Newark, June 07, 2022 (GLOBE NEWSWIRE) — As per the report published by The Brainy Insights, the global linerless labels market is expected to grow from USD 1.75 billion in 2021 to USD 2.62 billion by 2030, at a CAGR of 4.6% during the forecast period 2022-2030.
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The rising demand from customer durables, retail, personal care, and pharmaceuticals sectors are anticipated to expand demand for the linerless labels market during the projection period. Further, the growing demand for linerless labels in the packaging of food & beverages owing to the rising demand for biodegradable, versatile, and eco-friendly brands is also the propelling factor of the market growth. Moreover, the fluctuating price of raw materials and stringent government regulations & rules are the restraining factors of the market growth. Furthermore, the rising adoption of advanced linerless labels in emerging economies is an opportunity for market growth.
Competitive Strategy
To enhance their market position in the global linerless labels market, the key players are now focusing on adopting the strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.
• For example, in March 2022, BIXOLON Company launched the SRP-S200 2-inch (58mm) linerless printer and the SRP-S3000 3-inch (80mm) premium linerless printer in the European…
