Security Labels Market - to Witness Huge Growth by 2026: Evaluating By Global Leading Players

Security Labels Market - to Witness Huge Growth by
2026: Evaluating By Global Leading Players
Security labels are pressure sensitive and heat-applied labels illustrating either the brand logo
or some security information. These labels are three times stronger and durable than the
conventional labels and disintegrate when attempted to remove it. Security labels leave a
pattern when peeled off and hence, can protect against any theft, as it can be used as a
security seal.
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Market Dynamics
Some properties of security labels such as its premium quality, minimal weight, and
recyclability are factors that attract the end-use industries such as food and beverages,
pharmaceutical, and others. This results in increasing demand for security labels, thereby
driving growth of the security labels market.
Security labels leave a pattern when peeled off and hence, can protect against any theft, as it
can be used as a security seal.
However, the additional price of the product as compared to the conventional labels is a
major factor that is affecting growth of the global security labels market. Additional cost
involved with the premium quality of plastic used for manufacturing labels, ink used for
printing, and special compatible software required for the digital printing are not preferred by
all the manufacturers.
Market Outlook
There is increasing demand for security labels in food and beverages and pharmaceutical
industries
In case of pharmaceuticals, safe labeling is of highest importance. As conventional labeling is
less durable, it can mislead the patient and might be dangerous. In 2016, the North America
pharmaceutical industry generated around US$ 450 billion.
Food and beverage industry is also expected to grow in terms of market share during the
forecast period. The major reason behind the increasing demand for security labels in this
industry is the rising number of packaged food and beverages being consumed by people,
globally.
Key Players
Key players operating in the global security labels market include Honeywell International
Inc., 3M, CCL Industries Inc., tesa SE, Security Labels International, and UPM Raflatac
among others.
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The research report on Security Labels Market is segmented by Product Type, by Composition Type, by Identification Type, by End-use Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026