PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1574108
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1574108
The Asia Pacific (APAC) print labels market is expected to grow at a CAGR of 7.58%, reaching a market size of US$29.679 billion in 2029 from US$20.599 billion in 2024.
Product labels are required for product identification and to prevent counterfeiting. Labels help create brand identity, image, and awareness. They also convey essential information to customers, such as instructions on how to use ingredients and government licenses. Advancements in technology are helping to create creative and high-quality labels. Print labels have major applications in the cosmetics, food, and healthcare sectors. The print label market is expanding due to the need for efficient and better-performing technologies to produce high-quality products.
The print label market is divided into printing technologies such as inkjet printing, offset, letterpress, flexographic printing, screen printing, gravure printing, and digital printing. Inkjets can be adapted for various purposes and are comparably easy to use. They're ideal for substances having low viscosity plus solubility, like organic semiconductors. Screen printing is popular in making sensors and radio frequency identification (RFID) antennas. It also has multiple advantages over alternative printing methods; these include durability, versatility, speed, and affordability. Gravure printing is applied to transform paper into a viable substrate for printing electronics. The large surface roughness and ink absorption of paper limit the printing of high-performance electronic devices onto paper. Gravure printing has overcome this by providing a local smoothing layer and printing organic thin-film transistors (OTFTs). This exhibits performance on par with the device on a plastic substrate. Offset printing refers to any printing technique that uses a printing plate to transfer an image to an intermediate carrier onto the printed substrate. In contrast, flexographic printing transfers ink from the plate directly to the printed substrate.
Asia Pacific Print Labels Market Geographical Outlook
China is the biggest country by area and number of people in the Asia-Pacific region. The Chinese labels used in printing for domestic and foreign markets will remain dominant due to the increasing demand for food products and pharmaceutical supplies from their local industry. Regarding overall output globally, China remains the leading producer of beverages, medicines, and foods. During this same time frame, things like an increase in the volume of sales from online groceries, better distribution systems, and higher earnings for some families with underdeveloped middle classes will stimulate growth in the country's food manufacturing sector.
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