Global Warning Labels and Stickers Market 2017-2021
About Warning Labels and Stickers
Warning labels are the restrictions on the specific use of a product provided by the seller, which are attached to the product to inform the customer about the adverse effects of violating these restrictions. Labels usually include a release liner, adhesive, and the face material. Generally, labels are made from paper, vinyl, polyester, and polypropylene.
Technavio’s analysts forecast the global warning labels and stickers market to grow at a CAGR of 5.41% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global warning labels and stickers market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of warning labels and stickers to various industries, which include pharmaceuticals, tobacco, food and beverage, chemicals, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Warning Labels and Stickers Market 2017-2021
Technavio recognizes the following companies as the key players in the global warning labels and stickers market: 3M, Avery Dennison, Brady Corporation, Maverick Label, and CCL Industries.
Other Prominent Vendors in the market are: Advanced Labels, Allen Plastic, Axon, Clabro Label, Classic Label, Consolidated Label, Edwards Label, Jet Label, MCC Label, Mercian Labels, Metro Label, PDC International, Printpack, Progressive Label, Sticky Labels and Taylor Label.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing M&A. The global warning labels and stickers market has been witnessing a number of M&A activities. Vendors are opting for M&A to increase and enhance their global presence and expand their product portfolios.”
According to the report, one driver in the market is technological advances in label market. Technological advances in the label and stickers market is driving the growth of the market. Labels such as barcodes or instructions convey important information. Advances in technology enhance a label’s capacity by making it a gateway to information such as ingredient information, promotional offers, health and safety information, and others.
Further, the report states that one challenge in the market is rising price of raw materials. A major challenge to the growth of the global warning label and stickers market is the increasing cost of raw materials used in the manufacturing of labels. It is expected that the price of wood pulp will rise by nearly 4.5% during the forecast period. This will have a further impact on the price of paper, which is expected to witness a rise of nearly 3% during the forecast period.
3M, Avery Dennison, Brady Corporation, Maverick Label, CCL Industries, Advanced Labels, Allen Plastic, Axon, Clabro Label, Classic Label, Consolidated Label, Edwards Label, Jet Label, MCC Label, Mercian Labels, Metro Label, PDC International, Printpack, Progressive Label, Sticky Labels and Taylor Label.