GITNUX MARKETDATA REPORT 2024

Label Adhesives Industry Statistics

Provide key statistics on market size, growth trends, major players, and market share for the label adhesives industry.

Statistic 1

"Custom label adhesives are becoming increasingly popular, capturing about 15% of the niche market."

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Statistic 2

"The pharmaceutical industry's demand for label adhesives is expected to grow by 6.1% annually."

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Statistic 3

"Pressure-sensitive adhesives account for over 60% of the total label adhesives market share."

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Statistic 4

"The food and beverage sector is the largest end-user of label adhesives, representing nearly 30% of market demand."

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Statistic 5

"The European label adhesives market is expected to reach $2.4 billion by 2026."

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Statistic 6

"The adoption of UV-curable adhesives for labels is projected to grow at a CAGR of 7.3% through 2027."

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Statistic 7

"Adhesive technologies employed in smart labels are growing at a CAGR of 10%."

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Statistic 8

"The flexible packaging market is expected to grow significantly due to increased demand for label adhesives."

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Statistic 9

"Solvent-based adhesives are projected to decline in usage by nearly 2% annually due to environmental concerns."

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Statistic 10

"North America's label adhesives market size was valued at $1.7 billion in 2020."

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Statistic 11

"The global label adhesives market was valued at approximately $6.1 billion in 2020."

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Statistic 12

"Water-based label adhesives held around 48% of the total adhesives market in 2021."

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Statistic 13

"Investment in R&D for sustainable adhesives is increasing, with a 25% rise seen in 2020."

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Statistic 14

"The automotive industry's label adhesives use is projected to grow at an 8.2% CAGR."

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Statistic 15

"Acrylic-based adhesives make up a significant portion of the market, capturing about 30% market share."

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Statistic 16

"Electronic and electrical label adhesives applications are growing with a compound annual growth rate of 7% from 2021 to 2028."

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Statistic 17

"Asia-Pacific is the largest regional market for label adhesives, accounting for over 35% of the global demand."

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Statistic 18

"The market is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028."

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Statistic 19

"The demand for biodegradable label adhesives is increasing by 3% annually."

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Statistic 20

"Hot melt adhesives are growing rapidly, with an anticipated CAGR of 5.5% through 2028."

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