Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 255 Million | USD 301 Million | 2.1% | 2022 |
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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