Functional Labels Market – Global Industry Analysis and Forecast (2023-2029)

Functional Labels Market is expected to reach US$ 68.25 Bn by 2029  from US$ 48.50 Bn in 2022 at a CAGR of 5% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Functional Labels Definition:

Functional Labels are used to provide maximum information and give the product more functional added value. Functional labels are used for reclosing and hanging packages, tamper-evident solutions, marking, and protection against counterfeit products. The main purpose of functional labels is to make the consumer aware of the product details by providing maximum information of the product on the label in a short space.Functional Labels MarketTo know about the Research Methodology :- Request Free Sample Report

Global Functional Labels Market Dynamics:

With the increase in population, the consumption of food and pharmaceutical products has also increased, which requires huge instructions, ingredients, and nutrition information to be mentioned on the product. Consumers nowadays are focusing on the packaging of the food they are consuming because of food safety concerns. A huge rise in the consumption of packaged foods and labeled food has increased the need for proper packaging of the products. The increasing efforts towards giving more functional value addition to the product has contributed to the growth of the Global Functional Labels Market. To stand in the competition of other manufacturers and those of the substitute products industries such as food and beverages, health, and beauty products have a huge demand for Functional Labels. The manufacturers of the product who make the original products spend huge costs and effort in building a market and brand image for their products. Various other methods are adopted like advanced product and market research, for proper positioning of the product in the market for brand building of the product and the company. Every industry product whether it may be ordinary consumable products to high-value lifesaving medicines functional labels play an important role. Counterfeiting has become a very serious problem for manufacturers, which can be resolved by the usage of Functional Labels. Functional Labels are equipped with bar codes and RFID technologies, which act as anti counterfeiters. Counterfeiting affects the revenue of the businesses of any industry and also lowers the brand image. Because of the Counterfeiting issue, it has become necessary for the manufacturers to use effective anti-counterfeiting technologies on labels to the products. The high cost of the machinery used in making the Functional labels for the product can act as a restraint to the growth of the Global Functional Labels Market. Also, the advancement in technologies has enabled counterfeiters to be increasingly capable of duplicating packaging, which is expected to hamper the growth of the Global Functional Labels Market.

Global Functional Labels Market Segment Analysis:

The report groups the Global Functional Labels Market in different segments by Type, Material, End-Use, and region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on End Use, the Global Functional Labels Market is segmented into Healthcare, Consumer Durables, Pharmaceuticals, Food & Beverage, and Others. The Food & Beverage segment was dominant in 2022 and is expected to command a market share of xx% by 2029. The increase of the e-commerce sector and the growing population have boosted the consumption of food products worldwide on, which Functional Labels are used. The use of Functional Labels is high in the pharmaceutical industry because of the need for detailed information about the product. Based on Type, the Global Functional Labels Market is segmented into peel-away labels, Bundling labels, Pressure-sensitive, booklet type, Collectable stickers, Resealable labels, and Multipack labels. The Peel away labels segment was dominant in 2022 and is expected to command a market share of xx% by 2029. Peel away labels are used to secure the product and easily peel away for the users handling of the product. Peel way labels enable to use of the same information on the label, which can be peeled off and stored and used again.

Global Functional Labels Market Regional Insights:

Asia Pacific is expected to command the largest market share of xx% by 2029 Because of the increasing population and urbanization, the need for consumer products has increased on a large scale in the region. With the growth of consumption of the products, the demand for functional labels by various industries has increased. The issues of counterfeiting are also high in the region especially the product manufacturers in the region of China have many issues of counterfeit products, thereby have boosted the need for proper packaging using the functional labels, which have the original barcodes to identify the duplicate and original brand product. The objective of the report is to present a comprehensive analysis of the Global Functional Labels Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Functional Labels Market dynamics, structure by analyzing the market segments and projects the Global Functional Labels Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Functional Labels Market make the report investor’s guide.

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Global Functional Labels Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 48.50 Bn.
Forecast Period 2022 to 2029 CAGR: 5% Market Size in 2027: US $ 68.25 Bn.
Segments Covered: by Material Clot or fabric labels Plastics or film labels Paper labels Metal foil labels Rubber
by Type Peel-away labels Bundling labels Pressure sensitive booklet type Collectable stickers Resealable labels Multipack labels
by End-use Consumer Durables Chemicals Pharmaceuticals Food & Beverage Others

Global Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Functional Labels Market Key Players

