Linerless Labels Market Size, Industry Growth, Share, Opportunities, Emerging Technologies, Competitive Landscape, Future Plans and Global Trends by Forecast 2027
Linerless Labels Market Overview: According to a
comprehensive research report by Market Research Future (MRFR), “Linerless Labels Market Research
Report, Composition, Printing Ink, Printing Technology, Application and Region
- Forecast till 2027” the market is projected to be worth USD 3.8
billion by 2027, registering a CAGR of 4.7% during the forecast period (2021 -
2027), the market was valued at USD 2.41 billion in 2020.
Environmental Statistics Play a Key Role in Linerless
Markets
The global linerless labels market outlook appears extremely
promising. The market demand is continually increasing, led by the overall
growth in fresh produce output gains and its export imports. E-commerce is one
of the fastest-growing sectors, creating a vast need for efficient and reliable
processes and labeling methods. There is a significant demand for flexible, efficient,
and sustainable solutions from e-commerce businesses.
With rising labeling applications, such as price markdown
tags, RFID, and barcode technologies, the market is projected to witness vast
traction in the years to come. In this regard, Market Research Future (MRFR)
asserts that the global linerless labels market is expected to garner
significant gains by 2027, registering an impressive CAGR during the review
period (2020-2027).
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Competitive Analysis
List of the Key Companies Profiled in the Linerless
Labels Market Report are–
- 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)
- Ravenwood
Packaging (UK)
The linerless labels market witnesses several strategic
approaches, such as collaboration, mergers & acquisitions, expansion, and
product/technology launches. Key industry players make strategic investments to
drive research & development activities and expansion plans.
With the rising consumer demand for packaging printing,
manufacturers look for new ways to bring innovative solutions to customers,
improving their practices. With sustainable packaging demand on the rise,
linerless label manufacturers look for new ways always to improve their
practices and bring innovative solutions to our customers.
For instance, recently, on March 11, 2021, Toshiba and UPM
Raflatac announced a European-wide collaboration to develop a linerless print
technology with Toshiba's latest printer and UPM Raflatac's OptiCut label
portfolio. The collaboration brings together technological know-how and
expertise that supports clients by creating sophisticated print applications.
UPM has designed its OptiCut linerless label material range
to meet the strictest efficiency requirements, delivering clean cutting
performance on the printer and excellent adhesion on the package. Together
these companies can provide an excellent printing experience benefitting their
clients.
Browse In-depth Market Research Report (140 pages) on Linerless Labels
https://www.marketresearchfuture.com/reports/linerless-labels-market-1923
Segmentation
The market is segmented into composition, printing Ink,
printing technology, application, regions. The composition segment is
sub-segmented into face stock, adhesives, and topcoat. Among these, the face
stock segment accounts for the largest market share. The printing Ink segment
is sub-segmented into water-based inks, UV-curable Inks, solvent-based inks,
and hot melt-based inks.
The printing technology segment is sub-segmented into
digital printing, flexographic printing, lithography printing, offset printing,
and others. The application segment is sub-segmented into food & beverage,
consumer durables, personal care, pharmaceuticals, retail, and others. The
region segment is sub-segmented into Americas, Europe, Asia Pacific, and
rest-of-the-world.
Vast Demand from Major Industries Drive the Market
Rapidly growing industries like food & beverages and
electronics products and the increasing demand from consumer durables, personal
care, pharmaceuticals, and retail sectors are major linerless labels market
trends. With the more intensive use of higher value packaging types that can
offer convenience, superior performance, and shelf life, the demand for
linerless labels is growing rapidly over recent years.
Volatility in Raw Material Prices and Supply Restrict
the Market Growth
Volatility in prices and the demand-supply gap in raw
materials required for production are major factors impeding the market growth.
Also, stringent regulations on labeling material waste are forecasted to pose
challenges to the growth of the market. Rapidly growing pharmaceuticals and
eCommerce industry would support the market's growth, pushing up the demand in
the market to furthered heights.
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COVID-19 Impact:
The COVID-19 outbreak severely hit the linerless labels
market industry, causing huge revenue loss to end-users. Simultaneously,
lockdown mandates halted the production of several key raw materials in the
global market, which spiked prices and lowered demand. Though the demand for
fresh produce and beverages remained significant, the linerless labels industry
faced severe revenue losses.
Industry players faced problems ranging from attracting
workers from quarantines to obtaining raw materials required for the production
and deliver end products. However, the linerless labels market is rapidly
returning to normal, witnessing the steadily increasing demand. Furthermore,
the high consumption of intelligent packaging solutions led by the increased
production activities and demand for storage and distribution applications is
estimated to offer robust market opportunities.
Regional Analysis
The Asia Pacific region leads the global linerless labels
market, mainly due to the vast growth in the retail industry. Besides, the high
production rates of fresh produce and rising demand for efficient packaging
solutions due to the high exports of produces in the region drive the linerless
labels market size. Vast investments in product developments and advances in
packaging technology in the region increase the market share.
Growing industrial activities also have a positive influence
on the region's linerless labels market growth. Additionally, increases in the
purchasing power of the consumer and changing lifestyles create an enormous
opportunity for the global market. China, India, Thailand, and Japan, with
increasing e-commerce businesses, account for major linerless labels market
share in the region.
Segmentation of Market covered in the research:
Information 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
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