Market Status of China’s Label Industry in 2021: The Prominence of Self-Adhesive Labels

**1. Global Label Market Trends

The global label market has experienced significant growth, driven by increased demand across various sectors:

• Key Drivers:

• Packaging: Rising demand for packaging labels due to expanding consumer goods markets.

• Anti-Counterfeiting: Labels play a crucial role in product authentication and anti-counterfeiting measures.

• Logistics: Enhanced tracking and management capabilities are fueling the need for labels in logistics.

• Personalization: Growing consumer preferences for personalized and functional labels are accelerating product innovations.

**2. Asia’s Dominance in the Global Label Market

Asia, led by countries such as China and India, has become the largest market for labels due to:

• Industrialization: Rapid industrial development is increasing the demand for labeling solutions.

• Improved Consumption Power: Rising consumer spending drives the need for more diverse and sophisticated labels.

• Market Share: In 2018, Asia accounted for 44% of global label sales, underscoring its significant role in the global market.

**3. Growth of China’s Label Industry

China's label industry, though relatively young, has seen remarkable growth:

• Historical Growth:

• From 2013 to 2018, the total output value of China’s label printing industry increased from 30 billion yuan to 46.87 billion yuan, achieving a compound annual growth rate (CAGR) of 9.33%.

• In 2019, the industry sustained a growth rate of 7% to 8%.

• The China Business Industry Research Institute projects the total output value to reach 57.08 billion yuan in 2021.

• Factors Contributing to Growth:

• Economic Stability: Ongoing macroeconomic stability supports industry expansion.

• Increased Consumption: Growing consumer demand for diverse and high-quality labels boosts market growth.

**4. Self-Adhesive Labels: Market Position and Advantages

Self-adhesive labels have gained significant traction and hold an important position in the label market:

• Market Share:

• In 2018, self-adhesive labels accounted for 40% of the total label market demand, reflecting their growing importance.

• Advantages:

• Versatility: Self-adhesive labels can be produced from a variety of materials, including paper, film, and special materials.

• Performance: They offer high-quality printing and strong adhesion, suitable for diverse applications.

• Efficiency: Self-adhesive labels streamline the labeling process, reducing the time and effort required compared to traditional labeling methods.

• Personalization: They cater to the rising demand for customized and sophisticated labeling solutions.

• Market Trends:

• The versatility and efficiency of self-adhesive labels contribute to their increasing market share as consumer preferences evolve and the labeling environment diversifies.

Summary

The label industry in China is experiencing robust growth, driven by a combination of economic development and increasing consumer demands. Self-adhesive labels, in particular, are gaining prominence due to their versatility, efficiency, and suitability for a wide range of applications. As the industry continues to expand, self-adhesive labels are expected to play an increasingly significant role in meeting the evolving needs of the market.