Multipanel Labels are labels that allow display of additional information on packaging without increasing the packaging footprint. These multipanel labels provide companies a novel means of expanding their brand name without significantly changing packaging line operations. There are a wide variety multipanel labels and shapes to choose from, while most commonly multipanel labels are attached to bottles, cartons, syringes, vials, packaged food items, etc. Companies benefit from opting multipanel label shapes which are most eye-catching.
Get the Full Report at:
In the multipanel labels, there are lots of information provided which can be published such as information about health and safety warnings, promotions, redeemable coupons, adding diagrams of how to cook and sometimes instructions of how to use a particular product in a diagrammatic format and many others. Therefore, multipanel labels reduces the overall complexity and cost of packaging procurement by replacing multiple stock keeping units with one, larger unit. Companies generally utilize multi-panel labels in three main ways such as Bi-view, Tri-view and Fix-a-Form way. The market for multipanel labels is expected to grow at a healthy rate over the forecast period.
Global Multipanel Labels Market Dynamics:
The Multipanel Labels market is anticipated to be driven by the growing demand for multipanel labels in food and beverage, pharmaceutical, home care and personal care & cosmetics, and packaging industry. Stable growth in these end-use industries is forecast to boost sales of multipanel labels over the forecast period. Furthermore, growing inclination of consumers towards packaged food products is expected to drive future growth of the global multipanel labels market. Macro-economic factors such as growing urban population, increasing per capita income and increasing standard of living of people, particularly in the developing economies, are expected to propel market growth. However, global multipanel labels market is gradually becoming fragmented which is estimated to push the global multipanel label industry to operate under tough competition.
Global Multipanel Labels Market Segmentation:
The global Multipanel Labels market is segmented on the basis of adhesive technology which includes pressure adhesive sensitive technology and heat sensitive adhesive technology. On the basis of end-use industry, the global multipanel labels market are segmented into food and beverage, pharmaceutical, personal care products & cosmetics and packaging industry. The global multipanel labels market can further be segmented on the basis of material type into: plastic, paper and metallized films.
Global Multipanel Labels Market: Regional Outlook
Geographically, the Multipanel Labels market can be divided by major regions which include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle-East & Africa and Japan. Europe is forecast to dominate the global Multipanel Labels market in terms of consumption and is also estimated to be the fastest growing market over the forecast period. Asia-Pacific holds the second position followed by North America and Middle-East and Africa is estimated to grow in Global Multipanel Labels Market. The major factors for the growth of Asia-Pacific multipanel labels market are growing urban population, increasing per capita income and increasing standard of living. The rapid growth of economies in Middle East and Africa is estimated to show a significant growth in the global multipanel labels market.
Get the Sample Report at:
Global Multipanel Labels Market Players
The key players identified across the value chain of global Multipanel Labels market include Label Print America, Edwards Label Inc., AD Tape & Label Co Inc., Nosco Inc., Sleevo Co,Inc., CCL Industries, Pamco Printed Tape & Label Co., Inc., Accraply Inc. , Commerce Label, Inc. and others. The companies are emphasizing on research and development and new product development in order to maintain the competitive advantage in global Multipanel Labels market during the forecast period.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453