Global Laser Markable Labels Market Growth 2023-2029

Global Laser Markable Labels Market Growth 2023-2029

Laser markable labels are designed to increase the legibility of part markings and barcodes lasered on printed circuit boards and complex surfaces. Thanks to increased contrast, barcodes lasered on the label are easier to scan, which leads to reduced waste in supply chains with stringent traceability requirements.

LPI (LP Information)' newest research report, the “Laser Markable Labels Industry Forecast” looks at past sales and reviews total world Laser Markable Labels sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Markable Labels sales for 2023 through 2029. With Laser Markable Labels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Markable Labels industry.

This Insight Report provides a comprehensive analysis of the global Laser Markable Labels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Markable Labels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Markable Labels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Markable Labels and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Markable Labels.

The global Laser Markable Labels market size is projected to grow from US$ 352.4 million in 2022 to US$ 501.4 million in 2029; it is expected to grow at a CAGR of 501.4 from 2023 to 2029.

The top three manufacturers of laser markable labels in the world include 3M, Tesa, NIPPON CARBIDE INDUSTRIES, with a total market share of more than 70%, of which the largest manufacturer is 3M, with a market share of more than 30%. North America is the most important laser markable labels producing area in the world, with a market share of more than 45%. In terms of type, black has a market share of over 65%. In the field of application, the market share of automotive exceeds 35%.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Markable Labels market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
White
Black
Other

Segmentation by application
Electronics and Semiconductors
Automotive
Medical
Aerospace and Defense
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Tesa
NIPPON CARBIDE INDUSTRIES
Brady Corporation
Polyonics
Camcode

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Markable Labels market?

What factors are driving Laser Markable Labels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Markable Labels market opportunities vary by end market size?

How does Laser Markable Labels break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.