Label Market in North America by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70449

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The label market in North America has the potential to grow by USD 4.58 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.06%.

This label market research in North America report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (pressure sensitive, glue applied, sleeve label, in mold, and others) and geography (US, Canada, and Mexico). The report also offers information on several market vendors, including 3M Co., Avery Dennison Corp., and CCL Industries Inc., among others.

What will the Label Market in North America Size be in 2021?

Label-Market-In-North-America-Market-Size-2020-2025

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Label Market in North America: Key Drivers and Trends

The increase in demand from end-user industries is notably driving the label market growth in North America, although factors such as labels impact pet bottles recyclability may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the label industry in North America get your FREE report sample now.

  • Labeling is an indispensable part of marketing as it impacts and influences consumer buying behavior. 
  • The market in focus is growing because of the significant increase in demand from end-user industries, such as food and beverages, chemicals, office products, pharmaceuticals, and consumer durables for the past few years. 
  • Labeling offers many benefits; it helps customers identify and differentiate the product and be aware of the ingredients in it. 
  • Labeling  plays a crucial role for manufacturers of pharmaceutical products, as it provides information about the ingredients used, as well as the manufacturing date and expiring date.
  • The end-user industry growth will drive the label market growth in North America. 
  • The use of color inkjet printing in labeling has gained significant attention among customers.
  • The customer rate of response to the marketing activities of companies has increased because of the use of color printing. 
  • The use of color printing aims at directing customers’ focus on the key points of products. 
  • New government regulations, which require the use of color, are leading businesses to completely overhaul the way they identify and label products, as well as driving investments in color labeling.
  • An increase in the demand for colored labeling will drive the growth of the focus market during the forecast period.

The label market analysis in North America report provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Label Market in North America Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • Avery Dennison Corp.
  • CCL Industries Inc.
  • Century Label
  • Fort Dearborn Co.
  • LINTEC Corp.
  • Mondi Group
  • Nova Label Co, Inc.
  • SATO America
  • Taylor Label

 

The label market in North America is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the label market in North America forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Countries for Label Market in North America?

Label-Market-In-North-America-Market-Share-by-Region-2020-2025

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82% of the market’s growth will originate from the US during the forecast period. Market growth in this country will be faster than the growth of the market in other countries.

The tremendous growth in the heat-shrink label market will facilitate the label market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Label Market in North America?

Label-Market-In-North-America-Market-Share-by-Type-2020-2025

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Pressure-sensitive labels are self-adhesive labels that do not require any fasteners, glue, heat, or water to form bands. Paper, coated paper films, and plastic films are the most common materials used to manufacture pressure-sensitive labels. These labels are gaining higher traction compared with other labels owing to their numerous advantageous properties. Moreover, the application of pressure-sensitive labels is much faster than other label types, which saves time and thereby improves efficiency. The growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the label market size in North America .

 

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What are the Key Factors Covered in this Label Market in North America Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive label market growth in North America during the next five years
  • Precise estimation of the label market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the label industry across the US, Canada, and Mexico
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of label vendors in North America 

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Research Framework

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.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The label market growth will increase by $4584.61 million during 2020-2025.
The label market is expected to grow at a CAGR of 2.06% during 2020-2025.
Technavio has segmented the label market by type (Pressure sensitive, Glue applied, Sleeve label, In mold, and Others) and geographic (US, Canada, and Mexico).
3M Co., Avery Dennison Corp., CCL Industries Inc., Century Label, Fort Dearborn Co., LINTEC Corp., Mondi Group, Nova Label Co, Inc., SATO America, Taylor Label are a few of the key vendors in the label market.
US will register the highest growth rate of 82.36% among the other regions. Therefore, the label market in US is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the label market growth are:
  • Increase in demand from end user industries
The label market vendors should focus on grabbing business opportunities from the pressure sensitive segment as it accounted for the largest market share in the base year.

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