The global pre-gummed labels market is anticipated to accumulate a market value of USD 32.2 billion in 2023 and is expected to garner a valuation of USD 51 billion by exhibiting a CAGR of 4.7% in the forecast period 2023 to 2033. The market for pre-gummed labels reflected growth with a 3.9% CAGR in the historical period 2018 to 2022.
Pre-gummed labels are known to enhance the aesthetic features of food and beverage packaging brands. Labeling and packaging play an important role in the sale of products, as they help to attract consumers' attention. They are primarily used by marketers to encourage potential consumers to purchase the product.
Labels provide information about the usage, transport, recycling, and/or disposal of the package or product. These features are expected to fuel the product demand in the coming years. These labels provide product and ingredient information and cautionary notifications in the food and beverage sector. Self-adhesive label manufacturers need to take care of the legal requirements put in place to ensure that the adhesive does not affect the quality of food ingredients.
Also, the expansion of retail marketing and the presence of digital platforms for the support of the retailers, and the convenient packaging materials are some of the other factors responsible for inducing growth in the market. On the other hand, with technological advancements and its integration into the packaging industry at large, the labels market is also transforming itself and with this transition, new market opportunities are being presented which will help the market to grow.
For example, the growing popularity of RFID technology in the label industry is giving a positive push to the market. This technology eliminates human errors and cuts employment costs, works without human intervention, and reads a long range of information. RFID labels are also less sensitive to negative conditions. Also, these technologically improved labels allow direct package-to-smartphone communication which is further expected to augment market growth.
Besides this, the manufacturers and the vendors are minimizing the industrial processes involved in pre-gum label manufacturing. Previously, the rolls or sheets were produced and then given to the printing industry to print the product information which consumed a lot of time and energy.
But now, the advancements in technology and the developments in machinery have potentially incorporated both processes in one place efficiently. This is resulting in an increased margin level for the clients. Such kind of advancements is creating lucrative opportunities for the overall growth of the market. The flourishing growth in the e-commerce sector, rising number of manufacturing industries, and the growing sales rate with the help of e-commerce sectors are some of the other key market drivers, propelling product sales.
Region-wise, Asia-Pacific is expected to dominate the market by withholding 38% market share by end of the projection period. With the flourishing packaging and healthcare industries in countries like India, China Japan, and South Korea, the consumption of gummed labels is increasing in the region.
In the Asia Pacific, China is the biggest center for electronics production. Electronic products, like smartphones, TVs, and other personal electronic devices, registered highest growth in the electronics segment. The country serves the domestic demand for electronics and exports electronic products to other countries. With the growing disposable incomes of the middle-class population, the demand for electronic products is expected to increase. Thus, the increased demand for electronic products will grow side by side with the pre-gummed labels market during the forecast period.
North America is expected to show significant growth with a CAGR of 4.5% due to a robust manufacturing base. Growing e-commerce sector in the United States is propelling the demand for adhesive labels that are used for packaging. Furthermore, growing disposable income is also anticipated to drive the demand for consumer goods which shall spur growth in the market.
There has been a significant rise in demand for consumables, ready-to-eat food, packaged food, and beverages due to fast-paced life of the working population. High demand for removable adhesive labels from end-use industries like food and beverages, e-commerce, packaging, pharmaceuticals, and others will foster market progress in the region.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | USD 32.2 billion |
Projected Market Value in 2033 | USD 51 billion |
Growth Rate (2023 to 2033) | 4.7% CAGR |
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Recent developments and breakthroughs in technology, mergers, acquisitions, tie-ups, and partnerships within the companies involved in manufacturing pre-gummed labels are expected to create lucrative opportunities for market growth during the forecast period.
A pre-gummed label is a piece of paper or other material which is already glued while manufacturing, that may give the information about the object it is attached to when printed which is an informative element for both, packaging as well as the product. Pre-gummed labels are produced using an advanced type of basic material and advanced tools.
These labels are produced with extreme excellence coupled with high standards of superiority. The pre-gummed labels are predominantly used to notice down the important contents and information such as barcode, RFID, product description, tracking code, and authentication coding for the product. They are also used for enhancing the decoration part on the label which can then be used to gain attention and thereby attract customers.
Pre-gummed labels are made up of three different layers, a layer of adhesive, release liner, and the face material. Pre-gummed labels impart various benefits when considering the packaging and labeling of the product, like they are easy to use, manufactured using accurate dimensions, and have an excellent finishing giving out sharp and precise edges.
All these factors are further expected to benefit into increasing the growth of pre-gummed labels consumption to new highs.
In today’s world, linerless labeling systems are receiving huge popularity as they successfully eradicate the need for non-recyclable release liners and also help in reducing the costs.IT trends of digitization and modernization can also fuel market growth.
