Linerless Labels (Cont’d from Page 1) to offer sustainable and environment-friendly pack- aging solutions to various end use industries, the report notes. North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food and bev- erage industries is boosting the growth of the linerless labels market in these regions. Flexo printing and dig- ital printing are projected to dominate the global lin- erless labels market, and hold nearly half of the market share by the end of 2029. Focus On The Environment Packaging manufacturers continue to seek environ- ment-friendly packaging solutions.This shift is driven by an increasing focus toward reducing waste, and consumer preference toward highly sustainable and eco-friendly packaging solutions. Manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, linerless label manufacturers are expanding business boundaries to reinforce their market position. In June 2019, RR Donnelley expanded its liners less labels manufacturing platform by adding a new liner- less press.This enabled the company to expand its lin- erless label production to provide linerless labels and enhance operational effectiveness. In July 2019, Cov- eris completed its acquisition of Amberley Labels, a U.K.-based manufacturer of high quality self-adhesive labels. In February 2017,CCL industries completed the acquisition of Innovia Group, a producer of linerless la- bels and packaging solutions, for around $1.13 billion. Flexo printing currently accounts for 1/4th of the market share and this trend will continue to grow during 2019-2029.This is largely driven by high quality print on a wide range of labels at a high speed. Food & beverage industry is a prominent end user of linerless labels,owing to increasing demand for canned & packaged foods and consumer awareness towards the authenticity of the products. Similarly, adoption of linerless labels by the retail industry accounts for 31 percent of the total revenue share. Demand will con- tinue to increase, due to growing incidence of theft in the retail sector.
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Nosco Acquires Assets Of Haapanen Brothers
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Nosco, Inc., a subsidiary of Holden Industries, Inc., has acquired the assets of Haapanen Brothers, Inc., a full-service graphic arts and printing company located in Gurnee, IL, USA.
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