The global labeling equipment market is estimated to grow USD 3,625.80 million at a compound annual growth rate (CAGR) of 4.80% over the forecast 2021-2030
The Labeling Equipment Market is witnessing rapid growth with a surge in demand for decorative and durable labels across various industries. The global labeling equipment market share was valued at USD 6.7 billion in 2020. Various factors including increasing demand for consumer goods are helping the labeling equipment market to expand significantly.
Labeling equipment helps in placing labels more accurately and quickly. The automatic type of labeling equipment is very efficient and has enabled many industries to cut their labor cost. Moreover, Some of these machines can do both label printing and placing works simultaneously. Therefore, with the rising demand for smart labeling the labeling equipment market is witnessing remarkable growth. The global labeling equipment market is estimated to grow USD 3,625.80 million at a compound annual growth rate (CAGR) of 4.80% over the forecast 2021-2030.
The global retailing business has seen tremendous growth especially with the increasing penetration of e-commerce companies. However, at the same time, strict regulations regarding compulsory labeling have also come into force across the globe. This need for labeling has brought a positive impact on the labels and the labeling equipment market. The global labeling equipment market share is estimated to be worth USD 12 billion by the end of the forecast period in 2028.
Covid-19 had a negative impact on the global labeling equipment market. The poor performance of the major end-user industries like food and beverage, cosmetics, and chemicals led to a sharp fall in the demand for labeling equipment globally. Moreover, restrictions meant to curb virus spread disrupted the supply chain affecting both manufacturers and consumers. However, the market got a respite with rising demand from the healthcare and pharmaceutical industry as well as from e-commerce industries during the period. The market is expected to show a rapid recovery with the rapid rise in industrial activities post covid period.
The major global companies playing a key role in the labeling equipment market are :
The increasing need for automation in the packaging and labeling industry is the major factor driving the growth of the global labeling equipment market. The need for packaging and labeling has also risen significantly as it directly impacts the sales of the product Moreover, increasing government regulations regarding the need for knowledgeable labels is also generating the demand for labeling equipment. Furthermore, the increasing retail sales with the increase in disposable income of people is generating huge demand for products requiring compulsory labeling.
Labeling equipment is highly advantageous in comparison with manual labeling that has high cost and lower efficiency. The Automation of labeling equipment helps industries to explore more decorative and durable labeling methods and materials. Therefore, the numerous benefits offered by labeling equipment are the primary factors responsible for the growth of the global labeling equipment market.
The high cost of labeling equipment is a major factor hindering the growth of the global labeling market. Their high cost restricts many small-scale industries to take benefits from such equipment. Moreover, many labeling equipments are designed for labeling a particular product form. Thus, when there is a need for change in the product form the manufacturer needs to make a vital change in the labeling equipment.
Labeling equipment is a machine that is used to apply labels to a product or its packaging material. This equipment can be manual or semi-automatic or automatic. Automatic machines are highly efficient and can considerably decrease labor costs.
Labeling is an important activity in the production process. It not only gives information about the product but also helps to strengthen the brand image in the market. Modern labeling equipment is more accurate and is made to apply labels of different materials to products of different forms.
The specific objectives of this market report on the labeling equipment market are given below:
Segmentation of the global labeling market, By product type
Pressure-sensitive/self-adhesive labelers segment holds the largest market share by product type of the global labeling market. This type of labeling occupies about 80% of the total labels market. Pressure-sensitive labels are easy to apply as they do not require heat, solvent, or any kind of glue to adhere to the container. These labels are highly versatile and can be used for different packaging shapes.
However, the sleeve labelers segment is also witnessing rapid growth. The main advantage of sleeve labelers is that it enables 360° labeling which gives better brand projection.
Segmentation of the global labeling market, By Technology
The automatic labeling technique dominates the market by holding about 40% of the total Market share. Automatic labeling ensures fast labeling with higher accuracy. Moreover, some of this equipment is also capable of printing the labels at the same time.
Segmentation of the global labeling market, by end-user industries
The food & beverage segment holds the largest share of the global labeling equipment market. The compulsory need for packaging and labeling of the food & beverages products generates the demand for this equipment. Moreover, there has been a tremendous rise in sales and transport of food products which is, in turn, increasing the demand for labeling equipment. The pharmaceutical industry is also one of the major demand-generating industries for labeling equipment.
