In 2022, the market for freezer labels is expected to grow to a value of US$ 2.0 billion. It is predicted to continue growing at a CAGR of 5.5% from 2022 to 2032, reaching US$ 3.4 billion by the end of that year. Box sales by product category are anticipated to increase, with the top 3 nations likely to control between 20 and 25 percent of the market by the end of 2022.
The freezer label market has proven its mettle by consistently defying economic uncertainties, market fluctuations, and evolving consumer preferences. This enigmatic industry stands as a testament to adaptability, innovation, and resilience, encapsulating its core attributes.
The freezer label market’s remarkable trajectory is underpinned by several key factors, including the surging demand for frozen and packaged food products, transformative advancements in labeling technologies, and an ever-growing focus on sustainability. As we delve deeper into this fascinating landscape, we uncover the drivers and dynamics that fuel its unwavering progress.
This exploration is more than just a study; it’s a call to action. The freezer label market beckons businesses, investors, and professionals to not merely observe but to participate actively in its promising growth story.
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Top Trends Pushing Sales of Freezer Labels across the Globe:
While the specific trends in the freezer labels market may evolve over time, several key factors tend to drive sales of freezer labels across the globe. As of my last update in September 2021, here are some trends that were likely to push sales of freezer labels:
- Demand for Frozen Foods: The global frozen food market was experiencing steady growth, driven by busy lifestyles and the convenience of frozen meals. As a result, the demand for freezer labels for packaging these products was on the rise.
- Sustainability: Eco-friendly and sustainable packaging solutions were gaining traction worldwide. Freezer labels made from recyclable materials and featuring sustainable printing practices were becoming more popular among environmentally conscious consumers.
- Food Safety Regulations: Stringent food safety regulations in various countries required clear and accurate labeling of frozen food products. This drove the need for high-quality freezer labels that met compliance standards.
- Customization and Branding: Brands were increasingly using freezer labels as a tool for differentiation and branding. Customized labels with eye-catching designs and unique messaging helped products stand out on store shelves.
- Digital Printing Technology: Advances in digital printing technology allowed for high-quality and cost-effective label production. This made it easier for manufacturers to create custom labels and respond quickly to market demands.
- Smart Labels and Traceability: The integration of smart labels, such as RFID and QR codes, was enhancing traceability and supply chain management. These labels provided consumers with access to product information and improved transparency.
- Health and Nutrition Focus: Consumers were showing a growing interest in health and nutrition, leading to the need for freezer labels that could effectively communicate nutritional information, dietary restrictions.
Key Companies Profiled :
- HERMA Labels
- AVERY Dennison Corporation
- Label Specialties
- GA INTERNATIONAL
- LABELNET
- CCL Industries Inc.
- Trion Industries, Inc.
- Tailored Label Products Inc.
- Nadco Tapes and Labels, Inc.
- Innovate Graphics
- UltraTape
- Guardian Packaging and Supply
- Compliance Labelling Solution
- A M Labels
- MD Labels
- MHS ECOFRIENDLY LTD
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Freezer Label Market Outlook by Category:
By Substrate:
- Paper
- Films
- Foil
By Adhesive Type:
- Hot-melt
- Water-Based
- Acrylic
By Application:
- Food & Beverage
- Cosmetics
- Pharmaceutical
- Manufacturing
- Transportation
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa (MEA)
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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