QR Code Labels Market by Label Type (Sleeve Label, Glue Applied Label, Pressure-Sensitive Label, Others) by Printing Technology (Flexographic, Digital Printing, Offset Lithography, Gravure Printing, Others) by End Use (Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics, Others): Growth, Future Prospects & Competitive Analysis, 2015 – 2027

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Market Insights

The global QR code labels market is analyzed to reach a market value of USD 940 million in 2027 from USD 309.7 million in 2020, at a CAGR of 8.2% during the forecast period. The QR code is a matrix barcode or two-dimensional code label that holds 1000 times more information than a traditional single-dimensional bar. The QR code label holds a wide range of information that can be collected, stored, and used for various applications. The QR code can be read by a specialty reader or by camera phones, thus finding applications across a wide range of applications. The manufacturers of QR code labels are adopting advanced technologies for printing QR code labels owing to rising demand fueled by growth in e-commerce, digital payment, and other similar applications.

Key Market Drivers and Restraints

The QR code manufacturers are focusing on strategies such as developing waterproof labels in the market. Moreover, increasing demand for assets management, branding and advertisement, and online payments are expected to increase the need for the market over the forecast period. On the other hand, limited penetration of smartphones in low-income countries is expected to restrain the market growth during the forecast period.

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Various Factors Driving the Market Growth

The QR Code Labels Market is predicted to develop at a healthy rate across all geographies during the projected period. The adoption of digital payment methods in developing countries such as China, India, and Brazil are major factors contributing to the QR code labels market growth. Additionally, the proliferation of e-commerce platforms globally and rising demand from e-commerce platforms are anticipated to fuel the growth of QR code labels in the coming years.

North America to lead the global market in the geographic region

Because of the large production and demand for QR code labels, North America dominates the QR code label industry. Additionally, because of the easy availability of low-cost labor and resources and favorable government policies, the Asia-Pacific region is predicted to expand at the fastest rate.

The Sleeve Label segment leads Global Market in terms of Label Type.

Regarding label type, the market is bifurcated into Sleeve labels, Glue Applied labels, Pressure-Sensitive Labels, and Others. The glue applied label segment accounted for a prominent share of the global QR code labels market in 2019 and is anticipated to grow steadily during the forecast period. On the other hand, the pressure-sensitive labels segment is anticipated to be the fastest growing segment during the forecast period owing to high reliability and demand from wide applications.

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Flexographic will dominate the global market in 2020 in terms of Printing Technology.

Flexographic, Digital Printing, Offset Lithography, and Gravure Printing are the various Printing Technologies used for QR code label printing in this market. The Flexographic segment held a considerable share in 2019 and is expected to expand steadily during the forecast period. In addition, the digital printing technology segment is anticipated to offer lucrative opportunities during the forecast period.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global QR Code Labels Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global QR Code Labels Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Label Type
3.3.2.Printing Technology
3.3.3.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Lintec Corporation
4.3.Packtica SDN Bhd
4.4.Data Label Co. UK
4.5.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global QR Code Labels Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
6.2.1.Overview
6.2.2.Sleeve Label
6.2.3.Glue Applied Label
6.2.4.Pressure-Sensitive Label
6.2.5.Others
6.3.North America QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
6.3.1.Overview
6.3.2.Flexographic
6.3.3.Digital Printing
6.3.4.Offset Lithography
6.3.5.Gravure Printing
6.3.6.Others
6.4.North America QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
6.4.1.Overview
6.4.2.Food & Beverage
6.4.3.Pharmaceuticals
6.4.4.Personal Care & Cosmetics
6.4.5.Others

7.Europe
7.1.Europe QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
7.2.1.Overview
7.2.2.Sleeve Label
7.2.3.Glue Applied Label
7.2.4.Pressure-Sensitive Label
7.2.5.Others
7.3.Europe QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
7.3.1.Overview
7.3.2.Flexographic
7.3.3.Digital Printing
7.3.4.Offset Lithography
7.3.5.Gravure Printing
7.3.6.Others
7.4.Europe QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
7.4.1.Overview
7.4.2.Food & Beverage
7.4.3.Pharmaceuticals
7.4.4.Personal Care & Cosmetics
7.4.5.Others

