Some
of the prominent participants in the global waterproof and
weatherproof labels market are Avery Dennison Corporation, Lintec
Corporation, Bemis Company, Inc., UPM Raflatac Ltd, 3M Company, CCL
Label, Inc WS Packaging Group, Inc., Herma Gmbh, Fuji Seal
International, INC., PMC Label, Robos GmbH & Co. KG,
Ahlstrom-Munksjö, LabTAG.com., Brady Worldwide, Inc., NFI Corp, ZIH
Corp, Advanced Barcode & Label Technologies, Inc., Weber
Packaging Solutions, Inc., and SYMBIO, INC.
As
per a report by Transparency Market Research, the global waterproof
and weatherproof labels market will likely expand at a 5.0% CAGR
during the period between 2017 and 2025 to become worth US$23 billion
by 2025 from US$16.09 billion in 2017.
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exclusive Sample of this report:
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Depending
upon the printing technology, the global waterproof and weatherproof
labels market can be segmented into lithographic printed labels,
digital printed labels, thermal printed labels, and flexographic
printed labels. Of them, the digital printing technology is predicted
to expand by registering a CAGR of 5.2% in the forecast period.
Geography-wise,
the key segments of the global waterproof and weatherproof labels
market are North America, Latin America, Europe, Asia Pacific, and
the Middle East and Africa. Among them, the market in Asia Pacific
runs the show with most of the market share. In the years ahead too,
the region is slated to maintain its dominant share by registering
maximum CAGR of 6.6%. The market in Asia Pacific is being primarily
powered by China, which has a massive manufacturing sector. The
explosive growth in modern retail outlets in India and the rest of
the region is also serving to underpin the growth in the market.
Durability,
Leading to Better Brand Visibility, Drives Applications in Various
Sectors
Waterproof
and weatherproof labels are resistant to abrasion and also to
changing climate. This unique perceived benefit is serving to boost
their uptake majorly. Further, it also helps to bring about ease of
tracking and convenience in handling of products during
transportation and storage. This is also proving beneficial to the
market.
“Traditionally
waterproof and weatherproof labels were used for labeling of chemical
and hazardous products. However, recently they are finding increasing
application in the food, beverages, and consumer goods market on
account of their ability to last longer and thereby improve the
visibility of the brand logo and name of the company,” explains the
lead analyst of the TMR report.
Surface
Printing Poses Challenge to Market
A
noticeable trend in the global waterproof
and weatherproof labels market is the use of foil on account
of their ability to prevent moisture from entering and other mitigate
effects of other environmental conditions. Despite costing more than
regular labels, waterproof and weatherproof labels are seeing demand
due to their ability boost visibility of their brand logo or company
name.
Posing
a challenge to the global market for waterproof and weatherproof
labels on the other hand is the rising use of surface printing, as it
does away with the need for labels altogether.
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