To know the impact of COVID-19 On Automotive Labels Market By Type (Warning & safety labels, Branding labels, Dome labels, Asset labels), By Raw Material (PVC, PP, PET, PE, ABS, PU, PC), By Mechanism (Pressure-sensitive, Glue-applied, Heat transfer, In-mold), By Application (Exterior labels, Interior labels, Engine component labels), Based On Region, And Segment Forecasts, 2022 - 2028 Market
Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027
Global Automotive Labels Market is valued at USD 7.74 Billion in 2021 and expected to reach USD 10.96 Billion by 2028 with a CAGR of 5.10% over the forecast period.
Rise in requirement for passenger cars is predicted to power the automotive label market during the coming period. Technical developments and need of data display in commercial vehicles are predicted to power the automotive label market during the coming period.
Scope of The Report:
The printed data on fabric, paper, polymer, metal plate, or different material for acknowledgment or attached on an automotive part is dubbed as an automotive label. The labels used in the automotive sector require withstanding harsh environmental conditions and they transfer data about the dates, producer, details, and safety of the component. The demand for automotive labels is rising at a consistent speed due to rise in the requirement for smart labels, for instance, QR codes, barcodes, and RFID identifications so as to differentiate safety information, parts, and data in the automotive making. Automotive labels can be tagged on vehicles with no additional apparatus. The labels can be fitted effectively with the help of bolts or paste. Data on the labels might be easy to understand and visible, it aims to be composed with black on white or the other way around. Automotive labels are fitted on the motors, engine, chassis, and drive trains. Marks assist efficiently recognize the elements of the vehicle. These labels can be scrambled by numbers, codes, alphanumeric arrangement, or letter sets.
The global automotive labels market can be divided by application, type, sales channel, and regions vehicle type. By type, the automotive label market can be divided into dome labels, asset label, cautioning labels, marking labels, and stock names. For differentiating proof strategy, labels used are barcode, hologram, and RFID. By application, the automotive labels market can be divided into engine component labels, chassis labels, exterior labels, and interior labels.
By sales channel, the market can be divided into aftermarket and OEM. OEMs use attractive and eye-catching automotive labels in vehicles to offer data in order to elevate brand awareness. Hence, the OEM section is expected to grow during the coming period. By vehicle type, the automotive label market can be divided into commercial vehicle and passenger vehicle. The passenger vehicle section can be further sub-divided into sedan, hatchback, and SUV/MUV. Rise in requirement for passenger cars is predicted to power the automotive label market during the coming period. Technical developments and need of data display in commercial vehicles are predicted to power the automotive label market during the coming period.
Automotive Labels Manufacturers:
The major players included in the global automotive labels market forecast are,
- Avery Dennison Corporation
- Sika AG
- Adhesives Research, Inc
- Lewis Label Products
- Grand Rapids Label
- H.B. Fuller
- Imagetek Labels
- William Frick & Co.
- Weber Packaging Solutions, Inc.
- CCL Industries, Inc.
- UPM Raflatac
- tesa SE
Automotive Labels Market Key Segments:
- Warning & safety labels
- Branding labels
- Dome labels
- Asset labels
By Raw Material:
- Polyvinyl chloride (PVC)
- Polypropylene (PP)
- Polyethylene terephthalate (PET)
- Polyethylene (PE)
- Acrylonitrile butadiene styrene (ABS)
- Polyurethane (PU)
- Polycarbonate (PC)
- Heat transfer
- Exterior labels
- Interior labels
- Engine component labels
By Printing Technology:
- Digital printing
- Screen printing
By Identification Technology:
The Global Automotive Labels Market Is Seeing Growth Due To The Serious Interest For Labels During The Coming Period
The global automotive labels market is seeing growth due to the serious interest for labels and altering technical dynamics for active labels and smart labels during the coming period. Rising requirement for RFID (radio frequency identification) labels and high development in evolving nations are major factors powering the automotive labels market. Requirement for eco-friendly techniques of label production is also a major factor powering the global market. Automotive labels must be made with high caliber and exactness for their durability, as they require withstanding outrageous natural conditions. Increasing raw material prices of labels, for instance, resins, metals, colors, and polymers, acts as a limiting factor for the automotive labels market growth.
Asia Pacific Is Predicted To Show High Requirement For Automotive Labels During The Coming Period
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
Key Benefits for Global Automotive Labels Market Report:-
- Global Automotive Labels Market report covers in-depth historical and forecast analysis.
- Global Automotive Labels Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country levels.
- Global Automotive Labels Market report helps to identify opportunities in the marketplace.
- Global Automotive Labels Market report covers extensive analysis of emerging trends and the competitive landscape.
Frequently Asked Questions (FAQ) :
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Automotive Labels Market by Segmentations & Trends - 2022
Automotive Labels Market By Type (Warning & safety labels, Branding labels, Dome labels, Asset labels), By Raw Material (PVC, PP, PET, PE, ABS, PU, PC), By Mechanism (Pressure-sensitive, Glue-applied, Heat transfer, In-mold), By Application (Exterior labels, Interior labels, Engine component labels), Based On Region, And Segment Forecasts, 2022 - 2028
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