About Label Equipment
Labels are used and are essential in many applications, to provide variable information about the objects to which they adhere. Labeling products and packages are a vital part of the industry. Independent and government bodies such as the Food and Drug Administration (FDA), often dictate what information must be verified on individual object labels to confirm standard identification as well as protect the health and safety of consumers. Commercial traders use barcode and pricing labels to provide both the consumer and clerk with pricing information and feasibility.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.2% |
Competition among existing players is due to the Label Equipment market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Label Equipment Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Label Equipment market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
P.E. LABELLERS S.p.A (Italy), Lable-Aire (United States), Sidel (Italy), Quadrel Labelling (United States), ID Technology LLC (United States), Arca Automation (United States), ALTECH Srl. (Italy), Pack Leader (Taiwan), Neostarpack Ltd. (Taiwan), SB Machines (India) and U.S. Tape & Label (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are JN White (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Label Equipment market by Type (Handheld label, Manual label, Semi-automatic label, In-line automatic labeling and Rotary labeling) and Region.
On the basis of geography, the market of Label Equipment 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). If we see Market by Industry Vertical, the sub-segment i.e. Food & Beverage will boost the Label Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Label Type, the sub-segment i.e. Pressure Sensitive will boost the Label Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Energy-Efficient and Advanced Packaging Machinery and Stringent Government Regulations for Food Labeling
Market Growth Drivers:
Growing Usage of Automation in the Packaging Industry and Rising Global Consumption of Consumer Goods
Challenges:
Regulatory hurdles.
Restraints:
High initial investment.
Opportunities:
Increasing Usage of Vacuum Packaging Machines and Growing Acceptance of Self-Adhesive Labels
Market Leaders and their expansionary development strategies
In July 2019 - Sidel expands footprint in India: Inauguration of a new office in Gurugram. The office space has been created to serve the many clients the company partners within the region across the beverage, food, home and personal care industries. This marks the latest step in Sidel’s strategy to establish dedicated offices in close proximity to its customers, offering global experience paired with local expertise.
In July 2021, Cosmo Films Ltd. launched BOPP based direct thermal printable top coated film for thermal printing applications with proprietary coatings.
The U.S. Food and Drug Administration is issuing a final rule to revise the type size requirements for calorie labeling on packaged foods sold in glass-front vending machines. The changes will reduce the regulatory burden on industry while ensuring that consumers continue to have visible front-of-package (FOP) calorie information as they purchase an item.
Key Target Audience
Manufacturers of Label Equipment, Suppliers of Label Equipment, Wholesalers, Distributors and Retailers of Label Equipment, Food & Beverage Industry, Packaging Industry and Governmental Bodies
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.