Southern Asia: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Southern Asia

The South Asian self-adhesive printed label market contracted modestly to $X in 2022, declining by -4.9% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.7% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Self-Adhesive Printed Label Production in Southern Asia

In value terms, self-adhesive printed label production declined to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.5% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by 17% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Self-Adhesive Printed Label Exports

Exports in Southern Asia

For the third year in a row, Southern Asia recorded growth in overseas shipments of self-adhesive printed labels, which increased by 13% to X tons in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 37%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, self-adhesive printed label exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, India (X tons) represented the major exporter of self-adhesive printed labels, constituting 66% of total exports. It was distantly followed by Sri Lanka (X tons), committing a 31% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to self-adhesive printed label exports from India stood at +9.5%. At the same time, Bangladesh (+16.1%) and Sri Lanka (+3.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +16.1% from 2012-2022. From 2012 to 2022, the share of India increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest self-adhesive printed label supplying countries in Southern Asia were India ($X), Sri Lanka ($X) and Bangladesh ($X), together comprising 98% of total exports.

Among the main exporting countries, Bangladesh, with a CAGR of +16.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of 29%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Self-Adhesive Printed Label Imports

Imports in Southern Asia

In 2022, approx. X tons of self-adhesive printed labels were imported in Southern Asia; with a decrease of -13.6% against the previous year's figure. In general, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-adhesive printed label imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 40%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

India (X tons) and Bangladesh (X tons) prevails in imports structure, together achieving 82% of total imports. Sri Lanka (X tons) took the next position in the ranking, followed by Pakistan (X tons). All these countries together took approx. 13% share of total imports. Nepal (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of +13.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), India ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2022, together accounting for 89% of total imports. Pakistan and Nepal lagged somewhat behind, together accounting for a further 10%.

Nepal, with a CAGR of +13.9%, recorded 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 Southern Asia amounted to $X per ton, increasing by 13% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, self-adhesive printed label import price decreased by -19.1% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of 49%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($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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