Introduction
Water dissolvable labels are a game-changer in the world of packaging and labeling. These labels offer a sustainable alternative to traditional adhesive labels. They dissolve in water, leaving no waste or residue behind. Let’s dive deep into the water dissolvable labels market to understand how this innovative labeling solution is transforming various industries.
Water Dissolvable Labels Market: Revolutionizing Packaging
Water dissolvable labels, also known as water-soluble labels, have garnered attention for their environmentally friendly and versatile nature. These labels are designed to dissolve completely upon contact with water, leaving no residue behind. They are made from materials that are safe for the environment and pose no harm to consumers. As the demand for sustainable packaging solutions rises, the water dissolvable labels market has seen substantial growth.
Anticipated at a valuation of US$ 106.9 billion in 2023, the global water dissolvable labels market is set for expansion, driven by technological advancements. Projections suggest a steady CAGR of 5.0% from 2023 to 2033, potentially reaching a significant market size of approximately US$ 174.2 billion by the end of the forecast period.
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Key Takeaways:
- The water dissolvable labels market is projected to grow at a CAGR of 5% during the forecast period.
- The environmentally sustainable nature of water dissolvable labels is driving their demand.
- They reduce labor and time required for label removal, enhance re-identification of reusable objects, and adhere to various materials.
- The food industry is a significant contributor to the sales of water dissolvable labels.
- Water dissolvable labels are versatile, temperature-resistant, and aid in protecting confidential information
What does the competitive scenario look like within the realm of the Water Dissolvable Labels Market?
Key players in global water dissolvable labels market include
- Stranco,
- Brady Worldwide Inc.,
- Avantar,
- Shenzhen Mibils Precision Co.,Ltd,
- GA International Labtag,
- River Labels & Labeling Ltd.,
- 3 Sigma.
Which Region holds the Highest Growth Potential in the Water Dissolvable Labels Market?
- Geographically, the water dissolvable labels market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA). The US & Germany is expected to flourish in the water dissolvable labels market.
- While India & China are expected to witness the maximum growth of water dissolvable labels market share during the forecast period mainly due to the rapid growth in the foodservice industry in developing economies.
- The growing awareness of plastic labels causing harm to the environment and growth trends in dissolvable paper labels drive the demand for water dissolvable labels in these developing nations. GCC Countries and South Africa are also expected to experience above-average growth in the water dissolvable labels market share.
Recent Developments
- Multi-Color Corporation will buy the Hexagon Label Group in Australia and New Zealand in October 2021. This acquisition seeks to expand the company’s footprint and offerings to ANZ consumers in Adelaide, Brisbane, Griffith, Melbourne, Perth, Sydney, Auckland, and Christchurch.
- Lintec purchased the whole stock of Duramark, a manufacturer and distributor of various adhesive products, in April 2021. The acquisition offers Mactac with immediate access to production equipment that it requires to boost the capacity of its key products, adhesive sheets and films for labels.
- CCL Industries Inc. bought InTouch Labels and Packaging Co., Inc. (InTouch) in July 2020, near Boston, Massachusetts. Avery’s direct-to-consumer activities now include InTouch, a specialised short-run digital label converter.
Applications of Water Dissolvable Labels
The versatility of water dissolvable labels is evident in their wide range of applications:
- Food Industry: From fresh produce to packaged foods, water dissolvable labels are ideal for the food industry. They adhere well to surfaces and dissolve cleanly upon washing.
- Pharmaceuticals: Water dissolvable labels are used for medical and pharmaceutical products, ensuring accurate labeling without the risk of residue contamination.
- Household Cleaning Products: Labels on cleaning products can be challenging to remove. Water dissolvable labels offer a convenient solution, leaving no trace behind.
- Beverage Containers: Water dissolvable labels are a great fit for beverage bottles, as they dissolve effortlessly when the bottle is washed for recycling.
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Key Segments Profiled In The Global Water Dissolvable Labels Market
By Ink Type:
- Water-based Ink
- Solvent-based Ink
By Printing Technology:
- Direct Thermal Printing
- Thermal Transfer Printing
- Laser Printing
- Flexography Printing
By End Use:
- Food & Beverage
- Pharmaceuticals
- Chemical
- Electrical & Electronics
- Shipping & Logistics
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa (MEA)
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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