The Business Research Company’s report on the Pharmaceutical Label Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the pharmaceutical label industry?
The increasing launch of pharmaceutical drugs is expected to propel the growth of the pharmaceutical label market going forward. The high prevalence of diseases and enhanced consumption of pharmaceutical drugs create demand for pharmaceutical labels. The pharmaceutical label helps in the understanding of important information about drugs. For instance, according to a report, The Global Use of Medicines 2022 published by IQVIA, a US-based provider of biopharmaceutical development and commercial outsourcing services, about 300 new drugs will be launched by 2026, an increase from the past decade. Therefore, the enhanced consumption of pharmaceutical drugs is driving the pharmaceutical label market.
Access Your Free Sample of the Global Pharmaceutical Label Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10097&type=smp
What is the estimated market size of the pharmaceutical label sector by 2029, based on current forecasts?
The pharmaceutical label market size has grown strongly in recent years. It will grow from$6.76 billion in 2024 to $7.24 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to stringent regulatory requirements, increasing pharmaceutical production, rise in counterfeiting concerns, growing emphasis on patient safety, and globalization of pharmaceutical supply chains
The pharmaceutical label market size is expected to see strong growth in the next few years. It will grow to “$10.17 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to the growing use of smart labels, rising adoption of sustainable labeling solutions, increased focus on patient-centric packaging, demand for tamper-evident labels, expansion of personalized medicine, and integration of track-and-trace systems. Major trends in the forecast period include smart packaging and track-and-trace solutions, tamper-evident and anti-counterfeiting features, personalized and variable data printing, compliance with regulatory standards, sustainability, and eco-friendly labeling.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=10097&type=smp
Who are the top players in the pharmaceutical label market?
Major companies operating in the pharmaceutical label market include CCL Industries Inc., Essentra plc, Avery Dennison Corporation, Multi-Color Corporation, SATO Holding Corporation, Consolidated Label Co., Bemis Manufacturing Company, LINTEC Corporation, Advanced Labels, Edwards Label Inc., Clabro Label Inc, Classic Labels PG, MaverickLabel.Com Inc., Metro Label, Schreiner Group, WS Packaging Group Inc., Amcor Limited, Gerresheimer AG, Berry Global Inc., Constantia Flexibles Group GmbH, Huhtamaki Oyj, Inland Label & Marketing Services LLC, MPI Label Systems Inc., Resource Label Group LLC, Smyth Companies LLC, The Kennedy Group Inc., Weber Packaging Solutions Inc., Walle Corporation, Coast Label Company
What are the major trends in the pharmaceutical label market?
Product innovations are the key trends gaining popularity in the pharmaceutical label market. Companies operating in the pharmaceutical label market are adopting innovative products to sustain their position in the market. For instance, in October 2022, Schreiner Group, a Germany-based healthcare labeling specialist, launched the Pharma-Tac hanger label and Autoinjector-label, sustainable functional labels. They are uniquely designed with film materials that are recycled or produced from renewable raw materials with removable documentation parts and anti-slip functionality. To demonstrate the performance of sustainable materials the labels went under a series of extensive tests like load and gravitational trials and testing for adhesion and ink adhesion.
Which geography holds the highest pharmaceutical label market share?
North America was the largest region in the pharmaceutical label market in 2024. The regions covered in the pharmaceutical label market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/pharmaceutical-label-global-market-report
How do different segments contribute to the overall expansion of the pharmaceutical label market?
The pharmaceutical label market covered in this report is segmented –
1) By Type: Pressure-Sensitive Label, Glue-Applied Label, Sleeve Label, In-Mold Label, Other Types
2) By Material: Paper, Polymer Film, Other Materials
3) By Application: Instructional Label, Decorative Label, Functional Label, Promotional Label, Other Applications
4) By End Use: Bottles, Blister Packs, Parenteral Containers, Pre-Fillable Syringes, Pre-Fillable Inhalers, Pouches, Other End Uses
Subsegments:
1) By Pressure-Sensitive Label: Paper Pressure-Sensitive Labels, Film Pressure-Sensitive Labels, Custom Pressure-Sensitive Labels
2) By Glue-Applied Label: Wet Glue Labels, Dry Glue Labels, Custom Glue-Applied Labels
3) By Sleeve Label: Shrink Sleeve Labels, Stretch Sleeve Labels, Tamper-Evident Sleeve Labels
4) By In-Mold Label: In-Mold Labels For Rigid Containers, In-Mold Labels For Flexible Containers
5) By Other Types: Thermal Transfer Labels, Direct Thermal Labels, RFID Labels
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10097
How is the pharmaceutical label market defined?
The pharmaceutical label is written or printed information attached to a medication or drug product that provides important information about the drug such as expiration dates, usage instructions, and ingredient lists.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
