Lucintel forecasts that the pressure sensitive labels will remain the largest segment over the forecast period because these labels are versatile, convenient to use, and available in different designs and patterns. The sleeve label segment is expected to witness the highest growth during the forecast period because this label can be used for 360° degree branding and messaging of the product. #PharmaceuticalLabelMarket, #PharmaceuticalMarket, #LabelMarket

1. Pharmaceutical Label Market Report 2019-2024:
Trends, Forecast and Competitive Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Label
Pressure sensitive label, glue applied label, sleeve label, in mold label, and
others
Market Segments by Material Paper, polymer film, and others
Market Segments by
Application
Instructional and decorative label, functional label, promotional and other
label
Market Segments by End Use
Bottles, parenteral containers, blister packs, pre-fillable syringes, pre-fillable
inhalers, pouches, and others
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
CCL Industries, 3M Company, Essentra, Avery Dennison Corporation, MCC
Label, SATO Holding Corporation, and Consolidated Label and others.
Trend Growth Rate and CAGR 5.7%
Key Industry Forecast
The global pharmaceutical label market is expected to reach an estimated
$6.5 billion by 2024 with a CAGR of 5.7% from 2019 to 2024.
Key Industry Driver
Driver: Growth in the pharmaceutical industry along with growing healthcare
expenditures in developing economies.
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3. Industry Overview
Market Size
• The global pharmaceutical label market is
expected to reach an estimated $6.5 billion
by 2024 with a CAGR of 5.7% from 2019 to
2024.
• Emerging trends, which have a direct impact
on the dynamics of the pharmaceutical label
industry, include increasing use of recyclable
and biodegradable label products and adoption
of expanded content label design.
Market Size (2024) $6.5 billion
CAGR (2019-24) 5.7%
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Industry Performance : Forecast