Industrial Labels Market Worth 55.95 Billion USD by 2021

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period.

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Seattle, WA -- (SBWire) -- 06/20/2017 --The report "Industrial Labels Market by Type (Warning, Asset Tags), Material (Polymer, Metal), Industry (Transportation, Automotive), Mechanism (Pressure-sensitive, Glue-applied), Printing Technology, Identification Technology, and Region - Global Forecast to 2021", The market for industrial labels is projected to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market for industrial labels is growing due to increasing demand in end-use industries such as construction, automotive, consumer durables, transportation & logistics, and aerospace & defense.

Browse 132 market data Tables and 53 Figures spread through 188 Pages and in-depth TOC on "Industrial Labels Market by Type (Warning, Asset Tags), Material (Polymer, Metal), Industry (Transportation, Automotive), Mechanism (Pressure-sensitive, Glue-applied), Printing Technology, Identification Technology, and Region - Global Forecast to 2021"

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Warning/security labels type gain maximum traction during the forecast period

Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.

Transportation & logistics segment is projected to grow at the fastest rate during the forecast period

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments' initiatives to propel FDI have encouraged the industrial labels market to grow.

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Asia-Pacific to play a key role in the market for industrial labels

On the basis of key regions, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, excellent industrialization, a huge scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, consumer durables, logistics, marine, and aerospace have played a crucial role in the growth of the market for industrial labels in the Asia-Pacific region.

The key players considered in the report are:
-E. I. du Pont de Nemours and Company (DuPont) (U.S.)
-CCL Industries Inc. (Canada)
-Avery Dennison Corporation (U.S.)
-Brady Corporation (U.S.)
-Cenveo Corporation (U.S.)
-DUNMORE (U.S.)
-Henkel AG & Co. KGaA (Germany)
-H.B. Fuller (U.S.)
-3M (U.S.)
-Fuji Seal International, Inc. (Japan)

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