About Labeling and Artwork Management Application
Labeling and Artwork Management (LAM) Application is both a discipline of utilizations that administer item content information to make consistent labeling that can be seen on customary item packaging, on the web, or in the store network. LAM comprises of three unmistakable classes that might have covers, yet all coordinate with the product content information, Enterprise labeling, E-labeling, and Traditional labeling and artwork management.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The leading players in the market to avail competitive advantage are making new strategic partnerships with other companies and bring combined expertise in labeling and artwork management systems. Also, companies are doing research and development to deliver better technology solutions to their customer Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Labeling and Artwork Management Application market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Seagull Scientific, Inc. (United States), Loftware, Inc. (United States), Esko-Graphics BV (Belgium), enLabel Global Services (United States), Kalypso: A Rockwell Automation Company (United States), Kallik Ltd. (United Kingdom), Perigord (Ireland), NiceLabel (Germany) and BLUE Software (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Labeling and Artwork Management Application market by Type (On-Premise and Cloud), Application (Pharmaceutical, Chemical, Food and Beverage, Beauty and Cosmetics, Consumer Electronics, Courier Logistics and Ports and Others) and Region.
On the basis of geography, the market of Labeling and Artwork Management Application has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increase in Global Recognition of Regulatory Compliance of Improved Handling and Customer Requirement and Increase in demand for individual products and services
Market Growth Drivers:
The growing popularity of cloud-based applications and Increasing Demand in Pharmaceutical Industry to Strengthen Regulatory Scrutiny
Challenges:
Development of cost-effective technology as per the demand
Restraints:
The high initial cost of installation and Lack of Standardization of Products across the Industry
Opportunities:
Development of technology infrastructure in emerging countries and Increase in the digitization of the supply chain
Market Leaders and their expansionary development strategies
In January 2021, Loftware, Inc., the global leader in Enterprise Labeling & Artwork Management Solutions, and NiceLabel, a leading developer of label management systems announced that they are combining under the Software corporate umbrella. This union gives customers and partners an expanded choice of solutions while providing enhanced labeling capabilities and the benefits of greater investment in cloud-based solutions and technologies. It also brings together 60 years of combined expertise in solving labeling challenges for companies of all sizes throughout a wide range of industries across the globe.
In May 2021, TrakCel, the leading innovator of cellular orchestration solutions supporting the cell and gene therapy industry, announces a licensing partnership with BarTender by Seagull Scientific. TrakCel will integrate the BarTender barcode and labeling solution within OCELLOS by TrakCel, its second-generation cellular orchestration solution. This key integration with BarTender features label reconciliation to enable healthcare providers and other participants along the patient journey to compliantly track and trace each label that is printed, automating the creation, management, and reconciliation of labels. This partnership will ensure that TrakCel provides a commercially available, industry-standard solution designed to facilitate and meet international regulatory labeling standards.
Key Target Audience
Industrial Associations, Government Regulatory Bodies and Technology Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.