The global warning labels and stickers market is expected to grow at a CAGR of more than 5% during the forecast period, 2017-2021.
Technavio has announced its latest market research report on the global warning labels and stickers market, under its tags and labels portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like 3M, Avery Dennison, Brady Corporation, Maverick Label, and CCL Industries.
According to Sharan Raj, a lead analyst for tags and labels research at Technavio, “Counterfeiting is a global issue affecting brand owners. From pharmaceuticals to automotive, high-end premium products are the most targeted due to the revenues that can be earned by counterfeiters. This is spurring vendors in the market to offer specialized labels and stickers that help prevent counterfieting, and hence, gain market shares.”
From the label materials and the inks to the printing methods used in production, vendors are creating customized security solutions for brands. They are offering solutions that involve novel constructions, which allow improved authentication.
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Growing initiatives to reduce waste
Wastage is one of the most noteworthy challenges within the label industry. Reducing wastage requires the use of biodegradable materials. The severity of the problem with respect to disposal of such waste has led to the increasing trend towards sustainable manufacturing of products. For instance, Avery Dennison has developed its CleanFlake portfolio to advance PET container recycling. It features a water-based, recyclable adhesive that cleanly separates during the recycling process.
Increasing M&As
The global warning labels and stickers market has been witnessing a number of M&A activities. Vendors are opting for M&A to increase and enhance their global presence and expand their product portfolios. M&As enable companies to expand their global customer base and their portfolio of products and solutions. This will drive the growth of the global warning labels and stickers market during the forecast period. For instance, during 2015, Brady partnered with MSDSonline (producer of cloud-based EHS solutions) to create new solutions based on the GHS as per OSHA’s new workplace labeling requirements.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Warning Labels and Stickers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Specialty Pressure-sensitive Tapes Market 2017-2021
- Global In-mold Label Market 2016-2020
- Global Synthetic Paper Market 2016-2020
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