Global Labeling Equipment Market: Overview
Labels are the printed film, paper, polymer, or other materials imprinted on the body of the product or package offering relevant information associated with the products. Label equipment helps in allocating and applying the label to the package product or container. There are different types of labeling machines available in the market.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Global Labeling Equipment Market: Growth Factors
The surge in the adoption of automatic techniques for various operations, including labeling, is posing a huge demand for the growth of the global labeling equipment market. Labeling equipment is gaining immense popularity and is playing a vital role in the packaging sector across all regions as it offers authentication and safety of the product. Also, label equipment is used to print and later attach labels to the product. Automation in this sector helps organizations to enhance the productivity and efficiency of work manifolds and consequently lower the mobility of various mechanical parts. Automation in manufacturing processes is highly implemented in several organizations at a considerable rate in order to improve operational efficiency. Also, the high-end merchandise packaging and labeling processes are demanded by various end-users to meet the growing demand and enhance the packaging process. Such machines are used to apply labels on transit packs, display, and point of display areas. Customers are demanding diverse products, which in turn has significantly scaled up the array of products marketed and manufactured, thereby contributing towards growing product complexity. Therefore, to overcome such challenges, versatile labeling machines based on numerous advanced technologies are being deployed to handle such growing product complexity. Also, the rise in simple, high speed and accurate levels of labeling solutions is likely to further add up towards the market growth. The advent of e-commerce sectors will significantly bolster the growth of the global labeling equipment market as the e-commerce channel is being widely adopted for purchase transactions due to the choice, convenience, and cost benefits. However, the label contains anti-counterfeiting and tracking features that make it easy for manufacturers to track the shipments. In addition, these also help to offer protection against tampering by assuring the products are being delivered to end-users without any external interference. The ongoing technological advancements in the field of labeling equipment are highly revolutionizing the packaging sector by lowering human intervention. All these aforementioned factors are likely to bolster the growth of the global labeling equipment market over the forecast period.
Global Labeling Equipment Market: Segmentation
The global labeling equipment market can be segmented into end-user, technology, and region.
By end-user, the market can be segmented into chemical, personal care, pharmaceutical, beverages, food, and others. The beverage sector accounts for the largest share in the global labeling equipment market due to the growing disposable income of the people globally. Also, the rise in the trend of healthy drinks consumption along with the growing population is further likely to accentuate the growth of the segment in the forthcoming years. However, the food segment is likely to dominate the global labeling equipment market over the forecasted period due to the growing inclination of people towards processed and ready-to-eat products. Also, the pharmaceutical sector is likely to register significant growth over the forecasted period due to the growing number of diseases all over the world.
By technology, the market can be segmented into glue-based labelers, pressure-sensitive, sleeve labelers, self-adhesive labelers, and others. The pressure-sensitive segment holds the largest share in the global labeling equipment market as it does not require any heating process or liquid glue. Also, the glue-based labelers technology segment is expected to witness a significant growth rate owing to the convenience offered.
Global Labeling Equipment Market: Regional analysis
Asia Pacific accounts for the largest share in the global labeling equipment market due to the presence of prominent market players in the region. Also, growing economies like India and China are posing a huge demand for labeling equipment owing to the growing disposable income of the people along with expanding end uses sectors like the food and beverage industry.
North America is likely to register a significant growth rate over the forecasted period due to the growing adoption of e-commerce channels for purchase transactions. Also, the growing awareness among people regarding the authenticity of the product will further contribute towards the growth of the regional market. The presence of government regulations associated with the serialization and labeling of products will further positively impact the growth of the regional market.
Global Labeling Equipment Market: Competitive Players
Some of the significant players in the global labeling equipment market are Label-Aire, Inc., Quadrel Labeling Systems, CTM Labeling Systems, Inc, CVC Technologies Inc., MPI Label Systems, Inc, Harland Machine Systems Ltd., In-Line Labeling Equipment, Inc., Newman Labelling Systems Ltd., Labeling Systems, LLC, and Weiler Labeling Systems, LLC.
Global Labeling Equipment Market: Regional Segment Analysis
What Reports Provides
The surge in the adoption of automatic techniques for various operations, including labeling, is posing a huge demand for the growth of the global labeling equipment market. Labeling equipment is gaining immense popularity and is playing a vital role in the packaging sector across all regions as it offers authentication and safety of the product. Also, label equipment is also used to print and later attach labels to the product.
Some of the significant players in the global labeling equipment market are Label-Aire, Inc., Quadrel Labeling Systems, CTM Labeling Systems, Inc, CVC Technologies Inc., MPI Label Systems, Inc, Harland Machine Systems Ltd., In-Line Labeling Equipment, Inc., Newman Labelling Systems Ltd., Labeling Systems, LLC, and Weiler Labeling Systems, LLC.
Asia Pacific accounts for the largest share in the global labeling equipment market due to the presence of prominent market players in the region. Also, growing economies like India and China are posing a huge demand for labeling equipment owing to the growing disposable income of the people along with expanding end uses sectors like the food and beverage industry.
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