The Latest Label Adhesives Industry Statistics Explained
In 2019, the global label adhesive market size was valued at around USD 12.36 billion.
The statistic indicates that in 2019, the total market value for label adhesive products worldwide amounted to approximately USD 12.36 billion. This figure represents the collective value of label adhesives sold and used across various industries and regions globally during that specific year. The market size serves as a key indicator of the economic significance and demand for label adhesive products, reflecting the scale of business transactions and consumption within the industry. Analyzing trends in the global label adhesive market size can provide insights into factors such as industry growth, consumer behavior, and market competition, which can be valuable for businesses, policymakers, and stakeholders involved in the label adhesive sector.
The CAGR for the label adhesive market from 2020 to 2027 is projected to be approximately 3.3%.
The Compound Annual Growth Rate (CAGR) is a statistic used to measure the year-over-year growth rate of an investment or market over a specified period of time, in this case from 2020 to 2027 for the label adhesive market. A CAGR of 3.3% indicates that the market is expected to grow at a steady rate of approximately 3.3% per year on average during this period. This projection suggests that the label adhesive market is anticipated to experience moderate growth over the next seven years, providing valuable insights for businesses operating within this industry to make informed decisions and strategies for future development and investment.
By 2027, the global market for label adhesives is projected to reach around USD 15.07 billion.
This statistic indicates that by the year 2027, the global market for label adhesives is expected to grow substantially, reaching approximately USD 15.07 billion. This projection suggests a positive trend in the demand for label adhesives, indicating potential growth opportunities in the industry. Factors such as increased manufacturing activities, product packaging requirements, and technological advancements driving the use of labels in various sectors like food and beverage, pharmaceuticals, and consumer goods may contribute to the expansion of the market. This statistic serves as a valuable insight for businesses, policymakers, and investors to understand the market dynamics and make informed decisions in this sector.
In 2019, the permanent product segment held over 50% share of the total revenue in this market.
The statistic states that in 2019, the permanent product segment accounted for more than half (over 50%) of the total revenue generated in the market. This suggests that the permanent product segment was a significant contributor to the overall revenue performance in the market during that year. The dominance of this segment indicates that it likely had a strong consumer demand and was able to capture a large share of the market’s spending. As a result, businesses operating in the permanent product segment would have played a crucial role in driving the market’s revenue growth in 2019.
Pressure-sensitive technology dominates the label adhesive market and accounted for over 80% share of the total revenue in 2019.
The statistic indicates that pressure-sensitive technology is the leading adhesive type in the label market, capturing a significant majority of the market share in terms of revenue in 2019. This dominance suggests that the demand for labels with pressure-sensitive adhesives is high due to their ease of application, versatility, and durability. Businesses and industries likely prefer this technology for its convenience and functionality, driving its widespread adoption and strong market performance. The statistic highlights the competitiveness and strength of pressure-sensitive adhesive products within the label industry, emphasizing its importance and impact on the market dynamics.
The Asia Pacific region is expected to attain a significant market share by 2027 due to industrial growth and expanding end-use industries.
The statistic indicates that the Asia Pacific region is projected to gain a notable portion of the market by 2027, primarily attributed to the increasing industrial growth and the expansion of end-use industries within the region. This forecast suggests that the Asia Pacific region is likely to experience a surge in economic activity, leading to a rise in market share compared to other global regions. The industrial growth and expanding end-use industries in the Asia Pacific region are anticipated to drive this market share increase, highlighting the region as a key player in the global market landscape by 2027.
Europe label adhesives market is projected to reach $6,579 million by 2023.
The statistic ‘Europe label adhesives market is projected to reach $6,579 million by 2023’ indicates the forecasted value of the label adhesives market in Europe by the year 2023. This projection suggests an expected growth in the demand for label adhesives within the European market, with an estimated market size of $6,579 million. This statistic provides valuable insight into the anticipated trends and opportunities in the label adhesives industry in Europe, highlighting the potential for businesses and investors to capitalize on the projected growth in the market over the specified time frame.
In 2020, China’s label adhesives market size was approximately $1.86 billion.
