Multipanel Labels Market Driven by the Growing Demand in Food, Beverage and Cosmetic Industry

Multipanel Labels are labels that allow display of additional information on packaging without increasing the packaging footprint. These multipanel labels provide companies a novel means of expanding their brand name without significantly chang­ing packaging line operations. There are a wide variety multipanel labels and shapes to choose from, while most commonly multipanel labels are attached to bottles, cartons, syringes, vials, packaged food items, etc. Companies benefit from opting multipanel label shapes which are most eye-catching.

Get the Full Report at:

http://www.transparencymarketresearch.com/multipanel-labels-market.html

In the multipanel labels, there are lots of information provided which can be published such as information about health and safety warnings, promotions, redeemable coupons, adding diagrams of how to cook and sometimes instructions of how to use a particular product in a diagrammatic format and many others. Therefore, multipanel labels reduces the overall complexity and cost of packaging procurement by replacing multiple stock keeping units with one, larger unit. Companies generally utilize multi-panel labels in three main ways such as Bi-view, Tri-view and Fix-a-Form way. The market for multipanel labels is expected to grow at a healthy rate over the forecast period.

Global Multipanel Labels Market Dynamics:

The Multipanel Labels market is anticipated to be driven by the growing demand for multipanel labels in food and beverage, pharmaceutical, home care and personal care & cosmetics, and packaging industry. Stable growth in these end-use industries is forecast to boost sales of multipanel labels over the forecast period. Furthermore, growing inclination of consumers towards packaged food products is expected to drive future growth of the global multipanel labels market. Macro-economic factors such as growing urban population, increasing per capita income and increasing standard of living of people, particularly in the...