The global hazardous label market size is calculated at USD 1,700 million in 2024 and is predicted to reach around USD 2,280 million by 2034, expanding at a CAGR of 3% from 2024 to 2034.
The hazardous label market is growing due to significant technological developments taking place in recent years. The evolution of digital technologies has boosted digital printing is allowing businesses to make good quality and customizable labels accurately and efficiently. In order to ensure safe handling, transportation, storage and even disposal, hazardous labels provide information that is crucial about the substances. The tightening of rules and regulations related to safety of the workers has aided growth of this market. The expanding chemical and petrochemical industries are further pushing the demand for hazardous label.
The integration of technology into the hazardous label has improved its efficiency. Additions like- Radio frequency identification (RFID), and smart labels allow the product to be tracked and monitored in real-time. This betters the functionality, sustainability and traceability of these labels that suit the consumers. Industries are actively labeling hazardous substances to ensure safety of the crew and in handling, storage and transit. The strict safety regulations of international organizations and governments increased demand for these labels because of rising globalization and trade. These factors will continue contributing to the expansion of hazardous label market.
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| Stats ID: | 7642 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7642 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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