Market Overview:
The global multifunctional label adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multifunctional label adhesives from various end-use industries, such as food & beverages, pharmaceuticals, personal care, industrial labels, retailers and supermarkets, logistics and others. In terms of type, the water-based segment is projected to lead the global multifunctional label adhesive market during the forecast period. This can be attributed to its properties such as non-toxicity and environmental friendliness.
Product Definition:
Multifunctional Label Adhesive is an adhesive that can be used for a variety of purposes, such as bonding and sealing. It is important because it can be used for multiple applications, which saves time and money.
Water-based Label Adhesive:
Water-based label adhesive is a type of label adhesives that are made from water and binders. It has low Volatile Organic Compounds (VOC) content, which makes it suitable for food & beverage packaging applications. The product offers several advantages over solvent-based products including reduced risk of VOCs exposure, improved productivity, and less downtime during the changeover process.
Solvent-based Label Adhesive:
Solvent-based label adhesive is a type of hot melt adhesive that is manufactured using solvents as the main ingredients. The product offers several advantages over water-based or solvent-based, which are commonly used in the industry. These advantages include quick drying time and ease of application among others.
Application Insights:
The food and beverages application segment led the global multifunctional label adhesive market in 2017. This is attributed to increasing demand for packaged food products across the globe. The segment is also projected to witness significant growth over the forecast period owing to rising disposable income levels, which has resulted in an increase in spending on home cooked meals and snacks.
The personal care application segment accounted for a considerable share of 13.3% of the total revenue in 2017 due to high product demand from major players such as L'Orĩal S.A., Estĩe Lauder Companies Inc., Avon Products Inc., Mary Kay Ltd., etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan, and South Korea. It also includes emerging countries with fast-growing economies such as Indonesia and Malaysia. Increasing population coupled with rising living standards have spurred product demand in this region.
The personal care industry has witnessed significant growth due to increasing consumer spending on grooming products among men and women alike.
Growth Factors:
- Increasing demand for multifunctional labels in various end-use industries such as automotive, consumer goods, and healthcare
- Rising popularity of digital printing technology that offers high flexibility and customizability to labels
- Proliferation of e-commerce platforms that has led to an increase in the demand for product labeling
- Growing trend of self-adhesive labels among consumers
- Technological advancements in the adhesive industry that are resulting in the development of innovative adhesive products
Scope Of The Report
Report Attributes
Report Details
Report Title
Multifunctional Label Adhesive Market Research Report
By Type
Water-based Label Adhesive, Solvent-based Label Adhesive
By Application
Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers and Supermarkets, Logistics, Others
By Companies
Henkel, Arkema, H.B.Fuller, 3M, Hexion, DowDuPont, Eastman Chemical, Avery Dennison, Mapei S.P.A., RPM International, Yokohama, Mactac, Illinois Tool Works (ITW), Ashland, Huntsman, Sika, Gardner-Gibson, Franklin International, Huitian New Materials, Wynca
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Multifunctional Label Adhesive Market Report Segments:
The global Multifunctional Label Adhesive market is segmented on the basis of:
Types
Water-based Label Adhesive, Solvent-based Label Adhesive
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
Food & Beverages, Pharmaceuticals, Personal Care, Industrial Labels, Retailers and Supermarkets, Logistics, Others
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:
- Henkel
- Arkema
- H.B.Fuller
- 3M
- Hexion
- DowDuPont
- Eastman Chemical
- Avery Dennison
- Mapei S.P.A.
- RPM International
- Yokohama
- Mactac
- Illinois Tool Works (ITW)
- Ashland
- Huntsman
- Sika
- Gardner-Gibson
- Franklin International
- Huitian New Materials
- Wynca
Highlights of The Multifunctional Label Adhesive 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:
- Water-based Label Adhesive
- Solvent-based Label Adhesive
- By Application:
- Food & Beverages
- Pharmaceuticals
- Personal Care
- Industrial Labels
- Retailers and Supermarkets
- Logistics
- Others
- 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 Multifunctional Label Adhesive 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?
Multifunctional label adhesive is a type of adhesive that can be used to attach labels to multiple surfaces. It is often used in the manufacturing and packaging industries, where it is necessary to attach labels to multiple parts of a product. Multifunctional label adhesive can also be used for other purposes, such as attaching stickers or decals.
