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Automotive Labels Market to Reach CAGR of 4.93% – Forecast 2020

The report [340 pages] "Automotive Labels Market by Type (Warning, Dome, Asset), Identification Technology (Barcode, RFID), Printing Technology (Flexography, Digital printing), Mechanism (Pressure-sensitive, Heat Transfer, In-mold), Raw Material (PVC & Others), Application & Region - Global Trends & Forecasts to 2020", The market for automotive labels is projected to grow from USD 5.74 Billion in 2015 to USD 7.30 Billion by 2020, at an estimated CAGR of 4.93%. The market for automotive labels is growing due to increasing demand in the packaging and automotive industries as well as the rising demand for eco-friendly labels production techniques. However, varying environmental mandates across regions can act as a restraint to the growth of the automotive labels market.

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Target audience
  • Package & labels manufacturers
  • Automotive & parts manufacturers
  • Government bodies
  • Raw material suppliers
The automotive labels market is segmented on the basis of type, raw material, identification technology, printing technology, mechanism, application, and region. On the basis of type, asset labels held the largest market share, in terms of value, while warning & safety labels were the most widely used labels, in terms of volume, in the automotive labels industry. The barcode identification technology segment accounted for the largest share of the market, in terms of both, volume and value, among all identification technologies. The mechanism segment was dominated by the pressure-sensitive mechanism.

In terms of application, the market is segmented into exterior labels, interior labels, engine components, and others. The exterior labels segment is projected to grow at the highest rate, during the review period. In terms of printing technology, the market is classified as flexography, screen printing, digital printing, offset, and others. The flexography printing technology is projected to be the market leader during the review period. The automotive labels market is segmented on the basis of material into polyvinyl chloride (PVC), polypropylene (PP), polyethylene terephthalate (PET), polyethylene (PE), acrylonitrile butadiene styrene (ABS), polyurethane (PU), polycarbonate (PC), and others.

 https://www.prnewswire.com/news-releases/automotive-labels-market-worth-730-billion-usd-by-2020-571051551.html

On the basis of key regions, the market for automotive labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The Asia-Pacific region held the largest share among all the regions in 2014. This is mainly due to emerging economies in China and India, the growing automotive industry, and rising demand for sustainable packaging.

The global automotive labels market ecosystem comprises of automotive labels manufacturers, vendors and service providers such as CCL Industries, Inc. (Canada), H.B. Fuller (U.S.), Avery Dennison Corporation (U.S.), 3M (U.S.), UPM (Finland), and Sika AG (Switzerland). Others include companies such as ImageTek Labels (U.S.), Lewis Labels Products (U.S.), Dunmore (U.S.), and Adhesive Research, Inc. (U.S.).

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  1. Kani MozhiAugust 25, 2020 at 3:56 AM

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