As stated in our extensive report; providing insights on segments (Composition, Product, Printing Ink, Printing Technology, End-Use Industry and Region), key driving factors, opportunities and restrain and challenges of the Global Linerless Labels Market accounted for USD 1,629.5 Million in the year 2021.
Linerless Labels are pressure-sensitive labels that do not have a liner. They are made with a unique launch coating carried out to the face of the label which lets in the labels to be wound on a roll without the adhesive sticking to the label underneath it. The Linerless Labels market is slight in size, with distinguished groups accounting for ~20-25% of the sales percentage. End-use industries which include meals & beverages, retail, and logistics keep a significant part of the market percentage and are anticipated to preserve to dominate the market at some stage in the forecast period.
Key Factors Likely to Drive Growth of Linerless Labels Market
The key driving factor of the Linerless Labels Market is the rise in demand for packed food and beverages. Increasing health awareness and per capita income resulted within the growing call for packaged meals & beverages, which undoubtedly affects the increase within the market. The impact of the western world, converting trendy living, convenience, and self-belief in packaged meals make contributions to the expanded call for packaged meals. Linerless Labels are gaining popularity, as they may be an advanced opportunity to standard labeling methods. They offer extra data and colorful photo-first-rate portraits that assist enhance the emblem’s presence and appeal to consumers' attention. Linerless Labels additionally offer 360° visibility at the packaging, in conjunction with product presentation and differentiation. All those elements have expanded the call for Linerless Labels.
Since Packaging regulations ensure that industrial labels are manufactured as per the guidelines and are environment-friendly the Linerless label market face slight restriction at the global market level. And the major challenge to the market is the availability of substitutes in the market such as release liner labels, sleeve labels, shrink labels, in-mold labels, and many more which may inhibit the demand for Linerless Labels and negatively influence the global market
Still, this market opportunity can be seen due to increasing innovations for Linerless Labels. Extensive Research and Development (R&D) has led to the arrival of recent technology and improvements withinside the labels industry. The market has skilled improvements and trends concerning products, machinery, equipment, and new printing. The use of biodegradable cloth is likewise one of the main tendencies within the market.
Europeheld the largest share in the Linerless Labels Market and is expected to continue this trend in the forecast period.
Some of the key players in the Global Linerless Labels Market include 3M Company (US), CCL Industries Inc (Canada), R.R. Donnelley & Sons Company (US), Avery Dennison Corporation (US), Multi-Color Corporation (US) and others.