Global Linerless Labels Market Size, share, Growth, Future Scope, Analysis by Composition (facestock, Adhesives, and Topcoat), Printing Ink (Water-based Inks, UV-curable Inks, Solvent-based Inks, and Hot Melt-based Inks), Printing Technology, Application, and Region – Forecast 2023
Linerless Labels Market Scenario
Linerless labels are pressure sensitive, which makes them best suitable for direct thermal labels, wrap-around labels, and prime labels. These advantageous labels give nearly 30% – 40% more labels per roll without any liner wastage; result in reduced carbon emission due to lesser waste disposal, and offer savings in storage space and transportation costs. Linerless labels are extensively used in a number of labeling applications, including price markdown tags, RFID, and barcode technologies.
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Acknowledging the brisk growth, the market is observing at present, Market Research Future (MRFR) in its recently published analysis asserts that the global linerless labels market would grow at a moderate 4.6% CAGR throughout the forecast period (2017 to 2023). The market is further expected to see increasing traction in the years to come.
Players leading the global linerless labels market include
- Coveris Holdings S.A. (US)
- 3M Company (US)
- Avery Dennison Corporation (US)
- Constantia Flexible Group GMBH (Austria)
- CCL Industries Inc. (Canada)
- RR Donnelley & Sons Company (US)
- Hub Labels (US)
- Gipako (Europe)
- Cenveo Corporation (US)
- General Data Company Inc. (US)
- Reflex Labels (UK)
- Skanem AS (Norway)
- NSD Labelling Group (UK)
- NAStar, Inc. (US)
- Raveenwood Packaging (UK) among others.
Global Linerless Labels Market – Segments
For a better understanding, the market has been segmented into five key dynamics: –
By Composition : Face-stock, Adhesives, and Topcoat.
By Printing Ink : Water-based Inks, UV-curable Inks, Solvent-based Inks, and Hot Melt-based Inks, among others.
By Printing Technology : Digital Printing, Flexographic Printing, Lithography Printing, and Offset Printing, among others.
By Application : Food & Beverages, Consumer Durables, Pharmaceuticals, Retail, and Personal Care, among others.
By Regions : Asia Pacific, Europe, North America, and the Rest-of-the-World.
Linerless Labels Market – Regional Analysis
The Asia Pacific region heads the global linerless labels market. Increasing incidences of theft in the retail industry are creating a hefty demand for these labels. Growing industrial activities is also a major reason for the growth of the regional market. Increasing the purchasing power of the consumers, along with changing lifestyle, is creating enormous opportunities in the regional market.
Among significantly contributing countries such as China, India, Thailand, and Japan, China is positioned as the largest market in the region due to the high demand from the consumer goods industry.
Linerless labels markets in the North American and European region are too growing significantly. Factors such as the high demand for packaged foods & beverages and the burgeoning pharmaceutical industry are encouraging the uptake of the linerless labels in its various applications.
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Linerless Labels Market – Competitive Analysis
Highly competitive, the linerless labels market appears to be fragmented due to the presence of numerous large and small-scale players. Key strategic initiatives traced from the recent developments of key players include agreement & partnership, product launch, acquisition, and expansion. Companies invest substantially for innovations, new product development, and brand building and the required R&D activities to achieve these goals. To support their competitive position, these players foster strong relationships with their clients.
Always looking for a competitive advantage, manufacturers operating in the Linerless Labels market apply the adhesion science and technologies to develop competing products. They strive to provide high-quality products based on innovative technology that can improve their clients business to achieve their ROI targets.
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