Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 255 Million | USD 301 Million | 2.1% | 2022 |
The global Auto Labeler (Print & Apply System) market size was worth around USD 255 million in 2022 and is predicted to grow to around USD 301 million by 2030 with a compound annual growth rate (CAGR) of roughly 2.1% between 2023 and 2030.
The report analyzes the global Auto Labeler (Print & Apply System) market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the auto labeler (print & apply system) industry.
Labeling is the technique of simply recognizing the product and giving it a unique identity. It is a printed slip that is attached to the item and contains information on the product's price, ingredients used, quantity, and manufacture date. Since labels make it easier for products to be advertised, they are seen to be a successful sales strategy for product promotion. The grade label on a product tells you how good it is. The company utilizes these labels to categorize its items based on quality, explaining the item's attributes in detail. The packaging industry's growing need for labeling machines to apply printed labels to bottles, vials, ampoules, and other packaging materials used to package finished goods is another element boosting market revenue growth. Labeling equipment is used in a variety of packaging industries, including those in the chemical, cosmetic, food & beverage, agricultural, electrical, pharmaceutical, and other fields. Fully autonomous machines with advanced labeling capabilities make packing straightforward, organized, professional, and hygienic, which in turn is boosting market revenue development.
Increasing demand for labeler in the food & beverage industry propel the market growth
Growing auto labeler (print & apply system) market revenue is mostly driven by the increasing need for labeling in food and beverage products. The labeling of foods and beverages is one of the most significant and direct methods of communicating product information between buyers and sellers. It is one of the primary methods consumers use to differentiate between different foods and brands to make the best purchase choices. The product's durable life date, quality & quantity details, and a list of advantages, including details on nutrition, safety, and health, are all included on labels for food and beverage products. Food labeling is crucial for nutrition since it gives information on the amounts of lipids, both saturated and unsaturated, trans fats, proteins, calcium, iron, carbohydrates, calories, sugar, vitamins, and minerals contained in each serving of the food that is included in the nutrition facts table. The auto labeler market is expanding in terms of revenue because customers may control serious chronic diseases via diet and make dietary choices that may reduce their risk of acquiring chronic diseases. Thus, the increasing demand for automatic labelers in the food & beverages industry is expected to drive market growth during the forecast period.
The high cost of auto labelers acts as a major restraint for the market growth
Auto labelers may be expensive to buy and install, particularly ones with high-tech features like RFID (Radio Frequency Identification) capability or high-speed printing. For startups or enterprises on restricted funds, the initial investment may be an obstacle. In addition, auto labelers need frequent maintenance and repair after their initial purchase to guarantee optimal functioning. These continuing expenses have the potential to mount over time and have an impact on the system's overall cost-effectiveness. Thus, this is expected to restrain the auto labeler (print & apply system) industry expansion over the forecast period.
Rising innovative product launches provide an attractive opportunity for the market expansion
The increasing innovative product launch is expected to offer an attractive opportunity for auto labeler (print & apply system) market growth over the forecast period. For instance, in February 2023, the debut of its new 6-inch PEX-2000 Print Engine for automated labeling was announced by TSC Printronix Auto ID, a leading supplier of cutting-edge thermal label printing solutions. The PEX-2000 Print Engine can run continuously to maximize uptime and was built to simply connect to any label applicator. Time-to-market for automatic labelers is accelerated while printer integration time and effort are significantly reduced. The PEX-2000, which was designed for print and application, enables automatic labeling builders to set preferences for synchronization, accuracy, and speed. Its highly compatible hardware and software enable simple integration with any print and apply system. The PEX-2000 supports DB15 and DB25 connections in addition to major printer brands' GPIO emulations, enabling smooth integration with a system's PCs or PLCs. Major printer languages are supported by firmware that may be customized, allowing template commands and print files to stay the same. Thus, these kinds of product launches in the market offer a potential opportunity for market growth.
Labeling on irregular surface pose a major challenge to the market growth
Although auto labelers are meant to automatically apply labels, they may have trouble working with complicated or uneven surfaces. When applying labels accurately, some products or packaging may have surfaces that are curved, uneven, or unevenly shaped. A technological difficulty for the business is ensuring that auto labelers can handle such surfaces without affecting label insertion accuracy and adherence. Therefore, this is expected to hamper the market growth over the forecast period.
The global Auto Labeler (Print & Apply System) industry is segmented based on type, application, distribution channel, and region.
