When discussing the sustainable development trend of the self-adhesive label market, we can analyze it from multiple dimensions such as market size, growth momentum, environmental protection demand and technological innovation. The following is a detailed elaboration of this topic:
1. Market size and growth trend
1. Global market size
In 2024, the global market size of self-adhesive labels is 235.8 million US dollars (Note: the data here is different from the global self-adhesive market size of 13.94 billion US dollars provided by another source in 2023, which may be due to different statistical caliber or time node. Data closer to the current point in time is used here).
It is expected that by 2030, the global self-adhesive label market will reach 331.3 million US dollars, with a compound annual growth rate (CAGR) of 5.0%.
2. Chinese market size
The size of China's self-adhesive label market is about 12 billion yuan, and the compound growth rate in recent years is 9.86%, higher than the global average.
As one of the main producers and consumers of self-adhesive labels in the world, China's market scale continues to expand and occupies an important position in the global market.
Second, growth drivers
1. Growth in consumer demand
With the increasing attention of consumers to product information and the increasing importance of brand marketing, the demand for self-adhesive labels in the packaging industry continues to grow.
Self-adhesive labels are widely used in food, beverage, cosmetics, pharmaceuticals and other fields, and the rapid development of these industries provides a broad market space for the self-adhesive label market.
2. Technological innovation
The continuous development of digital printing technology, the Internet of Things, big data and other technologies has brought new growth points to the self-adhesive label industry.
The application of new technology makes the production of self-adhesive labels more flexible and efficient, and can meet the market demand for personalized and customized products.
Third, environmental protection needs
1. Application of environmentally friendly materials
With the improvement of environmental awareness, the self-adhesive label industry is paying more and more attention to the use of environmentally friendly materials, such as degradable materials and water-based adhesives.
The application of these environmentally friendly materials helps to reduce the environmental impact of self-adhesive labels during production and use.
2. Concept of sustainable development
The self-adhesive label industry actively responds to the concept of sustainable development, and promotes the green development of the industry by improving energy efficiency and reducing waste generation.
In the future, the self-adhesive label industry will continue to develop in a more environmentally friendly and sustainable direction to meet the needs of the market and consumers.
Iv. Future Outlook
1. The market size continues to grow
It is expected that the global self-adhesive label market will continue to maintain stable growth in the next few years.
As one of the world's important producers and consumers of self-adhesive labels, the Chinese market will continue to grow.
2. Technological innovation and intelligent development
With the continuous progress and innovation of technology, the self-adhesive label industry will realize more intelligent applications such as product traceability and management.
These intelligent applications will further improve the added value and competitiveness of products to meet the market demand for efficient and convenient labeling solutions.
3. Environmental protection and sustainable development
Environmental protection and sustainable development will become an important development direction of the self-adhesive label industry.
The industry will pay more attention to the application of environmentally friendly materials and the research and development of energy saving and emission reduction technologies to promote the green development of the industry and meet consumer demand for environmentally friendly products.
In summary, the self-adhesive label market will maintain a sustained growth trend in the future and is driven by multiple factors such as technological innovation, environmental protection needs and sustainable development concepts. Industry enterprises need to follow the market trend to strengthen technological innovation and environmental protection investment to meet the needs of the market and consumers and promote the sustainable development of the industry.