Albany, NY -- (SBWire) -- 03/30/2019 --In order to gain a competitive edge, the leading players in the global security labels market offers technologically advanced packaging solutions. This is also intended towards strengthening their foothold by catering specific consumer needs. A report, titled "Security Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2028," thoroughly discusses various factors enabling growth in the market. It highlights various growth drivers and key restraints influencing its trajectory between 2018 – 2028. The report also offers valuable insights into key strategies adopted by the market players to gain competitive strength. The report is available for sale in ResearchMoz.us.

Security labels are pressure sensitive and heat-applied labels illustrating either the brand logo or some security information. These labels are three times stronger and durable than conventional labels and disintegrate when attempted to remove it. Security labels leave a pattern when peeled off and hence, can protect against any theft, as it can be used as a security seal.

Some properties of security labels such as its premium quality, minimal weight, and recyclability are factors that attract end-user industries such as food and beverages, pharmaceutical, and others. This results in increasing demand for security labels, thereby driving growth of the security labels market. Digital printing of security labels is an additional benefit for the global security labels market to attract the end-use industries and increase its market value during the forecast period.

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However, the additional price of the products as compared to the conventional labels is a major factor negatively affecting growth of the global security labels market. Not all the manufacturers prefer additional costs involved with the premium quality of plastic used for manufacturing labels, ink used for printing, and special compatible software required for the digital printing. Due to the increased cost of the security labels, most of the end users will not prefer this product. Thereby hampering growth of the global security labels market during the forecast period.

The global security labels market is segmented on the basis of identification methods such as holographic, bar codes, and radio-frequency identification. The bar code is a widely used identification method among others and is most cost-effective. It is leading among the different identification methods used across the world and is useful for gathering essential data. The global market is divided on the basis of the end-use application as cosmetics, food & beverages, consumer usable, electronics, retail, construction, and others. Food & beverage sector is projected to witness extensive growth in future owing to increasing demand for branded and packaged products.

Asia Pacific accounts for the largest market share owing a highly developing industrial network in this region. North America is projected to be the fastest growing market due to increasing awareness for the authenticity of information among people. China is expected to emerge as the largest consumer for security labels due to highest demand from food & beverage, pharmaceuticals, and consumer durables industry. India and Brazil are other regional segments that accounted for significant growth in the security labels market. Increasing population and disposable income in these regions is anticipated to witness growth in the future.

The report also profiles some of the leading players operating in the global security labels market. These include Bosch Packaging Technology, Krones AG, Gebo Cermex, Pro Mach Inc., Festo Corporation, Combi Packaging Systems LLC, IMA S.p.A., DS Smith plc, and Schneider Packaging Equipment.

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