According to research study by FortuneBusiness Insights™ The global linerless labels market share is set togain momentum from their rising demand 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™ Thereport further mentions that the linerless labels market size was USD2.33 billion in 2019 and is projected to reach USD 3.43billion by 2027, exhibiting a CAGR of 5.0% during the forecast period.
The emergence of COVID-19 has broughtthe world to a standstill. We understand that this health crisis has brought an
unprecedented impact on businesses across industries. However, this too shall
pass. Rising support from governments and several companies can help in the
fight against this highly contagious disease. There are some industries that
are struggling and some are thriving. Overall, almost every sector is
anticipated to be impacted by the pandemic.
We are taking continuous efforts tohelp your business sustain and grow during COVID-19 pandemics. Based on our
experience and expertise, we will offer you an impact analysis of coronavirus
outbreak across industries to help you prepare for the future.
Source:
This Report Answers the FollowingQuestions:
- What are the strategies adopted by key companies to increase sales?
- Which region is expected to lead the market by generating the largest revenue?
- Which segment would dominate the market by gaining the maximum share?
- What are the growth drivers and obstacles that the market may come across in the coming years?
- What are the challenges and opportunities in the market?
Drivers & Restraints-
Rising Usage of Attractive &Food-safe Labels to Spur Growth
Brand recognition plays a vital rolewhen 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.