Based on the type, the global market is bifurcated into below 30 labels/min, 30-50 labels/min, and above 50 labels/min. The below 30 labels/min segment is expected to grow at the fastest rate over the forecast period. The segment growth is attributed to the growing adoption of these segments in small-batch production in several industries. For instance, certain packaging lines in the pharmaceutical and healthcare industries could have unique labeling specifications that don't demand high-speed labeling. Small quantities or specific labels, such as those needed for clinical studies or particular packaging, can be handled by auto labelers in this speed sector. Moreover, certain goods or package forms in the food and beverage sector may necessitate delayed labeling owing to specific label sizes, geometries, or material qualities. These unique labeling requirements can be met by auto labelers that operate at less than 30 labels per minute. Thereby, driving the segment growth over the forecast period.
Based on the application, the global Auto Labeler (Print & Apply System) industry is divided into food & beverages, electronics, pharmaceutical, and others. The food & beverages segment is expected to dominate the market over the forecast period. Food labels give important information to consumers, which aids them in making purchasing decisions. Food labels have evolved throughout time, from basic product identification to more sophisticated labeling. The labels make precise nutritional claims and offer nutrient content information. The Food and Agricultural Organization of the United Nations (FAO) supports food labeling as an important tool for protecting consumer health in terms of food safety and nutrition. Food labels offer information about the food's nature and content, as well as advice on how to handle, prepare, and eat it safely. Thus, this is expected to propel the segment growth during the forecast period.
Based on distribution channel, the global auto labeler (print & apply system) industry is bifurcated into online and offline. The online segment is expected to grow at the highest CAGR over the forecast period. The segment growth is attributed to the ease of purchasing products along with discounted rates.
Report Attributes | Report Details |
---|---|
Report Name | Auto Labeler (Print & Apply System) Market Report |
Market Size in 2022 | USD 255 Million |
Market Forecast in 2030 | USD 301 Million |
Growth Rate | CAGR of 2.1% |
Number of Pages | 213 |
Key Companies Covered | Weber Packaging Solutions, Markem-Imaje, Videojet, Domino, Pro Mach, Label-Aire, Matthews, Diagraph, Quadrel Labeling Systems, ALTech, Panther Industries, EPI Labelers, Cotao, XRH and Jiaojiaozhe among others. |
Segments Covered | By Type, By Application, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific is expected to hold the largest market share over the forecast period
The Asia Pacific is expected to hold the largest auto labeler (print & apply system) market share over the forecast period. The growth in the region is attributed to the expanding packaging and healthcare sectors in China, Japan, and India. Self-Adhesive Labels are becoming increasingly popular in the region. Rising customer demand for packaged items in the food business, as well as an expansion in the e-Commerce sector, are the primary reasons driving revenue development in this region. According to polls, 79% of individuals utilize Internet shopping to save money, and 82% examine online private labels before making a buy. In addition, according to IBEF, online retail penetration will increase to 10.7% by 2024, up from 4.7% in 2019. Similarly, by 2025, there will be 220 million internet buyers in India. According to a Payoneer analysis, India's e-commerce business is the ninth largest in the world in terms of cross-border growth. In India, e-commerce is predicted to rise from 4% of total food and grocery, fashion, and consumer electronics retail sales in 2020 to 8% by 2025. Thus, this is expected to drive regional growth.
The global Auto Labeler (Print & Apply System) market is dominated by players like:
By Type
By Application
By Distribution Channel
FrequentlyAsked Questions
Labeling is the technique of simply recognizing the product and giving it a unique identity. It is a printed slip that is attached to the item and contains information on the product's price, ingredients used, quantity, and manufacture date. Since labels make it easier for products to be advertised, they are seen to be a successful sales strategy for product promotion.
The packaging industry's growing need for labeling machines to apply printed labels to bottles, vials, ampoules, and other packaging materials used to package finished goods is another element boosting auto labeler (print & apply system) market revenue growth.
According to the report, the global auto labeler (print & apply system) market size was worth around USD 255 million in 2022 and is predicted to grow to around USD 301 million by 2030.
The global Auto Labeler (Print & Apply System) market is expected to grow at a CAGR of 2.1% during the forecast period.
The global Auto Labeler (Print & Apply System) market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the growing pharmaceutical industry and rising food & beverages industry.
The global Auto Labeler (Print & Apply System) market is dominated by players like Weber Packaging Solutions, Markem-Imaje, Videojet, Domino, Pro Mach, Label-Aire, Matthews, Diagraph, Quadrel Labeling Systems, ALTech, Panther Industries, EPI Labelers, Cotao, XRH and Jiaojiaozhe among others.
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