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NewsAdhesives and Sealants TopicsMarket TrendsAdhesives & Sealants HeadlinesFinished Adhesives and SealantsPressure-Sensitive Adhesives (PSAs)

Report Shows Growth in Global Label Demand

Man reading news on tablet
April 26, 2023

Labeling and product decoration are critical to the packaging industry, combining the information to identify a product with the sales properties of branding and on-shelf visibility. The status of this market is documented in a report from Alexander Watson Associates (AWA) titled AWA Labeling and Product Decoration Annual Review 2023. It explores the different facets of the subject across the main labeling formats – pressure-sensitive, glue-applied, sleeving, and in-mold labels.

The study details the different end-use application segments, including primary product labeling, variable information printing, and security labeling, and sets them in the context of in-depth regional market analyses. In 2022, AWA estimates that global label demand was approximately 72,617 million sq m representing a growth of 2.3% over the prior year. While these figures span all label and product decoration technologies, 40% of these volumes were in pressure-sensitive labels, 35% in glue-applied labels, and 19% in the sleeve labeling technologies.

Regionally, Asia continues to claim the largest market share with 46% of the total. Europe has a 24% share, North America 18%, South America 8%, and Africa and the Middle East 4%.

To learn more, visit awa-bv.com. 


KEYWORDS: adhesives in packaging labels market trends

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