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Warning Labels & Stickers Market: Projection of Each Major Segment
Posted: Sep 23, 2019
Warning labels & stickers are labels that warns about activities such as digging underground gas pipeline, OFC and electrical cable installations thus ensuring protection for under construction work. Warning labels & stickers finds applications on construction sites for alerting excavation crew about warnings for underground pipes, and cables among others through printed message on sheet or roll. Warning labels & stickers are economical & corrosion, alkalis resistant labels. Warning labels & stickers have bright background and pre-printed waning text in bold. OSHA and ANSI are some organization that provides specific norms regarding color. Warning labels & stickers able to withstand high tensile strength while being effective in application. Overall the outlook for the global warning labels & stickers market is expected to be positive during the next decade.
Warning Labels & Stickers Market: Dynamics
Over the past few years, leading FMCG product manufacturers are focusing on product differentiation to retain and expand their global footprint. Warning labels & stickers is an industrial product and easily available at ordinary stores, which is boosting the growth of the market. The ease of selling products on the Internet is attracting manufacturers to sell their products online, and deliver more efficient services to customers. Large e-commerce platforms are observing high demand for industrial products such as warning labels & stickers. Budding construction industry is driving the warning labels & stickers market growth.
Increasing awareness towards the employee safety is one of the factor escalating the market growth. In addition to this, warning labels & stickers are economic which again is boosting the market. Moreover, polyvinyl film warning labels & stickers are durable, strong which is another factor in driving the market. Warning labels & stickers or caution labels help prevent accidents like these at production or construction sites by promoting caution. However, development of alternatives to these tapes may absorb market share of warning labels & stickers in the near future.
Stringent EU regulations and FDA regulations restricting the use of harmful chemical substances such as PVC has led to the increase in demand for environmentally sustainable products. As a result, most warning labels & stickers companies are focusing on the development of bio-based labelling materials. Comparatively, high capital investment for development of these products could prove to be a major challenge for small-scale players in the market.
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Warning Labels & Stickers Market: Segmentation
On the basis of material, warning labels & stickers can be segmented as:
- Vinyl
- Polyester
- Others
On the basis of end use, warning labels & stickers can be segmented as:
- Building & Construction
- Electric cables
- Water pipelines
- Sewers
- Pharmaceuticals
- Food & Beverage
- Tobacco
- Chemicals
- Logistics & Transportation
- Oil & Lubricants
- Other manufacturing industries (Mining, Agricultural & Irrigation)
Warning Labels & Stickers Market: Key Players
Some of the key players in the warning labels & stickers market are as follows:
- 3M
- Brady Corporation
- Avery Dennison
- Resource Label Group
- CCL Industries
- Seton
- Paragon Print Systems, Inc.
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Warning Labels & Stickers Market: Key Developments
- In 2017, 3M completed the acquisition of Scott Safety – a premier safety solutions company
- In early 2017, CCL industries announces acquisition in Israel- Nortec, manufacturer of high performance labels.
- In 2016, Avery Dennison acquired Yongle Tape Company Ltd. for $190 million.
Asia Pacific is expected to be the Next Prominent Marketplace for warning labels & stickers market
Stringent safety regulations and employee welfare authorities in developed region of Germany, Italy, France and other region of Europe and United States are anticipated to boost the demand for warning labels & stickers. The rapid growth in building & construction activities in emerging countries such as China, India, and Brazil are projected to surge the demand for warning labels & stickers market due to fast-paced growth in the next five years. United States is anticipated to witness high potential in the warning labels & stickers market during the forecast period.
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