The self-laminating tags market is expected to register a CAGR of 4.8% during the forecast period, up from USD 90.95 Billion in 2022 to reach a valuation of USD 145.35 Billion by 2032.
Attributes | Details |
---|---|
Self-Laminating Tags Market Value (2022) | USD 90.95 Billion |
Self-Laminating Tags Market Projected Value (2032) | USD 145.35 Billion |
Self-Laminating Tags Market CAGR (2022-2032) | 4.8% |
The sales of self-laminating tags is expected to develop significantly between 2022 and 2032, owing to increased usage of these tags in various applications, ease of application, and high durability.
Users merely need to create the content and have the ease of creating their own text that is moisture and weather-resistant without the requirement for a special laminator. This is further anticipated to increase the demand for self-laminating tags during the projected time.
The sales of self-laminating tags are also rising due to their final usage of the goods, the tags are available in a variety of sizes, colors, and functionalities. Demand for self-laminating tags is anticipated to grow as these tags may be utilized with pencils, pens, or automated systems, making them a popular choice in industries that require continual usage, such as chemicals, construction, and other manufacturing operations. These factors are anticipated to contribute to the overall self-laminating tags market share.
Recently, the growing demand for self-laminating tags in industrial applications ensures that the imprint remains readable and the label remains undamaged for a longer period than non-laminated tags. Growing consumer product demand and growth in sales of self-laminating tags in the logistics industry are the primary drivers of the global self-laminating tags market share.
Furthermore, rising manufacturing activities are expected to fuel the observed expansion in the global self-laminating tags market share. Furthermore, factors such as rising demand for self-laminating tags, manufactured goods, and an increase in global disposable income may raise self-laminating tags market growth prospects during the projected period.
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The global self-laminating tags market is anticipated to grow during the forecast period as they are perfect for safety messages or operating instructions because they can be printed or written with valuable information.
Self-laminating tags safeguard the personalized tags by adding an extra layer of protection which is further projected to grow the sales of self-laminating tags.
The demand for self-laminating tags is rising as their laminating layer keeps the text from becoming smudged or smeared in tough situations. Other factors propelling the sales of self-laminating tags include the display of personalized information, barcodes, logos, and so on.
Self-laminating tags are constructed of stiff plastic and provide stability and durability, as well as saving time and labor and being cost-effective. These characteristics are anticipated to be major reasons responsible for the growth of self-laminating tags' market share.
A major factor propelling the growth of self-laminating tags market share as it come in several sizes and colors, making them ideal for colour-coding systems. The polyester laminating layer protects the self-laminating tags from moisture and weather which further boosts the demand for self-laminating tags during the projected period.
The ability to protect against grease, moisture, dirt, and other contaminants is a major reason driving the demand for self-laminating tags. The translucent laminated overlay keeps the message from being obscured.
Throughout the forecast period, the US, France, Italy, and Germany are likely to be mature markets in the global self-laminating tags market due to their developed electronics and automotive industries. The self-laminating tags market is predicted to expand the most in countries such as India, China, and South Korea.
Due to urbanization, India and China's chemical and steel industries are quickly expanding. The self-laminating tags market in GCC countries is also likely to pick up steam over the forecast period. As the market for self-laminating tags matures in Europe, Germany, the United Kingdom, Russia, and France are likely to grow at a slower pace than Asian countries.
Key players in global self-laminating tags include Avery Dennison, Brady, LEM Products, Inc., Seton Universal Tag, Inc., Badger Tag & Label Corporation, Stranco.
Recent Developments
Coveris bought 100 percent of the shares of Amberley Adhesive Labels Ltd, a company situated in Dorset, UK, in July 2019. Amberley's acquisition supports the goal of looking forward to a successful development of labelling capabilities and further developing the possibilities of the facility.
L'Oréal and Avery Dennison Collaborated to Reduce Label Waste in July 2018. This programme will assist brands in diverting glassine paper liner (waste from the label application process) from landfills and into recycled products. L'Oréal Australia will redirect over six tonnes of glassine paper liner in Australia into recycled paper for use in the recycled paper sector as part of this programme.
Report Attribute | Details |
---|---|
Growth rate | CAGR of 5% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments covered | Product type, material type, string type, application, region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand |
Country scope | US, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
Key companies profiled | Avery Dennison; Brady; LEM Products, Inc.; Seton Universal Tag, Inc.; Badger Tag & Label Corporation; Stranco. |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The self-laminating tags market is forecasted to register a CAGR of 5% during the forecast period.
Key players holding substantial self-laminating tags market share include Avery Dennison, Brady, LEM Products, Inc., Seton Universal Tag, Inc., Badger Tag & Label Corporation, Stranco.
As per the analysis, the self-laminating tags market share is likely to be USD 145.35 Billion by 2032.
Demand for self-laminating tags is likely to rise owing to increased usage of these tags in various applications, ease of application, and high durability.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast, 2022 to 2032 5. Global Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material 5.1. Plastic 5.2. Paper 5.3. Metal 6. Global Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Thickness 6.1. Up to 10 mm 6.2. 11-30 mm 6.3. Above 30 mm 7. Global Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Distribution Channel 7.1. Online 7.2. Offline 8. Global Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa (MEA) 9. North America Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 14. Oceania Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 15. Middle East & Africa Self-Laminating Tags Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 16. Country wise Self-Laminating Tags Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Brady Corporation 18.2. Uline 18.3. VWR International, LLC 18.4. Badger Tag & Label 18.5. E-SQUARE ALLIANCE PVT.LTD. 18.6. LEM Products, Inc. 18.7. Stranco, Inc. 18.8. Idesco Safety Co., LLC 18.9. EXELPrint 18.10. QCLabels 18.11. Honeywell International 18.12. Avery Products Pty Ltd. 19. Assumptions and Acronyms Used 20. Research Methodology
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