Market Overview:
The global labels market in the pharmaceutical industry is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of this market is mainly attributed to the increasing demand for pharmaceutical products, technological advancements in labeling processes, and rising awareness about product safety and authenticity. The global labels market can be segmented on the basis of type into paper type and plastic film type. The paper type segment is expected to hold a larger share of the global labels market than the plastic film type segment during the forecast period. This can be attributed to factors such as ease of handling and lower printing costs as compared with plastic films. On the basis of application, hospitals are expected to account for a larger share ofthe global labels market than clinics duringthe forecast period.
Product Definition:
Labels are important in Pharmaceutical because they identify and describe the drug product. They also list the ingredients, dosage instructions, and other information about the drug.
Paper Type:
Paper type is the most important factor in labels. It has been observed that paper type plays a vital role in pharmaceutical packaging. The choice of paper can make or break a label, and it’s very import to note that not all papers are created equal when it comes to labelling.
Plastic Film Type:
Plastic film type refers to the process used for manufacturing labels. There are different types of plastic films available in the market which can be employed for label making. Some of these include polyester, polyethylene, and PVC among others. The choice of a particular plastic film depends on factors such as durability, transparency & color options along with cost and performance trade-off considerations specific to each application.
Application Insights:
The other application segment includes retail pharmacies and hospital pharmacies. The hospital pharmacy is expected to be the fastest-growing application, with a CAGR of XX% from 2018 to 2030 owing to an increase in the number of hospitals across the globe. A large number of patients visiting hospitals leads to increased demand for labelling products, which will subsequently fuel product demand over the forecast period.
Clinics are expected to be one of the prominent applications witnessing growth over the forecast period due largely on increasing awareness about healthcare facilities among consumers globally and growing investments by governments in developing countries such as India and China that have huge potential for clinics development at a national level resulting in higher product penetration there compared to other regions where these investments have not been made yet or are still under progress. Increasing investment by companies such as Pfizer Inc., Johnson & Johnson, Novartis AG, Merck KGaA.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and high adoption of lab-on-chip technologies in this region. Moreover, growing healthcare awareness levels coupled with a strong regulatory framework that mandates accurate labeling of pharmaceuticals are some other factors contributing toward growth in North America market for laboratory equipment & supplies.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments by various governments towards development of healthcare infrastructure and research facilities at hospitals & clinics as well as universities/ institutes (academia). In addition, increasing number of clinical trials being conducted across Asia Pacific countries for new drug applications has also contributed significantly towards regional growth over the past few years. For instance, according to data published on ClinicalTrials.
Growth Factors:
- Increasing demand for generic drugs: The global pharmaceutical market is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increasing demand for generic drugs. Generic drugs are therapeutically equivalent to branded drugs and are available at a fraction of the cost. This is driving the growth of the labels market in the pharmaceutical industry.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, diabetes, and heart disease is rising globally due to changing lifestyles and aging populations. This is leading to an increase in demand for prescription medications, which is fueling the growth of labels in the pharmaceutical industry.
- Technological advancements: Labels play a critical role in ensuring product safety and efficacy by providing information on drug ingredients, dosage instructions, expiration dates, etc., In order to meet these requirements, manufacturers are increasingly adopting advanced technologies such as digital printing and RFID tags that can store more information than traditional barcodes . This is helping drive growth in labels market in Pharmaceuticals sector .
Scope Of The Report
Report Attributes
Report Details
Report Title
Labels in Pharmaceutical Market Research Report
By Type
Paper Type, Plastic Film Type
By Application
Hospital, Clinic, Other
By Companies
McCourt Label Company, CCL Industries, Kinglabel, Win Label Printing, Pharmaceutic Litho & Label Company, Nice Label, Avery Dennison, Ritrama, UPM Raflatac, Luminer Converting Group, CS Labels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Labels in Pharmaceutical Market Report Segments:
The global Labels in Pharmaceutical market is segmented on the basis of:
Types
Paper Type, Plastic Film Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- McCourt Label Company
- CCL Industries
- Kinglabel
- Win Label Printing
- Pharmaceutic Litho & Label Company
- Nice Label
- Avery Dennison
- Ritrama
- UPM Raflatac
- Luminer Converting Group
- CS Labels
Highlights of The Labels in Pharmaceutical Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper Type
- Plastic Film Type
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Labels in Pharmaceutical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Labels are the markings on a pharmaceutical product that identify it and its ingredients.
Some of the key players operating in the labels in pharmaceutical market are McCourt Label Company, CCL Industries, Kinglabel, Win Label Printing, Pharmaceutic Litho & Label Company, Nice Label, Avery Dennison, Ritrama, UPM Raflatac, Luminer Converting Group, CS Labels.
The labels in pharmaceutical market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Labels in Pharmaceutical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Labels in Pharmaceutical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Labels in Pharmaceutical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Labels in Pharmaceutical Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Labels in Pharmaceutical Market Size & Forecast, 2018-2028
4.5.1 Labels in Pharmaceutical Market Size and Y-o-Y Growth
4.5.2 Labels in Pharmaceutical Market Absolute $ Opportunity
Chapter 5 Global Labels in Pharmaceutical Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Labels in Pharmaceutical Market Size Forecast by Type
5.2.1 Paper Type
5.2.2 Plastic Film Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Labels in Pharmaceutical Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Labels in Pharmaceutical Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Labels in Pharmaceutical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Labels in Pharmaceutical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Labels in Pharmaceutical Analysis and Forecast
9.1 Introduction
9.2 North America Labels in Pharmaceutical Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Labels in Pharmaceutical Market Size Forecast by Type
9.6.1 Paper Type
9.6.2 Plastic Film Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Labels in Pharmaceutical Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Labels in Pharmaceutical Analysis and Forecast
10.1 Introduction
10.2 Europe Labels in Pharmaceutical Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Labels in Pharmaceutical Market Size Forecast by Type
10.6.1 Paper Type
10.6.2 Plastic Film Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Labels in Pharmaceutical Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Labels in Pharmaceutical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Labels in Pharmaceutical Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Labels in Pharmaceutical Market Size Forecast by Type
11.6.1 Paper Type
11.6.2 Plastic Film Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Labels in Pharmaceutical Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Labels in Pharmaceutical Analysis and Forecast
12.1 Introduction
12.2 Latin America Labels in Pharmaceutical Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Labels in Pharmaceutical Market Size Forecast by Type
12.6.1 Paper Type
12.6.2 Plastic Film Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Labels in Pharmaceutical Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Labels in Pharmaceutical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Labels in Pharmaceutical Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Labels in Pharmaceutical Market Size Forecast by Type
13.6.1 Paper Type
13.6.2 Plastic Film Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Labels in Pharmaceutical Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Labels in Pharmaceutical Market: Competitive Dashboard
14.2 Global Labels in Pharmaceutical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McCourt Label Company
14.3.2 CCL Industries
14.3.3 Kinglabel
14.3.4 Win Label Printing
14.3.5 Pharmaceutic Litho & Label Company
14.3.6 Nice Label
14.3.7 Avery Dennison
14.3.8 Ritrama
14.3.9 UPM Raflatac
14.3.10 Luminer Converting Group
14.3.11 CS Labels
