How big is the Automotive Labels Market?

The Automotive Labels Market size is expected to reach USD 8.23 billion in 2024 and grow at a CAGR of 5.37% to reach USD 10.69 billion by 2029. Read More

What is the current Automotive Labels Market size?

In 2024, the Automotive Labels Market size is expected to reach USD 8.23 billion. Read More

Who are the key players in Automotive Labels Market?

3M Company, Avery Dennison Corporation, Brady Worldwide, Inc., Resource Label Group LLC and CILS International are the major companies operating in the Automotive Labels Market. Read More

Which is the fastest growing region in Automotive Labels Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Labels Market?

In 2024, the Asia Pacific accounts for the largest market share in Automotive Labels Market. Read More

What years does this Automotive Labels Market cover, and what was the market size in 2023?

In 2023, the Automotive Labels Market size was estimated at USD 7.79 billion. The report covers the Automotive Labels Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Labels Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Labels Market - Size, Trends & Industry Share

Automotive Labels Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Label Market is Segmented by Identification Technology (Barcode, QR Code, and RFID Tags), by Type (Branding, Track & Trace, Warning & Safety, and Asset Labels), by Application (Interior Applications, Exterior Applications, and Engine Applications), and by Geography (North America [United States, Canada], Europe [United Kingdom, Germany, France, Spain], Asia-Pacific [China, India, Japan], Latin America, Middle East and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Automotive Labels Industry Overview

The market exhibits fragmentation due to the presence of several major players, including 3M Company, Avery Dennison Corporation, Resource Label Group, H.B. Fuller Company, and more. This evolving industry landscape, characterized by the involvement of these major players, has intensified competition among companies striving to seize emerging opportunities. Simultaneously, smaller firms are on a growth trajectory, seeking to harness the market's substantial growth potential.

In June 2023, Avery Dennison Corporation announced a strategic collaboration with Emerald Technology Ventures focused on Industrial, Sustainable, and New Packaging Materials Technologies. This collaboration represents a significant step towards advancing Avery Dennison's innovation and sustainability objectives.

Furthermore, in October 2022, Resource Label Group bolstered its presence in the Midwest and reinforced its leadership in the label and packaging industry by acquiring Deco Flexible Packaging, a Chicago-based company. This acquisition marked the twenty-fourth addition to Resource Label Group's expanding portfolio.