The global Labeler Market is expected to reach USD 7.75 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the rise in the adoption of automatic labeling machines and emergence of packaging robots with advanced sensors, vision technology, and laser detection ability.
Automatic labeling machine do not need an operator. This machine is generally made of a labeling applicator, a conveyor – to transport the products, and a control system. Many organizations skip hand operated and semi-automatic machines for rapid expansion for equipment which provide high volume output. Automatic machines offer better packaging consistency and reduce production time. Labeling using automatic equipment also offer lower labor cost per unit than semi-automatic.
High deployment costs may hinder the growth of the market.
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Key participants include Videojet, Markem-Imaje, Weber Packaging Solutions, Domino, Label-Aire, Pro Mach, Diagraph, Matthews, ALTech, Quadrel Labeling Systems, EPI Labelers, Panther Industries, Cotao, and XRH, among others.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented global Labeler Market on the basis of equipment type, type, industry vertical, application, and region:
Equipment type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2020-2028)
Type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2020-2028)
Application Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2020-2028)
Industry vertical Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2020-2028)
The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report further explores the key business players along with their in-depth profiling, product portfolio, and strategic business decisions. The report has been formulated through extensive primary and secondary research and further validated by analysts, industry experts, and market professionals. The report also sheds light on the recent mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches, among others.
Regional analysis covers assessment of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue and gross margins, and presence of key players in the region. The report also offers insights about revenue growth, market size, market share, technological advancements, and presence of key players in each region.
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Regional Bifurcation of the Labeler Market Includes:
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