Top 5 Companies in the Global Labels Market

The global labels market reached a volume of about 68.81 billion square metre in 2023. The market is projected to grow at a CAGR of 4.5% in the forecast period of 2024-2032 to reach around 102.22 billion square metre by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the shift towards plastic materials due to their technological and cost advantages.

In retail, a label refers to a material component, often composed of plastic, paper, or fabric, affixed to a product. Typically showcasing the product's name, logo, and brand, labels serve as informative aids for consumers, offering essential details about the item. For products necessitating assembly or installation, labels may also include step-by-step instructions to guide users through the process.

The adoption of plastic materials, driven by their technological advancements and cost-effectiveness, coupled with enhanced aesthetic appeal, is propelling labels market growth. Additionally, the market is experiencing expansion fuelled by the growing disposable income among middle-class consumers and heightened expenditures in the retail and FMCG sectors.

An emerging trend bolstering the labels market development involves the widespread embrace of smart labels, facilitating novel interactions between consumers and products. Firms are leveraging innovative technologies to incorporate additional information on labels, aligning with escalating regulatory mandates mandating comprehensive label disclosures. Consequently, RFID labels and barcode labels are witnessing heightened utilisation across logistics and retail domains.

In June 2023, Upside Foods, a pioneer in cultivated meat, secured label approval from the U.S. Department of Agriculture (USDA) for its cultured chicken. With this milestone, the company progressed towards obtaining a Grant of Inspection (GOI) for its Engineering, Production, and Innovation Centre (EPIC). The term "cell-cultivated chicken" was used on the approved label, adhering to labelling requirements akin to traditional meat products. Having fulfilled all pre-market requisites, Upside Foods awaited USDA inspection to commence commercial production and sales, marked by the USDA seal of approval on packaging.

Top 5 Labels Companies in the World:

CCL Industries

CCL Industries Inc., with approximately 25,700 employees across 213 facilities in 43 countries, is a global leader in converting pressure sensitive and speciality extruded film materials. Its divisions, including Avery, Checkpoint, and Innovia, cater to various industries with products like labels, packaging films, and RFID technology. The company is vertically integrated, with expertise in materials science, polymer extrusion, and surface engineering. CCL Container specialises in aluminium aerosol cans and bottles for U.S. consumer goods. Headquarters are in Toronto and Framingham.

WestRock Company

WestRock, a global leader in sustainable paper and packaging solutions, unites materials scientists, packaging designers, and manufacturing experts to innovate boldly and package sustainably. With over 58,000 team members and 300 production facilities worldwide, the company leverages leading science and technology to drive innovation in fibre-based packaging. Guided by values of integrity and excellence, WestRock partners with customers to advance business and sustainability goals, envisioning a better future for communities and the planet through responsible packaging solutions.

Multi-Color Corporation

Multi-Color Corporation (MCC) prioritises delivering tailored label solutions to meet customer needs, focusing on visual branding and functionality. With market expertise and a global network, MCC offers premium label solutions across various industries, including automotive, beverage, food, healthcare, and personal care. Their 14,000+ employees across 29+ countries ensure custom solutions are delivered efficiently from 110+ production facilities worldwide. MCC remains dedicated to innovation and customer satisfaction, serving as a leader in the label industry.

Fuji Seal International, Inc.

Fuji Seal International, Inc., a Japan-based firm, specialises in providing packaging solutions globally. Founded in 1897 as a wooden products manufacturer, it transitioned to packaging in the 1950s, focusing on shrink sleeve labels. Today, the company offers a range of packaging systems, including shrink sleeve labels, pressure-sensitive labels, spouted pouches, and machinery. With a history of innovation and adaptation to evolving container trends, Fuji Seal International remains a key player in the packaging industry.

DPS Group

DPS is a global firm specialising in consulting, engineering, and construction management for high-tech industries worldwide. With experts strategically located across Europe, the Middle East, Asia, and the US, the company brings cutting-edge resources and innovative technologies to every project. The company is dedicated to quality, adhering to international standards such as I.S. EN ISO 9001:2015 at every stage. DPS prioritises meeting the clients' evolving needs and expectations, embedded into the company culture and operations.