Fold out product labels
are used when there is a need of more information of a product in a
limited space, instructional contents, promotion advertisement on pack,
recipe contents for food products, etc. The various advantages of fold
out product labels are folded can be removable or remain with the
product, comes in various fold patterns, and offers more space for
printing. The market of fold out product labels is growing at
significantly high growth rate as global packaging and labelling
industry growing at a rapid CAGR.
The growth of global fold out product
labels market is driven by the rising concern among the consumers about
the legitimacy of products they buy due to the availability of
counterfeit FMCG and pharmaceutical products in the market. To counter
the same, manufacturers are also opting for new packaging and labelling
technologies for their products that not only confirms the authenticity
of their products; it also helps in endorsing their products.
Furthermore, the advantages of the
product such as the requirement of less printed material, more
information in less space, reduced label cost, increased branding space
on the product, and reduced transport cost driving the global fold out
product labels market. Some of the trends identified in the global fold
out product labels market are demand for labels with a lot of
information and partnerships among the label providers and
manufacturers.
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The company providing the fold out
product labels have significantly high opportunity in regions such as
Asia-Pacific, Latin America, and Middle East Africa as in these regions
the packaging industry is experiencing significantly high growth rate
which will lead to the growth of fold out product labels market.
Fold Out Product Labels Market: Segmentation
Basically, fold out product labels market
is segmented into by fold pattern, by product type, by end-use and by
region. On the basis of fold pattern the fold out product labels market
is sub-segmented into Z type, C type, and barrel type. Among these, Z
type segment has significantly high value and volume share. The global
fold out product labels market is segmented on the basis of product type
as attached and removable.
The removable segment has the
significantly high-value share with substantial growth rate. On the
basis of end use the global fold out product labels market is segmented
as consumer products, chemical industry, pharmaceuticals, cosmetics, and
others, wherein consumer products being relatively highly growing
segment.
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