Global pressure sensitive labels market is likely to emerge with a valuation of US$112 bn by 2022.
Albany, NY -- (SBWIRE) -- 10/12/2017 -- Pressure Sensitive Label is basically a material which possesses an adhesive glue on the backing. After pressure is applied it sticks to most surfaces. The market for this material is in high demand across the logistics and retail sector. To study more about the pressure sensitive label market, a new research report has been added to the vast database of Market Research Hub (MRH). The report is titled "Pressure Sensitive Labels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022", which profiles various aspects of the market to present a comprehensive elaboration to the readers. Further, the various factors affecting the global pressure sensitive labels market are evaluated to deliver an accurate understanding of the various facets related to the growth trajectory.
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According to research analytics, the global pressure sensitive labels market was valued at US$86.8 bn in 2017 and is further anticipated to rise to a value of more than US$112 bn by 2022. Considering this pace, the concerned market is likely to exhibit a steady 5.2% CAGR during the forecast period 2017-2022.
The research report starts with the executive summary that includes market definition, market taxonomy and forecast analysis. Factors such as Y-o-Y growth and cost structure analysis are also part of this section. The global pressure sensitive labels market is also studied based on the dynamics of its end use industries. This report studies the various factors likely to affect the growth trajectory of the target market in the coming years.
It has been analyzed that, the logistics and transportation industry is expected to play a key role in the growth of the pressure sensitive labels market in the future due to its growing commercial scope. Geographically, the Asia Pacific except Japan region is likely to dominate the global pressure sensitive labels market with a revenue estimation of around US$35 bn in 2017. Furthermore, the steady growth prospects of the logistics, retail, transportation, and consumer electronics industry in countries such as China, Taiwan, India, and South Korea are working positively to boost the sector.
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The final section talks about the leading companies in the pressure sensitive labels market. Some of the prominent players are Avery Dennison Corporation, CCL Label Inc., Lintec, Henkel, Constantia Flexibles Group GmbH, 3M, Inland Labels, Coveris Holdings SA and Fuji Seal International, Inc.
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