Automotive labels are extensively used in the automotive industry as they are used in applications ranging from safety and warning labels to labels identifying components in the supply chain. They are designed to not just withstand heat and other weather conditions but also fluids such as brake fluids, motor oil, hydraulic oils, and washer fluids.
MARKET DYNAMICS
The sharp rise in the demand for RFID labels and the mandatory compliance with automotive labeling laws have been the key factors behind the growth of the automotive labels market. With the rising demand for smart automotive labels such as barcodes and RFID, the consumption of automotive labels is anticipated to increase. Advancements in the RFID, QR, and NFC technologies, new developments in the printing and labeling industry, and innovations in adhesive technologies have led to enhanced automotive labels and subsequently created significant opportunities for the automotive label manufacturers. However, the high cost often associated with manufacturing automobile labels in small and medium batches by OEM manufactures is likely to impede the growth of the automotive labels markets as they are unable to get sufficient gains on investments.
MARKET SCOPE
The "Global Automotive Labels Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive labels market with detailed market segmentation by type, raw material, identification technology, mechanism, application, and geography. The global automotive labels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive labels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive labels market is segmented on the basis of type, raw material, identification technology, mechanism, and application. On the basis of type, the automotive labels market is segmented into warning & safety labels, asset labels, branding labels, dome labels, and others. The automotive labels market on the basis of raw material is classified into polypropylene, polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyurethane (PU), and others. Based on identification technology, the global automotive labels market is divided into barcode, RFID, hologram, and others. Based on the mechanism, the global automotive labels market is divided into pressure-sensitive labeling, glue-applied labeling, heat transfer, in-mold labeling, and others. Based on application, the global automotive labels market is divided into exterior labels, engine components, interior labels, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global automotive labels market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The automotive labels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive labels market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the automotive labels market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive labels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the automotive labels market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive labels in the global market. Below mentioned is the list of few companies engaged in the automotive labels market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive labels market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- 3M
- Adhesive Research, Inc.
- AVERY DENNISON CORPORATION
- CCL Industries
- Dunmore
- H.B. Fuller Company
- Imagetek Labels
- Lewis Label Products Corporation
- Sika AG
- UPM Raflatac
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.