Linerless Labels Market Report Size with Valuable Insights, Share by 2028
According to research study by Fortune Business Insights™ The global linerless labels market share is set to gain momentum from their rising demand from the packaging & labeling industry. It is mainly occurring as the concerns regarding liner waste are upsurging. This information is published by Fortune Business Insights™ The report further mentions that the linerless labels market size was USD 2.33 billion in 2019 and is projected to reach USD 3.43 billion by 2027, exhibiting a CAGR of 5.0% during the forecast period.
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This Report Answers the Following Questions:
- What are the strategies adopted by key companies to increase sales?
- Which region is expected to lead the market by generating the largest revenue?
- Which segment would dominate the market by gaining the maximum share?
- What are the growth drivers and obstacles that the market may come across in the coming years?
- What are the challenges and opportunities in the market?
Source:
https://www.fortunebusinessinsights.com/linerless-labels-market-102778
Segment-
Food & Beverage Segment to Hold Largest Share Backed by the High Demand for Linerless Labels
Based on application, the market is segregated into logistics, retail, pharmaceutical & personal care, food & beverage, and others. Amongst these, the retail segment held 16.9% linerfree labels market share in 2019. The food & beverage segment is expected to procure the largest share throughout the forthcoming period as it is necessary for the prominent companies to differentiate their products from the competitors. Therefore, they need a wide variety of labels to showcase authentic information regarding the contents of the product.