Linerless labels are pressure sensitive labels which don’t have a release liner. They are used for packaging purpose. These labels & packaging provides right information about products. Furthermore, linerless label packaging comprises anti-counterfeiting properties accompanied with tracking & tracing technologies.
According to study, “Global Linerless Labels Market to reach USD 2.3 billion by 2027” the key companies operating in the global linerless labels market are Avery Dennison Corporation, Skanem SA, CCL Industries Inc, 3M Company, DuraFast Label Company, Dykam A.C.A. Ltd., Sato Holdings Corporation, Ravenwood Packaging, Propritn Group, Tereoka Seiko Co. Ltd., Bizerba Australia, L & N Label Company, R.R Donnelley & Sons Company, Constantania Flexibles, Gipako UAB, Lexit Group AS, Coveris Holdings S.A, Hub Labels, Inc., NAStar Inc., Multi-Color Corporation, Weber Packaging Solutions, Innovia Films, Gipako, Cevveo Corporation. These key players have invested a significant amount of resources in R&D of linerless labels and their components. The development of unusual shapes for labels, research on the superior adhesives & development of innovative release coatings are some few activities carried out by the market players. Additionally, key players have adopted the strategies of capacity expansion & acquisitions of smaller enterprises fowytiiyhr improving their offering portfolio & services. This trend is expected to positively impact the global market over the forecast period.
Based on composition, linerless labels market is segmented as adhesive, facestock and topcoat. Based on product, market is segmented as variable information print and primary. Based on printing technology, market is segmented as digital, letterpress, flexographic, offset and others. Based on printing ink, market is segmented as UV curable, water-based, solvent based and others. In addition, based on end-use industry, market is segmented as pharmaceutical, food, beverage, retail, home & personal care and others.
The linerless labels market is driven by growth in transportation & logistics sector, followed by surge in demand in packaging industry and stringent government policies for rising awareness regarding food safety. However, fluctuation in price of raw materials may impact the market. Moreover, growth in technological advancements enables labels to connect consumers with products in new & exciting ways and strong growth potential due to rising demand from consumer goods product are key opportunities for market.
Based on geography, the European region is a leading region in global linerless labels market owing to growth of pharmaceutical industry and rise in domestic demand for packaged food in the region. The Asian-Pacific and North-American regions are estimated to witness higher growth rate due to high demand for packaged foods & beverages over the forecast period. It is estimated that future of the global market will be optimistic as a result of increase in demand for sustainable labels coupled with rise in demand for logistic applications during the forecast period. The global linerless labels market is valued around US $1.6 billion in 2019 and is projected to grow with a healthy growth rate of more than 4.1 % during the forecast period 2020 to 2027.
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Ankur Gupta, Head Marketing & Communications