The report Global “Linerless Labels Market by Composition (Facestock, Adhesive, Topcoat), Product (Primary, Variable Information Print), Printing technology, Printing ink (Water-based, Solvent-based, UV Curable), End-use Industry, and Region – Global Forecast to 2026″, size is projected to grow from USD 1.7 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. The market is projected to grow in accordance with the increase in the demand for linerless labels in numerous end-use industries, particularly for food, beverage, and home & personal care applications across the globe. Rapid urbanization, industrialization, and increased consumer spending are expected to boost the market further. The rising use of sustainable labeling solutions is forecasted to provide enormous opportunities for linerless labels manufacturers.
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• 218 Market data Tables
• 43 Figures
• 211 Pages and in-depth TOC on “Linerless Labels Market – Global Forecast to 2026”
Some of the prominent key players are:
· 3M (US)
· CCL Industries Inc (Canada)
· R.R. Donnelley & Sons Company (US)
· Avery Dennison Corporation (US)
· Multi-Color Corporation (US)
Opportunity: Increasing innovations for linerless labels
New technologies and innovations are rapidly rising in the labels industry. Multi-layer linerless labels manufactured by Coveris Holdings S.A. (US) and ETI linerless applicators are examples of some recent developments which are designed to produce labels of different shapes and sizes. The ETI adaptor is done in a printing press where they coverts the linerless tape into different shapes or sizes.The linerless labels market has exposed to innovations and developments w.r.t to the products, machinery, equipment, and printing technologies. The use of biodegradable material is also one of the leading trends in the market.
Driver: Rise in demand for packed food and beverages
Increasing health awareness and per capita income are key factors that are driving growth for packaged food & beverages, in turn, increasing the demand in the linerless labels market. Several other factors such influence of the western world, changing lifestyle, compact, and confidence in packaged food are all driving the demand for packaged food. The fast-pace lifestyle, and long working hours, are results in greater reliability of consumers on ready-to-eat foods and increased snacking, in turn fueling the demand for linerless labels.
The APAC region is projected to be the fastest-growing region in the linerless labels market during the forecast period.
The APAC region is projected to be the fastest-growing region in the linerless labels market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.
