Global Wet Glue Labels Market reached US$ 9.5 Billion in 2023 and is expected to reach US$ 16.3 Billion by 2031, growing with a CAGR of 7.1% during the forecast period 2024-2031.
Wet Glue Labels Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Wet Glue Labels market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Wet glue labels are adhesive labels applied to products using a water-based glue or adhesive that is applied in a wet state. These labels are typically used in industries such as packaging, bottling, and food and beverage, where the label is affixed to a container or product by applying the wet adhesive, which then dries and sets the label in place. Wet glue labeling is often used for glass bottles, cans, and jars, offering a durable bond and smooth application.Forecast Growth Projected:
The Global Wet Glue Labels Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Wet Glue Labels Market:
CCL Industries Inc., Gallus Holding, Caribbean Label Crafts Ltd., CPC Packaging, Royal Sens, Arjobex America, Inc., Gavin Watson, Huhtamaki India Ltd, Reflex and Lecta.
Segment Covered in the Wet Glue Labels Market:
By Product: Plain printed label, Foil stamped label, Spot Varnish Label, Holographic Label, Others
By Material: Paper, Plastic, Metallized Paper, Others
By Grade: Uncoated Wet Glue Papers, Coated Wet Glue Papers
By Application: Food & Beverage, Confectionary, Pharmaceutical, Cosmetic, Electronic, Others
Industry Development:
On July 20, 2023, All4Labels Global Packaging Group acquired AMF Etiquetas, a Chile-based label converter, from AMF Group. This acquisition expands All4Labels' presence in the Wine & Spirit market, providing a strategic foothold in a key location. It enables the company to offer specialized products such as self-adhesive labels, wet glue labels, shrink sleeves, and in-mold labels to both existing and potential clients. The move strengthens All4Labels' position in the industry, driving growth and enhancing customer satisfaction, while marking a significant step forward in meeting the packaging needs of the Wine & Spirit sector.
Regional Break out:
The global Wet Glue Labels Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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