Pressure Labels Market Size

Pressure Labels Market Analysis

The Pressure Labels Market size is estimated at USD 22.60 billion in 2024, and is expected to reach USD 27.75 billion by 2029, growing at a CAGR of greater than 4.19% during the forecast period (2024-2029).

Growth in the pharmaceutical industry, coupled with its vast application scope in diverse sectors, is the major driver for the pressure labels market. The latest innovations in pressure label products and rising demand is expected to fuel the market growth.

• The most popular label technology worldwide will continue to be pressure-sensitive labels. They are used extensively in the food business. Their uses extend beyond the food and beverage industry, including the pharmaceutical, consumer goods, personal care, and other sectors, including construction.
• Depending on the application, different adhesives can make pressure-sensitive labels permanent or releasable. Furthermore, temperature extremes would not harm pressure-sensitive sealants for heavy-duty applications. They are appropriate for applications across a range of end-users, including automotive items, cleaning products, alcohol, wine, spirits, food, and beverage, because they can handle the weights of thick labels, such as expanded content labels.
• Additionally, in keeping with consumers' increased awareness of sustainability, the face stock of PS Labels is comprised of recyclable materials. Furthermore, through technical breakthroughs, numerous businesses created unique adhesives that do not obstruct recycling. Pressure Sensitive labels are anticipated to strengthen their position as industry leaders with the aid of sustainable technologies like these.
• Additionally, a growing portion of pressure-sensitive label makers uses PE, PP, PET, and PVC polymer film materials to provide their products with additional functionality. It includes strength, moisture resistance, color, smoothness on the surface, transparency, high gloss, durability, and mechanical resistance. Important trends offered by pressure-sensitive labels include sustainability, robustness, RFID, a rise in anti-counterfeit labels, and detachable and repositionable films as face stock.
• The food, beverage, and healthcare sectors showed more encouraging growth despite the COVID-19 scenario. The suppliers to these sectors are actively engaged in the ongoing production and provision of label materials for essential consumer and healthcare products. However, with sales and production on hold, most merchants' losses are worsening. Along with increased competition and developing printing and decorating technologies, the price of raw materials is also rising. Further, the Russia-Ukraine war also impacts the overall packaging ecosystem.