The global automotive labels market is likely to be valued at US$ 7,603.99 million in 2023 and is predicted to secure a slow-paced CAGR of 4.3% during the forecast period. The market is expected to be worth US$ 11,584.7 million by 2033. A historical CAGR of 3.5% has been recorded during the analysis by Future Market Insights.
| Report Attribute | Details |
|---|---|
| Automotive Labels Market Value (2023) | US$ 7,603.99 million |
| Automotive Labels Anticipated Value (2033) | US$ 11,584.7 million |
| Automotive Labels Projected Growth Rate (2023 to 2033) | 4.3% |
Labeling is identified to be the procedure of assigning short names to the products for differentiating them from one another or other brands. Automotive labels are used in automotive for brand recognition to differentiate them from others and create a brand image in the market.
Custom automotive labels are also being used for the identification of the different parts for information and safety concerns. There is a rising demand for smart labels like RFID and bar codes for automotive’s part identification.
Moreover, the rising usage of automobiles and the increase in tagging and security markets to secure the products are the prime factors driving the growth of the automotive labels market. Therefore, it is anticipated that the automotive labels market is likely to witness significant growth during the forecast period.
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Many factors are contributing majorly to the expansion of the automotive labels market, which is likely to fuel a steady growth of the concerned market in the coming years.
Recognition of information: Automobile labels are used for recognizing information written or printed on a cloth, polymer, paper, or other material attached to a particular vehicle’s parts. These labels are manufactured to withstand harsh weather conditions and provide identification, safety, usage information, and dating for consumer verification.
These labels are manufactured with acrylic films available in white lettering or black lettering. Thus, the ability of these labels to withstand any weather and the customized design requirements are anticipated to bring extensive growth to the automotive labels market.
Rising Disposable Income: There is a rise in the disposable income of many individuals around the globe, which has accelerated the sales of vehicles across the globe, further bolstering the demand for automotive labels.
Furthermore, the expanding urbanization among the various regions is also pushing the growth of the automotive labels market to a great extent.
Expanding Vehicle Adoption: The expanding demand for vehicles among the global populace, coupled with an increase in security and tagging for securing products from various brands, may bring considerable demand for the automotive labels market during the forecast period.
Demand for Eco-friendly Labels: The high adoption of eco-friendly labels is expected to drive the growth of the automotive labels market. Automobile manufacturers are aiming towards minimal harm to the planet with the use of eco-friendly materials.
This factor is pushing the manufacturers in the automotive labels market to research more on manufacturing automotive labels using eco-friendly materials, which may bring a substantial expansion in the automotive labels market.
Although several market drivers have been identified for the automotive labels market, some aspects are projected to curb the market growth during the forecast period. They are:
High Cost of Label Manufacturing: It is anticipated by the experts of FMI that there is a very high cost associated with the manufacturing of automotive labels, which may serve as a hindrance to the propelling market. Due to their expensive price tags, small and medium-sized automobile manufacturers cannot afford these labels.
Errors While Printing: In certain instances, errors occur during the printing of material and human errors during input, coupled with changes in the technological changes in industry, which is expected to slow down the pace of market growth for automotive labels.
Principal Consultant
North America:
| Region | North America |
|---|---|
| Market Share | North America is projected to hold the maximum shares and dominate the automotive labels market in the upcoming years. Current Market Share Holding: 34% |
| Factors Responsible for Growth |
|
Europe:
| Region | Europe |
|---|---|
| Market Share | Europe is expected to follow North America and hold the second-leading share in the global automotive labels market, with a slow and steady rise over the period. Current Market Share Holding: 28% |
| Factors Responsible for Growth |
|
The new entrants to the automotive labels market are indulging in collaborations and continually making innovations to the materials and manufacturing procedures of automotive labels to further fuel the adoption of the labels on a wide scale.
Top Start-up to Watch
Localize
Canada-based Start-up
Consumers are demanding more information about what they are buying but seeking less on-pack clutter that confuses their purchasing decisions. QR codes, RFID, NFC tags, and other examples of embedded electronics provide all the necessary information about a product in an interactive form: where it has come from, how it was produced, its nutritional value, etc.
Localize develops a system of managing, capturing, and delivering traceable and certified product information. Their shelf tags enable manufacturers to provide consumers with affordable, smart, and adaptable labels.
Avery Dennison
United States-based Start-up
With the rising need for intelligent labels, sustainability, compliance, and functional labels increased. For today’s fast-paced automotive industry, Avery Dennison is manufacturing durable RFID labels that can meet the requirements and rigors of manufacturing, coupled with long-term use. They offer a full suite of labeling solutions for the automotive industry.
