Title: Global Foil Labels Market Outlook Growth Analysis Report 2016 2023
1Foil Labels Market Size, Share, Industry Outlook
Forecast 2017-2024
2 Global Market Scenario of Foil Labels Industry
- Foil labels market witnessed a significant
growth, with increasing demand for attractive
packaging. Rising application scope in food
beverage industry owing to its metallic surface,
where it is applied on containers, caps,
canisters, and composite cans will drive foil
labels market growth. - The rising foil labels demand from packaging
industry to preserve consumer goods will fuel the
product penetration. Increasing consumer spending
on disposable food containers coupled with
technological advancements in packaging are the
key factors that can positively influence the
demand. Revolutionized tracing and tracking
technology in to maintain the track the products
input, processing, packaging, and output will
propel the foil labels market growth.
3 Continue
- The foil labels production process includes
stamping printed foil on the surface of materials
including paper, polymer, cloth, metal, and
others. Paper is the major contributing material
owing to its aesthetically appealing properties. - Flexible packaging application will enhance the
foil labels market as it is most suitable on
flexible packs. Flexible packaging market
spending was over USD 150 billion in 2015, at a
CAGR of over 5 up to 2024. The global demand is
estimated to witness significant gains owing to
its substantial features such as brand
identification, grading, instruction, and
description. - Increasing product penetration in beverage
bottles, food products, and cosmetic products
will support the product development. The global
beverage packaging market was worth over USD 100
billion in 2015. Governmental regulations to
provide product and trade details on food
beverage products with ingredient and nutritional
details will fuel the foil labels market growth.
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5Regional and Competitive Insights
- North America, led by the U.S. foil labels
market, is set to grow with increased label
production, registering over 15 of the global
consumption in 2015. Asia pacific will witness
high gains due to the increasing expansion of the
packaging industry, increasing consumer base, and
rising disposable incomes. Rapid
industrialization and urbanization, changing
lifestyles, and product innovations are the
stimulating factors influencing the regional
industry growth. - Europe foil labels market revenue will observe a
significant growth over the forecast timeframe.
Expanding packaging industry and rising demand
for packaged food will fuel the industry demand.
The EU represented a major share of the overall
industry in 2015.
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6Competitive Insights
- The global foil labels market share is highly
competitive. 3M Company, E I du Pont de Nemours,
Avery Dennison, Brady Corporation, Xerox
Corporation, Cannon, Inc., Cenveo, Inc., and
Henkel Ag company are the major industry
participants. Product innovations and product
portfolio expansion are the major strategies
adopted by the industry manufacturers. - Rudd Macnamara Ltd., Maverick, Castle Island
Press, South East, Relm West, and High Tech
Packaging Corporation are the other key
manufacturers.
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