If the sticker is going outside, or onto something that gets handled hard (a water bottle, a laptop lid, a cooler, a car window), yes. The laminate is a clear 2.75 mil film over the print, taking the sheet to about twice its thickness. It carries UV absorbers, and that is the part that matters: it keeps printed color from fading in sunlight and takes the scuffs before your ink does. Matte and gloss are rated for up to six years outside.
Holographic is laminated too, on the same film with a prismatic effect in it. It is rated up to three years outside rather than six, so for something that has to last outdoors, matte or gloss will go the distance better.
If it is staying indoors (packaging inserts, product labels on boxes, planner and journal stickers, envelope seals, event swag), Economical is the pick. Same printed vinyl underneath, just without the protective layer, and indoors there is not much for it to protect against.