8.Asia Pacific
8.1.Asia Pacific QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
8.2.1.Overview
8.2.2.Sleeve Label
8.2.3.Glue Applied Label
8.2.4.Pressure Sensitive Label
8.2.5.Others
8.3.Asia Pacific QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
8.3.1.Overview
8.3.2.Flexographic
8.3.3.Digital Printing
8.3.4.Offset Lithography
8.3.5.Gravure Printing
8.3.6.Others
8.4.Asia Pacific QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
8.4.1.Overview
8.4.2.Food & Beverage
8.4.3.Pharmaceuticals
8.4.4.Personal Care & Cosmetics
8.4.5.Others

9.Latin America
9.1.Latin America QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
9.2.1.Overview
9.2.2.Sleeve Label
9.2.3.Glue Applied Label
9.2.4.Pressure Sensitive Label
9.2.5.Others
9.3.Latin America QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
9.3.1.Overview
9.3.2.Flexographic
9.3.3.Digital Printing
9.3.4.Offset Lithography
9.3.5.Gravure Printing
9.3.6.Others
9.4.Latin America QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
9.4.1.Overview
9.4.2.Food & Beverage
9.4.3.Pharmaceuticals
9.4.4.Personal Care & Cosmetics
9.4.5.Others

10.Middle East
10.1.Middle East QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
10.2.1.Overview
10.2.2.Sleeve Label
10.2.3.Glue Applied Label
10.2.4.Pressure Sensitive Label
10.2.5.Others
10.3.Middle East QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
10.3.1.Overview
10.3.2.Flexographic
10.3.3.Digital Printing
10.3.4.Offset Lithography
10.3.5.Gravure Printing
10.3.6.Others
10.4.Middle East QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
10.4.1.Overview
10.4.2.Food & Beverage
10.4.3.Pharmaceuticals
10.4.4.Personal Care & Cosmetics
10.4.5.Others

11.Africa
11.1.Africa QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
11.2.1.Overview
11.2.2.Sleeve Label
11.2.3.Glue Applied Label
11.2.4.Pressure Sensitive Label
11.2.5.Others
11.3.Africa QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
11.3.1.Overview
11.3.2.Flexographic
11.3.3.Digital Printing
11.3.4.Offset Lithography
11.3.5.Gravure Printing
11.3.6.Others
11.4.Africa QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
11.4.1.Overview
11.4.2.Food & Beverage
11.4.3.Pharmaceuticals
11.4.4.Personal Care & Cosmetics
11.4.5.Others

12.Global
12.1.Global QR Code Labels Market, By Label Type, 2015-2027 (US$ Mn)
12.1.1.Overview
12.1.2.Sleeve Label
12.1.3.Glue Applied Label
12.1.4.Pressure Sensitive Label
12.1.5.Others
12.2.Global QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
12.2.1.Overview
12.2.2.Flexographic
12.2.3.Digital Printing
12.2.4.Offset Lithography
12.2.5.Gravure Printing
12.2.6.Others
12.3.Global QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
12.3.1.Overview
12.3.2.Food & Beverage
12.3.3.Pharmaceuticals
12.3.4.Personal Care & Cosmetics
12.3.5.Others

13.Company Profiles
13.1.Lintec Corporation
13.2.CCL Industries
13.3.Packtica SDN Bhd
13.4.Label Logic, Inc.
13.5.Hibiscus PLC Data Label Co. Uk.
13.6.Advanced Labels NW
13.7.Coast Label Company
13.8.Label Impressions Inc.
13.9.Consolidated Label & Co.
Others

