The water dissolvable labels market is expected to grow at a 5% CAGR during the forecast period, rising from US$ 101.94 Bn in 2022 to US$ 166.04 Bn by 2032. Water dissolvable labels are environmentally friendly and can dissolve instantaneously in water or gradually biodegrade depending on the amount of water or moisture exposure.
Water dissolvable labels are becoming increasingly popular due to their numerous environmental benefits. Water dissolvable labels are becoming more popular since they are constructed of sodium carboxy methylcellulose and wood pulp, have a paper-like quality, and come in a variety of thicknesses. Customized coatings can help meet the growing demand for water dissolvable labels.
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How is the Competitive Landscape in the Water Dissolvable Labels Market?
Key players in global water dissolvable labels market include
- Stranco,
- Brady Worldwide Inc.,
- Avantar,
- Shenzhen Mibils Precision Co.,Ltd,
- GA International Labtag,
- River Labels & Labeling Ltd.,
- 3 Sigma.
Recent Developments
- Multi-Color Corporation will buy the Hexagon Label Group in Australia and New Zealand in October 2021. This acquisition seeks to expand the company’s footprint and offerings to ANZ consumers in Adelaide, Brisbane, Griffith, Melbourne, Perth, Sydney, Auckland, and Christchurch.
- Lintec purchased the whole stock of Duramark, a manufacturer and distributor of various adhesive products, in April 2021. The acquisition offers Mactac with immediate access to production equipment that it requires to boost the capacity of its key products, adhesive sheets and films for labels.
- CCL Industries Inc. bought InTouch Labels and Packaging Co., Inc. (InTouch) in July 2020, near Boston, Massachusetts. Avery’s direct-to-consumer activities now include InTouch, a specialised short-run digital label converter.
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What are the Growth Propellers to the Water Dissolvable Labels Market Share?
Water dissolvable pressure-sensitive labels give restaurateurs more choice when it comes to food rotation labels. The reason behind the rising sales of water dissolvable labels is their ease of use. For example, its easy to remove labels from food containers in restaurants, saving time.
Water dissolvable labels minimize the need for extra time spent scrubbing labels and increase the speed of operations. During the forecast period, the eco-friendliness of water dissolvable labels drives the global water dissolvable labels market.
The growing availability of food services in both developed and developing countries promotes the demand for water dissolvable labels as food rotation labels.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
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