Linerless Labels Market Report, 2023-2030 | Global Industry To Grow At A CAGR of 4.70%

Linerless Labels Market Size was valued at USD 2,418.9 million in 2021. The linerless labels industry is projected to grow from USD 2,532.59 million in 2022 to USD 3,492.94 million by 2030, exhibiting a compound annual growth rate (CAGR) of 4.70% during the forecast period (2022 – 2030).

With the aid of a release coating placed on the front side of the face stock, the liners are successfully coiled on a roll. As a result, the adhesive cannot adhere to the label below. Linerless labels are a major undertaking in the packaging business due to growing awareness of the need to develop environmentally friendly packaging strategies. The anti-counterfeiting capabilities of Linerless Labels and the tracing and tracking technologies have had a significant commercial impact.

Numerous government organizations enforced certain criteria and norms for developing industrial tapes while considering the environmental risks. For instance, the FDA mandates that each manufacturer create, carry out, regulate, and oversee manufacturing procedures to guarantee that a device meets its standards while creating industrial tapes. As a result, the development and usage of linerless labels are hampered since regulatory authorities routinely inspect the materials that have been utilized in labels.

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Worldwide, the coronavirus pandemic has had an impact on several businesses. Governments worldwide enacted stringent lockdown regulations and social segregation standards to slow the pandemic’s quick spread. During the initial phases of the covid pandemic, manufacturing facilities worldwide were shut down. Additionally, the economic downturn that followed the epidemic may cause a considerable delay in the commercial launch of the electronics sector. The backbone of technology providers, small and medium-sized businesses, has seen a sharp decline in income since the pandemic’s debut in 2020. As a result of the supply chain interruptions, market participants faced several difficulties.

Market Segmentation:

The global linerless labels market has been segmented into five sections composition, printing ink, printing technology, application, and regional basis. With the composition section, the market is further divided into four sections composition, face-stock, adhesives, and others. As per the printing ink, the market is segmented into four sections water-based ink, solvent-based ink, holt melt-based ink, and UV curable ink. With the printing technology, the global linerless labels market has been divided into six parts digital printing, flexographic printing, gravure printing, lithography printing, screen printing, and letterpress printing. With the application section, the market is further classified into six sections: food & beverage, pharmaceuticals, personal care, consumer products, retail, and others. As per the regional basis, the market has been divided into five sections: Asia-Pacific, North America, South America, Europe, and Middle East & Africa.

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Regional Analysis:

The increasing usage of these labels in end-user sectors like food and beverage and retail in countries like China, India, and Japan is primarily responsible for expanding linerless labels in the Asia-Pacific region. The region has had good market expansion due to the rising consumption of packaged and processed foods brought on by the fast industrialization and urbanization of the area. For instance, the National Bureau of Statistics of China estimates that in 2021, roughly 64.8% of the country’s population will reside in urban areas. As a result, there is now a greater demand for food, making China’s linerless labels market one of the biggest in the world.

Due to rising packaged food consumption, consumer awareness, and desire for high-quality goods, India has seen a boom in sustainable packaging in recent years. Food packaging has become a topic of greater consumer awareness.

Key Players

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), and Skanem AS (Norway)

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