MarketsandMarkets projects that the Automotive Labels Market will grow from USD 5.74 Billion in 2015 to USD 7.30 Billion by 2020, at an estimated CAGR of 4.93%. This market is growing due to increasing parent industries such as automotive and packaging & labeling, mandatory compliance to the automotive labeling laws, rising demand of smart labels such as RFID & barcode, and rising demand for environmentally efficient labels production techniques. The emerging economies such as India, China, South Africa, and Brazil possess a great potential for the automotive labels market.
Request for free sample PDF brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=62917896
Premium Insights of the report:
- China: Fastest-Growing Market in the Coming Years for the Automotive Labels Market
- Asset Labels to Dominate the Automotive Labels Market By 2020
- China to Capture Largest Share in the Emerging Asia-Pacific Market in 2015
- Asia-Pacific & North America Will Be Prime Revenue Generators for the Automotive Labels Market By 2020
- Automotive Labels Market: Developing vs Developed Countries
- Automotive Labels Market Share (Value), By Application, 2020
- Automotive Labels Market Share (Value), By Material, 2015- 2020
- Life Cycle Analysis, By Region
The asset labels are made up of a variety of raw materials such as metal, polyester, or poly vinyl chloride and are highly preferred for easy identification of equipment. These labels are highly durable and deliver excellent performance in terms of extreme environmental and mechanical conditions. The growth in the asset label is supported by its features such as synchronize process of repairs, maintenance, and inventory control for enterprises as well as maintaining the authenticity of the product.
The Automotive Labels Market is segmented on the basis of mechanism into pressure sensitive, glue-applied, heat transfer, in-mold, and others. In 2014, the pressure-sensitive mechanism accounted for the largest share in the mechanism segment and is projected to grow at a highest CAGR during the forecast period.
Companies such as CCL Industries, Inc. (Canada), Sika AG (Switzerland), Adhesive Research, Inc. (U.S.), ImageTek Labels (U.S.), Lewis Label Products (U.S.), Dunmore (U.S.), 3M (U.S.), UPM (Finland), Avery Denison Corporation (U.S.), and H.B. Fuller (U.S.) were the key players who adopted this strategy to increase the reach of their offerings, improve their production capacity, and establish focus on core operations.
Early buyers will receive 10% customization on this report.
For more details Click Here
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]
This user is on the @buildawhale blacklist for one or more of the following reasons: