August 09, 2023 08:13 ET | Source: Zion Market Research Zion Market Research
NEW YORK, United States, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Label Printing Machines Market - By Technology (Sleeve Labelers, Glue-Based Labelers, Self-Adhesive Labelers, And Others), By Type (Mobile Type, Industrial Type, And Desktop Type), By Sales Channel(Distribution Channel And Direct Channel.), By End-User (Chemicals, Personal Care, Pharmaceuticals, Beverages, Food, And Others), And By Region: Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2023 - 2030” in its research database. Printing Press Machine
“According to the latest research study, the global label printing machines market size was valued at approximately USD 7.02 billion in 2022. The market is expected to grow above a CAGR of 6.48% and is anticipated to reach over USD 10.90 billion by 2030.”
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Label Printing Machines Market Overview:
Label printing machines are used to print and adhere various labels to attractively packaged containers made from a variety of materials, such as aluminium, glass, plastic, and others. Label printing machines are used to create and label on exhibit, as well as efficiently label point of scale and transit packs. Labels are utilised to market products and trademarks in a decorative, efficient manner, or to provide useful information to consumers. Moreover, labels help differentiate between products in order to maintain the retail sector's branding and visibility. Labelling machines are extensively used to apply labels to cartons and packages in industries such as e-commerce.
Key Insights from Primary Research
The report contains qualitative and quantitative research on the global label printing machines market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global label printing machines market include;
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Global Label Printing Machines Market: Growth Factors
One of the major factors driving the growth of the global label printing machines market is the adoption of automation technology for label printing. To increase operational efficiency and productivity, efficient automation technology is widely implemented in several industries. There is an on-going trend for premiumization in the labeling. The visual appeal can help to increase sales lead and hence manufacturers are investing heavily to offer attractive and expensive appearance to the products. Today, packaging has become very synonymous with communicating brand recognition to consumers to make a profitable deal out of it.
Packaging and transportation undergo cost reduction through weight reduction of products. Hence, manufacturers are investing in extensive research and development activities to achieve shorter print runs on thinner base materials and thus propelling the growth of the market significantly. Consumers need greater product diversity and a broad spectrum of the products.
Global Label Printing Machines Market: Segmentation
The global label printing machines market can be segmented into technology, type, sales channel, end-use, and region.
By technology, the market can be segmented into sleeve labelers, glue-based labelers, self-adhesive labelers, and others. The self-adhesive labelers hold hegemony over others.
By type, the market can be segmented into mobile type, industrial type, and desktop type. By sales channel, the market can be segmented into distribution channel and direct channel.
By end-use, the market can be segmented into chemicals, personal care, pharmaceuticals, beverages, food, and others. The beverage segment accounts for the largest share in the global label printing machines market due to significant growth in the consumption of health drinks. The food segment is also anticipated to witness huge growth due to the increasing demand for ready-to-eat food and processed foods.
Browse Complete Report Here | Label Printing Machines Market - By Technology (Sleeve Labelers, Glue-Based Labelers, Self-Adhesive Labelers, And Others), By Type (Mobile Type, Industrial Type, And Desktop Type), By Sales Channel (Distribution Channel And Direct Channel.), By End-User (Chemicals, Personal Care, Pharmaceuticals, Beverages, Food, And Others), And By Region: Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2023 - 2030
Asia Pacific accounts for the largest share in the global label printing machines market due to the growing economies like India and China. The rising population coupled with increasing disposable income of the people is contributing significantly to the growth of the regional market.
North America is anticipated to witness huge growth with high CAGR due to the increasing e-commerce sector and the growing regulations regarding the labeling and serialization of the products.
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The global label printing machines market is segmented as follows:
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Key questions answered in this report:
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