GHS Labels Market Overview
The report is titled as ‘GHS Labels Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the GHS Labels market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. GHS Labels market is expected to grow with significant rate in the near future.
In 2020, global GHS labels market was valued at US$ XXX Mn and expected to grow significantly at a CAGR of XXX % over the forecast period
GHS Labels introduction
GHS labels are generally needed by chemical jeopardy communication regulations or vocational health and safety legislations. Those legislatures are by and large in accordance with the Globally Harmonized System of Classification and Labeling of Chemicals (GHS). The principal objective of GHS labels is to reveal chemical hazards to recipients or workers through pictograms, signal words, precautionary statements, and hazard statements. It is significant to note that GHS labels are only applied to injurious chemicals (i.e, chemical substances or mixtures meeting GHS hazard classification criterion).
Moreover, a GHS Label for a hazardous chemical ought to comprise 6 particular pieces of information: name, address and telephone number of the material supplier, product identifier, signal word, pictograms, precautionary statements, and hazard statements. The packaging of hazardous substances or injurious chemical substances with proper labeling of GHS labels depicting crucial instructions to ensure safe transportation and handling is of great help to workers as well as recipients and thus, GHS labels are witnessing higher demand all across the markets. Owing to which, the global GHS labels market is projected to witness significant growth over the years.
GHS Labels Market Segmentation
The global GHS labels market is segmented on the basis of product type, material, size, packaging format, printing technology, end-use, and region.
By Product Type
Personalized (On-demand)
By Material
Polyethylene (PE)
Polyester (PET)
Polyimide
Vinyl
White Thermal Transfer/Direct Thermal Paper
By Size
215mm x 355mm
210mm x 297mm
148mm x 210mm
Any Other Label Size
Secondary Containers
Pigmented Ink Jet
Color Laser
By End-use
Logistic & Transport Companies
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
GHS Labels Market Key Players
Some of the key participating players in global GHS Labels market are:
Avery Dennison Corporation
UPM Raflatac
Lexmark International, Inc.
General Data Company, Inc.
PPG Industries, Inc.
Brady Worldwide, Inc.
3M Company
CCL Industries Corp.
Reliance Label Solution, Inc.
HERMA GmbH
Weber Packaging Solutions, Inc.
SATO AMERICA, LLC
TCI America, Inc.
Loftware, Inc.
Nippon Shokubai America Industries, Inc.
Teklynx Newco SAS
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of GHS Labels
Advantages of GHS Labels
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The GHS labels market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
The base year for the report is 2021 in GHS labels market.
The global GHS labels market is segmented on the basis of product type, material, size, packaging format, printing technology, end-use, and region.
some of the key participating players in the GHS labels market globally are Avery Dennison Corporation, UPM Raflatac, Lexmark International, Inc., General Data Company, Inc., PPG Industries, Inc., Brady Worldwide, Inc., 3M Company, CCL Industries Corp., Reliance Label Solution, Inc., HERMA GmbH, Weber Packaging Solutions, Inc., SATO AMERICA, LLC, TCI America, Inc., Loftware, Inc., Nippon Shokubai America Industries, Inc., Teklynx Newco SAS, among others.