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to increasing regulatory standards for labelling hazardous goods
The hazardous label market comprises labels containing
safety information that are affixed to hazardous goods packages to communicate
potential dangers and safe handling practices. Labels contain details like UN
numbers, hazards pictograms, signal words, and precautionary statements to
indicate the type of danger a product poses such as flammability, toxicity, or
health effects. The labels help identify hazardous materials during
transportation, storage, and usage to prevent accidents and protect human
health.
The global
hazardous label market is estimated to be valued at USD 1.57 Bn in 2024. The
market is expected to reach USD 2.45 Bn by 2031, exhibiting a compound annual
growth rate (CAGR) of 6.6% from 2024 to 2031.
Corporation, Brady Corporation, 3M Company, CCL Industries Inc., Labelmaster,
Uline, SATO Holdings Corporation, Zebra Technologies Corporation, Dunmore
Corporation, HERMA GmbH, Tapp Label, Identco, TSC Auto ID Technology Co., Ltd.,
Meto Labeling Systems, and Printpack, Inc. Increasing international trade of
hazardous chemicals and growing e-commerce are driving demand for hazardous
labels. Technological advancements like printed RFID tags and smart labels are
enhancing tracking, identification and safety of hazardous goods
transportation.
digitally printed labels are gaining popularity in the market. QR coded and
RFID enabled smart labels allow real-time tracking of Hazardous
Label Market Growth shipments. Regulations are also pushing for
electronic labelling and packaging. Mobile-readable labels can digitally
provide safety data sheets.
chemicals and pesticides offers lucrative growth prospects. Emerging economies
experiencing rapid industrialization represent untapped markets. Expanding oil
and gas, pharmaceutical, and electronics industries will augment hazardous
label demand. Development of tamper-proof and environment-friendly adhesive
labels presents new avenues.
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