The Industrial Labels Market is Estimated to Rich around USD 75 Billion By 2026

20-Nov-2020 | Zion Market Research

Findings from Zion Market Research report “By Type (Warning/Security Labels, Branding Labels, Weatherproof Labels, Equipment Asset Tags, and Others), By Material (Polymer, and Metal), By Printing Technology (Digital Printing, Flexography, Lithography, Screen Printing, and Others),  By Label Technology (Bar Codes, Radio Frequency Identification (RFID), and Others), By Mechanism (Glue-Applied, Heat-Shrink, Pressure Sensitive, In-Mold, Heat Transfer, and Others), By End-Use (Consumer Durables, Automotive, Chemicals, Construction, Pharmaceuticals, Food & Beverage, Transportation & Logistics, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global demand for Industrial Labels market in 2019 was approximately USD 45 billion. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 75 billion by 2026.

Industrial labels are predominantly used products for the compliance of safety regulation and tracking the inventory. The rise in the global population is surging the demand for the food and consumer goods industry which is anticipated to fuel the market growth of industrial labels.

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The government’s initiative and regulations for the use of warning labels is anticipated to propel the growth of the industrial label market. Additionally, an increased global population is creating an enormous demand for food and beverage sectors and consumer durables which is predicted to expand the market growth of industrial labels. Also, the rise in the global population driving the residential construction activities across the globe which is creating a sustainable demand for the industrial labels market. However, the fluctuating and increasing cost of raw materials is creating a big hurdle in front of the industry.

The industrial labels market is segmented based on type, material, label technology, printing technology, mechanism, and end-use.  On the basis of type segmentation, the market is classified into branding labels, warning/security labels, weatherproof labels, equipment asset tags, and others. Equipment asset tags are predicted to acquire the major share of the market owing to their predominant use in the consumer durables and food and beverage sector. In terms of material segmentation, the market is bifurcated into polymer and metal. The polymer category is predicted to acquire the major share of the market owing to its non-corrosive properties and lower cost over the metal-based industrial labels. Furthermore, on the basis of the printing technology market is split such as flexography, digital printing, lithography, screen printing, and others. Digital printing may generate a significant demand owing to its wide penetration and application characteristics. Additionally, based on label technology, the market is categorized into radio frequency identification (RFID), bar codes, and others. Bar codes are expected to have the largest market share owing to their wide range of applications in many fields. According to the mechanism, the market is bifurcated into heat-shrink, glue-applied, pressure-sensitive, in-mold, heat transfer, and others. The glue-applied market is projected to acquire a prominent share of the market owing to convenience. Furthermore based on the end-use market is categorized as automotive, consumer durables, chemicals, pharmaceuticals, food & beverage, construction, transportation & logistics, and others.

Based on the region industrial labels market is split into regions such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It is estimated that the Asia Pacific region may grow at the fastest rate during the forthcoming years. The growth of the population in India and China is propelling the demands for consumer goods and food sector, which is surging the demand for the industrial label in the region. The growth of the Asia Pacific is projected to get followed by North America, Europe, and other regions.

Some of the vital players operating in the industrial labels market, but not restricted to include 3M, CILS Ltd., Cenveo Inc., ILN, Saint Gobain SA, GR Label, Fuji Seal International, Inc., GSM Graphics Arts, Brady Corporation, DuPont, H.B. Fuller Co., Herma Labels, Flexcon Company, Inc., Dunmore Corporation, and CCL Industries Inc. The market for industrial labels is quite fragmented. The intense rivalry among the existing players may lead to a price war. However, the leading market players are focusing on innovation. The innovation is delivering the edge to the market players in the terms of competitive advantage.

Browse the full “Industrial Labels Market – By Type (Warning/Security Labels, Branding Labels, Weatherproof Labels, Equipment Asset Tags, and Others), By Material (Polymer, and Metal), By Printing Technology (Digital Printing, Flexography, Lithography, Screen Printing, and Others), By Label Technology (Bar Codes, Radio Frequency Identification (RFID), and Others), By Mechanism (Glue-Applied, Heat-Shrink, Pressure Sensitive, In-Mold, Heat Transfer, and Others), By End Use (Consumer Durables, Automotive, Chemicals, Construction, Pharmaceuticals, Food & Beverage, Transportation & Logistics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/industrial-labels-market

This report segments the Industrial Labels market as follows:

Global Industrial Labels Market: By Type Segmentation Analysis

  • Warning/Security Labels
  • Branding Labels
  • Weatherproof Labels
  • Equipment Asset Tags
  • Others

Global Industrial Labels Market: By Material Segmentation Analysis

  • Polymer
  • Metal

Global Industrial Labels Market: By Label Technology Segmentation Analysis

  • Bar Codes
  • Radio Frequency Identification (RFID)
  • Others

Global Industrial Labels Market: By Printing Technology Segmentation Analysis

  • Digital Printing
  • Flexography
  • Lithography
  • Screen Printing
  • Others

Global Industrial Labels Market: By Mechanism Segmentation Analysis

  • Glue-Applied
  • Heat-Shrink
  • Pressure Sensitive
  • In-Mold
  • Heat Transfer
  • Others

Global Industrial Labels Market: By End Use Segmentation Analysis

  • Consumer Durables
  • Automotive
  • Chemicals
  • Construction
  • Pharmaceuticals
  • Food & Beverage
  • Transportation & Logistics
  • Others

Global Industrial Labels Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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