Self-adhesive Label Market size to record USD 15.79 billion growth from 2023-2027

The global self-adhesive label market size is estimated to grow by USD 15790.71 mn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.71% during the forecast period. Self-adhesive labels with 2D barcodes offer significant benefits in product identification and tracking.

These labels use patterns of squares and rectangles to encode data, including serial numbers, product info, and instructions. With high data capacity in a small space, they're ideal for labeling, inventory management, and logistics. In supply chains, they minimize errors and streamline processes. Keywords: self-adhesive labels, 2D barcodes, product identification, inventory management, logistics, supply chains, data capacity, product info, instructions, error minimization.

In the self-adhesive label market, 2D barcodes have revolutionized product identification and tracking. These advanced labels, with their adhesive side adhering to various surfaces, offer significant advantages. With high reel capacity, they minimize transportation costs, making them cost-effective for industries using BOPP (Biaxially Oriented Polypropylene) or polymer films. Wraparound labels for bottles and package labeling benefit from 2D barcodes' ability to store vast data, including date of manufacture and net content, ensuring product safety and minimizing paper waste. In the ecommerce market and cosmetics industry, where aesthetic characteristics are crucial, 2D barcodes provide essential information, such as ingredient lists and product identification. Supply chains have seen production halts and growth trajectory shifts, making sustainable practices, like linerless labels, increasingly important. As consumers and marketers demand transparency, 2D barcodes play an essential role in providing ingredient information and product identification, ultimately attracting potential consumers.

The self-adhesive label market faces challenges in supply chains due to production halts, yet maintains a growth trajectory driven by consumer demand for convenience and product identification. Substitutes like wet glue labels, with their sustainable practices and superior adhesive strength, pose competition. Larger players in Packaging and labeling, such as Hindustan Unilever and Britannia, invest in capacity expansions and adhesive technology to cater to the abovementioned factors' largest base. Electronics production and personal devices fuel domestic demand, driven by increasing disposable incomes and a growing middleclass population. Labels serve essential roles in providing ingredient information, product identification, and cautionary notifications, adhering to legal requirements. Marketers target potential consumers through ecommerce platforms like Flipkart, while the growth of artisans and weavers sparks innovation with RFID-based and linerless labels. Pressuresensitive labels, release liners, and film release liners continue to evolve, addressing the needs of healthcare products and medical equipment in the economic growth and demographic dividend era. Tiny particles of adhesive technology ensure a strong bond, enabling labels to withstand various applications and pressures.