The global reclosure labels market is anticipated to grow at a significant CAGR of 4.3% during the forecast period of 2023-2030. The market growth is attributed to factors such as growing demand for food safety, innovations in temporary adhesive and labeling technology, growing demand for easy-to-use/convenience packaging solutions, and growing demand for sustainable packaging among others. For instance,
Browse the full report description of “Reclosure Labels Market Size, Share & Trends Analysis Report by Material (Paper, Film, and Plastic), and by End-User Industry (Medical and Pharmaceuticals, Food and Beverages, Cosmetics and Personal Care, and Othera) For The Forecast Period 2023-2030.” at https://www.omrglobal.com/industry-reports/reclosure-labels-market
• In July 2023, Earthbound Farm implemented sustainable packaging technology featuring peel-and-reseal capabilities, resulting in a substantial reduction of up to 32% in its plastic consumption. This eco-friendly initiative has led to a yearly decrease of approximately 3.5 million pounds of plastic use by replacing traditional rigid lids with resealable lids and discontinuing the use of top and bottom labels.
• In June 2023, Parkside introduced its ParkScribe laser scoring technology, which is designed to facilitate the creation of peel-and-reseal PET lids using the company's lidding films. This technology is intended for application across Parkside's compostable, renewable, paper-based, and recyclable monomer solutions.
• In September 2022, Richmond announced new product packaging which includes products of reclosure label packaging. According to the company, Richmond has reduced the amount of plastic used in its Fresh Pork range by 40% and its Frozen Pork range by 33.0%, saving more than 42 tons of plastic annually.
Market Coverage
• The market number available for – 2023-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Material
o By End-Users Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Avery Dennison Corp., UPM Global, CCL Industries Inc., Transcontinental Inc., and R.R. Donnelley & Sons Company, among others.
Key questions addressed by the report.
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Reclosure Labels Market Market Report Segment
By Material
By End-users Industry
Global Reclosure labels Market Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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