India Print Label Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Print Label Market Analysis

The India Print Label Market size is estimated at USD 2.17 billion in 2024, and is expected to reach USD 4.05 billion by 2029, growing at a CAGR of 13.29% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 6.28 billion square meters in 2024 to 11.26 billion square meters by 2029, at a CAGR of 12.39% during the forecast period (2024-2029).

• Brand owners increasingly prioritize advanced technologies, sustainable solutions, and quicker production times, urging India's print label industry to adapt swiftly. Personalization and customization are rising, especially in the food, cosmetics, and gifting sectors. Brands are delving into features like RFID to enhance digital consumer engagement and catalyze label printing innovations.
• The rise of premiumization, customization, and digitalization is transforming the print label market. As brands seek to differentiate their products and appeal to discerning consumers, high-quality, customized labels featuring unique designs and finishes are in high demand. The ability to produce variable artwork and occasion-specific labels enhances consumer engagement, particularly during festive seasons.
• Durable inventory control labels are intended to streamline inventory management processes. They are crucial in enhancing inventory count accuracy, identifying inventory assets, tracking inventory, and other related activities, ultimately leading to greater efficiency and streamlined processes. Technological progressions, including incorporating intelligent technologies like RFID and NFC into industrial labels, fuel the growth of the durable label sector. These cutting-edge labels facilitate real-time tracking, data collection, and improved efficiency in the supply chain.
• Security labels are a primary and flexible method to protect a specific product or brand. Cutting-edge anti-counterfeit labels are robust and combine visible, hidden, and forensic features.
• Industrial labeling compliance poses a significant challenge for enterprise organizations. With evolving standards, an adaptable labeling solution can be swiftly adjusted to adhere to the latest compliance regulations, thus preventing costly violations or barcode complications. Industries like aerospace, medical devices, pharmaceutical, and food and beverage face amplified challenges in managing labeling regulations due to the strict requirements imposed by governing bodies, including the Legal Metrology Act, 2009, and Legal Metrology (Packaged Commodities) Rules, 2011.

India Print Label Market Trends

Pressure-sensitive Labels Occupies the Largest Market Share

India Print Label Industry Segmentation

The study considers consumption volume and revenues accrued from the sales of print labels offered by various vendors operating in the market. The market study factors include the impact of geopolitical scenarios on the market based on the prevalent base scenarios, key themes, and end-user industry-related demand cycles. The estimates for the Indian print label market include all the costs associated with the print label, from the raw material procurement to the end user. It includes the cost of material used, other associated products such as liner, inks, and adhesives, and related services such as finishing, printing, packing, and transporting.

The Indian print label market is segmented by print technology (offset lithography, gravure, flexography, screen, letterpress, electrophotography, and inkjet), by label format (wet-glued labels, pressure sensitive labels (PSL), linerless labels, in-mold labels, shrink sleeve labels, and multi-part tracking labels), by end-use industries (food, beverage, healthcare and pharmaceutical, cosmetics, household, industrial, retail, and other end-use industries (fashion and apparel, logistics, and consumer electronics, among others)), by region (east, west, north, and south). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.