Global Linerless Labels Market 2017-2021
About Linerless Labels
Linerless labels are a type of pressure sensitive labels without a liner or backing paper attached to it. These labels have a release coating coated on the face of the label and an adhesive on the back of the label. It is quite similar to the everyday tape, and the release coating on the face prevents the labels from sticking to each other when rolled. Different types of labels have different features and find use in a particular type of product.
Technavio’s analysts forecast the global linerless labels market to grow at a CAGR of 5.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global linerless labels market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Linerless Labels Market 2017-2021
Technavio recognizes the following companies as the key players in the global linerless labels market: 3M, Avery Dennison, Constantia Flexibles, Coveris, RR Donnelley, and SATO.
Other Prominent Vendors in the market are: Bizerba, Cenveo, General Data Company, NAStar, Ravenwood Packaging, Reflex Labels, and Hub Labels.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing importance of labels. It has been noted that one of the first things to be noticed by consumers while buying a product is the label. Thus, it is important to have an attractive label to grab the attention of consumers. An attention-grabbing label which is appealing to the eye is expected to stand out in the intense competition in the market.”
According to the report, one driver in the market is rising technological advances in label market. Technological advances are driving the global linerless labels market. Labels present important information such as barcodes and instructions. Advances in technology are increasing the label's capacity by making it a portal to information such as downloadable product details and ingredient information, along with coupons and promotional offers. Additionally, these advances allow companies track items through the supply chain and enable fast and accurate inventory management.
Further, the report states that one challenge in the market is rising cost of adhesives. The adhesive is one of the most important materials used for any kind of label. It is one of the important factors leading to a high cost incurred by companies. It is observed that the prices of the adhesive are increasing worldwide. For example, in March 2017, H. B. Fuller, one of the leading adhesives companies, announced a price increase of more than 4% for its adhesives in North America. The company explained that the prices were increased mainly due to the cost changes and supply constraints to feedstocks, such as ethylene, methanol, butadiene, isoprene, and propylene, that led to higher raw material cost.
3M, Avery Dennison, Constantia Flexibles, Coveris, RR Donnelley, SATO, Bizerba, Cenveo, General Data Company, NAStar, Ravenwood Packaging, Reflex Labels, and Hub Labels.