The multi-part labels market is poised for significant growth over the next decade. In 2024, the market generated USD 1.85 billion in revenue, and it is estimated to be worth USD 1.87 billion by 2025. By 2035, the market is projected to reach USD 3.11 billion, expanding at a CAGR of 5.2% between 2025 and 2035.
The global packaging industry continues to evolve, driven by technological advancements and increasing consumer demands. One of the most significant segments within this industry is the multi-part labels market. Multi-part labels play a crucial role in enhancing product traceability, improving security in the supply chain, and ensuring compliance with labeling regulations.
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Multi-part labels are specialized labeling solutions that consist of multiple layers or sections, allowing manufacturers and consumers to access detailed product information, regulatory guidelines, and promotional content. These labels are particularly beneficial for industries that require extensive labeling, such as food and beverages, pharmaceuticals, and logistics.
Rising Adoption in the Food and Beverage Industry
One of the primary factors contributing to the growth of the multi-part labels market is the high adoption rate in the food and beverage industry. By 2035, this sector is expected to account for over 49% of total market share.
Multi-part labels are essential for providing consumers with crucial information such as ingredient lists, nutritional content, allergen warnings, and expiration dates. Additionally, they aid manufacturers in ensuring compliance with stringent labeling regulations across different regions.
Key Takeaways From the Multi-Part Labels Market
- The global multi-part labels market recorded a CAGR of 2.9% between 2020 and 2024.
- The market reached a value of USD 1.85 billion in 2024.
- The USA is expected to lead in North America, with a projected CAGR of 4.5% through 2035.
- Spain is anticipated to see a CAGR of 4.3% in the European market by 2035.
- Multi-part barcode labels are estimated to hold a 43.2% market share by 2035.
- The food and beverage sector is expected to dominate the application segment, securing a 49% share by 2035.
Growing Emphasis on Product Security and Anti-Counterfeiting Measures
Counterfeiting is a growing concern for manufacturers across industries, particularly in pharmaceuticals, cosmetics, and luxury goods. Multi-part labels play a crucial role in mitigating the risks associated with counterfeit products. These labels incorporate tamper-evident features, holograms, security inks, and serialized barcodes, ensuring product authenticity and traceability.
Regulatory Compliance and Sustainability Initiatives
Stringent regulatory frameworks governing product labeling and consumer safety are another major driver of market growth. Governments and international regulatory bodies have set specific guidelines for labeling practices across various industries, including food, pharmaceuticals, and chemicals. Failure to comply with these regulations can result in legal repercussions, product recalls, and reputational damage.
Expansion of E-Commerce and Online Retailing
The rapid growth of e-commerce and online retailing is contributing to the increasing demand for multi-part labels. As online shopping continues to surge, brands are focusing on optimizing packaging and labeling for better product identification and logistics management. Multi-part labels provide additional layers of information, including shipping details, tracking information, and promotional content.
Competitive Landscape
Key players of multi part label industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence.
Few of them are also collaborating and partnering with local brands and start-up companies for new product development.
Key Developments in Multi-Part Labels Market
- In September 2024, Buskro introduced the DLP 1085., it is a digital label press equipped with a 4.25-inch color print head, an automated maintenance station, and an RFID unit. It is used in variable and short-run label printing and can print more than 60,000 labels per hour.
Key Players in Multi-Part Labels Market
- Insignia Label Solutions Ltd.
- Buskro
- LabelsPlus Ltd,
- Insignia Label Solutions Ltd.
- CCL Design Stuttgart AG
- Barcode Factory
- Paragon Print Systems Inc.
- Multi-Action labels reinvented
- Barspell Technology
- Universal Tag, Inc.
- Label Lingo
Multi-Part Labels Market Segmentation
By Product Type:
In terms of product type, the market of multi-part labels is divided into multi-part barcode label, multi-part content labels, multi-part logo and image labels and others
By Application:
In terms of application, the market of multi-part labels is segmented into food & beverages, chemical industries, pharmaceuticals & healthcare, beauty and personal care, consumer durables, clothing & accessories, others
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
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