[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Label Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

August 2024 | 150 pages | ID: LB333C833C7FEN
Lucintel

US$ 4,850.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
2 – 3 business days after placing order

Label Adhesive Trends and Forecast

The future of the global label adhesive market looks promising with opportunities in the food & beverage, pharmaceutical, personal care, industrial label, retailers & supermarket, and logistic markets. The global label adhesive market is expected to reach an estimated $25.6 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing use of permanent label adhesives combined with developments in adhesive technology, rising demand from producers of labels and tapes used for promotional purposes, as well as, growth in the market for label adhesive that is low-VOC and sustainable and green.

Lucintel forecasts that water-based label adhesives is expected to witness the higher growth over the forecast period due to the strong resistance to a broad variety of temperatures.

APAC is expected to witness highest growth over the forecast period due to the rapid growth of the consumer and packaging sectors, as well as the growth of disposable income and consumption of packaged goods.

Emerging Trends in the Label Adhesive Market

Label adhesive industry is undergoing transformation which has been characterized by several top trends. These trends act as a proof of technological developments, environmental friendliness and changes in consumer preferences.
  • Sustainable Adhesive Solutions: The increase in green label adhesives that can be easily recycled or manufactured from renewable resources is a clear indication of the growing demand for eco-friendly products. This trend has been driven by increased environmental awareness and regulatory pressures. Companies are creating adhesives that reduce waste and enhance recyclability so as to align with global sustainability goals.
  • Technological Innovations: There have been improvements in adhesive technologies leading to better performance and functionality. Some of these innovations include pressure-sensitive adhesives with stronger bonding capabilities and special adhesives meant for use under extreme conditions. Such advances make it possible to use labels more flexibly thereby increasing efficiency throughout labeling procedures across industries.
  • Customization and High-Performance Requirements: There is a need for tailor-made label adhesives that meet specific requirements such as resistance to extremes of temperature or chemicals exposure. This trend is propelled by different needs within the sectors like pharmaceuticals and food packaging among others. They are therefore investing in custom-made solutions that will address the above high-performance criteria accordingly.
  • Regulatory Compliance and Safety: Label adhesive market is affected by more complex regulation regarding product safety, environment pollution, etc. In addition, all companies should be sure their adhesives meet strict regulatory standards concerning safety and environment protection3. Consequently, this leads to developments in adhesive formulations and production processes aimed at ensuring compliance with changing regulations.
  • Growth in E-Commerce and Packaging: With e-commerce expanding rapidly, there is increased demand for durable label adhesives that can stick on different packing materials. This means there must be special labels made to adhere well on surfaces at home even while travelling over long distances through various types of transport systems like airway or waterway routes among others .This has pushed the manufacturers to high quality adhesives.
These trends redefine the market by focusing on sustainability, innovation, and customization that will help drive growth and shape future industry.

Recent Developments in the Label Adhesive Market

The label adhesive market is changing significantly due to technological advancements, increased preference for sustainability, and changes in industry standards. The following are some of the latest developments:
  • Progress in the Eco-Friendly Adhesives: As companies increase their production of adhesives that can be made from renewable materials and recyclable, there is a growing awareness of the ecological consequences attached to consumerism. The above-mentioned improvements have ensured that global sustainability goals are met.
  • Enhanced Technological Development: Innovations in adhesive technology, such as improved pressure-sensitive adhesives and novel curing techniques, have led to increased effectiveness and interchangeability. New developments now allow for various applications like those used in high temperatures and on challenging substrates.
  • Explosion of Industrial Uses: The industrial sector is driving growth in the market for label adhesives found in cars, electronics and logistics. More durable, highly functional adhesives are being required as adhesive markets grow larger with this introduction; hence manufacturers work hard on the compliant adhesive formulations meant for specific industries.
  • Improved Regulation Adherence: Regulations that deal with safety and how adhesives affect the environment are becoming more stringent thereby affecting adhesive manufacturing and composition. With ever evolving standards, companies are investing in technologies and processes so as to remain compliant which leads to innovation, higher costs but also increases product credibility.
  • Emerging Market Opportunities: Labeling adhesive demand in emerging markets especially Asia Pacific has grown rapidly due to expansion of both industrial and consumer sectors. In response to this growing market segment, firms have increased their production capacities while focusing on cost-effective ways thus boosting overall industry growth.
Thus, these developments impact technological advancements sustainability in emerging regions resulting into new dynamics or opportunities within label adhesive market at large.

