The Time Temperature Indicator Labels Market was valued at US$ 43.6 million in 2017, and is expected to increase to US$ 140.8 million by 2028, registering a CAGR of 11.5% over the forecast period (2018–2028), according to Time Temperature Indicator Labels Market Report, by Product Type (Color-based and Barcode-Based), by Label Information (Critical Temperature Indicator (CTI), Critical Time Temperature Indicators (CTTI), and Time Temperature Indicators (TTI)), by End User (Food and Beverages, Pharmaceutical, and Chemicals and Fertilizers), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) published by Coherent Market Insights.
The food packaging industry has witnessed advancement in terms of packaging, which ensures optimum quality and hygiene. This trend is expected to grow at a significantly higher pace, owing to multiple factors such as decreasing cost of manufacturing of the time temperature indicator labels. This is expected to aid in growth of the market. Adoption of these labels has witnessed high adoption in emerging economies on account of mass production. This growth in adoption can be attributed to increasing level of awareness among consumers. Technological advancements such as ease of manufacturing sensors are aiding in reducing manufacturing cost of sensors, hence a large number of manufacturers are expected to explore opportunities in the market and players from emerging economies in the regions such as Asia Pacific and Africa are expected to invest in mass production of the time temperature indicator labels.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 150 market data tables* and 90 figures* on “Time temperature indicator labels Market” - Global forecast to 2025.
Key Trends and Analysis of the Global Time Temperature Indicator Labels Market:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.