Linerless labels are useful in e-commerce packaging since it involves consignor and consignee information with the tracking system to protect the product during delivery
The global Linerless Labels Market is likely to reach US$ 2.5 Bn by the year 2029 at a CAGR of 4.9% between 2022 and 2029. The global linerless labels market was valued at US$ 1.40 Bn in 2018, and is expected to witness a CAGR of 4.2% during the forecast period of 2022-2029. North America and Asian regions are expected to hold collective revenue share of ~55 % in the global market for linerless labels by the end of 2029.
Linerless labels are designed without a release liner, which reduces the amount of raw material required to manufacture labels, and makes these labels an eco-friendly alternative. Absence of a liner layer saves on extra labor, storage, and transportation costs for end users, and reduces industrial waste and carbon emission. These factors are expected to boost the demand for linerless labels substantially during the forecast period (2022-2029).
Removable linerless labels are estimated to hold a leading position in the global Linerless Labels Market, and generate an incremental opportunity of US$ 240 Mn from 2022-2024. Prominent packaging manufacturers are continuously striving to offer sustainable and environment-friendly packaging solutions to various end-use industries.
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Key Takeaways of Linerless Labels Market Study
Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies
Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.
Future Market Insights, in its new offering, offers an unbiased analysis of the global linerless labels market, analyzing historical demand from 2014-2021 and forecast statistics for 2022-2029. The study unravels growth projections on the linerless labels market on the basis of product type (variable imaged and direct thermal), printing technology (digital printing, flexo printing, offset printing, gravure printing, screen printing, and others), adhesion (permanent, removable, and repositionable), and end-use industry (retail, food & beverages, logistics, pharmaceuticals, and others), across seven major regions.
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Nov 14, 2022