Reclosure labels Market is Dazzling Worldwide and Forecast to 2031
The global reclosure labels market is anticipated to grow at a significant CAGR of 4.3% during the forecast period of 2024-20231. The market growth is attributed to factors such as growing demand for food safety, innovations in temporary adhesive and labelling technology, growing demand for easy-to-use/convenience packaging solutions, and growing demand for sustainable packaging among others. For instance,
In July 2023, Earthbound Farm
implemented sustainable packaging technology featuring peel-and-reseal
capabilities, resulting in a substantial reduction of up to 32% in its plastic
consumption. This eco-friendly initiative has led to a yearly decrease of approximately
3.5 million pounds of plastic use by replacing traditional rigid lids with
resealable lids and discontinuing the use of top and bottom labels.
• In
June 2023, Parkside introduced its ParkScribe laser scoring technology, which
is designed to facilitate the creation of peel-and-reseal PET lids using the
company's lidding films. This technology is intended for application across
Parkside's compostable, renewable, paper-based, and recyclable monomer
solutions.
• In
September 2022, Richmond announced new product packaging which includes
products of reclosure label packaging. According to the company, Richmond has
reduced the amount of plastic used in its Fresh Pork range by 40% and its
Frozen Pork range by 33.0%, saving more than 42 tons of plastic annually.
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•
The market number available for – 2023-2031
•
Base year- 2023
•
Forecast period- 2024-2031
Segment
Covered-
·
By Material
·
By End-Users Industry
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape- includes Avery Dennison
Corp., UPM Global, CCL Industries Inc., Transcontinental Inc., and R.R.
Donnelley & Sons Company, among others.
Reclosure Labels Market Report Segment
By Material
•
Paper
•
Film
•
Plastic
By End-users Industry
•
Healthcare
•
Medical and Pharmaceuticals
•
Food and Beverages
•
Cosmetics and Personal Care
•
Other (Industrial Applications)
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Reclosure labels Market
Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
•
All4Labels Group GmbH.
•
Clondalkin Group Holdings B.V.
•
Constantia Flexibles Group GmbH (subsidiary of
Wendel SA)
•
Honsen Group
•
Inland Label and Marketing Services, LLC
•
Label World Ltd.
•
Lauterbach Group Inc.
•
Monarch Graphics India Private Limited.
•
NAStar, Inc.
•
R.R. Donnelley & Sons Company (a subsidiary
of Chatham Asset Management LLC)
•
Ravenwood Packaging Ltd
•
Reflex Labels Ltd
•
Resource Label Group, LLC
•
Transcontinental Inc.
•
UPM Global
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