Global Labeling Machines Market - 2022-2029
Market Overview
The global labeling machines market is valued at USD XX million in 2021 and is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029)
Labeling machines print, dispense and adhere labels on various packing containers, including glass, plastic, and aluminum. Labels for point-of-sale, display, and transit packs are also obtained and applied using these devices. Labels are used to sell, adorn, or provide valuable information to buyers about a product or brand. Additionally, they distinguish products to retain branding and visibility in the retail environment. The market is expected to expand as demand for precise, high-speed, and simple labeling solutions grows. Furthermore, the expanding e-commerce industry is likely to fuel the market for labeling machines due to convenience, variety, and cost savings. Labeling machines are used in the e-commerce industry to apply labels and barcodes to various cartons and packages.
Market Dynamics:
Increasing demand from consumer for high product transparency
As demand for accurate, quick, and simple leading solutions grows, market growth is expected. Because of convenience, choice, and cost benefits, the global labeling machines market is predicted to grow as the e-commerce industry grows. Labeling machines are used in the e-commerce industry to apply labels and barcodes to various boxes and packages. The label also protects products from tampering by allowing them to be delivered to customers without being tampered with. As the demand for security labeling to prevent theft and fraud grows, so will the demand for this equipment. Consumers want a bigger selection of products and a greater variety of products. As a result, the number of products created and sold grows, adding to the complexity of manufacturing. To meet the challenges, product producers are increasing the demand for versatile labeling machines that can handle a wide range of materials and technologies. The introduction of automation technology in labeling machines is a key factor driving the worldwide market. To increase productivity and operational efficiency, manufacturing processes' automation is increasingly being implemented in many processes industries. Several market providers throughout the world are starting a commercialized labeling and packaging process to improve the packaging process and respond to increased demand from end-users.
Market Segmentation:
Glue based labelers segment is the dominating segment during the forecast period
Over the projected period, the glue-based labelers technology category is expected to dominate the market. Wet glue labelers and hot melt glue labelers are included in this category. Labels are applied by wet glue labelers, which use a liquid adhesive at room temperature to adhere to stiff containers. Labels are affixed to containers using solid glue that is melted immediately before application in hot melt glue labelers. Over the projected period, sleeve labelers are expected to be the fastest-growing technological segment. Shrink sleeve labelers and stretch sleeve labelers are two types of sleeve labelers. Shrink sleeve labeling machines are becoming increasingly popular since they enable full-body labeling, allowing maximum brand visibility and promotion.
Based on end-use, the beverages category dominates the labeling machines market, and this dominance is expected to continue over the forecast period. The dominance is linked to reasons that feed beverage product manufacture, such as rising disposable income, population growth, and a growing global trend of health drink consumption, all of which drive demand for labeling equipment.
Geographical Penetration:
Asia-Pacific is expected to dominate the global labeling machines market in the year 2021
The Asia Pacific dominated the worldwide labeling machine market, and this dominance is expected to continue during the forecast period. The existence of numerous emerging economies such as China and India, rising population, disposable income, and a burgeoning food and beverage industry contribute to the regional market's demand for labeling machines. The North American market is also foreseen to record a substantial growth rate over the envisioned period. The growth of the e-commerce industry, especially in the United States, is likely to positively impact the growth of the regional market, along with the adoption of rules and regulations related to labeling, sterilization, and monitoring. For example, regulating the Fair Packaging and Labeling Act and the Drug Safety and Quality Act can accelerate growth.
Competitive Landscape:
The global labeling machines market is fragmented, and the global players are competing intensely with local and regional players and private labels. Due to the existence of both global and regional companies, the market for labeling machines is fragmented. Krones AG, ProMach, Inc., Sacmi Imola S.C., Salzgitter AG, Barry-Wehmiller Group, Inc., Tetra Laval International S.A., and I.M.A. Industria Macchine Automatiche S.p.A. are some of the major competitors in the industry. Accutek Packaging Equipment Companies, Inc., Quadrel Labeling Systems, and Fuji Seal International, Inc. are among the market's other major competitors. Companies are pouring money into R&D to meet the growing need for high-speed, precision labeling equipment that can apply labels on containers of all shapes and sizes. Krones AG finalized the acquisition of Sprinkman LLC in October 2018 to improve the functionality of its Krones of House product portfolio. Herma announced the launch of a new product labeling machine in March 2019. The company has launched a robot-assisted pallet labeling system. This gadget is made out of tog.
COVID-19 Impact:
Negative impact on the global labeling machines market
COVID-19 has significantly impacted the food and pharmaceutical industries, resulting in changes in consumer consumption patterns, lockdown limitations, and new regulations. To avoid supply chain shortages, the US Food and Drug Administration (FDA) has created flexible legislation. Due to health risks, manufacturers can use existing labeling for food goods with minor revisions. This will assist equipment producers in maintaining their production costs. Due to lockdown scenarios, pandemic crises have impeded the movement of the workforce and logistic supplies. The coronavirus pandemic had a major impact on various end-use industries, causing a temporary halt in production and trade actions. The pandemic has also contributed to the economy's decline by reducing demand and production, causing supply and demand to be disrupted. The global trade embargo had a considerable impact on trading activity, resulting in a further drop in raw material supply and a rise in finished goods prices.
Why Purchase the Report?
Understand the current market scenario and viability of global labeling machines over the forecast period
Visualize the composition of the global labeling machines market in terms of type, technology and end-use to identify major players, growth potential, and market strategies
Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market
What we offer?
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Excel data sheet with valuable data points of the global labeling machines market – Regional and Country level segmentation
Product mapping in excel for the key products of all major market players
Market share analysis covering business revenues ($) and revenue share (%) of key market players
The global labeling machines market report would provide an access to approximately 55 market data tables, 45 figures and 180 pages
Target Audience:
Food Service Industry
Food and Beverage Processing Companies
Food Processing Machinery Suppliers
Industry Investors
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Research Professionals
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