Global eco-friendly labels market: Introduction
The demand for eco-friendly labels is expected to grow with the rise in number of eco-conscious consumers, across the globe. One of the key trends observed among consumers today, is higher preference for sustainable packaging. A lot depends on consumer sentiments regarding the impact of a packaging solution on the environment. Therefore, over time, more brand owners are expected to use eco-friendly labels for their products, which will increase the chances of impulse buying among eco-conscious consumers.
Eco-friendly labels are manufactured using earth-friendly material, and their production reduces the carbon footprint of the company. This is expected to boost sales of products such as eco-friendly labels, at a time when there is a high demand for sustainable packaging solutions both from the supply-side and demand-side. Therefore, the outlook for the growth of the global eco-friendly labels market is expected to be largely positive during the forecast period.
Global eco-friendly labels market: Dynamics
The global eco-friendly labels is anticipated to grow on the backdrop of the global sustainable packaging market growth, during the next ten years, and beyond. Eco-friendly labels are manufactured using a variety of materials to suit various applications and markets. In addition, manufacturers of eco-friendly labels also offer custom services. Eco-friendly labels can be applied on a variety of surfaces such as that of stainless steel, metal, cardboard, and glass, among others.
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Moreover, depending on the type of paper used, eco-friendly labels show excellent resistance to immersion in water, blood, oil, and alcohol, among other liquids. Eco-friendly labels cater to various end use industries such as the food & beverages industry, and personal care & cosmetics industry, among others.
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Global eco-friendly labels market: Key Market Participants
Few of the key market participants operating in the global eco-friendly labels market are – Dion Printing Inc., Consolidated Label Co., and Weber Packaging Solutions, among others.
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