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The global laminated label market was valued at USD 75.56 Billion in 2015 and is projected to reach USD 94.49 Billion by 2020, at a CAGR of 4.57% from 2015 to 2020. On the basis of compositon, facestock accounted for the largest market share among all compositions for laminated labels. Digital prinitng accounted for the largest share in terms of both volume and value. In terms of printing ink, the market is segmented into water-based, solvent-based, UV curable, and hot-melt-based. In 2014, the application segment was dominated by the food & beverage sector followed by consumer durables and pharmaceuticals. Laminated labels in the form of reels accounted for the largest share in terms of both volume and value. The final segment, that is, the region, consists of North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Globally, competition in the laminated labels market is growing considerably owing to the improvement in labeling technologies such as 3D printing and thermoforming. Laminated label convertors are keen on developing innovative labeling solutions that can withstand severe weather conditions such as extreme temperature and abrasion. The base year considered for the sudy is 2014 and the market size is forecasted from 2015 to 2020.
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Laminated Labels Market worth 94.49 Billion USD by 2020 The report "Laminated Labels Market, by Composition (Facestock, adhesive, release liner), Printing ink (water-based, solvent-based, holt melt-based, UV curable), Printing technology (Digital, Flexographic, Lithography), Form (Reels, Sheets) - Forecast to 2020", is projected to grow from USD 75.56 Billion in 2015 to USD 94.49 Billion by 2020, at a CAGR of 4.57% from 2015 to 2020. The global laminated label market is driven by factors such as strong growth in the food & beverage packaging products and rising demand in consumer durables, logistics, and pharmaceutical supply industries. Rising flexible packaging industry and increasing demand for consumer product present a great opportunity for this market to grow in future. The laminated labels market is witnessing demand owing to the rise in manufacturing activities. However, factors such as high capital investment, printing on the packages, and rising raw material cost inhibit the growth of the market. The scope of the report It covers detailed information regarding the major factors influencing the growth of the laminated labels market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, and recent developments associated with the market. The laminated labels market is segmented by composition, form, printing inks, printing technology, application, and region. Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=188043973 The major players of market It include 3M company (U.S.), Avery Dennison Corporation (U.S.), Coveris Holdings S.A. (Luxembourg), CCL Industries Inc. (Canada), Constantia Flexible Group GMBH (Austria), and RR Donnelley & Sons Company (U.S.). Companies have adopted mergers & acquisitions to cope with the increasing demand in the emerging markets. Food & beverage, the largest segment during the forecast period The food & beverage segment is projected to be the largest market in the next five years. The demand from the food & beverage sector is expected to experience a higher growth rate, mainly because of the growing demand for packaged and branded products, and consumer awareness toward the authenticity of the product. Beverage manufacturers widely use laminated labels on bottles owing to the high durability, aesthetic appeal, and brand positioning they offer. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=188043973 Digital printing, the largest market for printing technology segment Laminated labels market, by printing technology, is classified into seven segments, namely digital printing, flexographic printing, gravure printing, screen printing, lithography, offset, and letterpress. The digital printing segment accounted for the largest market share in 2014 with its numerous benefits such as high- quality, cost-effective solution for manufacturing well-designed laminated labels with recycling options. Digital printing also uses ink-jet printing to print images.
Asia-Pacific projected to attain the largest share in the laminated labels market Asia-Pacific with emerging economies like China and India will drive the laminated labels market. China is projected to have the largest market share and dominate the Asia-Pacific laminated labels market from 2015 to 2020. Developing markets such as China, Brazil, and India are emerging as growth economies for laminated labels. Growing economies, the increasing population, and the resultant disposable income of people are acting as the main drivers for increased opportunities in these countries. Download Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=188043973 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com