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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’s market research analyst predicts the global warning labels and stickers market to grow at a CAGR of around 5% by 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.
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.
Chemical labels help to classify harmful material storage, chemical containment zones, and acids or solvents. These labels convey useful information and warnings, which in turn help to increase worker safety and prevent injuries. Additionally, these labels also aid to keep the facility in compliance with safety regulations.
In this market study, analysts have estimated the EMEA region to account for a market share of more than 43% by 2020. 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. Also, the development of innovative pressure-sensitive warning labels by the manufacturers in this region will result in the strong growth of the market in this region during the forecast period.
The global warning labels and stickers 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.
The leading vendors in the market are -
Other prominent vendors in the market include Advanced Labels, Allen Plastic, Axon, Clabro Label, Classic Label, Consolidated Label, Edwards Label, Jet Label, MCC Label, Mercian Labels, Metro Label, PDC International, Printpack, Progressive Label, Sticky Labels, and Taylor Label.
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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