The statistic “In 2020, China’s label adhesives market size was approximately $1.86 billion” indicates the total value of the market for label adhesives in China during that year. This figure represents the monetary worth of all label adhesive products bought and sold within the Chinese market in 2020. The market size of $1.86 billion serves as a crucial indicator of the scale and economic significance of the label adhesive industry in China during the specified period. This statistic can be useful for businesses, policymakers, and investors looking to understand the market dynamics, growth potential, and competitiveness of the label adhesives sector in China.
Commodity Label is the dominant application segment with over 70% share of total market revenue.
This statistic indicates that the Commodity Label application segment holds a significant position within the market, accounting for more than 70% of the total market revenue. This suggests that the demand for commodity labels is high relative to other application segments within the market, making it the most prominent and lucrative area for business opportunities. Companies operating in this segment may have a competitive edge due to its dominant market share, potentially translating into higher profits and market influence compared to other segments. Overall, this statistic underscores the importance of the Commodity Label application segment in shaping the dynamics of the market and driving overall revenue generation within the industry.
Acrylic-based adhesives are anticipated to exhibit a CAGR of 3.7% over the forecast period.
This statistic indicates that the market for acrylic-based adhesives is expected to experience a Compound Annual Growth Rate (CAGR) of 3.7% over a specified forecast period, typically reflecting a projection for future years. The CAGR represents the average annual growth rate of the market during the forecast period. In this context, a CAGR of 3.7% suggests a modest but steady expansion in the demand and usage of acrylic-based adhesives in various applications such as construction, automotive, packaging, and healthcare. This projection implies that the market for acrylic-based adhesives is likely to see incremental growth over time, driven by factors such as technological advancements, shifting consumer preferences, and industry trends.
It is predicted that the release liner segment will grow at a CAGR of 3.2% during 2020 – 2027.
This statistic indicates that the release liner segment is projected to experience a Compound Annual Growth Rate (CAGR) of 3.2% over the period from 2020 to 2027. CAGR is a useful measure of the annual growth rate that provides a smooth representation of the growth trajectory over multiple years. In this case, a CAGR of 3.2% suggests a steady and consistent growth in the release liner segment throughout the specified time frame. This prediction can be valuable for stakeholders in the industry to make informed decisions and strategic planning for the future based on the expected growth rate.
In North America, the label adhesive market growth is anticipated to reach a CAGR of over 3.0% from 2020 to 2027.
This statistic indicates that the North American label adhesive market is expected to experience a Compound Annual Growth Rate (CAGR) of more than 3.0% between 2020 and 2027. A CAGR of over 3.0% suggests a steady and consistent growth trajectory in the market over the specified timeframe. This growth rate reflects the anticipated increase in demand for label adhesives in North America, which could be driven by factors such as expanding industries that rely on labeling, technological advancements in adhesive products, and evolving consumer preferences. Overall, this statistic implies a positive outlook for the label adhesive market in North America, with opportunities for industry players to capitalize on the projected growth in the coming years.
The permanent segment of label adhesives is expected to exhibit the highest CAGR of around 3.5% over the forecast period.
This statistic indicates that the permanent segment of label adhesives is projected to experience the highest Compound Annual Growth Rate (CAGR) of approximately 3.5% over the given forecast period. A CAGR of 3.5% suggests a steady increase in demand or sales for permanent label adhesives over time. This growth rate is indicative of a positive trend in the market for permanent label adhesives, implying that this segment is likely to expand at a faster pace compared to other segments within the same industry. The forecasted CAGR serves as a key metric for understanding the anticipated growth trajectory of the permanent label adhesive market and can provide valuable insights for businesses and stakeholders operating in this sector.
The water-based technology segment expected to display an approximate CAGR of 4.0% from 2020 to 2027.
This statistic indicates that the water-based technology segment is projected to experience a Compound Annual Growth Rate (CAGR) of around 4.0% between 2020 and 2027. A CAGR of 4.0% means that the market size for water-based technology is anticipated to grow at a consistent annual rate of 4.0% over the specified period. This steady growth rate suggests that there is increasing demand and adoption of water-based technologies within the industry, leading to the expansion of this particular segment. Companies operating in this sector may benefit from this projected growth by investing in research and development, expanding their product offerings, and capitalizing on market opportunities to maximize their market share and profitability within the water-based technology sector.
Label adhesives used in rigid plastic applications expected to witness the fastest growth, at a CAGR of around 4.8% from 2020 to 2027.
