The global Labeling Equipment Market is expected to expand a market size of nearly USD 3,625.80 million by 2030 and is further registered to acquire 4.80% of CAGR during the forecast period of 2021 to 2030. Labeling equipment is considered to be a helpful tool in placing labels more quickly and accurately. Currently, the arrival of automatic labeling equipment is helping many industries to minimize their labor cost.
The demand for labeling equipment is growing across the industry because of the increasing e-commerce shopping and rising demand for automation in various warehouse spaces. The increasing demand for packaging solutions for different products is estimated to drive the global labeling equipment market growth during the research period.
Globally, the global labeling equipment market has been divided into different areas, such as North America, Asia-Pacific, Europe, South America, and the rest of the world.
The largest regional market has been acquired by North America during the forecast period. The demand for labeling equipment is growing in this region because of the rising demand for packaged products. This region has a larger cosmetic industry and pharmaceutical industries, which is contributing to the growth of the regional market. Further, the fastest growing regional market is predicted to be the Asia-Pacific regional market during the review period due to the growing development of major end-user industries like pharmaceutical, food & beverages, and cosmetic industries in the Asia-pacific region. Additionally, the increasing disposable income of people is contributing to the growth of the regional market for labeling equipment.
According to the global labeling equipment market report, this market has been segmented in terms of technology, product type, and end-user industry.
On the basis of the technology segment, the global market for labeling equipment has been classified into semi-automatic, automatic, and manual. The automatic labeling segment is projected to lead the global market for labeling equipment by holding the largest market share. This segment is expanding as it ensures higher accuracy and fast labeling.
Based on the product type segment, the global market for labeling equipment has been segregated into glue-based labelers, self-adhesive or pressure-sensitive labelers, sleeve labelers, and others. Of these, the self-adhesive or pressure-sensitive labelers segment is predicted to generate the largest market share because it is easy to apply and is considered to be highly versatile. Moreover, rapid growth can be observed in the sleeve labelers segment because it enables 360° labeling.
The global labeling equipment market has been segmented based on the end-user industry, such as healthcare & pharmaceuticals, chemicals, food & beverages, cosmetics & personal care, and others. The largest market share is held by the food & beverage segment due to the rising need for labeling and packaging of food & beverage products.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
The important key players in the labeling equipment market include Quadrel Labeling Systems (US), KWT Machine Systems Co. Ltd. (China), Pack Leader Machinery Inc. (Taiwan), Label-Aire, Inc. (the US), HERMA Labeling Machines (Germany), and others. For instance, in September 2020, the acquisition between Paco label systems and Frankston Packaging company was observed. This acquisition has been set up with an aim to develop flexible packaging capability and pressure-sensitive labels for Frankston.