North America Print Labels Market - Forecasts from 2024 to 2029

North America Print Labels Market - Forecasts from 2024 to 2029

The North American print labels market is expected to grow at a CAGR of 4.22%, reaching a market size of US$14.086 billion in 2029 from US$11.458 billion in 2024

A printed label is an integral part of the packaging of products, irrespective of their intended use and duration of use. These labels contain information about the products that must be effectively conveyed to regular customers and used to woo prospective customers. It’s a tool used by companies worldwide to distinguish their products from their competitors. There is a requirement for strict compliance with certain regulators whose established guidelines dictate the terms of information that must be disseminated to the larger customer base in general. The list of information falls under the purview of directions to use expiry date and so on. During the evaluation period, an increase in consumers’ health and environmental consciousness will boost the print label market.

Furthermore, due to a marked shift among North American consumers towards healthy consumption, it is also set to drive the market for print labelling to an unprecedented zenith during the forecast period. The food and beverage market, owing to the various innovations and premiumization of alcoholic beverages, is expected to boost the regional print label market’s growth. Additionally, growing environmental consciousness among consumers has also led manufacturers of personal care products to emphasize the nitty-gritty of the print label. This, too, is set to drive its regional market growth. Further, constant investment in research and development in printing technologies towards more efficient, less cluttered, and environmentally aligned printing adds to the print label market’s growth.

North America Print Labels Market Drivers:

Increasing use in the packaging industry

In the entire packaging industry, printed labels are highly prevalent as a common means of advertising goods while also providing necessary details that make it possible for buyers to exercise sound judgment. For instance, within pre-packaged and processed food items, the Food and Drug Administration (FDA) requires their nutritional labels. A wide variety of sectors has an increasing demand for digital printing technologies such as pharmaceuticals, food & beverages other consumers’ goods also. Presently there is a growth in market for packaged and processed food thereby boosting the printing label industry. This increase can be attributed to the rise of organized retail formats which include ecommerce, supermarkets as well as hypermarkets.

North America Print Labels Market Geographical Outlook

The United States is expected to hold a significant market share in the forecast period.

To capitalize on the label market's growth potential, many players are refocusing their attention on the print label market in the United States. The food and beverage industries are a major source of demand for American label manufacturers. Positive effects on the market are anticipated due to the notable increase in sales of private-label beverages. Furthermore, BIXOLON Co., Ltd. announced in March 2022 the introduction of the NEW XT3-40, a 4-inch entry-level industrial label printer. This company says it is high-performance and small, which makes it the ideal choice for high-volume data collection bar code printer needs in factories, warehouses, and transport systems. Furthermore, the strong need for intelligent labels that can simplify information exchange between producers and users is responsible for the sharp growth. The California-based Raley's shelf guide program assists consumers in recognizing the ingredients, food preparation techniques, and nutritional value that are indicative of this trend.

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Report Coverage:

Historical data & forecasts from 2022 to 2029
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The North American Print Labels market is segmented and analyzed as follows:

By Type

Pressure Sensitive Labels
In-Mold Labels
Wet-glued Labels
Sleeve Labels
Multi-part Tracking Labels
Others

By Printing Technology

Flexography
Offset
Letterpress
Gravure
Digital

By End-User Industry

Healthcare
Food & Beverage
Personal Care
Industrial
Household Care
Consumer Electronics
Others

By Geography

USA
Canada
Mexico