The global linerless label market is poised for remarkable growth, with a projected value of US$ 1.9 billion in 2023, surging to US$ 3.0 billion by 2033 at a robust Compound Annual Growth Rate (CAGR) of 4.9%. This surge is fueled by a confluence of factors reshaping the packaging landscape and driving industry innovation.
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Key Market Trends and Highlights:
- Environmental Sustainability: Linerless labels are at the forefront of eco-conscious packaging solutions, reducing waste and minimizing environmental impact. As consumer preferences increasingly lean towards sustainability, linerless labels emerge as a preferred choice for businesses committed to responsible consumption.
- Cost Efficiency: Manufacturers benefit from reduced material and labor costs associated with linerless labels, bolstering profitability and operational efficiency. The streamlined production processes enabled by linerless labeling systems enhance output and competitiveness in the market.
- Versatility Across Industries: Linerless labels find widespread adoption across diverse sectors including food, logistics, and retail, owing to their versatility and adaptability to varying packaging needs.
- Integration with Smart Technology: The integration of linerless labels with smart technologies such as RFID and QR codes opens new avenues for product tracking, authentication, and marketing strategies, enhancing consumer engagement and brand visibility.
Key Drivers of the Linerless Label Market:
- Stringent Labeling Regulations: Increasing regulatory standards drive demand for linerless labels, ensuring compliance with product safety and consumer protection requirements.
- Design Flexibility: Linerless labels offer unparalleled design flexibility, allowing businesses to create visually appealing branding solutions that captivate consumer attention and reinforce brand identity.
- Enhanced Product Shelf Life: Linerless labels can incorporate freshness indicators and expiration date extensions, prolonging product shelf life and enhancing consumer confidence in product quality.
- Technological Advancements: Improved linerless labeling technology minimizes equipment maintenance and downtime, optimizing production efficiency and ensuring uninterrupted workflow.
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Key Trends and Opportunities:
- Sustainability Integration: Aligning packaging materials with sustainability trends demonstrates a commitment to eco-friendliness and responsible consumption, resonating with environmentally-conscious consumers.
- Product Security and Integrity: Plastic liners safeguard products, ensuring their security and integrity within packaging, thereby bolstering trust and quality assurance among consumers.
Key Takeaways:
The consistent growth of the logistics sector across all geographies, coupled with high requirement of linerless labels for inventory management, asset tracking, and goods distribution, is steadily driving the linerless labels market.
- The retail industry is a prominent end user of linerless labels, owing to rising efforts across the world to reduce the incidence of counterfeiting.
- North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food & beverage industries is boosting the growth of the linerless labels market in these regions.
- Digital printing and flexo printing are projected to dominate the global linerless labels market, and hold nearly half of the market share by the end of 2029.
Key Companies Profiled
- RR Donnelley & Sons Company
- Avery Dennison Corp.
- Zebra Technologies Corp.
- SATO Holdings Corporation
- Coveris
- Multi-Color Corporation
- CCL Industries Inc.
- Yupo Corporation
- Ravenwood Packaging
- General Data Company Inc.
- Hub Labels
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Segmentation Analysis:
By Product Type:
- Variable Imaged
- Direct Thermal
By Printing Technology:
- Digital Printing
- Flexo Printing
- Offset Printing
- Gravure Printing
- Screen Printing
- Others
By Adhesion:
- Permanent
- Removable
- Repositionable
By End User:
- Retail
- Food & Beverages
- Logistics
- Pharmaceuticals
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
About Future Market Insights (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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