Magnifier Labels Market Size Estimated to Observe Significant Growth During 2017 – 2025

Global Magnifier labels Market: Introduction

Magnifier label is an innovative packaging solution that allows end consumers to read small sized prints on the packaging of the product. The global market for magnifier labels is currently in the introductory stage as of 2017. However, the critical value offering of magnifier labels is anticipated to create huge business opportunities for packaging manufacturers, particularly catering to pharmaceutical market segments. The global market for magnifier labels is expected to grow rapidly due to its application in the packaging of pharmaceutical products and medical devices.

Global Magnifier labels Market: Segmentation

The global market for magnifier labels is segmented into material type and by end user base.

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As per material type, the global market for magnifier labels is segmented as follows:

• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride (PVC)
• Polyethylene (PE)
• Other plastics

As per end user base, the global market for magnifier labels is segmented as follows:

• Pharmaceuticals
• Medical Devices
• Personal Care Products
• Food and Beverages
• Others

Global Magnifier labels Market: Market Dynamics

Magnifier labels have huge potential to solve compelling issues in convenience and usage of pharmaceutical drug delivery and administration. Magnifier labels particularly prove beneficial in facilitating compliance pertaining to product usage and administration of drugs in healthcare processes. Medical errors due to improper use of product causes harmful reactions for millions of people every year. Compliance with appropriate product usage is a major issue especially in pharmaceutical products. Pharmaceutical products are produced in multiple volumes and are packed in ampoules, vials, dropper bottles, packer bottles, etc. Pharmaceutical packaging has to provide challenging solutions to print larger information on limited space. Critical amount of product information printed on packaging of pharmaceutical products often lead to mistakes in drug usage and dosage. Packaging products such as magnifier labels allow consumers to read small sized print on the packaging of pharmaceutical products. Magnifier labels thus, reduce the possibility of mistakes occurring in drug usage and drug administrations.

The market is expected to witness multifold growth in terms of production, post the diffusion of technology among packaging and labels manufacturers. The global market for magnifier labels is anticipated to generate considerable incremental opportunity into consumer market segments such as personal care products, home care products and also in food and beverages packaging.

Apart from facilitating convenient reading of small sized prints on packaging, the magnifier labels used in packaging can prove to be an effective marketing tool. Industry segments including personal care, home car, food and beverages have increasingly adopted multi-layer labels into their product packaging. The global market for magnifier labels market is anticipated to be further benefited from adoption of multi-layer technology into end use market segments.

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