Strategic Growth Opportunities for Label Adhesive Market

The market for label adhesives presents multiple strategic growth prospects across different applications. Identification and exploitation of such opportunities can facilitate expansion of the market and innovation.
  • Pharmaceutical Packaging: The demand for secure, good quality tamper evident labels in pharmaceutical packaging is increasing. There are significant growth opportunities for label adhesives that satisfy stringent safety and regulatory requirements. By making advanced adhesives that improve product integrity and compliance, companies can exploit this demand.
  • Food and Beverage Labeling: Adhesives used in food and beverage industries must have ability to withstand varying temperatures as well as moisture levels. Some potential areas of growth include the development of adhesive formulations which ensure long life expectancy on labels while still adhering to global food safety regulations. Innovations within this sphere may be tailor-made to suit specific packaging needs in this industry segment.
  • E-Commerce Packaging: The advent of e-commerce has led to need for durable, versatile label adhesives capable of sticking to various packaging materials during transportation and handling. Opportunities exist in creating e-commerce application-specific highly adhesive products with durability.
  • Cosmetics and Personal Care: Superior aesthetic appeal, beauty, and functionality characterizes high-quality cosmetic labels demanded by the cosmetics industry today. Thus, producers should focus on developing glues for products that exhibit best printing as well as designing capabilities that adhere properly onto numerous types of cosmetic containers.
  • Industrial and Automotive Applications: There is an increased demand for high-performance adhesives in the industrial and automotive sectors.. This will involve coming up with extreme condition tolerant, but strong bonding adhesives meant for various applications. Inventions within this area can meet these unique requirements that are particular to these demanding regions.
These growth opportunities are influencing the label adhesive market by driving innovation and expanding applications across diverse industries, creating new avenues for market development.

Label Adhesive Market Driver and Challenges

The label adhesive market is influenced by a variety of drivers and challenges like technological advancements, regulatory factors, and market demands. It’s vital to understand these elements when navigating the market landscape.

The factors responsible for driving the label adhesive market include:

1. Technological Advancements: Market growth is driven by adhesive technology innovations that enhance performance, versatility, and efficiency. New developments such as advanced formulations and production techniques are enabling adhesives to meet diverse application needs and improving market offerings.

2. Sustainability Trends: The market is being shaped by a demand for eco-friendly and sustainable adhesive solutions. This trend has led to companies investing in environmentally friendly materials and production processes aimed at reducing the impact on the environment requested by consumers and regulators. Thus it induces innovation which helps grow the market.

3. Regulatory Compliance: The regulations pertaining to product safety, environmental impact, label requirements etc. has become stricter thus impacting the market. These company must ensure their adhesives conform to these rules which increases operating costs because they must invest on new technologies forcing them into high operational costs.

4. Evolving Consumer Preferences: Changing consumer preferences for high-quality, aesthetic, and functional labels are influencing the market. Through this method companies can develop innovative adhesive solutions that improve product appeal while at the same time expanding markets through competition.

Challenges in the label adhesive market are:

1. Raw Material Costs: Variations in raw material costs used in adhesive manufacturing can affect profitability. It requires an effective supply chain management framework aimed at achieving cost control measures that will maintain financial stability as well as competitiveness in pricing due to changing prices of raw materials.

2. Environmental Impact: Addressing the environmental impact of adhesive production such as waste generation or emissions is a major challenge. Companies are therefore undertaking cleaner production methods and practices that would lead them towards meeting with environment standards outlined in Acts which may be costly though inevitable.

In summary these drivers and challenges shape the label adhesive market through influencing its growth opportunities, technological advances as well as regulatory compliance factors among others. Therefore companies have to address these factors so that they can be successful in a highly competitive and changing market environment.

List of Label Adhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies label adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the label adhesive companies profiled in this report include-
  • Henkel
  • Arkema
  • H.B.Fuller
  • 3M
  • Hexion
  • Dow Corning
  • Eastman Chemical
Label Adhesive by Segment

The study includes a forecast for the global label adhesive by product, application, and region.

Label Adhesive Market by Product [Analysis by Value from 2018 to 2030]:
  • Water-Based Label Adhesive
  • Solvent-Based Label Adhesive
Label Adhesive Market by Application [Analysis by Value from 2018 to 2030]:
  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Industrial Labels
  • Retailers & Supermarket
  • Logistics
  • Others
Label Adhesive Market by Region [Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
Country Wise Outlook for the Label Adhesive Market

The label adhesive market is continually changing and keeps on developing because of technological advancements, shifting consumer preferences, as well as changing regulations. This means that in areas such as the United States, China, Germany, India or Japan where major developments are taking place there will be a transformation and growth of the market as industries worldwide strive for enhanced performance and sustainability.
  • United States: In the US, a remarkable shift is observed towards sustainable and eco-friendly label adhesives. There are strides being made in biodegradable, recyclable adhesive technologies. What’s more, innovations in high-performance adhesives for various applications such as food and beverage packaging have added to the market offering. These changes are guided by a focus on regulatory compliance and a consumer preference of green products.
  • China: China has been increasing its investments in both production capabilities and technology for label adhesive industry .The country is focusing on developing high-quality adhesives to meet increasing domestic demand across industries such as retail and pharmaceuticals. Besides, there is an increased emphasis on research and development efforts aimed at improving the performance of adhesion as well as sustainability.
  • Germany: The German label adhesive market puts great significance on ecological sustainability and efficiency. Companies have invested heavily in advanced adhesive technologies that reduce waste and improve recyclability. The demand for top quality adhesives by automotive and consumer goods sectors also contributes towards this goal considering Germany’s wider environmental aspirations.
  • India: Industrial activity coupled with consumer demand drives rapid growth of India’s label adhesive market. Advanced adhesives are being adopted due to the expansion of retailing sector as well as packaging industry. Furthermore, there is an increasing interest in developing cost-effective yet high-performance adhesives addressing different applications within India’s growing industrial base.
  • Japan: Technological innovation coupled with high standards remains a hallmark of Japan’s label adhesive market performance. Corporations are using their resources to create excellent adhesion through advanced adhesive formulations .In addition, these companies are striving to produce highly durable glues while taking care not to violate stringent environmental requirements set out by Japanese administration about electronics & automotive use amongst others such things like regulations which require their products comply with environment laws thus meets demands from sectors including electronics or motor industry specifically where precision matters most
Features of the Global Label Adhesive Market