RFID technology is expected to grow the market at a higher pace.Also, many retail industries are now going digitally or on the online/e-commerce platform to increase their sales by promoting their products, which in turn is setting a trend for the pre-gummed labels market for the instant packaging, labeling, and shipping of the product. An e-commerce platform is used by many industries like, manufacturers, suppliers, and others, which significantly boost the demand for the pre-gummed labels.
Nowadays, the use of sustainable materials as a result of public concern over the disposal of waste packaging and labeling is gaining huge attention in the labeling industry. The rise in the initiatives taken of using recycled paper, plastics, and bioplastics is also setting a trend to the pre-gummed labels market.
Pre-gummed labels are already or in-advanced attached by the manufacturer of the product with the help of the technological advancement in the packaging industry.It employs the use of the equipment and different types of machinery to avoid the manual process of labeling which in turn results in time-saving and also improvement in adds more value to the label features or characteristics, like accurate size (dimensions) and shapes and the sharp edges.
Also, at a time pre-gummed labeling process can handle many products or packaging boxes to be labeled as compared to the manual gumming process of labels, thereby looking towards the improvements or advancements in the product as a label and process, it is anticipated to grow the pre-gummed labels market to great extent.
In recent times, the automation process in the majority of industries is the major trend that is uplifting the pre-gummed labels market which in turn is favorable in saving time in product packaging and labeling. High growth in the transportation and logistics/supply chain is expected to raise the market growth for the pre-gummed labels.
Furthermore, the regulation regarding the labeling industry has become more stringent in recent years which is very important for the businesses that operate in the labeling industry to work with a proper label management system that ensures to maintain of a validated and compliant labeling solution. Customization in the labeling requirements can also add to the market expansion.
Demand and growth in flexible packaging are also catering to the market on the positive side. Pre-gummed labels nowadays are majorly used on many products in food and beverages, industrial, healthcare, and many more. The majority of the labeling industries aim to achieve the best quality labels over their product in terms of appearance and quality aspects which again in turn are expected to positively grow the market.
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The cost of the pre-gummed label is quite high as compared to the traditional label, which may cause a barrier to the growth of the market.
Lack of awareness about various types of labeling techniques can also impact the pre-gummed label market. Countries devoid of the latest technology with the unavailability of equipment/types of machinery can be a challenge to the pre-gummed labeling market. Also, increased cost for labeling using automation technology can act as a barrier towards the growth of the pre-gummed label market.
So, unawareness of the trends in the labeling industry, devoid of the latest technology in the labeling industry and increased cost for the pre-gummed label production can hinder the market restraining its growth.
Technology advancements, product development, growth and expansion of the industrial sector, and acquisitions are some of the strategies fueling the market share for the pre-gummed label market.
The Asia-Pacific region is expected to witness growth in the forecast period with rapid and continuous growth in the retail (e-commerce) industry with the growing demand for packaging with the use of pre-gummed labels. Furthermore, an increase in the per capita income, changing lifestyle, rising consumption of packed products, and industrialization are expected to create massive opportunities for growth in the pre-gummed market.
Also, continuous developments and upgradations in the technology in packaging industry is expectedto gain huge demand for the pre-gummed labels market.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Based On The Material 6.2. Based On The Composition Type 6.3. Based On The Product Type 6.4. Based On The Nature Type 6.5. Based On The End-Use 7. Global Market Analysis and Forecast, By Based On The Material 7.1. Paper 7.2. Plastic 8. Global Market Analysis and Forecast, By Based On The Composition Type 8.1. Release liner 8.2. Adhesive layer 8.3. Face stock 9. Global Market Analysis and Forecast, By Based On The Product Type 9.1. Linerless 9.2. Release layer 10. Global Market Analysis and Forecast, By Based On The Nature Type 10.1. Removable 10.2. Permanent 10.3. Repositionable 11. Global Market Analysis and Forecast, By Based On The End-Use 11.1. Food & Beverages 11.2. Pharmaceuticals 11.3. Home & Personal Care 11.4. Others 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. South Asia 12.5. East Asia 12.6. Oceania 12.7. Middle East & Africa 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Europe Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. Oceania Sales Analysis and Forecast, by Key Segments and Countries 19. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 20. Sales Forecast by Based On The Material, Based On The Composition Type, Based On The Product Type, Based On The Nature Type, and Based On The End-Use for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. Americk Packaging Group 22.2. Constantia Flexibles Group Gmbh 22.3. SVS Labels 22.4. CCL Industries Inc. 22.5. H.B. Fuller Company 22.6. Muroll GmbH 22.7. Royston Labels Ltd. 22.8. UPM-Kymmene Oyj 22.9. Henkel AG & Co. 22.10. Mondi Group 22.11. S&K LABEL CCL Industries Inc. 22.12. Avery Dennison Corporation 22.13. Multi-Color Corporation 22.14. Coveris Holdings S.A 22.17. Huhtamaki OYJ
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