Market Size of Self-adhesive Labels Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 50.35 Billion |
Market Size (2029) | USD 65.72 Billion |
CAGR (2024 - 2029) | 5.47 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Self Adhesive Labels Market Analysis
The Self-adhesive Labels Market size is estimated at USD 50.35 billion in 2024, and is expected to reach USD 65.72 billion by 2029, growing at a CAGR of 5.47% during the forecast period (2024-2029).
The COVID-19 outbreak and the subsequent nationwide lockdowns, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, restoring the market's growth trajectory for the forecast period.
- The rapidly growing e-commerce industry and increased consumption of food and beverage products will likely drive the market demand.
- Conversely, increasing government regulations and the availability of substitutes like linerless labels will likely hinder market growth.
- The increasing demand for bio-based self-adhesives with a shift to sustainable practices will act as an opportunity for the market studied.
- Asia-Pacific dominated the market with a significant share and is expected to continue its dominance during the forecast period.