The key players in the pressure labels market are Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), Constantia Flexibles (Austria), UPM (Finland), and 3M (U.S.). The other players in the market are Henkel AG & Co. KGaA (Germany), Mondi Group (South Africa), Coveris Holdings S.A. (U.S.), H.B Fuller (U.S.), and Torraspapel Adestor (Spain). These players have adopted various strategies to expand their global presence and increase their market share. Expansions, agreements, acquisitions, and new product launches & joint ventures are some of the major strategies adopted by the market players to achieve growth in the market.
The major players adopted the strategy of agreements, acquisitions, and new product launches & joint ventures. CCL Industries Inc. (Canada) acquired Bandfix AG (Switzerland) for USD 17.9 million. Bandfix produces Specialty labels for European customers. Constantia Flexibles (Austria) acquired the flexible packaging company Afripack (South Africa). Afripack is the second largest flexible packaging company in South Africa and Sub-Saharan Africa. Henkel Ag & Co. (Germany) established a new adhesive factory in India and is expected to start production by early 2017. This investment is a part of the company’s global strategy of expanding capacities and growing in emerging markets.
Global pressure labels manufacturers and vendors are continuously adding innovation to their products and services to protect the enterprise networks against advanced persistent threats. Also, pressure labels are being increasingly adopted in various verticals such as food & beverages, pharmaceuticals, consumer durables, and home & personal care, which have led to the growth of the market across the globe. Asia-Pacific is expected to have the largest market share during the forecast period with the highest potential for growth opportunities.
The report “Pressure Labels Market by Type (Release Liner, Linerless), Composition (Facestock, Adhesives, Others), Printing technology (Digital Printing, Flexography, Others), & Mode of Application (Water-Based, Solvent-Based, Others) Global Forecast to 2020”, The pressure labels market size is estimated to grow from USD 74.14 Billion in 2015 to USD 92.46 Billion by 2020, at a CAGR of 4.52%.
Browse 214 market data Tables and 56 Figures spread through 232 Pages and in-depth TOC on “Pressure Labels Market”
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