How big is the Industrial Labels Market?

The Industrial Labels Market size is expected to reach USD 24.93 billion in 2024 and grow at a CAGR of 5.19% to reach USD 32.10 billion by 2029. Read More

What is the current Industrial Labels Market size?

In 2024, the Industrial Labels Market size is expected to reach USD 24.93 billion. Read More

Who are the key players in Industrial Labels Market?

Avery Dennison Corporation, 3M Company, Brady Corporation, CCL Industries Inc. and UPM RAFLATAC are the major companies operating in the Industrial Labels Market. Read More

Which is the fastest growing region in Industrial Labels Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Labels Market?

In 2024, the Asia Pacific accounts for the largest market share in Industrial Labels Market. Read More

What years does this Industrial Labels Market cover, and what was the market size in 2023?

In 2023, the Industrial Labels Market size was estimated at USD 23.64 billion. The report covers the Industrial Labels Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Labels Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Labels Market Trends

Statistics for the 2023 & 2024 Industrial Labels market trends, created by Mordor Intelligence™ Industry Reports. Industrial Labels trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Industrial Labels Industry

Other Industries Holds Major Share

Largest Segment: :Other Industries : The Other Industries segment holds the largest market share in the Industrial Labels Market, with a 40.36% share in 2022. This segment's significance is attributed to its diverse industrial applications across sectors beyond the main end-use categories.
Market Size: The segment was valued at USD 9.02 billion in 2022 and is expected to reach USD 12.86 billion by 2028, with a CAGR of 5.95%.
Driving Demand: The growing need for product identification, supply chain efficiency, and regulatory compliance drives demand across various industries.
Technological Advancements: Smart labeling technologies like RFID are crucial to this segment's growth, especially in challenging industrial environments.
Anti-Counterfeiting Measures: The rise in counterfeiting has led manufacturers to adopt advanced label codes for product authenticity and brand protection.

Industrial Labels Market: GDP Contribution from Manufacturing Sector, by Segment, in Percentage, Indonesia, 2023

Understand The Key Trends Shaping This Market

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Fastest-Growing Regional Segment: Asia-Pacific

APAC holds the largest market share in the Industrial Labels Market, accounting for 36.67% in 2022. The region’s growth is fueled by industrialization and demand from sectors like healthcare and packaged food.

Market Value: The APAC market was valued at USD 8.20 billion in 2022 and is projected to reach USD 11.55 billion by 2028, with a CAGR of 5.75%.
Economic Growth: Rapid economic development in APAC’s emerging markets drives demand for industrial labeling in the region.
Technological Innovation: Avery Dennison's AD Stretch program, launched in APAC, focuses on partnerships with startups to tackle sustainability challenges.
Pharmaceutical Impact: Growth in the pharmaceutical industry, spurred by lifestyle diseases, is contributing to demand for advanced labeling solutions.