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Label Printing Machines Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030

Label Printing Machines Market Size, Share & Trends Analysis -...

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Label Printing Machines Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030
Label Printing Machines Market Size,...
Report Code
RO14/128/1942

Publish Date
23/Mar/2022

Pages
210
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The global label printing machines market size was US$ 6.29 billion in 2021. The global label printing machines market size is forecast to reach US$ 13.67 billion by 2030, growing at a compound annual growth rate (CAGR) of 9% during the forecast period from 2022 to 2030.

Labeling machines can apply, dispense, or print and apply labels to items, products, or containers. These machines range from fully-automated machines capable of printing and applying intricate graphics to simple hand-held devices. Machines that apply labels to products and packages are known as labeling machines. Because of their multiple uses, labels can adhere to a variety of surfaces, including fiber drums, aluminum, glass, steel, and plastic. It is possible to create various types of labels based on design and color to meet the needs of any product.

Factors Influencing Market Growth

  • The global market is forecast to grow due to the increasing demand for labeling solutions that are accurate, high-speed, and simple.
  • The rising E-commerce growth due to convenience, choice, and cost advantages is forecast to drive the global market.
  • There are a number of factors that drive the market, including customer demand for transparency, increased demand for automation, and regulations regarding labeling and serialization.

Impact Analysis of COVID-19

Due to a decline in demand from the labeling industry, the demand for label printing machines decreased in 2020. The COVID-19 pandemic has caused the labeling equipment industry to shut down a number of production due to the prolonged lockdown in many global countries. This has negatively affected the growth of the labeling machine market. 

Regional Insights

The Asia Pacific holds the largest market share for label printing machines. A number of industrial projects are underway in the Asia Pacific region. The demand for labels is increasing across all industries, resulting in a surge in label printing machines in the region. Additionally, manufacturers do not incur many expenses on distribution since the largest manufacturing hubs for label printing machines are Japan and China, resulting in low operational expenses for manufacturers in the region.

Leading Competitors

The leading prominent companies profiled in the global label printing machine market are:

  • Seiko Epson Corporation
  • Zebra Technologies Corporation
  • Brother Industries, Limited
  • SATO Holdings Corporation
  • Honeywell International, Incorporated
  • Brady Corporation
  • Toshiba Tec Corporation
  • Shandong New Beiyang Information Technology Co., Limited (SNBC)
  • Citizen Group
  • TSC Auto ID Technology Co., Limited
  • cab Produkttechnik GmbH & Co KG
  • GoDEX International Co., Limited
  • Other Prominent Players

Scope of the Report

The global label printing machine market segmentation focuses on Print Mechanism, Color Support, Industry, and Region.

Segmentation based on Print Mechanism

  • Thermal
  • Non-thermal
  • Inkjet
  • Laser
  • Impact

Segmentation based on Color Support

  • Multicolor
  • Monochrome

Segmentation based on Industry

  • Manufacturing
  • Pharmaceuticals
  • Food and Beverages
  • Cosmetics
  • FMCG
  • Packaging
  • Transportation and Logistics
  • Retail
  • Others

Segmentation based on Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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