Automotive Labels Market Detailed Analysis, Global Top Trends and Shares, Professional & Technical Industry Vision

 


The growing product demand from the automobile sector is propelling the industry growth.

Market Size- USD 7.06 Billion in 2019, Market Growth- CAGR of 4.75%, Market Trends- Demand for Automotive Labels in Smart Labelling.

Automotive Labels Market is forecast to reach USD 10.23 Billion from USD 7.06 Billion in 2019, delivering a CAGR of 4.75% through 2027. Automotive Label is used to give details of a specific product in the automotive industry. Automotive Labels are used for displaying company name, price, information, specifications, and barcodes. The automotive labels are resistant to high-temperature. Automotive Labels also find applications in smart labels such as barcode, near field communication (NFC) and, Radio Frequency Identification (RFID), for providing identification and information.

These labels are enabling authorities to locate stolen vehicles. The global expansion of the automotive industry and mandatory compliance requirement with automotive labeling laws will be propelling automotive labels market growth through 2027.

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Further Key Findings from the report:

Ø Automotive Labels Market is driven on account of the high demand of RFID, barcodes and, NFCs in the automobile industries for the smart labelling of its products.

 

Ø On the basis of application, the market is segmented into interior, exterior and engine components market. The exterior applications segment is forecasted to witness the highest growth rate during the forecast period.

Ø Asia Pacific held the largest market share of about 52% in 2017 because of the high demand for smart labels in China and Japan, as these countries are increasingly focusing on efficient labels production techniques.

Ø Europe is forecast to account for the second-largest share of the global automotive labels market over the forecast period. The robust growth can be attributed to the presence of major OEM brands, including BMW, Jaguar, Mercedes Benz, and Aston Martin in the region.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/global-automotive-labels-market-2017-forecast-to-2022

For the objective of this report, Reports and Data has divided the Automotive Labels Market on the basis of mechanism, application, end-use, and region:

Key Players - CCL Industries, Avery Dennison Corporation, Tesa SE, UPM, 3M, SATO, Weber Packaging, Identco, Grand Rapids Label, OPT label, System Label, ImageTek Labels, Cai Ke,Polyonics, Lewis Label Products

Mechanism Outlook (Revenue, USD Billion; 2017-2027)

Ø Pressure Sensitive Labels

Ø Heat Transfer Label

Ø Glue Applied Label

Ø In Mold Label

Application Outlook (Revenue, USD Billion; 2017-2027)

Ø Interior Applications

Ø Exterior Applications

Ø Engine Component Applications

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Ø Warning Labels

Ø Asset Labels

Ø Inventory Labels

Ø Branding Labels

Ø Dome Labels

Regional Outlook (Revenue, USD Billion; 2017-2027)

Ø North America

·       U.S.

·       Canada

Ø Europe

·       Germany

·       U.K.

·       France

·       Benelux

·       Rest of Europe

Ø Asia Pacific

·       China

·       Japan

·       South Korea

·       Rest of APAC

Ø Latin America

·       Brazil

·       Rest of LATAM

Ø Middle East & Africa

·       Saudi Arabia

·       U.A.E.

·       Rest of MEA

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