Security Labels Market – Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2021
Security Labels Market Analysis and Forecast by Identification Method (Radio Frequency), Type (Branding), Application (Consumer goods) and Region – 2021
Pune, India – February 22, 2017 /MarketersMedia/ —
Market Scenario
Global Security Labels Market is driven by the growth of Food & Beverage Sector. The high demand for packaged foods induces demand for security labels. In addition to this, the surge in demand for pharmaceutical products has also contributed to the growth of security label market. This is further backed by the increased investment in the packaging industries by company to bring in better technology.
APAC dominates the Global Security Labels Market with its fast growing market worldwide. The growing regions of China and India will drive the market for security labels in the region. The factors such as rising population, increased purchasing power and economic developments are augmenting the growth of security labels market. It is followed by North America, Europe and Rest of the World.
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Key Players
• 3m Company,
• Honeywell International Inc
• Avery Dennison Corporation,
• Data Label Inc.,
• Upm Raflatac,
• Polylabel,
• Ccl Industries Inc.,
• Tesa Se,
• Rr Donnelley & Sons Co.,
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Segments
• On the basis of Identification method it is segmented as radio frequency, bar code, Holographic, and others.
• On the basis of type it is segmented as Identification, Branding and Information.
• On the basis of application it is segmented as food & beverages, pharmaceuticals and others.
• Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
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Release ID: 172205
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