Pressure Sensitive Labels Market Size and Companies
The global pressure sensitive labels market is estimated to reach USD 162.41 billion by 2034, up from USD 94.73 billion in 2023, at a compound annual growth rate (CAGR) of 5.15% from 2024 to 2034.
Recent Developments by Key Market Players
- In April 2023, Rayoface AQBSA, a novel printable coated cavitated white BOPP facestock film, was launched by Innovia Films specifically for pressure-sensitive labeling applications. The film has an adhesive receptive coated surface on the back side and a printable top coating. It is 58 microns thick. With 91 percent opaqueness, Rayoface AQBSA offers a white surface that can be used in a variety of industry sectors, including the food and beverage, personal care, and various other packaged goods for consumers industries.
- In August 2023, Avery Dennison introduced a groundbreaking generation of linerless decorative alternatives to minimize the packaging waste. These decorative linerless products, AD LinrSave and AD LinrConvert, are made possible by unique micro-perforation technology. They will guarantee the performance and consumer attractiveness of pressure-sensitive labels while significantly reducing label waste, CO2, and water footprint. This is the next phase of Avery Dennison's innovation journey, allowing the sector to move toward a future that is more connected and sustainable.
Key Market Players
Here are the key players in the pressure-sensitive labels market:
- Avery Dennison Corporation
- CCL Industries Inc.
- UPM Raflatac
- 3M Company
- LINTEC Corporation
- Herma GmbH
- Mondi Group
- Fuji Seal International, Inc.
- Multi-Color Corporation
- Coveris Holdings S.A.
- Constantia Flexibles
- WS Packaging Group, Inc.
- Skanem Group
- Bemis Company, Inc.