Global Automotive Labels Market is Growing at a CAGR of 4.7% in 2025

Global Automotive Labels Market is expected to reach USD 9.10 billion by 2025, from USD 5.75 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Labelling is in other words assigning short name/phrase to something. It is used to differentiate between two products in the market. Security label refers to the labelling/assigning of security information for a product or bundles of the same product. These automotive labels are then used to protect that product from theft, alteration, or any misuse of confidential information. Automotive labels are tough and stand against harsh conditions and usage. Automotive labels are widely used by industry for brand recognition and even paving a way to track the item on basis of the label.

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Competitive Analysis: Global Automotive Labels Market

The global automotive labels market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of organic pigments market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Automotive Labels Market

The key players operating in the global automotive labels market are –

• 3M
• Avery Dennison Corporation
• CCL Industries Inc.
• UPM Raflatac
• Sika AG

The other players in the market are Dunmore, ImageTek Labels, LINTEC Corporation, Tesa SE- A Beiersdorf Company, Lewis Label Products, Seiko Holdings Corporation, Automotive labels International, Sandora Sales and Manufacturing Ltd., Honeywell International Inc., Polylabel, Intertronics, R.R. Donnelley & Sons Company, OpSec Security Group Ltd., H.B. Fuller Company, Guangzhou Manborui Material Technology Co Ltd., Constania, R.R. Donnelley & Sons Company, FLEXcon Company Inc., Torraspapel S.A, Bemis Company Inc., and Adhesives Research Inc. among others.

Segmentation: Global Automotive Labels Market

• By Type (Warning & Safety Labels, Asset Labels, Others),
• By Raw Materials (Polyvinyl Chloride, Polypropylene, Polyethylene Terephthalate, Polyethylene, Polyurethane, Polycarbonate, Others),
• By Mechanism (Pressure Sensitive, Heat Transfer, In-Mold, Ohers),
• By Printing Technology (Flexography, Offset, Others),
• By Application (Exterior Labels, Interior Labels, Engine Component Labels, Others), Other)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• Growing automobile industry and an increase in automobile demands.
• Increasing security and tagging mandates and regulation concerns driving the market.
• Growing security concerns, emerging databases and urbanisation has a positive impact on the market.

Market Restraints:

• High costs of raw materials.
• Achieving economies of scale is very competitive for small players.

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