The freezer label market is projected to achieve strong growth, with sales expected to reach USD 1.8 billion in 2024. This robust market performance is anticipated to continue, culminating in a valuation exceeding USD 2.6 billion by 2034. The global freezer label market is forecasted to grow at a steady compound annual growth rate (CAGR) of 3.9% from 2024 to 2034.
A freezer label is a tag applied to the product for the identification of material quality and to ensure the safety of the product. There are various types of labels but freezer label has a unique usage as compared to common labels.
Freezer labels are applied on vaccines and drugs. Various samples are stored in cold storage for several months to ensure and identify vaccines and drugs in bulk form to choose the right vaccine. Thus, freezer labels are essential as the required data on the label remains as it is, thereby maintaining the zero degrees temperature.
Freezer labels help to avoid drug and vaccine loss due to their various properties. Hot melt adhesives have high surface durability and it can stick quickly to the product. They have excellent cold-temperature performance and good processability.
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As freezer labels and hot melt adhesives have good chemical bonding, they help to sustain the labels for a longer time in refrigerator. Consumers and manufacturers are focusing on drug and vaccine loss. Overall, the rising demand for vaccines and drugs is projected to boost sales of freezer labels across the globe.
“Continuously growing food & beverage and food service industries are projected to drive the demand for freezer labels. This is mainly attributed to the practice of keeping several food products in cold storage for persevering and maintaining their quality.” – says an FMI analyst
Packaging of products plays a crucial role in the food industry and improper unboxing makes the food products unattractive. Chilled food products kept for -40ºC to 8ºC need proper labeling as each product indicates the brand and logo with essential details. Apart from appearance, chilled food products are kept in cold storage for a longer duration and during transportation of the product, the product should be packaged and sealed properly to avoid food loss.
Various research institutes are volatile and constantly developing & launching new innovative products such as reagents and blood samples. Researchers require specific details of samples that are kept under observation, and these essential details are mentioned through labeling.
Some of the samples are kept in a deep freezer for monitoring various changes of the sample and to verify the right sample between several of them. Thus, the freezer label is essential for differentiating purposes based on the details mentioned on these samples.
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Competitive Landscape: Freezer Label Market
HERMA Labels, AVERY, Label Specialties, GA INTERNATIONAL, LABELNET, CCL Industries Inc., and Trion Industries, Inc. are some of the key players operating in the global freezer label market. Also, some of the noticeable players operating in the freezer label market are Tailored Label Products Inc., Nadco Tapes and Labels, Inc., Innovate Graphics, UltraTape, Guardian Packaging and Supply, Compliance Labelling Solution, A M Labels, MD Labels, MHS ECO FRIENDLY LTD, and others.
Get Exclusive Insights into Freezer Label Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global freezer label market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the freezer label based on the substrate (paper, films and foils), adhesive type (hot melt, water based and acrylic), and application (food & beverage, cosmetics, pharmaceutical, manufacturing and transportation) across seven regions.
Freezer Label Market Outlook by Category
By Substrate:
- Paper
- Films
- Foil
By Adhesive Type:
- Hot-melt
- Water-Based
- Acrylic
By Application:
- Food & Beverage
- Cosmetics
- Pharmaceutical
- Manufacturing
- Transportation
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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