The global Labeler Market had a total value of USD 36.58 Billion in 2021 and is projected to maintain a steady revenue Compound Annual Growth Rate (CAGR) of 4.8% over the forecast period, as reported by the latest study from Reports and Data. The primary driver behind this growth in market revenue is the increasing demand from manufacturers for brand recognition. Brand labels provide essential information about the product's identity, grade labels convey its attributes and quality, while descriptive labels highlight its intended use. This valuable information assists consumers in distinguishing between the numerous products available in the market, thereby facilitating their decision-making process and contributing to the labeler market's revenue growth.
Another significant factor propelling the market's revenue growth is the escalating need for labeling machines in the packaging industry. These machines are employed to affix printed labels onto a wide range of containers, such as vials, ampoules, bottles, and various packaging materials used to package finished products. Packaging sectors across chemical, cosmetic, food and beverage, agricultural, electrical, pharmaceutical, and others all rely on labeling machines. These machines offer advanced labeling capabilities and operate with a high degree of autonomy, streamlining packaging tasks to be quick, well-organized, professional, and hygienic. This efficiency is contributing to the continued growth in market revenue.
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Top Lading Players: Markem-Imaje, a Dover Company, Videojet Technologies, Inc., Weber Packaging Solutions, ProMach, Adhesive Products Inc., Amcor Plc, G3 Enterprises, Jindal Films, Multi-Color Corporation, and ID Technology, LLC.
Some Key Highlights from the Report:
- The automatic segment is expected to register a significant revenue share over the forecast period. One of the most popular labeling machines is automatic since it does not require manual work. All of the labeling procedures in the automatic labeling machinery system are carried out by machines. A conveyor typically delivers the items in an inline form for this system. The label is attached to each product by labeling machines while transported to a receiving end or the next machine. For applications requiring critical label accuracy and huge production numbers, automatic labeling equipment is preferred which in turn is driving revenue growth of the segment.
- The print and apply labeling segment is expected to register a significant revenue growth rate over the forecast period. Print and apply labeling lets users create and apply labels directly onto a product and its packaging. These labels contain data such as alphanumeric text, barcodes, serialization, 2D codes, QR codes, addressing, personalization, images, and others. For instance, utilizing Domino's print and applying technologies help to become more efficient in a variety of ways, such as allowing to concentrate on satisfying customers' needs and core requirements while lowering labor expenses, human mistakes, and scrap repeats. Print and apply label systems are used for a variety of applications such as inbound and outbound processing for warehouses, distribution centers, major manufacturers, 3pls, high-volume e-commerce, Omni channel DCs, and others which in turn is driving revenue growth of the segment.
Segments covered in the report:
Equipment Type Outlook (Revenue, USD Billion; 2019-2030)
- Automatic
- Semi-automatic
- Manual
- Others
Type Outlook (Revenue, USD Billion; 2019-2030)
- Print and Apply Labeling
- Labeling Based
Application Outlook (Revenue, USD Billion; 2019-2030)
- Vials
- Plastic/glass bottles
- Metal Containers
- Cans
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Food Beverages
- Healthcare Pharmaceuticals
- Retails
- Logistics Transportation
- Others
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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