Pressure Labels Market 2023–2030: Analysis, Estimate, Market Dynamics, Key Venders, Production, Consumption and Scope
Pressure Labels, also known as
adhesive labels (Acrylamide) are flat vinyl labels used to apply any type of
label on any commodity. These labels are applied by pressing a label on the
substrate of the product, which is then adhered to the substrate with the help
of high-pressure or direct air machines. As far as regional impact is
considered, North America seems to be gaining significant traction in the pressure
labels market. This can be attributed to rising demand from the
packaging, healthcare, electronics, and toiletries industries. Furthermore,
Asia Pacific is exhibiting a positive outlook due to growing use of pressure
labels in pressure-sensitive tapes & labels.
One of the major factors fueling
growth of the market is the rapid growth of the pharmaceuticals industry. Over
the years, the pharmaceuticals industry has witnessed significant growth in
both developed and emerging economies. As per the India Brand Equity Foundation
(IBEF), India’s domestic pharmaceutical market is expected to reach US$ 65
billion in 2024, increasing from US$ 41 billion in 2021. As per the same
source, the market is expected to reach around US$ 120-130 billion by 2030.
Thus, such factors can stimulate growth of the pressure labels market.
A pressure label is a flat piece of
plastic film, paper, fabric, metal, or any other material affixed permanently
to a product or container, where the information or symbols on the product is
written or drawn. Information printed directly onto a product can also be
termed direct information, or simply labeled. However, there are several
challenges involved in this market that can limit the potential development of
the market. For instance, raw material prices continue to fluctuate, which can
restrict market growth. Besides, wet-glue labels have advantages over pressure
labels that can impede growth of the pressure labels market.
Pressure labels can be single-sided
or double-sided. The two sides of a pressure label are typically lined with a
sticky backing. The printing on pressure labels can be done in numerous
different styles, such as single-sided, or double-sided, bold and clear, or
colored and/or foil. Another key factor augments market growth is the evolution
of digital print technology over the years. This modern technology can make prints
from electronic files, which may involve artwork that is being created on a
computer and then printed directly onto the material of choice. Pressure labels
use specialized digital printing technology, making them high quality and
self-adhesive. Hence, such factors can bolster growth of the pressure labels
market. Recently, in June 2021, Actega launched Signite, a premium quality
technology designed to reduce and eliminate waste in label production.
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