Wet Glue Labels Market Expected to Reach $16.1 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Wet Glue Labels Market," The wet glue labels market was valued at $8.4 billion in 2021, and is estimated to reach $16.1 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

Paper based wet glue label includes uncoated, coated, thermal, metalized, vellum, and others. Coated and uncoated paper based wet glues are used for self-adhesive, glue applications.

The rise in consumption of packaged food, canned foods, and soft drinks are key market trends in the wet glue label market. In addition, surge in population across the world, busy schedule of people made them more linear toward purchasing ready to eat packed food where PET paper based wet glue labels are extensively used for packaging foods. . These factors are anticipated to increase the demand for wet glue labels during the forecast period. Furthermore, rise in consumption of beverages, flavored drinks, wine bottles, and canned foods, in the both developed and developing countries such as the U.S, China, India, and others boost the overall market growth.

In response to this, different types of wet glue labels such as thermal vellum, sugar cane, and other material based wet glue labels are extensively preferred for bottling, box covering, lamination, food wrapping, and other purposes.  Moreover, wet glue labels are self-adhesive, cost effective, and easily removable, owing to which it is most widely used wet glue labels in the growing food and beverages industry. These factors together are boosting the overall market growth of wet glue labels; thus, offering most remunerative opportunities for the market.

However, rise in concern in food processing industry and surge in consumer demand for natural additives containing packaged food are projected to affect the market growth for wet glue label during the forecast period. These may negatively impact the growth of the global wet glue label market. 

Factors such as the growing population across the globe, improvement in standard of living, and growing consumption of luxurious and premium quality wines boost the growth of the wet glue label market. Furthermore, coated, uncoated, metalized, and structured effects are applied on labels for enhancing the aesthetic looks of wine bottles. For instance, CCL Industries offers varnished effect of wet glue labels for labeling and bottling purposes which have further increased the popularity of wet glue labels. These factors together increase the usage of wet glue label in the growing wine and spirit industry.

Plastic resin based wet glue labels are majorly used across personal care, food & beverages, wines & spirits, and pharmaceuticals end-use industries. The personal care segment comprises diversified skin care products where wet glue labels play a significant role in increasing the potential sales of the personal care & beauty care industry. Coated, uncoated, paper based wet glue labels helps in strengthening the brand investment of cosmetic industry. Food and beverages in one of the highest revenue contributor across the globe. The rapid surge in the demand for flavored drinks and packaged foods is driving the overall market growth for wet glue labels.

Moreover, acceptance of wine and spirits consumption in emerging nations have enhanced the growth of wine and spirit industry. In addition, increase in consumer demand for vintage and premium wines and spirits, growing with social media trends, rising purchasing power of consumer on expensive wines & spirits are the key market trends for wet glue labels. In response to this, paper and plastic based wet glue labels are cost effective, self-home care, and resistance to moisture owing to which it is most widely used for labelling, bottling, and packaging applications of wine and spirit bottles. These factors together are expected to surge the overall potential sales of wet glue label; thus, offering new avenues to the market in wine and spirt industry.

The wet glue label market is segmented on the basis of material type, end-use industry, and region. By material type, the market is segregated into paper and plastic resin. The paper segment dominated the global market in terms of revenue in 2021, with 60% of the total share. Paper based wet glue includes uncoated, coated, thermal, metalized, vellum, and others. Coated and uncoated paper based wet glue is used for self-adhesive, and glue applications. Government ban and regulation on plastic use has enhanced the performance of paper industry. For, instance, according to data revealed Financial Express, India has around 600 paper mills with capacities ranging between 5 and 1,650 million square meter a day, and has ability to produce more than 25 million million square meter per annum. This factor has boosted the growth of paper based wet glue labels in the market.  

Furthermore, paper based wet glue finds wide range of application in various end use industry such as labelling, packaging, personal care, wine and spirit, and others. Moreover, uncoated paper-based wet glue is resistant to moisture   and mostly preferred for wine and fine labels. 

By end-use industry, the global wet glue label market is segmented into personal care, food & beverage, home care, pharmaceuticals, and others. The food and beverage end-use industry dominated the global market in terms of revenue in 2021, with 58% of the total share. Food and beverages in one of the highest revenue contributor across the globe. The rapid surge in the demand for flavored drinks and packaged foods is driving the overall market growth for wet glue labels. The rise in consumption of packaged food, canned foods, and soft drinks are key market trends in the wet glue label market.

In addition, surge in population across the world, hectic schedule of people made them more linear toward purchasing ready to eat packed food where PET paper based wet glue labels are widely used for packaging applications of food. These factors are anticipated to increase the demand for wet glue labels during the forecast period. Furthermore, rise in consumption of beverages, flavored drinks, wine bottles, and canned foods, in the both developed and developing countries such as the U.S, China, India, and others boost the overall market growth. In response to this, different types of wet glue labels such as thermal vellum, sugar cane, and other material based wet glue labels are extensively preferred for bottling, box covering, lamination, food wrapping, and other purposes.

Region-wise, the wet glue label market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific wet glue label market is projected to grow at the highest CAGR during the forecast period. This is attributed to the fact that Acceptance of wine and spirits consumption in emerging nations have enhanced the growth of wine and spirit industry. In addition, increase in consumer demand for vintage and premium wines and spirits, growing with social media trends, rising purchasing power of consumer on expensive wines & spirits are the key market trends for wet glue labels. In response to this, paper and plastic based wet glue labels are cost effective, self-adhesives, and resistance to moisture owing to which it is most widely used for labelling, bottling, and packaging applications of wine and spirit bottles.

These factors together expected to surge the overall potential sales of wet glue label; thus, offering new avenues to the market in wine and spirt industry. Wines and spirits includes alcoholic beverages having alcohol by volume which is ranging from 3to 40%.  Wet glue labels with various finishing effects are widely used for labeling of wine and spirit bottles. Wet-glue labels are applied to glass bottles, in both front and back sides, and also on neck labels.

The rising consumption of packaged food, canned foods, and soft drinks are key market trends in the wet glue label market. In addition, growing population across the world, busy schedule of people made them more linear toward purchasing ready to eat packed food where PET paper based wet glue labels are used extensively for packaging and labeling of packed foods. These factors are anticipated to increase the demand for wet glue labels during forecast period.

Key players operating in the global wet glue label market include Alfa Aesar, BASF SE, Gallochem Co. Ltd., HALOGENS, Haihang Industries, Impextraco NV, KEmin Industries Inc., Leshan Sanjiang Biological Technology Co. Ltd., Merck KGaA, and Minakem.

Key findings of the study:

• By material type, paper resin segment is holds highest growth rate, in terms of revenue, registering a CAGR of 6.9% from 2022 to 2031.
• By end-use industry, the food & beverage end user industry segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 7.1% from 2022 to 2031.
• By region, Asia-Pacific garnered the highest share of 43% in 2021, in terms of revenue, growing at a CAGR of 7.7%.