geographically, the market iscategorized into the Middle East and Africa, Latin America, Asia Pacific,
Europe, and North America. Out of these, Asia Pacific generated USD 892.5 million
revenue in 2019. This growth is attributable to the expansion of e-commerce in
this region. North America is anticipated to grow considerably backed by the
presence of a well-established retail sector in the U.S. Also, the demand for
retail and personal care goods would upsurge because of the outbreak of
Covid-19 pandemic. For gaining the confidence of customers, companies are
demanding for eye-catching labels for their products. In Europe, the market is
set to grow steadily owing to the high demand from the pharmaceutical industry.
Competitive Landscape-
Key Players Focus on R&D Activities to Develop New Products
The market is semi-consolidated.Most of the top players are investing hefty amount of money in research and
development activities to introduce innovative linerless labels and their
components. Below are two of the latest key industry developments:
