Print And Apply Labeling And Labeling Equipment Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5 Billion |
| Market Size (2029) | USD 6.14 Billion |
| CAGR (2024 - 2029) | 4.21 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Print And Apply Labeling And Labeling Equipment Market Analysis
The Print and Apply Labeling and Labeling Equipment Market size is estimated at USD 5 billion in 2024, and is expected to reach USD 6.14 billion by 2029, growing at a CAGR of 4.21% during the forecast period (2024-2029).
- The market is primarily driven by the growing demand for high-speed and accurate labeling solutions and automation in the packaging sector of the food and beverage industry. The global market for print and apply labels and labeling equipment is expanding due to the usage of rising automation techniques and technical developments. The industry is highly competitive, and quality printing of labels becomes necessary to ensure the supply chain runs smoothly. During the forecast period, labels’ tracking and anti-counterfeiting functions are expected to make it simple for product manufacturers to keep track of shipments. Labels also protect against tampering by guaranteeing that the products are delivered to the clients without disruption. An increase in demand for this equipment is expected to increase the demand for security labeling to prevent fraud and theft.
- Over the past few years, especially during the period after the COVID-19 pandemic, people have become extremely health conscious. The change in lifestyle and dietary plans has resulted in the demand for labels across the food and beverage industry. The help of informative labeling gives the proper understanding of the product’s ingredients and proportions. Also, some labels come with colorful demarcations that differentiate the products from others. According to research published by the Federal Ministry of Food and Agriculture - BMEL, between 2017 and June 2022, the number of companies using organic labels increased from 5,044 to 6,649. This increasing trend in the usage of labels signifies the rising demand for labeling machines in the market.
- The requirement for printing and labeling applications has also increased significantly owing to their immediate impact on the product’s image in end-users minds. The market is projected to continue to expand due to rising demand for precise, quick, and uncomplicated labeling machines. The market for labeling machines is also anticipated to be driven by robust e-commerce growth during the forecast period. In the e-commerce industry, labeling machines are used to apply labels and barcodes on various cartons and packages. The uptick in e-commerce would directly signify a spike in demand for sophisticated labeling machines.
- Labeling machines play an essential role in the packaging industry. Numerous machines are available to buy that can help improve productivity and efficiency in any business. Development in the packaging printing industry, demand for aesthetics, product differentiation, and technological advancements are some digitally printed packaging market drivers. A significant initial investment is required to install labeling equipment. Setting up a factory or purchasing a printing press requires higher investments. There is a growing demand for economical, sustainable, and innovative printing technologies. Changes in trends and printing technology will force manufacturers to go through the process all over again. This poses a challenge to the market's growth.
- The emergence of the COVID-19 pandemic boosted market growth, particularly for food and beverage packaging and pharmaceutical packaging machinery. This is due to increased demand for various foods and medicines through online and offline channels.
Print And Apply Labeling And Labeling Equipment Market Trends
Food and Beverage Industry to Hold Major Market Share
- The increased consumer and brand interest in food and beverage labels and strict food and beverage labeling regulations boost the market growth for print-and-apply labeling and labeling equipment. The increased interest in product labels poses issues for government officials, who must guarantee that the information on food and beverage packages is helpful, credible, and presented clearly so that the consumer is not misled.
- With the expansion of the global food trade, there is a greater need to standardize food labeling so that product information is easily understood and helpful to consumers in diverse countries. With the surge in consumption of packaged food and ready-to-drink beverages, the need for accurate product and brand information has been propelled, which fuels the demand for print-and-apply labeling and labeling equipment.
- Considering global regulatory demands, labeling is a highly intricate process that is even more vital to products than ever before. Regulatory authorities such as the US Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Standards Agency (EFSA) have imposed strict regulations on food safety and packaging.
- The FDA's food safety authority has strengthened the Food Safety Modernization Act (FSMA) mandates in order to safeguard the public's health and consumers. These regulatory bodies continually aim to improve food safety processes in manufacturing and distribution and enhance product traceability in the supply chain. This drives the global sales of print-and-apply labeling and labeling equipment.
- Furthermore, the demand for automation in the food and beverage industry is driving the market studied. As consumers today are more conscious of product details, labels play a crucial role in providing information about the product and boosting sales. Manufacturers are now shifting to automated labeling systems to meet the growing demand in the food and beverage industry.
Asia-Pacific is Expected to Register Fastest Growth
- The growing urban population primarily drives Asia-Pacific due to increased demand for packaged food, simple access to polymer films, and a relatively inexpensive labor pool. Shrink and stretch sleeves, economical options for adorning containers with complicated designs, are projected to see significant expansion in Southeast Asia, a price-sensitive market. The consumption of FMCG products is anticipated to rise along with the demand for food and beverage products, personal care items, high-speed and high-quality labeling solutions, and packaging in the food business.
- According to the Food Labeling Standards of China (GB7718-2011), imported foods shall have clear markings that indicate the country of origin and the name and address of the general distributor registered in the country. One of the primary drivers boosting the demand for labeling machines in China is the rising desire for productivity gains across industries, including food and beverage, pharmaceutical, chemical, and technical developments. Chinese regulations demand that before goods can be imported or exported, labels for imported and exported (but not domestic) food items, including sweets, wine, nuts, canned food, and cheese, must be validated, and the products must be checked for quality.
- Growing expansion, spending, and product innovation in the packaging area across multiple industries in the country have boosted the demand for labeling machines. For instance, in December 2023, QLM, a Vietnam-based label manufacturer, opened a new 6000 sq. m manufacturing facility in Ho Chi Minh City with an investment of USD 22 million to meet the increasingly diverse demands of the Vietnamese and broader Asia-Pacific markets. The new facility consists of several dedicated areas focused on different printing technologies, including flexographic label printing, offset printing for soft folded cartons, digital printing technology for labels and sheets, and newly installed digital flexible packaging printing and finishing equipment.
- Moreover, Asia-Pacific is a major manufacturing hub for various industries, including food and beverage, pharmaceuticals, and consumer goods. As these industries increasingly expand, the demand for labeling solutions is growing proportionally. Globalization and increasing exports necessitate compliance with international standards, requiring manufacturers to invest in advanced labeling equipment and support market growth.
Print And Apply Labeling And Labeling Equipment Industry Overview
The print and apply labeling and labeling equipment market is fragmented with the presence of major players like SIDEL (Tetra Laval Group), Sacmi Imola SC, Krones AG, and Kunshan Bojin Trading Co. Ltd. Players in the market are adopting strategies such as partnerships, mergers, acquisitions, and product launches to strengthen their market position and cater to a wider consumer base.
January 2024: Domino Printing Sciences PLC launched its new Mx-Series print and apply labeling machines with fully integrated, automated, GS1-compliant coding of products and pallets to cater to the growing demand for traceability within global supply chains. Designed and manufactured to European Standards, Domino’s Mx-Series printers offer market-leading build quality and reliability, alongside variable data capabilities and Industry 4.0 connectivity, for data collection and sharing across supply chains.
December 2023: Xaar PLC collaborated with Chinese packaging and label printing machine provider Guangzhou Haotian Machinery Manufacturing Co. Ltd (Haotian) at Labelexpo Asia 2023, with the launch of the HTP-220/330 digital label embellishment machine to address the growing demand for embellishments in label manufacturing.
Print And Apply Labeling And Labeling Equipment Market Leaders
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SIDEL (Tetra Laval Group)
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Sacmi Imola S.C.
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KHS GmbH
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Kunshan Bojin Trading Co., Ltd
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Worldpack Automation Systems
*Disclaimer: Major Players sorted in no particular order
Print And Apply Labeling And Labeling Equipment Market News
- November 2023: ITC, a prominent player in the global packaging industry, added the new 'Nilpeter,' an advanced label-printing machine that enables meaningful value additions and opens doors to creative label solutions. This machine strengthens ITC’s Packaging Business to focus on meaningful value additions, opening doors to creative and bespoke label solutions.
- August 2023: Axon, a provider of innovative shrink sleeve and tamper band applicator solutions, returned to Pack Expo Las Vegas, where Axon showcased the Aurora 5.0, a game-changing applicator for sleeves and tamper-evident bands. The new Aurora 5.0 can perform four different shrink applications, plus it is ergonomically designed for operator safety with enhanced standard guarding and lightweight tooling. Aurora 5.0 applicators provide reliable, steady-state production at speeds up to 500 containers per minute.
Print & Apply Labeling & Labeling Equipment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of Impact of COVID-19 on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Evolution of Digital Printing technology and Automatic Labeling Machine
5.1.2 Increasing Demand for Automation in Food and Beverage Packaging
5.2 Market Challenges
5.2.1 High Cost Associated with Labeling Machines and Coping with Trends
5.2.2 Lack of Products with Ability to Withstand Harsh Climatic Conditions
6. MARKET SEGMENTATION
6.1 By Technology
6.1.1 Automatic
6.1.2 Semi-automatic
6.1.3 Manual
6.2 By Type
6.2.1 Pressure Sensitive/Self-Adhesive Label
6.2.2 Shrink Sleeve Label
6.2.3 Glue Based Label
6.2.4 In-mold Label and Other Types
6.3 By End-user Vertical
6.3.1 Pharmaceutical
6.3.2 Food and Beverages
6.3.3 Personal Care and Household Care
6.3.4 Other End-user Verticals
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Latin America
6.4.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 SIDEL (Tetra Laval Group)
7.1.2 Sacmi Imola S.C.
7.1.3 KHS GmbH
7.1.4 Kunshan Bojin Trading Co. Ltd
7.1.5 Worldpack Automation Systems
7.1.6 Etiquette Labels Ltd
7.1.7 Novexx Solutions GmbH
7.1.8 Axon LLC
7.1.9 PDC International Corporation
7.1.10 Heuft Systemtechnik GmbH
7.1.11 HERMA GmbH
7.1.12 Weber Marking Systems GmbH
7.1.13 Quadrel Labeling Systems
7.1.14 CECLE Machine
7.1.15 Wuxi Sici Auto Co. Ltd
7.1.16 Marchesini Group SpA
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Print And Apply Labeling And Labeling Equipment Industry Segmentation
The study takes into account the profits made from the sales of labeling equipment as well as from the sales of label printing and application equipment by various market vendors. Print and apply labeling and labeling equipment revenue (USD) is considered for the market size and forecasts. The market study factors the impact of COVID-19 on the print and apply labeling and labeling equipment markets based on the prevalent base scenarios, key themes, and end-user vertical-related demand cycles.
The print and apply labeling and labeling equipment market is segmented by technology (automatic, semi-automatic, manual), type (pressure sensitive/self-adhesive label, shrink sleeve label, glue-based label, and in-mold label), end-user vertical (pharmaceutical, food and beverage, personal care and household care, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the segments.
| By Technology | |
| Automatic | |
| Semi-automatic | |
| Manual |
| By Type | |
| Pressure Sensitive/Self-Adhesive Label | |
| Shrink Sleeve Label | |
| Glue Based Label | |
| In-mold Label and Other Types |
| By End-user Vertical | |
| Pharmaceutical | |
| Food and Beverages | |
| Personal Care and Household Care | |
| Other End-user Verticals |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East and Africa |
Print & Apply Labeling & Labeling Equipment Market Research FAQs
How big is the Print And Apply Labeling And Labeling Equipment Market?
The Print And Apply Labeling And Labeling Equipment Market size is expected to reach USD 5 billion in 2024 and grow at a CAGR of 4.21% to reach USD 6.14 billion by 2029.
What is the current Print And Apply Labeling And Labeling Equipment Market size?
In 2024, the Print And Apply Labeling And Labeling Equipment Market size is expected to reach USD 5 billion.
Who are the key players in Print And Apply Labeling And Labeling Equipment Market?
SIDEL (Tetra Laval Group), Sacmi Imola S.C., KHS GmbH, Kunshan Bojin Trading Co., Ltd and Worldpack Automation Systems are the major companies operating in the Print And Apply Labeling And Labeling Equipment Market.
Which is the fastest growing region in Print And Apply Labeling And Labeling Equipment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Print And Apply Labeling And Labeling Equipment Market?
In 2024, the Asia Pacific accounts for the largest market share in Print And Apply Labeling And Labeling Equipment Market.
What years does this Print And Apply Labeling And Labeling Equipment Market cover, and what was the market size in 2023?
In 2023, the Print And Apply Labeling And Labeling Equipment Market size was estimated at USD 4.79 billion. The report covers the Print And Apply Labeling And Labeling Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Print And Apply Labeling And Labeling Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Print and Apply Labeling and Labeling Equipment Industry Report
Statistics for the 2024 Print and Apply Labeling and Labeling Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Print and Apply Labeling and Labeling Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Print and Apply Labeling and Labeling Equipment Market Report Snapshots
