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Global Warning Labels & Stickers to Grow at a CAGR of 5% Between 2016 and 2020: Technavio

Published on 2016-01-27. Author : SpecialChem

This market research report includes a detailed segmentation of the global warning labels and stickers market by product type (chemicals labels, GHS labels, hazardous materials shipping, hazardous waste labels, arc flash labels, static awareness labels, and others). It also outlines the market shares for key regions such as the APAC, Americas, and EMEA. The leading vendors analyzed in this report are 3M, Avery Dennison, Brady, and Maverick Label.

Technavio
Fig. 1: Technavio

Technavio has released its new market research report, global warning labels and stickers market, which is expected to grow at a CAGR of 5% between 2016 and 2020. The recent increase in the demand for advanced warning labels, and new varieties, designs, shapes, and sizes of warning labels from manufacturers is a noteworthy factor that impels the sale of warning stickers and labels during the forecast period. EMEA will be the largest revenue contributor to the warning label and sticker market as most large-scale manufacturing processes are carried out in this region.

“Of late, the manufacturers are coming up with various new products in the warning labels and stickers portfolio such as clear-on labels, which provide a no-label look, and are used for premium products. These products provide absolute transparency, high aging resistance, good adhesion and clean label positioning. For instance, UV-curing hot-melt product provides removable labels, acrylate-based pressure-sensitive adhesives offer trouble-free labelling at exceptionally low temperature,” says Sharan Raj, Lead Analyst, Transportation & Logistics, Technavio Research.

The augmented demand for packaged foods and beverages is the key driver for the growth of this market. The recent increase in the global population coupled with the rising consumer income level will lead to a rise in the demand for packaged food and beverages. This increase in the demand for packaged food and beverages will bolster the usage of packaging and labeling solutions as it provides valuable information about the food products to the consumers.

The leading vendors in the global warning labels and stickers market include 3M, Avery Dennison, Brady, and Maverick Label. This market is highly fragmented and is witnessing a huge scope for innovation due to the growing demand for quality packaging and labeling. Since warning labels allow vendors to mention details about the regulations and safety procedures, it creates a positive impact in the consumer's mind and improves the vendor's position in the market.
 
About Technavio

The Technavio's team of over 300 specialized market research analysts continuously monitor and evaluate the pulse of the global market landscape. Enterprises of all sizes globally rely on our in-depth research and actionable market insights to start, expand, and diversify their business. From emerging technologies to emerging markets, Technavio's research reports provide clarity and guidance for current and future market scenarios.

Source: Technavio

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