The global market for Label Adhesives was estimated at US$14.3 Billion in 2023 and is projected to reach US$21.5 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Label Adhesives Market - Key Trends and Drivers Summarized
Why Are Label Adhesives Essential in Modern Packaging?
Label adhesives are crucial components in packaging, ensuring that labels stick firmly to various surfaces such as glass, plastic, and paper. As packaging becomes more sophisticated, the demand for high-performance label adhesives has grown, driven by the need for durable and reliable labeling solutions in industries such as food and beverage, pharmaceuticals, logistics, and consumer goods. Label adhesives must offer excellent adhesion, resistance to environmental factors like moisture and temperature changes, and compatibility with different packaging materials. With the rise of smart packaging and labeling technologies, adhesives are also being engineered to work seamlessly with RFID tags, QR codes, and other digital labeling innovations.What Technological Innovations Are Driving the Label Adhesives Market?
Technological advancements in adhesive chemistry are leading to the development of more efficient and eco-friendly label adhesives. Solvent-free adhesives and water-based formulations are becoming popular due to their lower environmental impact and reduced volatile organic compound (VOC) emissions. Hot-melt adhesives, known for their strong bond and quick-setting properties, are increasingly being used in high-speed production lines, especially in food and beverage packaging. Additionally, pressure-sensitive adhesives (PSAs) are gaining traction as they offer flexibility in application and can be used on a wide range of substrates. These innovations are improving the performance and sustainability of label adhesives across industries.How Do Market Segments Define the Growth of Label Adhesives?
Types include water-based adhesives, hot-melt adhesives, and solvent-based adhesives, with water-based adhesives leading the market due to their eco-friendly properties and versatility. Applications span across food and beverage packaging, pharmaceutical labeling, and logistics, with food and beverage representing the largest segment due to stringent labeling regulations and the need for moisture-resistant labels. End-users include manufacturers in the consumer goods, logistics, and pharmaceutical industries, with logistics driving significant growth as e-commerce expands and the need for durable shipping labels increases.What Factors Are Driving the Growth in the Label Adhesives Market?
The growth in the label adhesives market is driven by several factors, including the increasing demand for sustainable and eco-friendly adhesives, the growth of e-commerce and logistics, and advancements in smart labeling technologies. As brands and consumers place greater emphasis on sustainability, manufacturers are shifting toward water-based and solvent-free adhesives that reduce environmental impact. The rapid expansion of the e-commerce sector is also driving demand for high-performance label adhesives, as products require durable labels that can withstand various shipping conditions. Moreover, the rise of smart packaging, which integrates digital technologies like RFID, is fueling the development of specialized adhesives designed to work with these innovations.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Pressure Sensitive Adhesive segment, which is expected to reach US$8.4 Billion by 2030 with a CAGR of a 6.4%. The Glue Applied Adhesive segment is also set to grow at 6.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $3.7 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $4.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Label Adhesives Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Label Adhesives Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Label Adhesives Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Label Adhesives market such as 3M, Akzo Nobel N.V., Ashland Global Holdings Inc., Avery Dennison, Bostik S.A. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 33 companies featured in this Label Adhesives market report include:
- 3M
- Akzo Nobel N.V.
- Ashland Global Holdings Inc.
- Avery Dennison
- Bostik S.A.
- H.B Fuller
- Henkel AG & Co. KGaA
- Herma
- ITL Apparel Label Solution
- Lintec Corporation
- PPG Industries, Inc.
- The Dow Chemical Company
- UPM Raflatac
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 3M
- Akzo Nobel N.V.
- Ashland Global Holdings Inc.
- Avery Dennison
- Bostik S.A.
- H.B Fuller
- Henkel AG & Co. KGaA
- Herma
- ITL Apparel Label Solution
- Lintec Corporation
- PPG Industries, Inc.
- The Dow Chemical Company
- UPM Raflatac
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 14.3 Billion |
Forecasted Market Value ( USD | $ 21.5 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |