Asia-Pacific: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Asia-Pacific

In 2022, the Asia-Pacific self-adhesive printed label market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Self-Adhesive Printed Label Production in Asia-Pacific

In value terms, self-adhesive printed label production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 18%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Self-Adhesive Printed Label Exports

Exports in Asia-Pacific

In 2022, exports of self-adhesive printed labels in Asia-Pacific fell to X tons, declining by -8.5% against the year before. The total export volume increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, self-adhesive printed label exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of $X, and then fell slightly in the following year.

Exports by Country

In 2022, China (X tons) represented the main exporter of self-adhesive printed labels, generating 66% of total exports. It was distantly followed by Hong Kong SAR (X tons), generating a 15% share of total exports. The following exporters - Taiwan (Chinese) (X tons), India (X tons), South Korea (X tons), Sri Lanka (X tons), Vietnam (X tons) and Singapore (X tons) - together made up 16% of total exports.

Exports from China increased at an average annual rate of +2.9% from 2012 to 2022. At the same time, Vietnam (+12.2%), India (+9.5%), Sri Lanka (+3.5%) and South Korea (+1.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +12.2% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-4.2%) and Singapore (-5.4%) illustrated a downward trend over the same period. While the share of China (+11 p.p.) and India (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hong Kong SAR (-10.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest self-adhesive printed label supplier in Asia-Pacific, comprising 57% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 23% share of total exports. It was followed by Taiwan (Chinese), with a 5.2% share.

In China, self-adhesive printed label exports increased at an average annual rate of +8.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (-2.4% per year) and Taiwan (Chinese) (+1.7% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, surging by 8% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 an increase of 10% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the other leaders experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports in Asia-Pacific

In 2022, approx. X tons of self-adhesive printed labels were imported in Asia-Pacific; declining by -11.3% compared with 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, self-adhesive printed label imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Hong Kong SAR (X tons), distantly followed by Vietnam (X tons), Indonesia (X tons), Myanmar (X tons), Cambodia (X tons), India (X tons), Bangladesh (X tons), China (X tons) and Thailand (X tons) represented the key importers of self-adhesive printed labels, together comprising 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +35.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label importing markets in Asia-Pacific were Hong Kong SAR ($X), Vietnam ($X) and Indonesia ($X), with a combined 45% share of total imports. China, Cambodia, Bangladesh, India, Thailand and Myanmar lagged somewhat behind, together comprising a further 34%.

Myanmar, with a CAGR of +16.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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