The Laminated Labels Global Market Report 2023, provides comprehensive information on the laminated labels market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global laminated labels market size is expected to grow from $76.95 billion in 2022 to $82.34 billion in 2023 at a compound annual growth rate (CAGR) of 7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global laminated labels market size is expected to reach $103.53 billion in 2027 at a CAGR of 5.9%.
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Technological advancements are a key trend gaining popularity in the laminated label market. Companies operating in the laminated label market are adopting new technologies to sustain their position in the market. For instance, in September 2020, Cosmo Films Ltd., an India-based producer of films used for packaging, lamination and labelling, launched a novel BOPP-based clear thermal lamination antimicrobial film. The antimicrobial technology employed in this film offers a brand-new strategy for avoiding microbial colonization on the surface, which addresses the rapidly spreading issue of bacterial infections on packaged goods worldwide. The film has a low-temperature, melting resin extrusion-coated surface, making it simple to apply heat and pressure to laminate the film to paper products. All labels, flexible packaging options, and synthetic paper can easily use this technology because it is secure, reasonably priced, and easy to do. The film fiber has a maximum lamination temperature of 100–129 degrees C. and a great tear bond strength to paper.
The laminated labels market is segmented:
1) By Material Type: Polyester, Polypropylene, Vinyl, Other Materials
2) By Composition: Adhesive, Facestock, Release Liner, Other Compositions
3) By Form: Rolls, sheets
4) By Printing Technology: Digital, Flexographic, Lithography
5) By Application: Food and Beverage, Consumer Durables, Home and Personal Care, Pharmaceuticals, Retail Labels, Other Applications
Asia-Pacific was the largest region in the laminated labels market in 2022.
The table of contents in TBRC’s laminated labels market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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