The linerless labels market growth will exhibit a CAGR Of 5.0% and reach USD 3.41 billion by 2027. The forecast period is set from 2020-2027” and the market Size stood as per 2019 was USD 2.33 billion.
Fortune Business Insights™ published a premium research report titled, "Linerless Labels Market Size, Share & Industry Analysis, By Adhesion Type (Permanent, Removable, Repositionable, and Others), By Printing Technology (Direct Thermal, Thermal Transfer, Laser, Inkjet, and Others), By Application (Food & Beverage, Pharmaceuticals & Personal Care, Retail, Logistics and Others), By Component (Facestock, Adhesive, and Release Coating) and Regional Forecast, 2020-2027".
The linerless labels market Drivers and Restraints :
Brand recognition plays a vital role when it comes to the sales of food products worldwide. Labeling is a significant part of branding. The utilization of food-safe and attractive labels helps the food and beverage industry to grow. In the Latin American and Asian countries, namely, Brazil, Japan, and Southeast Asia, food products, such as fruits, bacon, and ham are packed with linerfree labels. Also, several ruling bodies have put forward strict norms and regulations regarding the information that is to be printed on the labels of food products.
Unlike conventional labels, linerless labels market are capable of including 30% more print. In addition to this, manufacturers won't have to change the dimensions of linerless labels and thus, they can be easily used instead of the traditional ones. They are also cost-effective and hence, are very popular in the food and beverage sector. The expansion of food and beverage industry across the globe is likely to contribute to the growth of the backingless labels market growth in the coming years. However, the regular shapes of linerless labels may not fulfil the requirements for a novel trademark. It may hamper growth.
List of the Key Companies Profiled in the linerless labels market Research Report are:
• Coveris
• Avery Dennison Corporation
• Ravenwood Packaging
• Innovia Films
• Constantania Flexibles
• Lexit Group AS
• RR Donnelley & Sons Company
• Gipako UAB
• Hub Labels
• Cenveo Corporation
• Reflex Labels Ltd.
• Skanem AS
• NAStar Inc.
• 3M
• Optimum Group
• SATO Europe GmbH
• Tereoka Seiko Co., Ltd.
• L&N Label Company
• Proprint Group
• DuraFast Label Company
• Bizerba Australia
• Bostik
• Dykam A.C.A. Ltd.
• Weber Packaging Solutions
• Other key players
To gain more insights into the market with a detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/linerless-labels-market-102778
Some of the key industry developments in the Permanent magnet Market Include:
• January 2020: Bostik unveiled its new linerless label adhesive. It is mainly designed to improve efficiencies of production line and deliver sustainable packaging, especially for quick service restaurant applications.
• May 2019: R.R. Donnelley & Sons Company (RRD) announced the broadening of its label manufacturing platform. It added a 26" linerless press for this expansion. The press was developed by ETI Converting Equipment.