Automotive Labels Market size and Key Trends in terms of volume and value 2017-2027
Automotive Labels Market – Introduction:
The automotive label is used to recognize information printed or written on a polymer, cloth, paper, or other material which is attached to the product. Those labels which are used in automotive industry are tough to stand against severe environment conditions and offers usage information, identification, dating, and safety to assure consumers that they are getting real quality products. The automotive labels market is growing at a substantial rate due to rising requirement for smart labels such as RFID and bar code for automotive part’s identification, information, and safety in the automotive industry. The automotive labels can be mounted without any additional special tool or surface preparation. Automotive labels are manufactured with the acrylic film which is available in black lettering on silver surface and white lettering on black background. Automotive labels can be applied to engine, and chassis. Therefore automotive labels are robust in nature and can withstand harsh operating conditions for the longer shelf life of the vehicle. With the help of automotive labels, law enforcement agencies can easily detect the stolen merchandise and regulatory consultants can check compliance with applicable laws. Automotive labels can be equipped with alphanumeric serial numbers with bar codes or without bar codes.
Automotive Labels Market – Dynamics:
The automotive labels market is likely to get traction owing to the demand for active and smart labels during the forecast period. Rising demand for sustainable labels manufacturing techniques is also a major driving aspect for the growth of automotive labels market. Automotive labels market witnesses various prominent trends such as increasing demand for radio frequency identification (RFID) labels, latest technological developments in dermatology devices, and high growth in developing economies. Automotive labels manufacturers provide a wide range of labelling mechanism which includes heat transfer labelling, pressure sensitive labelling, glue applied labelling, in-mold labelling and some other mechanisms. Automotive labels are durable and manufactured with UL listed vinyl and polyester label face sheet and many other adhesive combinations that make the label work for long term applications. The automotive labels can be wrapped around the container for tamper evident safety. An attractive automotive label adds to the brand awareness of the product. Therefore manufacturers continue to provide eye catching labels to compete in automotive after-market stores.
Automotive Labels Market – Segmentation:
The global market for automotive labels is segmented on the basis of material type, mechanism, and by application.
On the basis of material type the global market for automotive labels is segmented as follows:
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Acrylonitrile butadiene styrene (ABS)
- Polypropylene (PP)
- Polyvinyl chloride (PVC)
- Polycarbonate (PC)
- Others
On the basis of mechanism the global market for automotive labels is segmented as follows:
- Glue applied labels
- Pressure sensitive labels
- Heat transfer labels
- In-mold labels
- Others
On the basis of application the global market for automotive labels is segmented as follows
- Engine components
- Interior
- Exterior
- Others
Automotive Labels Market – Regional Outlook:
On the basis of geography, automotive labels market region is divided into Latin America, North America, Eastern Europe, Western Europe, and Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among all the above region, Asia Pacific market is anticipated to be the leading automotive labels market during the forecast period. Along with APEJ, North America is also expected to grow at substantial rate.
Automotive Labels Market – Major Players:
Some of the prominent players operating in the automotive labels market include William Frick & Co., UPM Raflatac, Weber Packaging Solutions, Inc., 3M, CCL Industries, Inc., SATO, Avery Dennison Corporation, Adhesive Research, Inc., Weber Packaging, tesa SE, Sika AG, Lewis Label Products, Grand Rapids Label, Imagetek Labels, Identco, H.B. Fuller, and Dunmore.
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