Global Wrap Around Label Market Research Report 2024(Status and Outlook)
The global Wrap Around Label market size was valued at US$ 4.23 billion in 2024 and is projected to reach US$ 5.87 billion by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
The United States Wrap Around Label market size was valued at US$ 876.5 million in 2024 and is projected to reach US$ 1.17 billion by 2030, at a CAGR of 5.0% during the forecast period 2024-2030.
Wrap around labels are packaging labels that completely encircle a product container, providing 360-degree branding and information display. They are commonly used on bottles, cans, and other cylindrical packaging formats.
The global Wrap Around Label market is experiencing robust growth, driven by expanding packaging industry, increasing demand for attractive product presentation, and advancements in label printing technologies. In 2023, total production reached 85 billion labels, with the United States, China, and Germany accounting for 55% of global demand. The beverage industry remains the largest consumer at 40%, followed by food products at 30%. Plastic wrap around labels dominate with a 65% market share due to their versatility and cost-effectiveness. The market saw a 15% increase in demand for shrink sleeve wrap around labels in 2023, reflecting their ability to conform to complex container shapes. Sustainable paper-based wrap around labels are growing at 12% annually, driven by environmental concerns. The trend towards smart packaging led to an 18% rise in adoption of QR code and NFC-enabled wrap around labels in 2023. Premium metallic and holographic wrap around labels saw a 20% surge in demand in the luxury goods sector. The market is witnessing increased focus on digital printing technologies, with a 25% growth in R&D investments for high-speed, variable data printing solutions for wrap around labels.
Report Overview
This report provides a deep insight into the global Wrap Around Label market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Wrap Around Label Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Wrap Around Label market in any manner.
Global Wrap Around Label Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Vintech Polymers
Inland Packaging
Roll on Labels
Grip Tight Packaging
Mondi Group
Traco Manufacturing
Cosmo Films
Constantia Flexible Packaging
B & H Manufacturing
Ameet Metaplast
Fort Dearborn
Tilak Polypack
Westrock
Kris Flexipacks
Leading Edge labels & Packaging
Jasin Pack
TCPL Packaging
CPM Internacional
Market Segmentation (by Type)
Plastic Material
Paper Material
Market Segmentation (by Application)
Beverage
Personal Care
Food
Home Care
Pharmaceutical
Other
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Wrap Around Label Market
Overview of the regional outlook of the Wrap Around Label Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
