The European linerless labels market is estimated to be worth US$ 650 Million in 2021 and this market is predicted to gain a valuation of almost US$ 1.1 Billion by 2032. With the rapidly increasing demand in various parts of Europe, the linerless labels market is expected to expand with a steady CAGR of 4.9% during the projected period, 2022-2032. Europe is predicted to dominate the worldwide linerless labels market throughout the forecast period, with a significant market increase. Europe holds over 40% of the worldwide market share.
Technology advancements are expected to cause the linerless label market in Germany, France, the United Kingdom, and Italy to expand gradually compared to the rest of Europe. The linerless label market in Europe is also fragmented, with many small businesses able to respond swiftly to shifts in consumer market demands.
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Along with rising food and beverage demand, surging auto sales, and expanding industrial production activities, it is anticipated that France’s developing packaging industry will fuel market demand. The acceptance of linerless labels in France is significantly influenced by political as well as environmental laws. The economic growth in these regions is significantly impacted by favorable environmental and governmental policies. The erratic price of raw materials has an impact on the French market for linerless labels as well. Startups that produce linerless labels are making every effort to offer the finest labeling they can. Even some large corporations are using start-up technology to create greater inventions. For instance, a significant participant in the European linerless label industry recently purchased the linerless label technology created by the UK startup Catchpoint Ltd, situated in Yorkshire, England.
The deal includes the know-how, proprietary information, patents, and brand of Catchpoint. Plans have been taken to guarantee the Catchpoint team’s ongoing assistance. The large brand is required by the agreement to uphold all current business contracts with Catchpoint. The major participant will have copyrights that will assist them in achieving two of their core 2030 sustainability objectives: to produce innovations that enhance the circular economy as well as to decrease environmental effects in technology and operations. Such developments will accelerate the European linerless labels market during the forecast period.
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Key Takeaways
- The European market for linerless labels market is predicted to reach US$ 780.5 Million by 2022
- The flexo printing technology by printing technology type is expected to gain the dominant share in the European linerless labels market.
- By end-user, the largest market share is expected to be occupied by the Food and Beverage segment by the end of 2022.
Competitive Landscape
The key players present in the European region are 3M Company, RR Donnelley & Sons Company, SATO America, Avery Dennison, General Data Company, Hub Labels, Coveris Holdings S.A., Bizerba, CCL Industries IncConstantia Flexible Group GMBH, Gipako, NSD Labeling Group, NAstar, Cenveo Corporation, Labels, and Ravenwood Packaging and Reflex. All these companies are aimed at enhancing their present product line and also inculcating newer technologies to enhance the efficiency of these products.
Recent Developments
- Coveris creates contoured as well as die-cut linerless labels to distinguish its products from the competition. Customers will get closer to achieving sustainability goals with less liner waste and much more efficient transportation.
- Hub Label’s revolutionary product line manufactures labels to resist becoming wet, withstanding frigid temperatures in a refrigerator, or being harmed in transport. If a good or item’s label unsticks, slips off, or dissolves, the good will not make it to shop shelves. Hub Labels, thus, provides a solution for a number of the items and businesses that consumers purchase from regularly.
