Labeling Equipment Market Size, Key Players, Investment Opportunities, Top Regions, Growth & Forecast by 2027
The Labeling Equipment Market is increasing pervasively over the past few years. The global spread of the COVID-19 increased the need to improve supply chain, manufacturing, and labeling for safety and economy. Besides, the increasing awareness of the benefits of labeling equipments fosters market growth.
With the augmenting demand for
labels in the food and beverages industries, the market is projected to garner
significant revenues in the next few years. According to Market Research Future
(MRFR), the global labeling equipment market is expected to perceive
exponential growth by 2027, registering a fabulous CAGR over the assessment
period (2020 – 2027).
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Additional factors such as
changing lifestyle and consumers’ preference for convenience food and packaged
& frozen foods boost the growth of the market. Rising demand for packaging
solutions and the shifting consumer preference towards e-commerce shopping
boosts the market size. Furthermore, the growing automation in various
industries and warehouses spaces drive the market demand.
Global
Labeling Equipment Market – Segmentation
The market is segmented into
product types, technologies, end uses, and regions. The product type segment is
sub-segmented into pressure-sensitive/self-adhesive labelers, glue-based
labelers, sleeve labelers, and others. Among these, the
pressure-sensitive/self-adhesive labeler segment accounts for the largest
market share, as these are highly adaptable with almost all types of products.
The technology segment is
sub-segmented into automatic, semi-automatic, and manual. Of these, the
automatic labeling machine segment accounts for the largest market share. The
end-use segment is sub-segmented into food & beverages, healthcare & pharmaceuticals,
cosmetics & personal care, chemicals, and others. Among these, the food
& beverage segment holds the largest market share. The region segment is
sub-segmented into Asia Pacific, North America, Europe, and the
Rest-of-the-World.
Global
Labeling Equipment Market – Regional Analysis
The Asia Pacific region dominates
the global labeling equipment market. Factors such as the growing demand for
automated solutions across end-use industries and the spurring growth in most
end-use industries fuel the growth of the market.
China, India, and Japan are major
markets for labeling equipment in the region, heading with the presence of
several key market players. Of these, China holds the largest market share,
followed by India. India is likely to witness the highest growth rate during
the forecast period.
Global
Labeling Equipment Market – Competitive Landscape
Highly competitive, the labeling
equipment market appears to be fragmented, characterized by the presence of
several well-established players. To gain a larger competitive advantage in
this market, mergers & acquisitions, collaborations, and innovations remain
key strategies for key players.
Major Players
Players leading the global
labeling equipment market include FUJI Seal International Inc. (Japan), Krones
AG (Germany), World Pack Automation Systems Private Limited (India), Quadrel
Labeling Systems (US), Langguth (Germany), Pack Leader Machinery Inc. (Taiwan),
HERMA Labeling Machines (Germany), KWT Machine Systems Co. Ltd. (China), Label-Aire,
Inc. (US), Evolabel AB (Sweden), Nita Labeling Equipment (Canada), Sato
Holdings Corporation (Japan), ID Technology, LLC (US), Accutek Packaging
Equipment Co. Inc. (US), P E Labellers S.p.A (Italy), (India), Accraply Inc.
(US), Avery Dennison Corporation (US), Markem-Imaje Corporation (India), and
Multi Pack Machinery Company, among others.
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Industry/ Innovation/Related
News:
Sept. 1, 2021 --- the IAPMO Group announced that it
is partnering with the Amazon Service Provider Network (SPN), helping
manufacturers and distributors wishing to sell their products on Amazon’s vast
global marketplace. Amazon SPN is a group of agencies trained and certified by
Amazon to assist sellers.
Amazon requires products sold on
its platform to comply with all applicable safety standards, substance
restrictions, labeling, and certification requirements within the intended
sales markets.
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