IMARC Group, a leading market research company, has recently releases report titled Warning Labels and Stickers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The study provides a detailed analysis of the industry, including the global warning labels and stickers market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the warning labels and stickers market?
The global warning labels and stickers market size reached US$ 11.72 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.28% during 2023-2028.
What is Warning Labels and Stickers?
Warning labels and stickers represent products that highlight potential hazards and risks associated with the utilization of the item. They comprise chemical, hazardous, electrical, and custom stickers and labels. Warning labels and stickers are made using numerous raw materials, including polyester, industrial vinyl, polypropylene, and fluorescent paper. They are applied to products, containers, machinery, equipment, bottles, cans, etc. Warning labels and stickers are high-quality and durable items capable of withstanding water, chemicals, abrasions, and fading. Consequently, they find wide applications across building and construction, pharmaceuticals, food and beverage (FB), logistics, transportation, and manufacturing industries.
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What are the growth prospects and trends in the warning labels and stickers industry?
The rising usage of these products to educate people about the dangers of tobacco, raise awareness against smoking, and depict its negative health effects through photorealistic images is primarily driving the warning labels and stickers market. Furthermore, the increasing utilization of labels and stickers in the electrical and electronics industry to identify potential hazards in electrical equipment and systems, such as microwaves, televisions, washing machines, smartphones, laptops, geysers, and mixers, is also augmenting the market growth. Apart from this, the widespread adoption of these products, as they allow businesses to convey specific warnings for items, processes, and situations while also providing promotional and branding information, is positively influencing the global market. Moreover, the escalating demand for sustainable manufacturing processes using water-based and recyclable adhesives is further bolstering the market growth. Besides this, the growing adoption of these products in pharmaceutical, cosmetics, and food supplement industries to warn consumers about potential risks and provide precautionary details is acting as another significant growth-inducing factor. Additionally, the increasing safety concerns among the masses and the development of innovative labeling solutions are expected to drive the warning labels and stickers market in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Chemical Labels
- Hazardous Labels
- Electrical Labels
- Custom Labels
- Others
Breakup by Sticking Method:
- Pressure Adhesive
- Printed
- Vacuum
- Impregnated
- Others
Breakup by Industry Vertical:
- Tobacco
- Electrical and Electronics
- Chemical
- Food and Beverage
- Pharmaceutical
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Advanced Labels
- Avery Dennison Corporation
- Brady Corporation
- CCL Design Stuttgart GmbH (CCL Industries Inc.)
- Edwards Label Inc.
- MaverickLabel.Com Inc.
- Multi-Color Corporation
- Paragon Print Systems Inc.
- Resource Label Group LLC
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