Sustainability Gains Significance! E-commerce Enterprises Deploy Linerless Labels for Eco-friendly Packaging Delivery. Explore Key Points Influencing the Market in USA, United Kingdom, France, Germany, Korea, and more
It is expected that the market for linerless labels would expand quickly, with a CAGR of 4.9% from 2022 to 2032. The FMI estimates that linerless label sales would increase from US$ 1.8 billion in 2022 to US$ 2.9 billion by 2032.
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 (2022-2032).
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.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1822
Key Takeaways of Linerless Labels Market Study
Competitive Landscape
Liners used in conventional labels cannot be recycled or reused. Reducing industrial waste is one of the major economic and industrial challenges for packaging manufacturers. Additionally, government in several countries introduced stringent guidelines to minimize industrial waste and carbon footprints. Owing to these factors, leading packaging manufacturers are shifting their focus from conventional packaging solutions to sustainable and eco-friendly packaging solutions.
Unlike linered labels, linerless labels do not have liner layer on the back, which reduces expenses on waste disposal and down time for the manufacturing process. Thus, end users are increasing adopting eco-friendly linerless labels. These factors are estimated to accelerate the linerless labels market growth during the upcoming period.
Key Companies Profiled
Get In Touch With Our Team For a 20% Flat Discount
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.
Key Segments Covered in Linerless labels Industry Research
Linerless Labels Market by Product Type:
Linerless Labels Market by Printing Technology:
Linerless Labels Market by Adhesion:
Linerless Labels Market by End-user:
Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-1822
What to Expect in Our Report?
(1) A complete section of the Global Linerless Labels market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Linerless Labels market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Linerless Labels market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Linerless Labels market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Global Linerless Labels Market report.
About FMI Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jun 23, 2023