PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555796
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555796
Glue-applied Labels Market size was valued at USD 17,514.2 Million in 2023, expanding at a CAGR of 7.90% from 2024 to 2032.
Glue-applied labels refer to that segment of the labeling industry whereby the label is attached to a product or packaging with glue. They are normally made out of paper, plastic, and other types of source materials, and they show information such as branding, ingredients, instructions, and barcodes. In applying the labels to this market, a variety of adhesive technologies can be used, such as pressure-sensitive adhesives, water-based adhesives, or solvent-based adhesives. Glue-applied labels are widely utilized across various industries, from the food and beverage, pharmaceutical, and cosmetic to the logistics industry, because their versatility and costliness can fit different surfaces.
Glue-applied Labels Market- Market Dynamics
Growing Replacement of Glass Bottles and Metal Cans with Plastic Bottles
Increasing substitution of glass bottles and metal cans with plastic bottles is consequently driving the growth of the glue-applied labels market. Preferences regarding the lightweight, durability, and low cost of plastic bottles have driven them to be the most adopted type of packaging by manufacturers. As more and more companies shift base to using plastic, there is an increasing demand for adhesive labels that stick well on these types of surfaces. Glue-applied labels represent design flexibility, catering to most shapes and sizes of plastic containers for brand enhancement and the visibility of product information. Besides that, sustainable packaging solutions have stirred innovations in adhesive technologies that have driven the market, as companies continue to act out their desire for adhesive technologies in labeling that appeal to consumer preferences.
Glue-applied Labels Market- Key Insights
Our research analyst estimates that the global market will develop at a CAGR of approximately 7.90% from 2024-2032.
The plastic resin material type segment leads the Glue-applied Labels Market.
According to application segmentation, the Food & Beverage area is the fastest-expanding market for glue-applied labels.
On the basis of region, Asia Pacific was the leading revenue generator in 2023
The Global Glue-applied Labels Market is divided into three segments: material type, application, and region.
The market is divided into two categories based on Material Type: Plastic Resin and Paper. The plastic resin segment leads the Glue-applied Labels Market. This may be mainly attributed to the fact that plastic is a very versatile material and is very light in weight and, at the same time, durable. Plastic bottles and containers are becoming more popular across the food and beverage, cosmetic, and pharmaceutical industries.
The market is divided into six categories based on application: Tracking, Food & Beverage, Pharmaceutical, Home & Personal Care, Logistics, and Semiconductor & Electronics. The Glue-applied Labels market is growing at the most rapid pace from the Food & Beverage segment. With the rise in consumer demand, one may be inclined to packaged food and beverages, which would be enforcing manufacturers to seek the best labeling solution that effectively adheres to the much-needed information about the ingredients, facts, and branding. Gaining substantial popularity in this sector is glue-applied with versatile character in sticking to packaging materials, including plastic and glass.
Glue-applied Labels Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The Asia Pacific Glue-applied Labels Market currently dominates due to the region having the largest growing population and urbanization, thereby inducing the region's need for packaged goods emanating from different industries, food and beverage, pharmaceuticals, and personal care. This has, in turn, opened gates for increased package requirements, nurturing the demand for overall labeling solutions.
With North America having a very strong food and beverages sector, the region continues to remain the fastest-growing area in the Glue-applied Labels Market. It similarly creates a demand for innovative and efficient labeling solutions that will help meet regulatory standards while improving brand appearance. The overarching trend toward packaged and convenience foods will, in turn, continue to push the need for glue-applied labels.
A combination of established players and upcoming companies constitutes the Glue-applied Labels Market. Some key players are the 3M Company, Paper Excellence B.V., ACTEGA GmbH, Aspasie Inc., Coveris Holdings S.A., and Inland Label & Marketing Services LLC, amongst others. Innovation, product diversification, and sustainability are what key players keep their focus on for gaining a competitive edge. Companies are trying to adapt the consumer preference changes by investing in highly advanced adhesive technologies and environmentally friendly materials. Strategic partnerships and acquisitions are common, where the firms try to reach the customers who previously were out of their grasp. Moreover, customization for labels in either food and beverage or pharmaceutical industries is of great importance in regard to competitiveness.
In October 2022, 3M Company developed new adhesive solutions to improve the durability and performance of glue-applied labels. Their discoveries include moisture-resistant and temperature-stable adhesives, which are especially useful in the food and beverage business, ensuring that labels remain intact under a variety of situations.