Throughout the projected period, the water-soluble labels market is anticipated to expand at a 5% CAGR, increasing from US$ 101.94 billion in 2022 to US$ 166.04 billion by 2032. Depending on the amount of water or moisture contact, labels that dissolve in water instantly or gradually biodegrade are environmentally beneficial.
Increasingly more people are using water soluble labels because of all the environmental advantages they provide. Since they are made of sodium carboxy methylcellulose and wood pulp, have a paper-like texture, and available in a range of thicknesses, water soluble labels are growing in popularity. The growing need for dissolve in water labels can be satisfied with customised coatings.
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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.
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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.
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.
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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
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