Increasing regulations and safety standards across end-users to drive the market growth - Technavio
(PRUnderground) November 21st, 2023
The Warning Labels and Stickers Market size is set to grow by USD 4.25 billion, progressing at a CAGR of 5.27% from 2023 to 2028. To help businesses improve their market position, Technavio provides a detailed analysis of around 25 companies operating in the market. Some of these companies include 3M Co., Advanced Labels, CCL Industries Inc., CircleOne, Consolidated Label Co., DuraMark Technologies, Edwards Label Inc., Etsy Inc., Justrite Mfg. Co. LLC, MaverickLabel.Com, Inc., Mercian Labels, Multi Color Corp., ONLINE LABELS, LLC, Pro Mach Inc., SheetLabels, Taylor Corp., U.S. Nameplate Co, Avery Dennison Corp, Brady Corp., and Brimar Industries, LLC.
The rise in regulations and safety standards among end-users is a significant driver shaping market growth. These regulations and standards are implemented to improve consumer safety, provide essential information, and ensure proper communication of potential hazards. Government agencies worldwide play a significant role in establishing and enforcing these regulations, thereby increasing the demand for stickers and warning labels to meet compliance requirements. To meet these regulations and maintain customer safety and trust, companies must invest in high-quality, compliant labeling. The increasing regulations and safety standards across end-users are expected to boost market growth during the forecast period. Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment. Buy Full Report
Warning Labels and Stickers Market 2024-2028: Segmentation
- Food And Beverages
- Chemical Labels
- Hazardous Labels
- Electrical Labels
- Custom Labels
- North America
- Middle East And Africa
- South America
The pharmaceutical segment is expected to hold a significant share of the market’s growth in the forecast period. Stringent regulatory standards mandate clear and comprehensive labeling on pharmaceutical products to ensure patient safety, driving the demand for superior warning labels and stickers. Furthermore, the continuous expansion of the pharmaceutical industry, propelled by escalating healthcare expenses and increased research and development endeavors, consistently generates the necessity for labeling solutions.
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The report also covers the following areas:
- Warning Labels and Stickers Market size
- Warning Labels and Stickers Market trends
- Warning Labels and Stickers Market industry analysis
The warning labels and stickers market is fragmented, and the degree of fragmentation will accelerate. The increasing regulations and safety standards across end-users will offer immense growth opportunities. However, the risk of counterfeit warning labels and stickers will hamper the market growth.
Warning Labels and Stickers Market 2024 – 2028: Market dynamics
Leading trends influencing the market
- Global government agencies emphasize integrating Near Field Communication (NFC), Radio-Frequency Identification (RFID), or Quick Response (QR) codes for enhanced product traceability and safety.
- EU’s food labeling regulations mandate QR codes for transmitting comprehensive product details, including allergens and nutritional information.
- This trend aids regulatory compliance, supply chain tracking, and offers consumers better access to vital product information, potentially driving market growth during the forecast period.
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Warning Labels and Stickers Market 2024-2028: Key Highlights
- CAGR of the market during the forecast period 2024-2028
- Detailed information on factors that will assist warning labels and stickers market growth during the next five years
- Estimation of the warning labels and stickers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the warning labels and stickers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of warning labels and stickers market vendors
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Digital Label Printing Solutions Market: The Global digital label printing solutions market size is expected to increase by USD 126.57 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.81%.
Safety Signs Market: The safety signs market size is estimated to grow at a CAGR of 3.92% between 2022 and 2027. The market size is forecast to increase by USD 385.62 million.
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by End-User
- Market Segmentation by Type
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
About Technavio Research
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Original Press Release.