GITNUX MARKETDATA REPORT 2024

Must-Know Label Industry Statistics [Latest Report]

With sources from: adobe.com, marketsandmarkets.com, plma.com, reportlinker.com and many more

In this post, we will explore a comprehensive collection of statistics regarding the label industry, shedding light on various aspects such as market size, growth rates, consumer preferences, regional trends, and technological advancements. The data presented encompasses a wide range of insights, from the soaring market projections in regions like Asia Pacific and Europe to the impact of design elements on consumer behavior. Let’s dive into the world of label industry statistics and uncover the trends shaping this dynamic sector.

Statistic 1

"The global label industry growth rate was anticipated to reach $52.49 billion by 2025 with an average growth of 4.1% every year."

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Statistic 2

"The global in-mold labels market size was valued at USD 2.17 billion in 2018 and is projected to reach USD 3.17 billion by 2026."

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Statistic 3

"The Asia Pacific region will have the fastest-growing label market, estimated with an 6% CAGR from 2018 to 2025."

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Statistic 4

"The European label industry is expected to reach $18.9 billion by 2027, growing at a CAGR of 2.8%."

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Statistic 5

"Digital printing technology accounted for a 42.7% revenue share of the global label printing market in 2020."

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Statistic 6

"Over 64% of all consumers are likely to buy goods as a result of eye-catching and detailed product labels."

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Statistic 7

"In 2019, wine labels with animals on them sold twice as well as those without, highlighting the power of label design."

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Statistic 8

"The market size of the global barcode labels industry stood at USD 2.4 billion in 2018."

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Statistic 9

"In 2021, the Linerless Labels sector was estimated to reach $2 billion, with a predicted increase of 5% by 2026."

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Statistic 10

"By 2027, the beer labeling industry is predicted to reach a valuation of $638.2 million."

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Statistic 11

"In 2020, the private label industry established a new sales record in the U.S at nearly $180 billion."

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Statistic 12

"The Indian label industry has been growing at 8% per year, with an expected value of $2.5 billion by 2025."

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Statistic 13

"Latin America’s adhesive label market is estimated to hold a revenue share of 18% by 2026."

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Statistic 14

"The pharmaceutical industry accounts for 18.3% of the global label adhesives market share in 2020."

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Statistic 15

"The Middle East and Africa will exceed $1.6 billion in the label adhesives market by 2025."

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Statistic 16

"More than 70% of global beer and soft drinks labels are pressure-sensitive, shrink-sleeve, or wraparound."

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Statistic 17

"The global printed label market is anticipated to reach $62.35 billion by 2026, growing at a CAGR of 5.22%."

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Interpretation

In conclusion, the label industry is experiencing significant growth and diversification across various regions and product segments. Key trends include the increasing adoption of digital printing technology, the impact of eye-catching label design on consumer purchasing behavior, and the emergence of niche markets such as linerless labels and barcode labels. The market size of different label segments is projected to expand substantially by 2025 and beyond, driven by evolving consumer preferences and industry innovations. Overall, the label industry presents a dynamic landscape with vast opportunities for market players to capitalize on emerging trends and meet evolving consumer demands.

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