Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2539.37 Million | USD 3460.9 Million | 3.5% | 2023 |
According to Zion Market Research, the global Automated Labeling Machine Market was worth USD 2539.37 Million in 2023. The market is forecast to reach USD 3460.9 Million by 2032, growing at a compound annual growth rate (CAGR) of 3.5% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Automated Labeling Machine Market industry over the next decade.
The report on automated labeling machines market covers forecasts and analyses for the market on a global and regional level. The research report presents a comprehensive assessment of the market, emerging trends, competition, opportunities, and industry-validated market data. The report offers notable data for 2016, 2017, & 2018 along with estimation from 2019 to 2026 based on revenue (USD Million).
The growth of the global automated labeling machine market is driven by several factors, such as rising demand for automation in the pharmaceutical and food industry, increasing industrialization and urbanization, and the surging need for packaging solutions for various end-uses. The automated labeling machine ensures precision in the labeling process. These machines are available in different configurations depending upon the shape and material type of the product, which is required to be labeled.
Automated labeling machine finds numerous applications across labeling products for food and beverages, pharmaceutical packaging, cosmetics packaging, and others. The growing population, coupled with changing consumer perception towards packaged goods is expected to bolster the growth of the global automated machine market. On the other hand, high initial investments and maintenance costs associated with the automated labeling machines market could restrict the growth of the market over the forecast period.
Report Attributes | Report Details |
---|---|
Report Name | Automated Labeling Machine Market |
Market Size in 2023 | USD 2539.37 Million |
Market Forecast in 2032 | USD 3460.9 Million |
Growth Rate | CAGR of 3.5% |
Number of Pages | 110 |
Key Companies Covered | Novexx Solutions, Krones, Promach, Sidel, KHS, Herma, Marchesini Group, Sacmi Etiquette, Pack Leader, and others |
Segments Covered | By Product Type, By Industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on the product type, the global automated labeling machine market has been classified into pressure-sensitive/self-adhesive labelers, stretch sleeve/shrink-sleeve labelers, and glue-based labelers. Pressure-sensitive/self-adhesive labelers accounted for the largest share in 2023. Pressure-sensitive labelers provide flexibility to create labels by quality. As it is a more extensive choice of adhesives, which is an easy and straightforward solution and more preferable by manufacturers for labeling, the demand for this segment is increasing exponentially.
Stretch-sleeve/shrink-sleeve labelers are expected to grow at the fastest rate over the forecast timeline. These labelers are relatively new types and are durable, abrasion-resistant, and waterproof. Owing to the environmental-friendly nature and rising demand from manufacturers for the adoption of these labelers, the segment is estimated to gain substantial growth over the forecast period.
Based on industry, the global automated labeling machine market has been segmented into food & beverages, pharmaceuticals, consumer products, cosmetics & personal care, and others. The food & beverages segment is accredited for the largest share in terms of revenue. Improving economic conditions across the globe coupled with changing dietary habits of consumers is primarily expected to drive segment growth. The increasing consumption of packaged foods along with rising disposable income is estimated to fuel the market growth over the forecast years.
Based on the region, the global automated machine labeling machine market has been bifurcated into Latin America, Europe, North America, Asia-Pacific, and Middle East & Africa. Asia-Pacific is accredited for the largest market share in terms of revenue, owing to rising disposable income and urbanization. Furthermore, rapid industrialization and automation in food and beverages, pharmaceutical, and other industries coupled with increasing demand for high-speed and high-quality packaging solutions are expected to gain traction over the forecast timeframe.
The automated labeling machine market is highly dominated by key players including
The major plans implemented by these leading companies in the market are new product launches, recent developments, partnerships, mergers & acquisitions. These companies are focusing on investment in collaborations, innovations, and expansions to increase their market share.
By Product Type
By Industry
Automated Labeling Machine Market: Regional Segment Analysis
FrequentlyAsked Questions
Industrial automated labeling machines efficiently and correctly mark items, packages, and containers. Labeling is automated using this equipment, speeding up production and ensuring label insertion.
These machines can print adhesive labels, stickers, barcodes, QR codes, and more. They dispense, position, and apply labels to specific surfaces, typically combining with other manufacturing line equipment.
For product identification, traceability, branding, and compliance with regulations, food and beverage, medicines, cosmetics, logistics, and manufacturing use automated labeling machines. These machines automate industrial operations, reducing human error and increasing throughput.
The growth of the global automated labeling machine market is driven by several factors, such as rising demand for automation in the pharmaceutical and food industry, increasing industrialization and urbanization, and the surging need for packaging solutions for various end-uses.
The Global Automated Labeling Machine Market Size Was Worth $2539.37 Million in 2023 and Is Expected To Reach $3460.9 Million by the end of 2032, CAGR of 3.5%.
Asia-Pacific is accredited for the largest market share in terms of revenue, owing to rising disposable income and urbanization.
The automated labeling machine market is highly dominated by key players including Novexx Solutions, Krones, Promach, Sidel, KHS, Herma, Marchesini Group, Sacmi Etiquette, Pack Leader, and others.
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