Introduction
In the ever-evolving world of product packaging, the Water Dissolvable Labels Market has emerged as a game-changer. These labels offer a unique solution to labeling needs, providing convenience and sustainability. This comprehensive article delves into the realm of water dissolvable labels, discussing their advantages, applications, and the market landscape.
Water Dissolvable Labels Market: Revolutionizing Packaging
Water dissolvable labels, also known as water-soluble labels, have garnered attention for their environmentally friendly and versatile nature. These labels are designed to dissolve completely upon contact with water, leaving no residue behind. They are made from materials that are safe for the environment and pose no harm to consumers. As the demand for sustainable packaging solutions rises, the Water Dissolvable Labels Market has seen substantial growth.
Expecting a growth trajectory, the water dissolvable labels market is poised to record a 5% CAGR throughout the projected period. Starting from its 2022 value of US$ 101.94 billion, the market is projected to elevate its worth to US$ 166.04 billion by 2032.
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Key Takeaways:
- The water dissolvable labels market is projected to grow at a CAGR of 5% during the forecast period.
- The environmentally sustainable nature of water dissolvable labels is driving their demand.
- They reduce labor and time required for label removal, enhance re-identification of reusable objects, and adhere to various materials.
- The food industry is a significant contributor to the sales of water dissolvable labels.
- Water dissolvable labels are versatile, temperature-resistant, and aid in protecting confidential information
What does the competitive scenario look like within the realm of the Water Dissolvable Labels Market?
Key players in global water dissolvable labels market include
- Stranco,
- Brady Worldwide Inc.,
- Avantar,
- Shenzhen Mibils Precision Co.,Ltd,
- GA International Labtag,
- River Labels & Labeling Ltd.,
- 3 Sigma.
Which Region holds the Highest Growth Potential in the Water Dissolvable Labels Market?
- Geographically, the water dissolvable labels market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA). The US & Germany is expected to flourish in the water dissolvable labels market.
- While India & China are expected to witness the maximum growth of water dissolvable labels market share during the forecast period mainly due to the rapid growth in the foodservice industry in developing economies.
- The growing awareness of plastic labels causing harm to the environment and growth trends in dissolvable paper labels drive the demand for water dissolvable labels in these developing nations. GCC Countries and South Africa are also expected to experience above-average growth in the water dissolvable labels market share.
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Recent Developments
- Multi-Color Corporation will buy the Hexagon Label Group in Australia and New Zealand in October 2021. This acquisition seeks to expand the company’s footprint and offerings to ANZ consumers in Adelaide, Brisbane, Griffith, Melbourne, Perth, Sydney, Auckland, and Christchurch.
- Lintec purchased the whole stock of Duramark, a manufacturer and distributor of various adhesive products, in April 2021. The acquisition offers Mactac with immediate access to production equipment that it requires to boost the capacity of its key products, adhesive sheets and films for labels.
- CCL Industries Inc. bought InTouch Labels and Packaging Co., Inc. (InTouch) in July 2020, near Boston, Massachusetts. Avery’s direct-to-consumer activities now include InTouch, a specialised short-run digital label converter.
Key Benefits for Water Dissolvable Labels Market:
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
- It outlines the current trends and future scenario of the market from 2022 to 2032 to understand the prevailing opportunities and potential investment pockets.
- The profiles of key players along with their key strategic developments are enlisted in the report.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
Applications of Water Dissolvable Labels
The versatility of water dissolvable labels is evident in their wide range of applications:
- Food Industry: From fresh produce to packaged foods, water dissolvable labels are ideal for the food industry. They adhere well to surfaces and dissolve cleanly upon washing.
- Pharmaceuticals: Water dissolvable labels are used for medical and pharmaceutical products, ensuring accurate labeling without the risk of residue contamination.
- Household Cleaning Products: Labels on cleaning products can be challenging to remove. Water dissolvable labels offer a convenient solution, leaving no trace behind.
- Beverage Containers: Water dissolvable labels are a great fit for beverage bottles, as they dissolve effortlessly when the bottle is washed for recycling.
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About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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