A recent report published by Infinium Global Research on label printing machines market provides in-depth analysis of segments and sub-segments in the global as well as regional label printing machines market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional label printing machines market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global label printing machines market.
An electronic device that prints on self-adhesive label sheets and label material is called a label printer machine. Generally speaking, label printers are made to be connected to a computer running the software required for printing the label. However, this is not the same as a stand-alone label maker that prints labels and has a keyboard and software built-in. Moreover, label printing machines are used to print and adhere various labels to attractively packaged containers made from a variety of materials, such as aluminium, glass, plastic, and others. Additionally, label printing machines are used for producing and labelling exhibits, as well as for effectively labelling transit packs and points of the scale. Furthermore, Labels are used to efficiently and artistically promote goods and trademarks or to give consumers important information. Moreover, label printing machines are majorly utilized to apply retail price marking, and package labels in industries such as e-commerce.
Increasing demand for digital label printing technology is a significant growth for the market. Due to their ability to print high-quality labels with short lead times and low setup costs, and rising demand for sustainable and eco-friendly labels. Digital printing is also well-suited for printing on-demand and for printing variable data. Additionally, the rise in demand for personalised and customized labels is propelling the growth of the market. Consumers are increasingly demanding that label printing machines for personalized and customized to their individual needs and preferences. This is driving the demand for labels that can be printed on-demand and that can be customized with variable data, such as product names, addresses, and expiration dates. However, the high cost of label printers and the high cost of maintenance may hinder the growth of the label printing machines market. Moreover, the growing e-commerce industry such as Amazon, Flipkart, eBay, IKEA, and others, creates a lucrative opportunity for the market.
Asia Pacific is projected to hold the most prominent market share in the upcoming forecast period. The presence of a large population base in growing nations such as China and India, which has a large consumer base for food items, is credited with the expansion of the Asia Pacific market. Additionally, it is anticipated that the necessity for label printing machines to print labels and provide product information would rise due to the end-user industries' rapid expansion, such as the chemical and pharmaceutical industries. In Asia Pacific e-commerce and retail sectors are growing rapidly, and increasing demand for label printing machines that can be used to identify and track products throughout the supply chain. However, the fastest-growing North American region during the forecast period. Due to the increasing application of flexible packaging solutions by the various industries. North America is growing manufacturing industries, mushrooming consumer crater of packaged goods.
Report Coverage | Details |
---|---|
Market Size in 2022 | USD 35.2 Billion |
Market Size by 2030 | USD 51.75 Billion |
Growth Rate from 2023 to 2030 | CAGR of 4.7% |
Largest Market | Asia Pacific |
No. of Pages | 300 |
Market Drivers |
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Market Segmentation | By Color Support, By Printer Type, By Technology, and By End-use |
Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global label printing machines market provides a detailed analysis of segments in the market based on Color Support, Printer Type, Technology, and End-use.
· Multicolor
· Monochrome
· Industrial
· Desktop
· Portable
· Others
· Thermal
· Direct Thermal
· Inkjet
· Laser
· Pharmaceuticals
· Food and Beverages
· E-commerce
· Transportation & Logistics
· Others
· Zebra Technologies Corp.
· SATO Argox India Pvt. Ltd.
· Honeywell International Inc
· TSC
· BROTHER INTERNATIONAL (INDIA) PRIVATE LTD.
· Toshiba Tec Corporation
· Epson India Pvt Ltd.
· Brady Company India Pvt. Ltd.
· Shandong New Beiyang Information Technology Co., Ltd.
· cab Produkttechnik GmbH & Co KG
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the label printing machines market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.