LONDON--(BUSINESS WIRE)--Technavio has announced the top seven leading vendors in their recent global pressure sensitive labels market report. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
The primary demand for pressure sensitive labels arise from the alcohol beverage market valued at USD 1,200.5 billion in 2015. Branding plays an important role in this market as it helps in differentiating the product from other brands and improves the shelf-appeal. Value added attributes of pressure sensitive labels such as embossing, stamping, and complex die cutting increase the quality and clarity of labels and help the product to stand out from other brands.
Competitive scenario
According to the report, the global pressure sensitive labels market has a large number of vendors manufacturing innovative and technologically advanced pressure sensitive labels. The market is highly competitive as vendors compete on the basis of product differentiation, pricing, and portfolios. The vendors are concentrating on expanding their geographical footprint by establishing manufacturing units, especially in emerging nations such as APAC.
“Mergers and acquisition have been the key strategies adopted by the vendors in the market. Companies have engaged in strategic expansions and invested in new product development to increase the spectrum of product offerings and meet the needs of the end-market requirements,” says Sharan Raj, a lead tags and labels analyst from Technavio.
Vendors in the pressure sensitive labels market constantly focus on agreements, expansions, investments, mergers and acquisitions to increase market share. During the forecast period, vendors will focus on emerging countries such as China, Japan, India, and Southeast Asia that show high potential for development and innovation in the market.
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Top seven pressure sensitive labels market vendors
Constantia Flexibles
Constantia Flexibles provides self-adhesive, pressure-sensitive labels that have a glue-free labeling option. It provides pressure-sensitive labels to the beverages, food, home and personal care, chemical and industrial, and pharmaceutical markets.
Henkel
Henkel specializes in laundry and home care, adhesive technology, and beauty care businesses worldwide. Some of its brands include Persil, Schwarzkopf and Loctite.
As of December 2014, Henkel employed around 49,750 people. The company spent approximately USD 549 million on R&D in FY2014. It has more than 8,000 patents worldwide. The company reported net revenue of USD 21.73 billion and USD 21.84 billion in FY2013 and FY2014 respectively.
Avery Dennison
Avery Dennison produces and markets pressure sensitive materials and converted products such as tickets and labels. It markets its products to apparel manufacturers, retailers, and brand owners. The company operates about 180 manufacturing and distribution facilities worldwide and had operations in more than 50 countries. For FY2015, the company reported revenue of USD 5.96 billion.
The company's businesses comprise production of pressure-sensitive materials and converted products such as tickets, tags, and labels. Some pressure-sensitive materials are sold to converters that convert materials into labels and other products through printing, embossing, die-cutting, and stamping; and label printers.
CCL Industries
CCL Industries is a converter of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications. The company serves the home and personal care, premium food and beverage, healthcare and specialty, automotive and durables, and consumer markets worldwide.
The company provides innovative label solutions for consumer product marketing companies such as personal and beauty care, the food and beverage sector, households, and chemical companies. It also supplies products to major pharmaceutical, healthcare, automotive, durable goods, and industrial chemical companies.
Lintec
Lintec manufactures adhesives and specialty products. As of March 2015, the company had 4,413 employees working globally, generated revenue of USD 1.89 billion, and spent USD 0.062 billion on R&D expenses. The company operates in Europe, Japan, the Middle East, APAC, Americas, and Greater China.
The company manufactures products such as semiconductor related tapes, coated film for multilayer ceramic capacitor production, semiconductor-related equipment, LCD similar adhesive products.
3M
3M is a global company engaged in the product development, manufacturing, and marketing of a range of products for the industrial, safety, graphics, electronics, energy, healthcare, and consumer markets.
The electronics business manufactures products for LCD computer monitors, LCD televisions, mobile phones and tablets, notebook PCs, and automotive displays markets. The energy business provides electrical products, including infrastructure protection, telecommunications, and renewable energy for the electrical and telecommunications markets.
Inland Labels
Inland Labels is a privately held label printing company that supplies customized solutions for wine, beer and other spirit labels, beverage labels, food labels and other household products.
Inland supplies customized solutions for beer, wine, and other spirit labels; beverage labels; food labels; and household products and store brand labels. It also provides marketing and brand management solutions through its in*Tech division.
The other prominent vendors are:
- UPM Raflatac
- Technicote
- NSD International
- NAStar
- Reflex Labels
Browse Related Reports:
- Global Sleeve Label Market 2016-2020
- Global Warning Labels and Stickers Market 2016-2020
- Global Pressure-Sensitive Adhesives Market 2016-2020
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