Linerless labels have witnessed an increased popularization in recent years. As the world progresses toward eco-friendly and biodegradable products, the demand for innovative and sustainable labeling solutions has advanced. With the ever-increasing global population, the demand for food products has been exponentially increasing. The expansion of the food & beverages industry has been proliferating the demand for linerless labels. Food products, including fruits, bacon, and ham are packaged using rolled linerless labels, particularly in Latin American and Asian countries such as Brazil and Japan. Major industry players are investing heavily to develop these labels with specialized adhesives for applications in pharmaceutical packaging, microwavable products, and frozen foods.
The coronavirus pandemic inflicted a moderate impact on the demand for these labels. Supply chain disruptions and movement restrictions resulted in low product demand. However, the expansion of e-commerce backed and proliferated the adoption of backingless labels. An exponential increase in the usage of these labels has been observed during the pandemic. Government and private investments to enhance and upgrade the healthcare sector for using linerless labels are likely to be a key trend prevailing in the coming years. As per Fortune Business InsightsTM, the global linerless labels market size is anticipated to hit USD 3.4 billion by 2027. The expansion of the food & beverage industry is predicted to provide a strong growth base for these labels in the coming years.
Fortune Business Insights Recognizes the Following as the Top 5 Linerless Labels Companies:
In 1889 and headquartered in Colombes, France, this French manufacturer of sealing and adhesive products is globally renowned for developing, manufacturing, and distributing specialty sealants and adhesives for industrial, consumer, and consumer sectors. The company introduced a new adhesive for backingless labels in January 2020. The adhesive aids in improving the efficiencies in the label production line while providing a sustainable solution for quick-service restaurant applications. The company generated a peak revenue of USD 2.5 billion in 2021.
2. Lexit Group AS
This Sweden-based company was found in 1993 and is a pioneering operator in Scandinavian markets. Specializing in packaging & labeling solutions, data capture, and digitalization, the company has customers in distribution & logistics, transport, specialized trade & retail, and food & beverage industries. Lexit commenced the business of manufacturing linerless labels in August 2019 with a new coating machine manufactured by Ravenwood Packaging. With the help of the new machine, Coater Com500F, the production capabilities extension of the company will help in catering to the rising product demand in Europe.
3. Ravenwood Packaging Ltd.
Established in 2004, Ravenwood is a global pioneer in label verification, linerless label technology, and pack inspection systems. The food packaging and labeling sector is a prominent buyer of the company’s machinery. Headquartered in Bury, St. Edmunds, Suffolk, the company also supplies conventional self-adhesive label applicators and coding equipment. Ravenwood helped in saving 82 million square meters of label liner from going into landfills in 2020. The company unveiled its latest automatic linerless label applicator machine in April 2020. The Nobac 500 Auto will also feature a standalone VR inspection system.
4. Innovia Films
A division of CCL Industries, Innovia Films was found in 2004 and is a global manufacturer and distributor of Bubble and Tenter Technology cast polypropylene films and biaxially-oriented polypropylene films for labeling, specialty packaging, tobacco overwrap, and other industrial products. The company’s product offerings include cavitated, clear, metalized, and white films. Innovia launched a new film in its Propafilm range of transparent specialty packaging films in May 2021
5. Avery Dennison Corporation
A member of Fortune 500, this multinational corporation was found in 1935 and is headquartered in Glendale, California, U.S. The company’s product offerings include label materials, tags, RFID, wound dressings, tickets, apparel branding labels, sensors, and specialty adhesive tapes. In April 2022, the company commenced operations in its new ultra-modern production facility in Greater Noida. This expansion is aim to uptick the company’s presence in Asia whilst leveraging improved efficiencies to better serve its customers.
The foremost corporations functioning in the fierce competition give emphasis to strategic acquisitions, collaborations, and technological advancements to strengthen their progress prospects. They invest heavily in research & development activities to launch state-of-the-art products. The exponentially rising demand for eco-friendly and biodegradable products is to uptick product demand. Additionally, the expansion of the food & beverage industry will amplify the demand for linerless labels in the coming years.