The different regional markets for the global labeling equipment market are:
North America is the largest regional market for labeling equipment. High demand for packaged products also generates high demand for labeling equipment. Moreover, this region has a larger pharmaceutical industry and cosmetic industry, the other major demand generators. The greater presence of e-commerce companies in this region is also helping the marketing to expand significantly.
Asia-pacific is the fastest growing regional segment of the global labeling equipment market. The rapid development of major end-user industries like Food & beverages, pharmaceutical, cosmetic industries in this region is the primary factor responsible for the higher growth rate. The rising disposable income of people is creating favorable prospects for the growth of the labeling equipment market.
Europe is also a significant market for labeling equipment. The great demand for packaged and healthcare products is the major factor responsible for the market growth in this region. Moreover, greater emphasis and investments upon the R & D of the equipment are likely to boost the growth of the labeling equipment market. The Latin America, The Middle East, and the African segment is expected to show moderate growth over the forecast period.
This report will be beneficial for every stakeholder of the labeling equipment market such as :
This report provides an in-depth analysis of the labeling equipment market in terms of current value and future forecast. This report has also identified the problems and prospects of the given market.
Moreover, the technological analysis section of the report will help in knowing the product better and also about its market prospects. Furthermore, this report contains a detailed analysis of every segment of the given market for the current forecast period. This report has also highlighted the key players and the current developments in the labeling equipment market.
|Market Size||USD 3,625.80 million|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product Type, Technology, End-Use|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Krones AG (Germany), FUJI Seal International Inc. (Japan), World Pack Automation Systems Private Limited (India), Langguth (Germany), Quadrel Labeling Systems (US), Pack Leader Machinery Inc. (Taiwan), KWT Machine Systems Co. Ltd. (China), HERMA Labeling Machines (Germany), Label-Aire, Inc. (US), Nita Labeling Equipment (Canada), Evolabel AB (Sweden), Sato Holdings Corporation (Japan), Accutek Packaging Equipment Co. Inc. (US), ID Technology, LLC (US), P.E. Labellers S.p.A (Italy), Accraply Inc. (US), Multi Pack Machinery Company (India), Avery Dennison Corporation (US), and Markem-Imaje Corporation (India)|
|Key Market Opportunities||New product launches and R&D Amongst major key Players|
|Key Market Drivers||
The global labeling equipment market is estimated to acquire substantial value during the forecast period.
The global labeling equipment market is estimated to thrive at a CAGR of 4.80% during the forecast period?
The APAC region dominates the global market majorly due to the increasing demand for automated solutions for labeling in the consumer industries. Besides, the presence of emerging economies like India, China, and Japan are estimated to play an important role in expanding the market.
The global labelling equipment market can be segmented on the basis of automatic, technology, manual, and semi-automatic.
The most renowned names of the global labelling equipment market are Langguth (Germany), Quadrel Labeling Systems (US), Nita Labeling Equipment (Canada), Sato Holdings Corporation (Japan), Krones AG (Germany),
The increasing need for automation in the packaging and labeling industry is the major factor driving the growth of the global labeling equipment market.
North America is the largest regional market for labeling equipment owing to the high demand for packaged products.
The major global companies playing a key role in the labeling equipment market are : ● Krones AG (Germany) ● FUJI Seal International Inc. (Japan) ● World Pack Automation Systems Private Limited (India) ● Langguth (Germany) ● Quadrel Labeling Systems (US) ● Pack Leader Machinery Inc. (Taiwan) ● KWT Machine Systems Co. Ltd. (China) ● HERMA Labeling Machines (Germany) ● Label-Aire, Inc. (US) ● Nita Labeling Equipment (Canada) ● Evolabel AB (Sweden) ● Sato Holdings Corporation (Japan) ● Accutek Packaging Equipment Co. Inc. (US) ● ID Technology, LLC (US) ● P.E. Labellers S.p.A (Italy), Accraply Inc. (US) ● Multi Pack Machinery Company (India) ● Avery Dennison Corporation (US) ● Markem-Imaje Corporation (India).