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Security Labels Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
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- 3M
- AVERY DENNISON CORPORATION.
- Brady Worldwide, Inc.
- CCL Industries, Inc
- Checkpoint Systems, Inc.
- CILS International
- Holosafe Security Labels
- Honeywell International, Inc.
- Identiv, Inc.
- Invengo Information Technology Co., Ltd.
- Label Lock
- MEGA FORTRIS GROUP
- Polylabel.Com
- SATO Holdings Corporation
- Schreiner Group GmbH and Co. KG
- Security Label GmbH
- Seiko Holdings Corporation
- Tesa SE Group
- UPM-Kymmene Corporation
- Zebra Technologies Corp.
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The Global Security Labels Market was valued at USD 34.6 billion in 2023 and projections indicate a growth rate of over 7% CAGR from 2024 to 2032, fueled by a surging demand for anti-counterfeiting measures across diverse industries.
A notable trend is the heightened emphasis on sustainability within security labeling. Companies are now crafting eco-friendly security labels that resonate with broader environmental objectives, utilizing recyclable materials and sustainable printing methods. This transition is spurred by regulatory pressures and a growing consumer appetite for eco-conscious packaging. Consequently, the market witnesses a surge in innovations that seamlessly blend robust security features with sustainability. For example, in March 2024, All4Labels unveiled Integritag, a Milan-based entity overseeing the company's security and intelligent label offerings. These encompass cutting-edge solutions like RFID and holographic labels.
The security labels industry is bifurcated into product, material, application, end-use industry, and region.
The market categorizes labels into paper-based, polymer-based, metal-based, and others. The paper-based segment is poised to witness a CAGR exceeding 9% during the forecast period. Their cost-effectiveness and adaptability in printing and customization render them a favored choice across sectors like food and beverages, retail, and pharmaceuticals. Their versatility allows seamless adaptation to varied packaging formats and compatibility with diverse printing technologies, propelling their market growth.
End-use divisions of the security labels market encompass food and beverage, healthcare and pharmaceutical, chemicals and fertilizers, consumer goods, automotive, retail, and more. The consumer goods segment is set to lead globally, targeting revenues surpassing USD 15 billion by 2032. This surge is attributed to rising disposable incomes, urbanization, and an intensified emphasis on product branding. As brand consciousness escalates among consumers, companies are channeling significant investments into appealing and informative packaging, amplifying the demand for premium labels.
In 2023, North America held the lion's share of the global security labels market, commanding over 35%. The region's stringent regulatory framework and high standards for product safety and anti-counterfeiting play pivotal roles in driving the demand for advanced security labels. Key North American industries, notably pharmaceuticals, consumer goods, and electronics, lean on robust labeling solutions to combat fraud and affirm product authenticity. Furthermore, the region's dominance is reinforced by the presence of leading market players and a continuous stream of technological advancements, including RFID and holographic security labels.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360¨¬ synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Profit margin analysis
- 3.4 Technology and innovation landscape
- 3.5 Patent analysis
- 3.6 Key news and initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Rising retail theft drives demand upward
- 3.8.1.2 Technological innovations enhance label effectiveness
- 3.8.1.3 E-commerce growth boosts security label need
- 3.8.1.4 Government regulations increase security label adoption
- 3.8.1.5 Sustainability trends drive eco-friendly labels
- 3.8.2 Industry pitfalls and challenges
- 3.8.2.1 High costs challenge widespread adoption
- 3.8.2.2 Complex integration with existing systems
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Product, 2021 - 2032 (USD Million)
- 5.1 Key trends
- 5.2 Tamper-evident labels
- 5.2.1 Destructible labels
- 5.2.2 Void labels
- 5.2.3 Breakable seals
- 5.3 Non-transferable labels
- 5.3.1 Permanent labels
- 5.3.2 Residue-free labels
- 5.4 Authentication labels
- 5.4.1 Holographic labels
- 5.4.2 Barcode labels
- 5.4.3 QR code labels
- 5.5 Track and trace labels
- 5.5.1 RFID labels
- 5.5.2 NFC labels
- 5.5.3 Serial number labels
Chapter 6 Market Estimates and Forecast, By Material, 2021 - 2032 (USD Million)
- 6.1 Key trends
- 6.2 Paper-based labels
- 6.3 Polymer-based labels
- 6.4 Metal-based labels
- 6.5 Others
Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 (USD Million)
- 7.1 Key trends
- 7.2 Bottles and jars
- 7.3 Boxes and cartons
- 7.4 Bags and pouches
- 7.5 Vehicle identification
- 7.6 Price tags
- 7.7 Others
Chapter 8 Market Estimates and Forecast, By End Use Industry, 2021 - 2032 (USD Million)
- 8.1 Key trends
- 8.2 Food and beverage
- 8.3 Healthcare and pharmaceutical
- 8.4 Chemicals and fertilizers
- 8.5 Consumer goods
- 8.6 Automotive
- 8.7 Retail
- 8.8 Others
Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million)
- 9.1 Key trends
- 9.2 North America
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 3M
- 10.2 AVERY DENNISON CORPORATION.
- 10.3 Brady Worldwide, Inc.
- 10.4 CCL Industries, Inc
- 10.5 Checkpoint Systems, Inc.
- 10.6 CILS International
- 10.7 Holosafe Security Labels
- 10.8 Honeywell International, Inc.
- 10.9 Identiv, Inc.
- 10.10 Invengo Information Technology Co., Ltd.
- 10.11 Label Lock
- 10.12 MEGA FORTRIS GROUP
- 10.13 Polylabel.Com
- 10.14 SATO Holdings Corporation
- 10.15 Schreiner Group GmbH and Co. KG
- 10.16 Security Label GmbH
- 10.17 Seiko Holdings Corporation
- 10.18 Tesa SE Group
- 10.19 UPM-Kymmene Corporation
- 10.20 Zebra Technologies Corp.
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