The global self-adhesive labels market is projected to be valued at around $36.92 billion by 2020, according to a recent report by Research and Markets.
The demand for self-adhesive labels is projected to grow at a compound annual growth rate (CAGR) of 4.81%, in terms of value, from 2015 to 2020. The self-adhesive labels market has reportedly been growing in accordance with the growth trends of the converting and packaging industries. Factors such as increasing urban population, demand for pharmaceutical supplies, increasing consumer awareness, and growth of the e-commerce industry have propelled the growth of the global self-adhesive labels market.