Market Size Estimates: Label adhesive market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Label adhesive market size by product, application, and region in terms of value ($B).

Regional Analysis: Label adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the label adhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the label adhesive market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

FAQ

Q1. What is the label adhesive market size?

Answer: The global label adhesive market is expected to reach an estimated $25.6 billion by 2030.

Q2. What is the growth forecast for label adhesive market?

Answer: The global label adhesive market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the label adhesive market?

Answer: The major drivers for this market are growing use of permanent label adhesives combined with developments in adhesive technology, rising demand from producers of labels and tapes used for promotional purposes, as well as, growth in the market for label adhesive that is low-VOC and sustainable and green.

Q4. What are the major segments for label adhesive market?

Answer: The future of the global label adhesive market looks promising with opportunities in the food & beverage, pharmaceutical, personal care, industrial label, retailers & supermarket, and logistic markets.

Q5. Who are the key label adhesive market companies?

Answer: Some of the key label adhesive companies are as follows:
  • Henkel
  • Arkema
  • H.B.Fuller
  • 3M
  • Hexion
  • Dow Corning
  • Eastman Chemical
Q6. Which label adhesive market segment will be the largest in future?

Answer: Lucintel forecasts that water-based label adhesives is expected to witness the higher growth over the forecast period due to the strong resistance to a broad variety of temperatures.

Q7. In label adhesive market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the rapid growth of the consumer and packaging sectors, as well as the growth of disposable income and consumption of packaged goods.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the label adhesive market by product (water-based label adhesive and solvent-based label adhesive), application (food & beverages, pharmaceuticals, personal care, industrial labels, retailers & supermarket, logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Label Adhesive Market, Label Adhesive Market Size, Label Adhesive Market Growth, Label Adhesive Market Analysis, Label Adhesive Market Report, Label Adhesive Market Share, Label Adhesive Market Trends, Label Adhesive Market Forecast, Label Adhesive Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.

Market Report
1. EXECUTIVE SUMMARY

2. GLOBAL LABEL ADHESIVE MARKET : MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Label Adhesive Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Label Adhesive Market by Product
  3.3.1: Water-Based Label Adhesive
  3.3.2: Solvent-Based Label Adhesive
3.4: Global Label Adhesive Market by Application
  3.4.1: Food & Beverages
  3.4.2: Pharmaceuticals
  3.4.3: Personal Care
  3.4.4: Industrial Labels
  3.4.5: Retailers & Supermarket
  3.4.6: Logistics
  3.4.7: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030

4.1: Global Label Adhesive Market by Region
4.2: North American Label Adhesive Market
  4.2.1: North American Label Adhesive Market by Product: Water-Based Label Adhesive and Solvent-Based Label Adhesive
  4.2.2: North American Label Adhesive Market by Application: Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers & Supermarket, Logistics, and Others
4.3: European Label Adhesive Market
  4.3.1: European Label Adhesive Market by Product: Water-Based Label Adhesive and Solvent-Based Label Adhesive
  4.3.2: European Label Adhesive Market by Application: Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers & Supermarket, Logistics, and Others
4.4: APAC Label Adhesive Market
  4.4.1: APAC Label Adhesive Market by Product: Water-Based Label Adhesive and Solvent-Based Label Adhesive
  4.4.2: APAC Label Adhesive Market by Application: Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers & Supermarket, Logistics, and Others
4.5: ROW Label Adhesive Market
  4.5.1: ROW Label Adhesive Market by Product: Water-Based Label Adhesive and Solvent-Based Label Adhesive
  4.5.2: ROW Label Adhesive Market by Application: Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers & Supermarket, Logistics, and Others

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Label Adhesive Market by Product
  6.1.2: Growth Opportunities for the Global Label Adhesive Market by Application
  6.1.3: Growth Opportunities for the Global Label Adhesive Market by Region
6.2: Emerging Trends in the Global Label Adhesive Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Label Adhesive Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Label Adhesive Market
  6.3.4: Certification and Licensing

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Henkel
7.2: Arkema
  7.1.1: H.B.Fuller
7.4: 3M
7.5: Hexion
7.6: Dow Corning
7.7: Eastman Chemical


More Publications