From 2022 to 2032, when it is anticipated to reach US$ 3.4 Bn, the freezer labels market is likely to expand at a CAGR of 5.5%. The top 3 countries are expected to dominate 20% to 25% of all box sales worldwide by the end of 2022, depending on the product category.
A freezer label is a tag used to specify the product’s construction and ensure its safety. There are many different kinds of labels, however unlike regular labels, freezer labels have a specific use.
There are freezer labels on vaccines and pharmaceuticals. Several samples are preserved in cold storage for several months in order to ensure and identify vaccinations and drugs in bulk form. This aids patients in selecting the ideal vaccine. Therefore, freezer labels are essential because they maintain the vital information and maintain the zero degree temperature.
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Due to their diverse qualities, freezer labels assist prevent the loss of medications and vaccines. Hot melt adhesives may adhere to an object quickly and have a high degree of surface durability. They work well at low temperatures and are easy to process.
As freezer labels and hot melt adhesives have strong chemical bonds, they support the labels in the refrigerator for a longer period of time. The loss of drugs and vaccines is a concern for both consumers and producers. Globally, it is anticipated that increased demand for medications and vaccinations will increase sales of freezer labels.
Key Takeaways from Freezer Label Market
- By substrate, the paper segment is expected to hold around 43.3% of the freezer label market share by the end of 2022.
- By application, the food & beverages segment is projected to offer an incremental opportunity of US$ 475 Mn between 2022 and 2032.
- The U.S. freezer label market is estimated to create an incremental growth opportunity of US$ 281 Mn during 2022-2032.
- India freezer label market is estimated to grow at a prolific rate of 5.9% CAGR in the forecast period.
- The global freezer label market witnessed a CAGR of 4.4% during the historical period from 2015 to 2021.
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“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.
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.
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.
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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
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