Pressure Labels MarketSize and Trends
Pressure Labels Market Taxonomy
On the basis of Type, the pressure labels market is segmented into:
- Release Liner Labels
- Linerless Labels
On the basis of Composition, the pressure labels market is segmented into:
On the basis of Printing Technology, the pressure labels market is segmented into:
- Digital Printing
- Flexography
- Lithography
- Screen Printing
- Gravure
- Letterpress
- Offset
On the basis of Mode of application, the pressure labels market is segmented into:
- Water-based Pressure Labels
- Solvent-based Pressure Labels
- Hot Melt-based Pressure Labels
- Radiation-based Pressure Labels
On the basis of end-use industry, the pressure labels market is segmented into:
- Food & Beverages
- Consumer Durables
- Pharmaceuticals
- Home & Personal Care
- Retail
- Others
Depending upon the type of label, the composition changes. Liner pressure labels are of high cost and they require a large amount of storage space.
Pressure Labels Market Outlook
- Asia Pacific is the largest and estimated to be the fastest growing market due to burgeoning growth in the food & beverages and pharmaceutical industry, which has been driven by urbanization in China, India, and Japan. Pressure labels market in the region is expected to grow along with the forecasted demand growth for food, beverages, and pharmaceutical products
- North American and European pressure labels markets are also projected to grow due to the increasing commercialization and industrialization in these regions. Also, significant application of pressure labels in various industries gives it a stronghold
- The Middle East is witnessing burgeoning growth in the construction segment. The countries in this region aim to reduce their dependency on oil revenues and have largely invested in the commercial and residential construction sector. This has transformed countries such as the UAE, Saudi Arabia, and Qatar into luxurious tourism and shopping destinations
- The Latin American market has experienced substantial growth as a result of the swift growth in automotive and construction industries in the region. Emerging markets of Argentina, Brazil, Chile, Colombia, and Mexico drive add to the market growth in the region. Consecutive sporting events in the form of FIFA World Cup 2014 and Olympics 2016 had given the Brazilian economy a boost. Though recently a slowdown has been observed, return to previous growth figures is expected due to rising consumption from the ever increasing population