1.Lithotech corporate Ltd 2.Bidvest Paperplus 3.Fort Dearborn Company 4.Avery Dennison Corporation 5.Label and Narrow web 6.Avery Dennison Corporation 7.Henkel AG & Company 8.3M 9.CILS Ltd. 10.Cenveo Inc. 11.ILN 12.Saint Gobain SA 13.GR Label 14.Fuji Seal International, Inc. 15.GSM Graphics Arts 16.Brady Corporation 17.DuPont 18.H.B. Fuller Co. 19.Herma Labels 20.Flexcon Company, Inc. 21.Dunmore Corporation 22.CCL Industries Inc. 23.TSC Auto ID Frequently Asked Questions: 1. Which region has the largest share in Global Functional Labels Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Functional Labels Market? Ans: The Global Functional Labels Market is growing at a CAGR of 5% during forecasting period 2023-2029. 3. What is scope of the Global Functional Labels Market report? Ans: Global Functional Labels Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Functional Labels Market size in 2022? Ans: The Global Functional Labels Market was valued at US$ 48.50 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Functional Labels Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Functional Labels Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Functional Labels Market 3.4. Geographical Snapshot of the Functional Labels Market, By Manufacturer share 4. Global Functional Labels Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Functional Labels Market 5. Supply Side and Demand Side Indicators 6. Global Functional Labels Market Analysis and Forecast, 2020-2027 6.1. Global Functional Labels Market Size & Y-o-Y Growth Analysis. 7. Global Functional Labels Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.1.1. Peel-away labels 7.1.2. Bundling labels 7.1.3. Pressure sensitive 7.1.4. booklet type 7.1.5. Collectable stickers 7.1.6. Resealable labels 7.1.7. Multipack labels 7.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 7.2.1. Clot or fabric labels 7.2.2. Plastics or film labels 7.2.3. Paper labels 7.2.4. Metal foil labels 7.2.5. Rubber 7.3. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 7.3.1. Consumer Durables 7.3.2. Chemicals 7.3.3. Pharmaceuticals 7.3.4. Food & Beverage 7.3.5. Others 8. Global Functional Labels Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Functional Labels Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.1.1. Peel-away labels 9.1.2. Bundling labels 9.1.3. Pressure sensitive 9.1.4. booklet type 9.1.5. Collectable stickers 9.1.6. Resealable labels 9.1.7. Multipack labels 9.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 9.2.1. Clot or fabric labels 9.2.2. Plastics or film labels 9.2.3. Paper labels 9.2.4. Metal foil labels 9.2.5. Rubber 9.3. Market Size (Value) Estimates & Forecast By End-use, 2020-2027 9.3.1. Consumer Durables 9.3.2. Chemicals 9.3.3. Pharmaceuticals 9.3.4. Food & Beverage 9.3.5. Others 10. North America Functional Labels Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Functional Labels Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 12. Canada Functional Labels Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 13. Mexico Functional Labels Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 14. Europe Functional Labels Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 15. Europe Functional Labels Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Functional Labels Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 17. France Functional Labels Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 18. Germany Functional Labels Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 19. Italy Functional Labels Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 20. Spain Functional Labels Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 21. Sweden Functional Labels Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 22. CIS Countries Functional Labels Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 23. Rest of Europe Functional Labels Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 24. Asia Pacific Functional Labels Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 25. Asia Pacific Functional Labels Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Functional Labels Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 27. India Functional Labels Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 28. Japan Functional Labels Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 29. South Korea Functional Labels Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 30. Australia Functional Labels Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 31. ASEAN Functional Labels Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 32. Rest of Asia Pacific Functional Labels Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 33. Middle East Africa Functional Labels Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 34. Middle East Africa Functional Labels Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Functional Labels Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 36. GCC Countries Functional Labels Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 37. Egypt Functional Labels Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 38. Nigeria Functional Labels Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 39. Rest of ME&A Functional Labels Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 40. South America Functional Labels Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 41. South America Functional Labels Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Functional Labels Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 43. Argentina Functional Labels Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 44. Rest of South America Functional Labels Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Material, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By End-users, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Functional Labels Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Lithotech corporate Ltd 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Bidvest Paperplus 45.3.3. Fort Dearborn Company 45.3.4. Avery Dennison Corporation 45.3.5. Label and Narrow web 45.3.6. Avery Dennison Corporation 45.3.7. Henkel AG & Company 45.3.8. 3M 45.3.9. CILS Ltd. 45.3.10. Cenveo Inc. 45.3.11. ILN 45.3.12. Saint Gobain SA 45.3.13. GR Label 45.3.14. Fuji Seal International, Inc. 45.3.15. GSM Graphics Arts 45.3.16. Brady Corporation 45.3.17. DuPont 45.3.18. H.B. Fuller Co. 45.3.19. Herma Labels 45.3.20. Flexcon Company, Inc. 45.3.21. Dunmore Corporation 45.3.22. CCL Industries Inc. 45.3.23. TSC Auto ID 46. Primary Key Insights
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