Press release
What are the Major Growth Drivers and Restraints of Security Labels Market ? Major Players are Honeywell International Inc., 3M, CCL Industries Inc., tesa SE, Among Others
Security labels are pressure sensitive and heat-applied labels illustrating either the brand logo or some security information. These labels are three times stronger and durable than the conventional labels and disintegrate when attempted to remove it. Security labels leave a pattern when peeled off and hence, can protect against any theft, as it can be used as a security seal.
Market Dynamics:
Some properties of security labels such as its premium quality, minimal weight, and recyclability are factors that attract the end-use industries such as food and beverages, pharmaceutical, and others. This results in increasing demand for security labels, thereby driving growth of the security labels market.
However, the additional price of the product as compared to the conventional labels is a major factor that is affecting growth of the global security labels market. Additional cost involved with the premium quality of plastic used for manufacturing labels, ink used for printing, and special compatible software required for the digital printing are not preferred by all the manufacturers.
Market Taxonomy:
On the basis of product type, the global security labels market is segmented into:
Sheets
Reels
On the basis of composition type, the global security labels market is segmented into:
Adhesive
Face Stock
Release Liner
On the basis of identification type, the global security labels market is segmented into:
Radio Frequency Identification (RFID)
Bar code
Holographic
On the basis of end-use industry, the global security labels market is segmented into:
Food & Beverage
Pharmaceutical
Consumer Durables
Others
Download PDF Brochure of this Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2352
Market Outlook
There is increasing demand for security labels in food and beverages and pharmaceutical industries
In case of pharmaceuticals, safe labeling is of highest importance. As conventional labeling is less durable, it can mislead the patient and might be dangerous. In 2016, the North America pharmaceutical industry generated around US$ 450 billion. This exhibits that the demand for pharmaceutical drugs is expected to increase during the forecast period.
Food and beverage industry is also expected to grow in terms of market share during the forecast period. The major reason behind the increasing demand for security labels in this industry is the rising number of packaged food and beverages being consumed by people, globally.
Request for Customization of this Report @ https://www.coherentmarketinsights.com/insight/request-customization/2352
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Market Dynamics:
Some properties of security labels such as its premium quality, minimal weight, and recyclability are factors that attract the end-use industries such as food and beverages, pharmaceutical, and others. This results in increasing demand for security labels, thereby driving growth of the security labels market.
However, the additional price of the product as compared to the conventional labels is a major factor that is affecting growth of the global security labels market. Additional cost involved with the premium quality of plastic used for manufacturing labels, ink used for printing, and special compatible software required for the digital printing are not preferred by all the manufacturers.
Market Taxonomy:
On the basis of product type, the global security labels market is segmented into:
Sheets
Reels
On the basis of composition type, the global security labels market is segmented into:
Adhesive
Face Stock
Release Liner
On the basis of identification type, the global security labels market is segmented into:
Radio Frequency Identification (RFID)
Bar code
Holographic
On the basis of end-use industry, the global security labels market is segmented into:
Food & Beverage
Pharmaceutical
Consumer Durables
Others
Download PDF Brochure of this Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2352
Market Outlook
There is increasing demand for security labels in food and beverages and pharmaceutical industries
In case of pharmaceuticals, safe labeling is of highest importance. As conventional labeling is less durable, it can mislead the patient and might be dangerous. In 2016, the North America pharmaceutical industry generated around US$ 450 billion. This exhibits that the demand for pharmaceutical drugs is expected to increase during the forecast period.
Food and beverage industry is also expected to grow in terms of market share during the forecast period. The major reason behind the increasing demand for security labels in this industry is the rising number of packaged food and beverages being consumed by people, globally.
Request for Customization of this Report @ https://www.coherentmarketinsights.com/insight/request-customization/2352
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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