SEAL PAPER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)
Seal Paper Market, By Material Type (Release Liner, Linerless, Direct Thermal, Thermal Transfer, and Others), By Product Type (Labels, Tapes, and Others), By Printing Technology (Flexography, Digital Printing, Gravure, and Others), By Application (Food & Beverage, Pharmaceuticals, Transit, Logistics, and Others), By Adhesive Type (Acrylic, Rubber, Silicone, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
In March 2022, UPM Raflatac announced the launch of RAFNXT+ range of sustainable labeling solutions made with recycled and recyclable materials. The new range aims to support circular economy with improved recycling and waste reduction.
In January 2021, Avery Dennison launched a new range of label products suitable for reuse and recycling applications. The polypropylene label materials enable easy separation during the recycling process .
In October 2020, 3M announced the launch of 3M Envision Print Wrap Film 1080 series, a new sustainable printing media for fleet and vehicle applications. The films enable installation without heat or tools. 3M Company, originally known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. The company produces a wide range of products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, and medical products. 3M is also involved in the manufacturing of industrial, safety, and consumer products. The company is known for its diversified technology and its commitment to innovation and sustainability
Acquisition and partnerships
In January 2022, Avery Dennison acquired Vestcom, a provider of shelf-edge pricing, promotions and labeling capabilities to retailers. The US$ 1.45 Bn acquisition enhances Avery Dennison's retail branding and analytics offerings. Vestcom is a leading provider of technology-driven shelf-edge media solutions for retailers and consumer packaged goods (CPGs) , Their data-integrated media solutions engage shoppers at the point of decision, transforming the shelf-edge into a powerful and profitable marketing tool
In August 2021, UPM Raflatac partnered with PragmatIC to develop ultra-thin flexible electronics labels using PragmatIC's connectivity technology. The smart labels can be used for product authentication and supply chain tracking.
In March 2021, CCL Industries acquired Slovenia-based, Eti-Textil, a pressure-sensitive label producer focused on wines, spirits and pharmaceuticals. The acquisition expands CCL Industries’ labeling capabilities in Eastern Europe.