Security labels market is driven by factors such as increasing urban population, demand for pharmaceutical supplies, and growth of e-commerce industry. Market is further driven by factors such as increasing awareness among consumers about durable labels, and their pace of adopting products is one of biggest factors leading to increase in demand for security labels.
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Complete report on Security Labels Market spread across 238 Pages, Profiling 10 Companies and supported with 223 Tables and 59 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=521483 .
Security labels market size by value will grow and reach USD 26.47 Billion by 2020 at a CAGR of 5.13% between 2015 and 2020. Market is growing in accordance with growth trends of converting and labeling industries.
Factors such as increasing demand from food & beverage industry, demand for retail supplies, consumer durables, and logistics application, increasing consumer awareness, & growth of e-commerce industry have propelled growth of global security labels market.
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The various suppliers of security labels and related products in the report are as follows:
- 3M Company (U.S.)
- Avery Dennison Corporation (U.S.)
- CCL Industries Inc. (Canada)
- UPM (Finland)
- Honeywell International Inc. (U.S.)
- Tesa SE Group (Germany)
- Seiko Holdings Corporation (Japan)
- Group Dc (Canada)
- Label Lock (U.K.)
- Polylabel.com (Canada)
Bar codes was most widely used identification method among other technologies, in terms of both volume & value. On basis of form, sheets held largest market share, in terms of both volume and value.
Food & beverage segment is projected to be largest Security labels market in next five years. Demand from food & beverage sector will experience a higher growth rate, mainly because of growing demand for packaged & branded products, and consumer awareness toward authenticity and other details of product.
Consumer durables industry has also posed a huge demand for security labels.
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Asia-Pacific region is projected to be fastest-growing market during forecast period, followed by North America, from 2015 to 2020. In Asia-Pacific, China is largest consumer for security labels, followed by Japan.
China with rising demand in pharmaceuticals, food & beverage, & consumer durables will drive security labels market. Japan with growing inclination toward convenience products will impact security labels market in Asia-Pacific region.
Target audience of this Report is as follows
- Security labels market manufacturers
- Security labels market importers and exporters
- Security labels market traders, distributors, and suppliers
- Government and research organizations
- Associations and industry bodies
- Regulatory bodies
- End users
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This report estimates size of security labels market in terms of volume (million square meter) and value (USD million). In this report, market has been segmented broadly on basis of type, form, identification method, composition, application, & region.
Market drivers, restraints, opportunities, & challenges, & product price trends have been discussed in detail. Share of participants in overall market has also been discussed, in detail.
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