The key drivers for the growth of the laminated labels market are increasing demand for consumer product, increasing logistics and growth in the manufacturing activities. Also, industrial applications has driven the market for laminated labels as the label ensures that the imprints remain for longer time as well as remain readable. The laminated labels are widely used in food & beverages, consumer durables, home & personal care, and others. Food & beverages by end use contributes highest share to the overall growth of the market. The reason for the growth is consumer awareness for authentic products, high durability and increasing demand for branded & packaged products. The global laminated labels market size was valued around USD 75.42 Billion in 2015 and is expected to cross USD 100 Billion at CAGR of 4 % by 2022.
Asia-Pacific is the largest and fastest growing market for laminated labels followed by Europe. Emerging countries like China and India will drive the market for the laminated label market. The growth in the region is driven by the growing food & beverages, consumer durables, & others industries and growing economy.
The report for Global Laminated labels Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.