The Linerless Labels Market is poised for robust growth, projected to experience a 4.9% Compound Annual Growth Rate (CAGR) from 2022 to 2032. According to Future Market Insights (FMI), sales of linerless labels are forecasted to surge from US$ 1.8 billion in 2022 to US$ 2.9 billion by 2032. This acceleration is driven by multiple factors including the transition of leading packaging manufacturers to linerless labels for diverse food formats, cost reduction through the elimination of non-recyclable release coating liners, and the escalating demand for eco-friendly and flexible labeling solutions within the expanding food and beverage packaging industry.
These labels not only contribute to waste reduction and workplace safety by eschewing backing liners but also cater to the surging trend of on-the-go lifestyles and the heightened emphasis on packaged foods’ safety and information transparency. The market’s promising trajectory is further fueled by its integral role in e-commerce, logistics, and consumer decision-making processes.
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key points highlighting the market trends:
- Cost Efficiency: Linerless labels eliminate the need for liners, reducing material costs and waste. This cost efficiency is driving their adoption across industries.
- Eco-Friendly Solution: With a growing focus on sustainability, linerless labels are gaining popularity due to their reduced environmental impact. They contribute to waste reduction and promote a more sustainable packaging process.
- Enhanced Productivity: Linerless labels offer increased efficiency in labeling operations as they eliminate the need for liner removal, resulting in faster application speeds and improved productivity.
- Versatility and Durability: Linerless labels are available in various sizes and formats, making them suitable for different packaging applications. They offer excellent adhesion and durability, ensuring that labels remain intact throughout the product’s lifecycle.
- Growing Retail Industry: The expansion of the retail sector, including food and beverages, pharmaceuticals, and logistics, is driving the demand for linerless labels for efficient and reliable product labeling.
In conclusion, the linerless labels market is witnessing significant growth due to their cost efficiency, eco-friendliness, productivity benefits, versatility, and increasing demand from the retail industry.
Key Takeaways of Linerless Labels Market Study
- Consistent growth of the logistics sector across all geographies, coupled with high requirement of linerless labels for inventory management, asset tracking, and goods distribution, is steadily driving the linerless labels market.
- The retail industry is a prominent end user of linerless labels, owing to rising efforts across the world to reduce the incidence of counterfeiting.
- North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food & beverage industries is boosting the growth of the linerless labels market in these regions.
- Digital printing and flexo printing are projected to dominate the global linerless labels market, and hold nearly half of the market share by the end of 2029.
Competitive Landscape
Liners used in conventional labels cannot be recycled or reused. Reducing industrial waste is one of the major economic and industrial challenges for packaging manufacturers. Additionally, government in several countries introduced stringent guidelines to minimize industrial waste and carbon footprints. Owing to these factors, leading packaging manufacturers are shifting their focus from conventional packaging solutions to sustainable and eco-friendly packaging solutions.
Unlike linered labels, linerless labels do not have liner layer on the back, which reduces expenses on waste disposal and down time for the manufacturing process. Thus, end users are increasing adopting eco-friendly linerless labels. These factors are estimated to accelerate the linerless labels market growth during the upcoming period.
Key Companies Profiled
- RR Donnelley & Sons Company
- Avery Dennison Corp.
- Zebra Technologies Corp.
- SATO Holdings Corporation
- Coveris
- Multi-Color Corporation
- CCL Industries Inc.
- Yupo Corporation
- Ravenwood Packaging
- General Data Company Inc.
- Hub Labels
Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies
Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.
Key Segments Covered in Linerless Labels Industry Research
Linerless Labels Market by Product Type:
- Variable Imaged
- Direct Thermal
Linerless Labels Market by Printing Technology:
- Digital Printing
- Flexo Printing
- Offset Printing
- Gravure Printing
- Screen Printing
- Others
Linerless Labels Market by Adhesion:
- Permanent
- Removable
- Repositionable
Linerless Labels Market by End-user:
- Retail
- Food & Beverages
- Logistics
- Pharmaceuticals
- Others
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What to Expect in Our Report?
(1) A complete section of the Global Linerless Labels market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Linerless Labels market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Linerless Labels market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Linerless Labels market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Global Linerless Labels Market report.
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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