List of Figures

FIG. 1Global QR Code Labels Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global QR Code Labels Market SegMentation
FIG. 4Global QR Code Labels Market, by Product, 2019 (US$ Mn)
FIG. 5Global QR Code Labels Market, by End-user, 2019 (US$ Mn)
FIG. 6Global QR Code Labels Market, by End Use, 2019 (US$ Mn)
FIG. 7Global QR Code Labels Market, by Geography, 2019 (US$ Mn)
FIG. 8Attractive InvestMent Proposition, by Geography, 2019
FIG. 9Global Market Positioning of Key QR Code Labels Market Manufacturers, 2019
FIG. 10Global QR Code Labels Market Value Contribution, By Label Type, 2019 & 2027 (Value %)
FIG. 11Global QR Code Labels Market, by Sleeve Label, Value, 2015-2027 (US$ Mn)
FIG. 12Global QR Code Labels Market, by Salon, Value, 2015-2027 (US$ Mn)
FIG. 13Global QR Code Labels Market Value Contribution, By End Use, 2019 & 2027 (Value %)
FIG. 14Global QR Code Labels Market, by Hypermarkets & Supermarkets Value, 2015-2027 (US$ Mn)
FIG. 15Global QR Code Labels Market, by Pharmaceuticals, Value, 2015-2027 (US$ Mn)
FIG. 16Global QR Code Labels Market, by Personal Care & Cosmetics, Value, 2015-2027 (US$ Mn)
FIG. 17Global QR Code Labels Market, by Others, Value, 2015-2027 (US$ Mn)
FIG. 18U.S. QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 19Rest of North America QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 20U.K. QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 21Germany QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 22France QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 23Rest of Europe QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 24Japan QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 25China QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 26India QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 27Rest of Asia Pacific QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 28Middle East & Africa QR Code Labels Market, 2015-2027 (US$ Mn)
FIG. 29Latin America QR Code Labels Market, 2015-2027 (US$ Mn)

List of Tables

TABLE 1Market Snapshot: Global QR Code Labels Market
TABLE 2Global QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 3Global QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 4Global QR Code Labels Market, by End Use 2015-2027 (US$ Mn)
TABLE 5Global QR Code Labels Market, by Geography, 2015-2027 (US$ Mn)
TABLE 6North America QR Code Labels Market, Printing Technology, 2015-2027 (US$ Mn)
TABLE 7North America QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 8North America QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 9North America QR Code Labels Market, by Country, 2015-2027 (US$ Mn)
TABLE 10Europe QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 11Europe QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 12Europe QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 13Europe QR Code Labels Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 14Asia Pacific QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 15Asia Pacific QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 16Asia Pacific QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 17Asia Pacific QR Code Labels Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 18Latin America QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 19Latin America QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 20Latin America QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 21Latin America QR Code Labels Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 22Middle East QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 23Middle East QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 24Middle East QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 25Middle East QR Code Labels Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 26Africa QR Code Labels Market, by Printing Technology, 2015-2027 (US$ Mn)
TABLE 27Africa QR Code Labels Market, by Label Type, 2015-2027 (US$ Mn)
TABLE 28Africa QR Code Labels Market, by End Use, 2015-2027 (US$ Mn)
TABLE 29Africa QR Code Labels Market, by Country/Region, 2015-2027 (US$ Mn)
TABLE 30Nair: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31Veet: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 32 Elite: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 33Jolen.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 34Sally Hansen: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 35 Epil-Stop: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36Kalo: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 37LCM Laboratory: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 38Bliss: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 39GiGi: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 40Others: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 41Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Questions

Which are the different Label Type of this market?

Sleeve Labels, Glue Applied Label, Pressure Sensitive Labels and others are the four Label Type applicable in the market.

Which is the fastest growing Printing Technology Segment for global industry?

Flexographic has fastest growth at Printing Technology

Which is the leading regional market for global industry?

North America has the largest share of the market

What will be the CAGR (2021 – 2027) of in global industry?

The CAGR for this market is likely to reach over 8.2% during the forecast period

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