Shipping Labels Market

Shipping Labels Market Outlook

The current valuation of the shipping labels market amounts to USD 49.53Bn in the year 2022. It is anticipated to grow at a CAGR of 6.1% from 2022 to 2032. It is estimated to reach a valuation of USD 83.03Bn by the year 2032.

Shipping labels have always been in trend as they are a convenient labelling option. Moreover, increased consumer awareness has marketed growth for shipping labels. However, factors such as quality, durability, and permanency of the product contribute to its growth.

The demand for shipping labels recorded a slight fall during the coronavirus pandemic in 2020. However, it showed a gradual growth from 2021 as even in the pandemic, pharmaceutical products were in demand and needed labels. In addition, with the growth of the e-commerce industry, there has been a positive effect on the market as shipping labels are not only used on the product but also the packaging.

The key manufacturers focus on making the shipping labels more durable, water resistant, UV resistant and various temperature properties. An increase in Per capita disposable income has increased the demand for products such as clothing, styling and other goods.

People's busy lives have driven them to use packed food and drinks, which contribute to the growth in the sales of shipping labels. Shipping labels can be made according to the needs of consumers and ongoing trends. They can be creative or simple based on the type of product they will use.

The shipping label can be permanent or removable. On products that are required to be handled with caution, foods and beverages that contain allergic warnings, permanent labels are suitable. In contrast, in products related to clothing and external use, removable labels are suitable.

Labels can be used in various products such as food, beverages, pharmaceuticals, electronics, personal care, households etc. the labels used especially on products such as foods should contain all the necessary information, such as allergic warnings and ingredients used. Many companies have also designed their labels, mainly those involved in e-commerce. This also helps in branding.

The government has certain rules applied to labels that a manufacturer should consider while making labels. For example, the labels used on food packaging should contain adhesives made with safe chemicals and ones that don’t penetrate the outer layer of the packaging.

Multiple End-use Industries Emerge to Create Profitable Opportunities for the Market Players

Budding cross border trade escalating the growth of Shipping Labels Market. Products shipped are exposed to water, dirt and other environmental conditions, use of shipping labels keeps the print intact for brand building or product recognition. Shipping labels are used in food, beverage, pharmaceutical, cosmetics, consumer goods, and chemical industry.

Shipping labels are resistant to degradation of quality from the impact of external weather & water and allow labels to retain their visual and material quality for longer period of time. Polypropylene (PP), Polyethylene (PE), Polyvinyl chloride (PVC), foil and specialty papers are some examples of materials used for manufacturing of shipping label stocks, as these materials do not absorb water and act as a barrier to moisture and other external environmental conditions. There have been introduction of new technologies in shipping labels that allow exporter to keep a track of goods in real time

Shipping Labels Market: Market Dynamics

Rapid industrialization across the geographies have created new opportunities for the global trade. Manufacturers with the help of growing supply chain capabilities are exploring new geographies to tap the market potential, is the key factor driving the growth in shipping labels market. The need of labeling the containers of chemical and hazardous materials with shipping labels for safety purposes is another factor boosting the growth in shipping labels market.

Shipping labels allow logistic handling crew to keep a track of the goods as shipping labels do not get tampered due to high abrasive resistance. Government regulations for shipping goods across the port can positively influence the growth in shipping labels market. However, increasing trend for direct to surface printing can impact negatively the demand for world shipping labels market as surface printing eliminates the need for labels and has resistance to external environment.

Moreover, flexible packaging is gaining traction in packaging industry on the backdrop of its advanced technology and Increased usage of flexible packaging can limiting the usage of shipping labels as most of the flexi packed goods are surface printed which are water resistant. However, emerging economies are expected to present significant opportunities for shipping labels market due to the high economic growth rate in the region.

APEJ region being the manufacturing hub of the world is expected to be the largest contributor in world shipping labels market. North America is expected to follow APEJ region in world shipping labels market as the region is largest importer and second largest exporter in the world.

Western and Eastern Europe are expected to grow moderately in shipping labels market. Latin America and MEA region are expected to be small but rapidly growing region in shipping labels market. Japan is expected to contribute significant share in shipping labels market on the backdrop of highest per capita consumption of packaging.

Ismail Sutaria

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Shipping Labels Market

Key Players:

Some major players of the shipping labels market are Lintec Corporation, Bemis Company, Inc., UPM Raflatac Ltd, 3M Company, CCL Label Inc., WS Packaging Group, Inc., Herma Gmbh, Fuji Seal International, INC., PMC Label and Robos GmbH & Co. KG.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Sign-Up

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Shipping Labels Market: Market Segmentation

Shipping labels market is segmented by product type, printing technology and material type

Based on the product type, shipping labels market is segmented into:

• Non Adhesive Based
• Glue Applied
• In-mold Label
• Sleeve Label
• Adhesive based
• Permanent
• Removable

Based on the printing technology type, shipping labels market is segmented into:

• Digital Printed Labels
• Thermal Printed Labels
• Lithographic Printed Labels
• Flexographic Printed Labels

Based on the material type, shipping labels market is segmented into:

• Speciality Papers
• Foil
• Plastics
• Polypropylene (PP)
• Polyethylene (PE)
• Polystyrene (PS)
• Polyvinyl Chloride (PVC)
• Polycarbonate (PC)
• Polymethyl Methacrylate (PPMA)
• Others (PET, etc.)

Shipping Labels Market - Regional Outlook:

• North America
• Latin America
• Eastern Europe
• Western Europe
• Asia-Pacific excluding Japan (APEJ)
• Middle East & Africa (MEA)
• Japan