Analysis of Non-Adhesive Tags market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Non-Adhesive tags are a good viable solution for people who do not prefer sticky materials that could do damage to the surface or any other item. Instead of labelling an item or product with a sticky label consumers prefer to have a Non-adhesive tag on the product which can be removed without any damage to the application.
The application of Non-adhesive tags is used for creative gift packages, consumer durables, consumer electronics packaging and others. These tags display the necessary information which promotes awareness about the packed product. And the creative look attracts customer attention thereby leading to brand recognition.
Distinct qualities of the Non Adhesive tags such as non-stickiness, choice of shape and size, variety of material options, increased durability all contribute to driving the growth of the Non Adhesive tags market across the globe. The growing population accounts for more purchase of goods such as consumer durables, textiles and apparels and many others. Also, the rising disposable, industrialisation, changing lifestyles and consumer's preference of buying packed food products is thriving the demand for Non Adhesive tags market.
The fluctuations in the costs of raw materials and lack of awareness of this type of tags hinder the growth of the market. The major factor that might hinder the growth of the Non Adhesive tags market is the Permanent Self Adhesive labels or tags as they stick to the product permanently therefore there is no worry that it might get lost leading to an unnecessary loss.
Most FMCG products are food-related or some consumer durables. Some labels release liner or sticky material on the surface of the product packed which might act as a contaminant or simply cause any damage to the quality of the product. So to better avoid these circumstances manufacturers now prefer to use Non-Adhesive tags which are hassle-free and still cost-effective.
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Some of the key players operating in the Non-Adhesive tags market are
Asia Pacific market is anticipated to be the fastest-growing market for Non Adhesive tags market in the forecasted year. The increasing capita income in developing countries such as India, China, Korea all has fuelled the demand for the manufacture of Non Adhesive tags market. Furthermore, e-commerce is emerging in these regions where the tags are used extensively as consumers are becoming more aware and prefer to understand the product's detailed information. At the same time, the raw materials for the tags are easily and cheaply available in the Asia Pacific region.
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The Covid-19 pandemic has affected various industries by directly affecting the demand of the product, stoppage of production due to the unavailability of manpower, raw materials and creating a disruption in the supply chain. Although the Non Adhesive tags market has not been highly affected since labels and tags acted as a crucial part of the food and medical industry. The Non Adhesive tags were used to display information about the product as well as nutritional information for the customers. This also helped the doctors give customized information.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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The FMCG industry is anticipated to account for most non-adhesive tag shipments going forward.
Asia Pacific is anticipated to be the fastest-evolving regional non-adhesive tags market in the global landscape.
Raw material price fluctuation and lack of awareness of non-adhesive tags are expected to impede market growth in the future.
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