The current valuation of the high gloss labels market amounts to USD 49.53 Billion in the year 2022. It is anticipated to grow at a CAGR of 6.1% from the years 2022 to 2032. It is estimated to reach a valuation of USD 83.03 Billion by the year 2032.
| Attributes | Details |
|---|---|
| High gloss labels market (CAGR) | 6.1% |
| High gloss labels market (2022) | USD 49.53 Billion |
| High gloss labels market (2032) | USD 83.03 Billion |
High gloss labels have a constant demand owing to the increasing awareness among consumers. Its growth rocketed as these labels have uv protection and its gloss laminate together avoids the label ink from spreading. High gloss labels adhere to multiple surfaces such as that glass, metal, plastics and others. These labels provide good heat, moisture, and water resistance, which increases their durability and hence draws consumer attention. High gloss labels find a wide range of applications and are used as product labels, barcode labels and labels which are used on boxes, among others which also has a significant role in the growth.
Market dynamics
The global high gloss labels market growth is attributed to growing industries across the globe. Industries such as food & beverage, confectionary industry, electronics industry, chemical industry, and other such industries are using high gloss labels as a part of their packaging. This factor is expected to drive the global high gloss label market growth over the forecast period.
The increasing use of barcodes in the packaging industry is expected to elevate the global high gloss labels market growth during the forecast period. These labels are available in various adhesive types such as repositionable, reusable or permanent. These high gloss labels provide excellent printability, which helps manufacturers to print product-related information on the surface.
This factor is expected to drive global high gloss label market growth over the forecast period. High gloss labels are abrasion-resistant and water-resistant. This increases their preference among the manufacturers, which in turn drives the growth of the global high gloss labels market over the next decade. The factor which might hamper the global gloss labels market growth is the availability of rather cheaper alternatives such as matte labels and other such labels in the market.
Segments
By label type analysis
The high gloss label can be permanent or removable. On products that are required to be handled with caution, foods and beverages that contain allergic warnings, permanent labels are suitable, whereas, in products related to clothing and external use, removable labels are suitable.
By application
Labels can be used in various products such as food, beverages, pharmaceuticals, electronics, personal care, households etc. the labels used, especially on products such as foods, should contain all the necessary information such as allergic warnings, ingredients used etc. many companies have also designed labels of their own mainly those involved in e-commerce, this also helps in branding.
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Labels have become an important part of market today. They are not just used for storing information related to product but also attract customers and increase product appeal. It has been found that, it takes only seven seconds to create purchase or a drop. High gloss labels are a sub-class of coated labels. High gloss label is a type of label which is economical, and provides smooth and fine printing surface for branding and promotion.
Generally, inkjet and laser printers are used on high gloss labels for printing purposes. Here on high gloss labels, ultra violet coatings and gloss laminates together protect a label’s inks from spreading. Also, these high gloss labels are comparatively cheaper than film and possess equivalent print quality and durability, which increases their preference.
Materials which are used for the production of high gloss labels are polypropylene, paper, and others. High gloss labels adhere to multiple surfaces such as that of glass, metal, plastics and others. These labels provide good heat, moisture, and water resistance, which increases their durability. High gloss labels find a wide range of applications and are used as product labels, barcode labels and labels which are used on boxes, among others.
The global high gloss labels market growth is attributed to growing industries across the globe. Industries such as food & beverage, confectionary industry, electronics industry, chemical industry, and other such industries are using high gloss labels as a part of their packaging. This factor is expected to drive the global high gloss labels market growth over the forecast period.
Increasing use of barcodes in the packaging industry is expected to elevate the global high gloss labels market growth during the forecast period. These labels are available in various adhesive types such as repositionable, reusable or permanent. These high gloss labels provide excellent printability, which helps manufacturers to print product related information on the surface.
This factor is expected to drive global high gloss labels market growth over the forecast period. High gloss labels are abrasion resistant and water resistant. This increases their preference among the manufacturers, which in turn drives the growth of global high gloss labels market over the next decade.
The factors which might hamper the global gloss labels market growth is availability of rather cheaper alternatives such as matte labels and other such labels in the market.
Principal Consultant
North America and Western European region are expected to witness low growth in high gloss labels market over the next decade as these markets are already matured.
APEJ is the fastest growing market for high gloss labels during the forecast period, primarily driven by emerging economies such as India and China, where high gloss labels market is expected to grow due to growth in the consumer packaged goods industries and growing number of supermarkets in the region.
The Eastern Europe and Latin America high gloss labels markets are expected to witness average growth due to increase in manufacturing industries in the region, growing purchasing power, and changing lifestyle. MEA is expected to observe average growth during the next decade. Japan high gloss labels market is expected to witness average growth as the market is saturated and well established.
Key Players
The key players operating in the global high gloss labels market are – Primera Technology Inc., Seiko Epson Corporation, Laser Inkjet Labels, AM Labels Ltd, Blanco Labels, Fast Labels, and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
On the basis of material used, the global high gloss labels market has been segmented as:
On the basis of adhesive type, the global high gloss labels market has been segmented as:
On the basis of application, the global high gloss labels market has been segmented as:
On the basis of end use industry, the global high gloss labels market has been segmented as:
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High Gloss Labels Market
