Overview of the hottest global label market

2022-08-03
  • Detail

Overview of global label market

release date: Source: label technology editor: Yu Jia number of Views: 2399 copyright and disclaimer

core tip: in the era of big data, people usually speak with data! No, in order to let the partners know the current situation of the global and European label market, the label king has finally compiled the data. Come and have a look

[China Packaging News] in the era of big data, people usually talk about data! No, in order to let the partners know the current situation of the global and European label market, the label king has finally compiled the data. Come and have a look

overview of the global label market

according to the research conducted by awa on the panoramic survey and development trend of the global label market in 2016, the total global label output in 2016 was 59331million square meters, excluding the total amount of raw materials that have not yet reached the printing plant. It can be seen from the data shown in Figure 1 that the global total label output increased year by year from 2009 to 2016 by adjusting the buffer valve handle to align it with the pipeline. It is expected that it will continue to increase from 2017 to 2019, with the annual growth rate basically unchanged and showing a stable trend. In addition, from the annual growth rate of the total output of the global label market and the curve trend of GDP, the two are closely related, that is, the growth of the total output of the global label drives the growth of the global GDP

Figure 1 overview of total global label production from 2009 to 2019

in addition, according to the statistics of awa, labels in Asia may directly make it impossible to detect the total market consumption of more than 25 billion square meters in 2016, accounting for 43% of the total global label market consumption, ranking first; Followed by Europe, accounting for about 25%; North America accounts for 17%, ranking third; South America, Africa and the Middle East account for less, accounting for 15%, as shown in Figure 2

Figure 2 the proportion of label market consumption in all regions of the world in 2016

from the perspective of the market share of label segments, the output of self-adhesive labels accounts for the largest proportion of global label output, accounting for more than 40%; The second is wet label and surround label, whose combined output accounts for about 35% of the total global label output; In terms of cost, the output of other types of labels, such as heat shrinkable labels, stretch labels and in mold labels, accounts for about 20% of the total output of labels in the world. As shown in Figure 3

Figure 3 proportion of label segmentation categories in all regions of the world

from the compound annual growth rate of label segmentation categories, the compound annual growth rate of heat shrinkable sleeve labels was the highest from 2017 to 2019, about 5%; The second is in mold label and self-adhesive label, with a compound annual growth rate of more than 4%; The compound annual growth rate of wet adhesive label, surround label and stretch label is about 2.5%, as shown in Figure 4

figure 4017 ~ 2019 comparison of compound annual growth rate of label classification in different regions of the world (the color label is the same as Figure 3)

from the data comparison shown in Figure 3 and Figure 4, although the output of wet label and surrounding label accounts for a large proportion of global label output, the compound annual growth rate is lower than that of heat shrinkable sleeve label, self-adhesive label and in mold label, This indicates that the market share of wet adhesive labels and surrounding labels will gradually shrink, and are being occupied by some relatively high-quality labels such as in mold labels and heat shrinkable sleeve labels. In the future, the label market will be occupied by self-adhesive labels, in mold labels and heat shrinkable film sleeve labels

overview of European label market

in 2016, the total label production in the whole European region was 14854million square meters, with a compound annual growth rate of about 2%, which is lower than the compound annual growth rate of global labels (about 3.5%). It is expected that the total label production in the European region will continue to grow from 2017 to 2019, with a compound growth rate of about 2%. As shown in Figure 5

Figure 5 overview of total label production and compound growth rate in Europe from 2009 to 2019

from the market share of label segments in Europe, the output share of self-adhesive labels is the largest, followed by wet label and surround label, and heat shrinkable sleeve label is the third, as shown in Figure 6. From the comparison between figure 3 and figure 5, the proportion of self-adhesive labels in Europe is higher than that in the global label market, and the proportion of heat shrinkable labels in Europe is lower than that in the global label market, which shows that consumers in Europe prefer self-adhesive labels, wet adhesive labels and surround labels, while they pay relatively little attention to heat shrinkable labels, in mold labels, etc

Figure 6 proportion of label segmentation categories in Europe

Copyright © 2011 JIN SHI