The report suggests that flexo printing will lead the market with the highest value by the end of 2028
A new research report focusing on the study of the global linerless labels market has been published by Future Market Insights, offering the market forecast for the upcoming decade.
Titled ‘Linerless Labels Market Global Industry Analysis 2013 – 2017 and Opportunity Assessment, 2018 – 2028’, it projects an anticipated CAGR of 4.9% for the market during the forecast period.
According to the market analysis, the growth is driven by a gradual shift of manufacturers from conventional labels to linerless technology. The shift is attributed to benefits in cost saving, time, and the environmental edge that linerless labels have over conventional linered labels. The report indicates that the leading end-use industries in the market include retail and logistics.
Certain trends are responsible for this shift of the market, including the innovative nature of this labelling type as an ideal marketing solution. A large number of companies are experimenting with the use of linerless labels in an effort to achieve attractive product labeling. There are different types of printing technologies used such as digital printing, flexo printing, offset printing, screen printing, and more.
Among these technologies, the research report suggests that flexo printing will lead the market with the highest value by the end of 2028. Whereas offset printing is expected to witness the highest CAGR of over 5.4% during the forecast period.