Security Labels Market - to Witness Huge Growth by 2026: Evaluating By Global Leading Players


Posted June 3, 2019 by aaryaa

The research report on Security Labels Market is segmented by Product Type, by Composition Type, by Identification Type, by End-use Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

 
Security labels are pressure sensitive and heat-applied labels illustrating either the brand logo or some security information. These labels are three times stronger and durable than the conventional labels and disintegrate when attempted to remove it. Security labels leave a pattern when peeled off and hence, can protect against any theft, as it can be used as a security seal.

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Market Dynamics
Some properties of security labels such as its premium quality, minimal weight, and recyclability are factors that attract the end-use industries such as food and beverages, pharmaceutical, and others. This results in increasing demand for security labels, thereby driving growth of the security labels market.
Security labels leave a pattern when peeled off and hence, can protect against any theft, as it can be used as a security seal.

However, the additional price of the product as compared to the conventional labels is a major factor that is affecting growth of the global security labels market. Additional cost involved with the premium quality of plastic used for manufacturing labels, ink used for printing, and special compatible software required for the digital printing are not preferred by all the manufacturers. 

Market Outlook
There is increasing demand for security labels in food and beverages and pharmaceutical industries
In case of pharmaceuticals, safe labeling is of highest importance. As conventional labeling is less durable, it can mislead the patient and might be dangerous. In 2016, the North America pharmaceutical industry generated around US$ 450 billion.

Food and beverage industry is also expected to grow in terms of market share during the forecast period. The major reason behind the increasing demand for security labels in this industry is the rising number of packaged food and beverages being consumed by people, globally.

Key Players
Key players operating in the global security labels market include Honeywell International Inc., 3M, CCL Industries Inc., tesa SE, Security Labels International, and UPM Raflatac among others.

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Contact Email [email protected]
Issued By Mr Shah
Phone +1-206-701-6702
Business Address Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154,USA
Country United States
Categories Advertising , Business , Marketing
Tags outlook , security labels market , trends
Last Updated June 3, 2019