Market Overview

The demand for pressure-sensitive labels is growing significantly in the North American market owing to growing demand from the food & beverage industry and the proliferation of the packaging industry.

The North America pressure sensitive labels market is projected to grow at a 4.0% CAGR during the forecast period, 2021–2027. In 2020, the pressure sensitive labels market was dominated by the US with a 53.2% share, followed by Canada and Mexico with shares of 25.9% and 20.9%, respectively. Pressure-sensitive labels are the labeling solutions that require pressure to form a bond between the adhesive and the product.

They do not require water, solvent, or heat to adhere to the product. These labels can also be easily removed by simply peeling off the label from the surface. These labels are inexpensive and provide premium brand appeal.

These labels use paper, film, and foil as their primary label materials and can be used with a wide range of inks. Pressure-sensitive labels are utilized for everything from automotive products, chemical pails, and household goods to food and beverage containers, wine, and spirits bottles.

Market Segmentation

The North America pressure sensitive labels market has been segmented based on composition, technology, application, and country. Based on composition, the North America pressure sensitive labels market has been segmented into topcoat, face stock, adhesive, and liner.

The face stock segment is expected to grow at the fastest rate during the forecast period. In 2020, the face stock segment held a share of 28.1% of the North America pressure sensitive labels market.

Based on technology, the North America pressure sensitive labels market has been segmented into water-based, solvent-based, radiation, hot melt, and others. The water-based segment is expected to grow at the fastest rate during the forecast period. In 2020, the water-based segment held a 36.1% share of the North America pressure sensitive labels market.

Based on application, the North America pressure sensitive labels market has been segmented into food & beverages, pharmaceutical & healthcare, automotive and tires, chemicals, logistics, consumer electronics, personal care, and others. The food & beverages segment is expected to grow at the fastest rate during the forecast period. In 2020, the food & beverages segment held a share of 31.3% of the North America pressure sensitive labels market.

Regional Analysis

Based on country, the report on the North America Pressure sensitive labels market has been segmented into US, Canada, and Mexico.
US exhibits the largest regional market and is anticipated to lead the market during the review period.

Major Players

Multi Color Corporation, Avery Dennison, CCL Industries, Blue Label Packaging Company, Northern Label, Inc., and Labels West Inc. are some of the key players operating in the North American market.

The post North America Pressure Sensitive Labels Market Forecast to 2027 first appeared on CRI Report.