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The automotive labels market has numerous players involved in fierce competition for clenching a sizeable consumer base. The players invest extensively in research and development activities for increasing their consumer base by introducing labels with new and advanced materials.
The players are indulging in these collaborations to expand their influence across untapped regions.
Recent Development Identified in the Automotive Labels Market:
Some Biggies Revolutionizing the Market are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.3% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
| Customization | Available Upon Request |
The projected revenue of the market by 2033 is US$ 11,584.7 million.
The market CAGR for 2033 is projected to be 4.3%.
The market is valued at US$ 7,603.99 million in 2023.
North America holds the largest market share.
The increasing complexity of automotive labels is a challenge for the automotive label market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material Type, 2023 to 2033
5.3.1. Polyethylene (PE)
5.3.2. Polyethylene terephthalate (PET)
5.3.3. Acrylonitrile butadiene styrene (ABS)
5.3.4. Polypropylene (PP)
5.3.5. Polyvinyl chloride (PVC)
5.3.6. Polycarbonate (PC)
5.3.7. Others
5.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Mechanism
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Mechanism, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Mechanism, 2023 to 2033
6.3.1. Glue applied labels
6.3.2. Pressure-sensitive labels
6.3.3. Heat transfer labels
6.3.4. In-mold labels
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By Mechanism, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Mechanism, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Engine components
7.3.2. Interior
7.3.3. Exterior
7.3.4. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Material Type
9.2.3. By Mechanism
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material Type
9.3.3. By Mechanism
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Material Type
10.2.3. By Mechanism
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material Type
10.3.3. By Mechanism
10.3.4. By Application
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Material Type
11.2.3. By Mechanism
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material Type
11.3.3. By Mechanism
11.3.4. By Application
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Material Type
12.2.3. By Mechanism
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material Type
12.3.3. By Mechanism
12.3.4. By Application
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Material Type
13.2.3. By Mechanism
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material Type
13.3.3. By Mechanism
13.3.4. By Application
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Material Type
14.2.3. By Mechanism
14.2.4. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material Type
14.3.3. By Mechanism
14.3.4. By Application
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Material Type
15.2.3. By Mechanism
15.2.4. By Application
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material Type
15.3.3. By Mechanism
15.3.4. By Application
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. U.S.
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Material Type
16.1.2.2. By Mechanism
16.1.2.3. By Application
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Material Type
16.2.2.2. By Mechanism
16.2.2.3. By Application
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Material Type
16.3.2.2. By Mechanism
16.3.2.3. By Application
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Material Type
16.4.2.2. By Mechanism
16.4.2.3. By Application
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Material Type
16.5.2.2. By Mechanism
16.5.2.3. By Application
16.6. U.K.
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Material Type
16.6.2.2. By Mechanism
16.6.2.3. By Application
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Material Type
16.7.2.2. By Mechanism
16.7.2.3. By Application
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Material Type
16.8.2.2. By Mechanism
16.8.2.3. By Application
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Material Type
16.9.2.2. By Mechanism
16.9.2.3. By Application
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Material Type
16.10.2.2. By Mechanism
16.10.2.3. By Application
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Material Type
16.11.2.2. By Mechanism
16.11.2.3. By Application
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Material Type
16.12.2.2. By Mechanism
16.12.2.3. By Application
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Material Type
16.13.2.2. By Mechanism
16.13.2.3. By Application
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Material Type
16.14.2.2. By Mechanism
16.14.2.3. By Application
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Material Type
16.15.2.2. By Mechanism
16.15.2.3. By Application
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Material Type
16.16.2.2. By Mechanism
16.16.2.3. By Application
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Material Type
16.17.2.2. By Mechanism
16.17.2.3. By Application
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Material Type
16.18.2.2. By Mechanism
16.18.2.3. By Application
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Material Type
16.19.2.2. By Mechanism
16.19.2.3. By Application
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Material Type
16.20.2.2. By Mechanism
16.20.2.3. By Application
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Material Type
16.21.2.2. By Mechanism
16.21.2.3. By Application
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By Material Type
16.22.2.2. By Mechanism
16.22.2.3. By Application
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By Material Type
16.23.2.2. By Mechanism
16.23.2.3. By Application
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Material Type
17.3.3. By Mechanism
17.3.4. By Application
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. 3M
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Adhesive Research, Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. AVERY DENNISON CORPORATION
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. CCL Industries
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Dunmore
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. H.B. Fuller Company
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Imagetek Labels
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Lewis Label Products Corporation
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Sika AG
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. UPM Raflatac
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Automotive Label Market
