Emerging Economies Offer High Growth Opportunities in the Laminated Labels Market


Posted September 21, 2017 by Dsiddhant

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.

 
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 increasing demand for convenience and quality food products, people are opting for packaged food products, where the product information and other details such as nutritional information and manufactured & expiry dates are printed.

The laminated labels market size by value will grow and reach USD 94.49 Billion by 2020 at a CAGR of 4.57% between 2015 and 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.

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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.

Target audience

Manufacturers of laminated labels
Importers and exporters of laminated labels
Traders, distributors, and suppliers of laminated labels
End users
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The scope of the report:

The scope of the report 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.

Key Players:

The major players of the Market 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.).

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Issued By MarketsandMarkets
Country United States
Categories Business
Last Updated September 21, 2017