Extended Text Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

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Extended Text Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

Status : December, 2021 | Packaging

Report Digest

Extended Text Labels Market: Overview

The changing consumer value propositions has shaped the packaging sector for long. Along with the prevailing regulatory dynamics of the times, product development and launches have been shaped by constant urge of packaging sector toward value-driven marketing. Players in the extended text labels market have been resorting a mix bag strategies to meet the consumer demands on one hand and explore new consumer propositions. Also called booklet labels, extended text labels are instrumental in improving the text and graphics appeal and effect on customers or consumers. They have been popularly used with pressure sensitive labels, thus the segment has been source of vast avenue in the extended text labels market. Their adoption in wide spectrum of consumer products have helped manufacturers accommodate a wide variety of product information. This includes safety warning, regulatory requirements, sales information, and hazard profile. Different types of paper and plastics are used in extended text label materials.

Some of the popular end uses in the extended text labels market are clinical trials, general pharmaceuticals, animal health, food and beverages, and chemicals. The study offers a detailed assessment on the opportunities in each of the segments, major consumer preferences, and untapped application areas in various industries.

Extended Text Labels Market: Key Trends

Rise in co-branding applications is a key trend boosting the demand in the extended text labels market. A vast avenue comes from the FMCG sector. According to India Brand Equity Foundation, the FMCG sector worldwide is expected to cross the mark of US$100 bn in one of the emerging economies of the world. This paints an incredible potential in the extended text labels market.     

Another end-use application with massive revenue potential is the automotive industry, where the use of extended text labels enable automotive chemical brands to unveil a variety of technical information. The growing demand for transparent and sustainable packaging is one of the trends spurring advancements in materials used in extended text labels market. These materials must meet the criteria of meeting range of functional needs, must be cost-effective, and must enable the use of cutting-edge labelling and packaging technology. In this regard, polypropylene is one of the attractive materials used by manufacturers in the extended text labels market. A substantial chunk of materials used fall into the resalable category. A wide range of inkjet and laser printing technologies have been harnessed by players in the market. Advances being made by these technologies are also propelling strides in the extended text labels market.

Extended Text Labels Market: Competitive Assessment

Rise in demand for customized extended text labels, notably among pharmaceutical brands, has unlocked new revenue potential for incumbents and companies intending to enter into the marketspace. Of note, these graphics have enabled these brands to display multi-lingual content. Top players in extended text labels market are keen on making their products tamper-evident to combat the risk of counterfeiting. A growing number of players in recent years have made investments mainly on consolidating their supply chains, notably in healthcare industry. A few big companies have substantial control over the forces of demand and supply in the extended text labels market.

Some of the key players in the extended text labels market are;

  • Resource Label Group LLC,
  • Schreiner Group GmbH & Co. KG,
  • Cimarron Label,
  • WS Packaging Group, Inc.,
  • CCL Industries Inc.,
  • JH Bertrand Inc.

Extended Text Labels Market: Regional Assessment

On the regional front, Asia Pacific has emerged as a potentially lucrative region. The rise in revenues in the past few years can be attributed to a thriving pharmaceutical manufacturing industry in several economies of the region. Rise in clinical trials have spurred the demand for extended text labels, notably in Latin America and Eastern Europe.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?