The statistic indicates that label adhesives used in rigid plastic applications are projected to experience significant growth, with a Compound Annual Growth Rate (CAGR) of approximately 4.8% from the year 2020 to 2027. This suggests that there is an increasing demand for label adhesives in the rigid plastic industry, likely driven by factors such as the expansion of the packaging sector, advancements in labeling technology, and the growing importance of branding and product identification. The projected growth rate of 4.8% per year indicates a positive trend for the market, with opportunities for manufacturers and suppliers in this sector to capitalize on the rising demand for label adhesives in rigid plastic applications over the forecast period.
The home and personal care segment in the label adhesive market estimated to reach a revenue share of 18.2% by 2027.
This statistic indicates that the home and personal care segment within the label adhesive market is expected to make up 18.2% of the total revenue generated by the market by the year 2027. This suggests that the demand for label adhesives within the home and personal care industry is projected to grow significantly over the next few years. Companies involved in producing label adhesives may need to focus on developing and marketing products tailored to this specific segment to capitalize on this growth opportunity. The statistic provides valuable insights for industry players to strategically plan their business operations and investments in order to maximize their market share in the home and personal care segment of the label adhesive market.
Label adhesives used in food and beverage applications accounted for 22.2% revenue share in 2019.
This statistic indicates that label adhesives used in food and beverage applications generated a revenue share of 22.2% in the year 2019. This suggests that a significant portion of the revenue in the adhesive industry came from labels specifically designed for use in the food and beverage sector. The high revenue share points to the importance and demand for these specialized label adhesives within the food and beverage industry, likely driven by factors such as regulatory requirements, branding needs, and consumer safety concerns. This statistic highlights the significant role that label adhesives play in product packaging and marketing within the food and beverage sector.
Water-based adhesives are expected to be the fastest-growing segment in the label adhesive market at a CAGR of 4.2% over the forecast period.
This statistic indicates that within the label adhesive market, water-based adhesives are projected to exhibit the highest growth rate, with a Compound Annual Growth Rate (CAGR) of 4.2% over the forecast period. This means that the demand for water-based adhesives for labeling purposes is expected to increase at a steady annual rate of 4.2%. The growth in popularity of water-based adhesives can be attributed to factors such as environmental concerns, regulatory requirements, and technological advancements that have made these adhesives more competitive in terms of performance and cost compared to other types of label adhesives. This trend suggests a shift towards more sustainable and eco-friendly labeling solutions in the industry.
The rubbers resin type accounted for the largest market share in the label adhesives industry in 2016.
The statistic indicates that rubbers resin type held the largest portion of the market share in the label adhesives industry in 2016. This suggests that among all the different types of adhesive materials used for labels in that year, rubber resin was the most prevalent and widely adopted choice by manufacturers and consumers. This dominance could be attributed to various factors such as the adhesive properties of rubber resin, cost-effectiveness, ease of application, or specific performance benefits that make it a preferred option in the label adhesives market. Overall, this statistic highlights the significant impact and popularity of rubber resin type within the industry during the specified timeframe.
By 2025, the label adhesives market in India is estimated to reach $1.02 billion.
The statistic “By 2025, the label adhesives market in India is estimated to reach $1.02 billion” indicates a projected value for the label adhesives industry in India by the year 2025. This estimation suggests that the market for label adhesives, which are commonly used in various sectors such as packaging, manufacturing, and consumer goods, is expected to grow significantly in India over the next few years. This growth may be attributed to factors such as increasing demand for packaged products, growth in e-commerce, and advancements in labeling technology. The $1.02 billion projection represents the total value of label adhesives sales within India by the specified year, highlighting the potential economic importance and expansion of this market segment in the country.
Conclusion
After analyzing the statistics and trends in the label adhesives industry, it is evident that this sector is poised for significant growth in the coming years. With the increasing demand for labeling solutions in various industries such as food, beverage, pharmaceuticals, and more, label adhesives manufacturers have a great opportunity to capitalize on this trend. By staying abreast of market developments and adopting innovative technologies, companies in the label adhesives industry can position themselves for success in a competitive market landscape.
References
0. – https://www.www.alliedmarketresearch.com
1. – https://www.www.giiresearch.com
2. – https://www.iipla.org
3. – https://www.www.marketsandmarkets.com
4. – https://www.www.grandviewresearch.com