Some of the key players operating in the multifunctional label adhesive market are Henkel, Arkema, H.B.Fuller, 3M, Hexion, DowDuPont, Eastman Chemical, Avery Dennison, Mapei S.P.A., RPM International, Yokohama, Mactac, Illinois Tool Works (ITW), Ashland, Huntsman, Sika, Gardner-Gibson, Franklin International, Huitian New Materials, Wynca.
The multifunctional label adhesive market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multifunctional Label Adhesive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multifunctional Label Adhesive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multifunctional Label Adhesive Market - Supply Chain
4.5. Global Multifunctional Label Adhesive Market Forecast
4.5.1. Multifunctional Label Adhesive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multifunctional Label Adhesive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multifunctional Label Adhesive Market Absolute $ Opportunity
5. Global Multifunctional Label Adhesive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multifunctional Label Adhesive Market Size and Volume Forecast by Type
5.3.1. Water-based Label Adhesive
5.3.2. Solvent-based Label Adhesive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multifunctional Label Adhesive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multifunctional Label Adhesive Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Pharmaceuticals
6.3.3. Personal Care
6.3.4. Industrial Labels
6.3.5. Retailers and Supermarkets
6.3.6. Logistics
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multifunctional Label Adhesive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multifunctional Label Adhesive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multifunctional Label Adhesive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multifunctional Label Adhesive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multifunctional Label Adhesive Demand Share Forecast, 2019-2026
9. North America Multifunctional Label Adhesive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multifunctional Label Adhesive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multifunctional Label Adhesive Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Pharmaceuticals
9.4.3. Personal Care
9.4.4. Industrial Labels
9.4.5. Retailers and Supermarkets
9.4.6. Logistics
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multifunctional Label Adhesive Market Size and Volume Forecast by Type
9.7.1. Water-based Label Adhesive
9.7.2. Solvent-based Label Adhesive
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multifunctional Label Adhesive Demand Share Forecast, 2019-2026
10. Latin America Multifunctional Label Adhesive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multifunctional Label Adhesive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multifunctional Label Adhesive Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Pharmaceuticals
10.4.3. Personal Care
10.4.4. Industrial Labels
10.4.5. Retailers and Supermarkets
10.4.6. Logistics
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multifunctional Label Adhesive Market Size and Volume Forecast by Type
10.7.1. Water-based Label Adhesive
10.7.2. Solvent-based Label Adhesive
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multifunctional Label Adhesive Demand Share Forecast, 2019-2026
11. Europe Multifunctional Label Adhesive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multifunctional Label Adhesive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multifunctional Label Adhesive Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Pharmaceuticals
11.4.3. Personal Care
11.4.4. Industrial Labels
11.4.5. Retailers and Supermarkets
11.4.6. Logistics
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multifunctional Label Adhesive Market Size and Volume Forecast by Type
11.7.1. Water-based Label Adhesive
11.7.2. Solvent-based Label Adhesive
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multifunctional Label Adhesive Demand Share, 2019-2026
12. Asia Pacific Multifunctional Label Adhesive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multifunctional Label Adhesive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multifunctional Label Adhesive Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Pharmaceuticals
12.4.3. Personal Care
12.4.4. Industrial Labels
12.4.5. Retailers and Supermarkets
12.4.6. Logistics
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multifunctional Label Adhesive Market Size and Volume Forecast by Type
12.7.1. Water-based Label Adhesive
12.7.2. Solvent-based Label Adhesive
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multifunctional Label Adhesive Demand Share, 2019-2026
13. Middle East & Africa Multifunctional Label Adhesive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multifunctional Label Adhesive Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multifunctional Label Adhesive Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Pharmaceuticals
13.4.3. Personal Care
13.4.4. Industrial Labels
13.4.5. Retailers and Supermarkets
13.4.6. Logistics
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multifunctional Label Adhesive Market Size and Volume Forecast by Type
13.7.1. Water-based Label Adhesive
13.7.2. Solvent-based Label Adhesive
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multifunctional Label Adhesive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multifunctional Label Adhesive Market: Market Share Analysis
14.2. Multifunctional Label Adhesive Distributors and Customers
14.3. Multifunctional Label Adhesive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arkema
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. H.B.Fuller
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. 3M
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hexion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DowDuPont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eastman Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Avery Dennison
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mapei S.P.A.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RPM International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yokohama
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mactac
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Illinois Tool Works (ITW)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ashland
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Huntsman
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sika
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gardner-Gibson
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Franklin International
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huitian New Materials
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wynca
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook