Labeller Market Size, Share, Growth, and Industry Growth, By Type (Straight Line Labeling Machines and Rotary Labeling Machine), By Application (Farmland and Farms, Agricultural Cooperatives, and Others), Regional Forecast By 2031

Updated On: 22 April 2024

Labeller Market REPORT OVERVIEW

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The global labeller market size was USD 576.1 million in 2022, as per our research, the market is projected to touch USD 805.73 million in 2031, exhibiting a CAGR of 3.8% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with labeller experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

A labeller is used to apply or print labels to all shapes, including oval, cylinders, flat, square, and others. Manufacturers make labels to refer to the numeric or written statement about inventory pricing, product information, and others. Labeling a product can quickly recognize it and give it a unique identity. It is a printed slip that is attached to the item and contains all pertinent product information, including price, ingredients used, quantity, and the date of manufacture. Labeling is regarded as an effective sales strategy for product marketing since it makes product advertising easier. The grade label on a product indicates its quality. The company uses these labels to categorize its products based on quality and describe the product's features. The use of green labels is becoming more popular. Green labeling guards against tampering, thereby enhancing product security. The market for automated labellers is expected to rise due to changes in customer perception of labeled items and technological advancement. 

COVID-19 Impact: Disrupted Supply Chain Hampered Market Expansion

Global sales, operations, and field service activities have been disrupted by the COVID-19 pandemic's ongoing evolution, which has heightened market uncertainty and volatility. However, it is anticipated that this pandemic will have a minimal influence on the market for automatic labeling equipment. COVID-19 has significantly impacted manufacturers in India, China, the United States, and the United Kingdom through restricted supply chain movements. Governmental organizations from all over the world are actively promoting worker safety.

LATEST TRENDS

"Rising Demand for Labeling Machines from Packaging Manufacturers to Augment Growth"

The major driver of labeller market growth is the rising need for labeling machines in the packaging sectors to apply printed labels on ampoules, vials, bottles, and other packaging materials used to package finished goods. The packaging industries of cosmetics, chemicals, pharmaceuticals, food and beverage, electrical, agricultural, and others all use labeling machines. Fully autonomous machines with state-of-the-art labeling capabilities make packing jobs neat, professional, quick, and hygienic, which in turn is propelling market revenue development. Most machines have an inbuilt self-adhesive labeling system for cylindrical, oval, flat, and square containers. These devices have a barcode and overprint error auto-reject capability. 73% of the food and beverage industries, according to a study, automate production.

Labeller Market Segmentation

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• By Type Analysis

By type, the market is segmented into straight-line labeling machines and rotary labeling machines.

• By Application Analysis

Based on application, the market is classified into farmland and farms, agricultural cooperatives, and others.

DRIVING FACTORS

"Adoption of High-Quality Labeling Machines to Aid Product Demand"

Pressure-sensitive adhesives were first used for hygienic and convenient labeling. Since then, these adhesives have been proven as strong labellers. They are utilized to decrease the package lining space and boost the drying speed of the end product. Labellers such as biodegradable, biopolymer adhesives, and others are widely used based on their application. High-quality adhesives eventually increase the sustainability of packaging solutions since they decrease the need for solvents, speed up manufacturing, use less energy, and ensure consistency during the machining process. Therefore, it is anticipated that premium labeling adhesives will spur market expansion.

"Rapid Adoption of Advanced Automatic Machines to Foster Market Growth"

Due to reasons such as the increased demand for automation in the food industry, better economic conditions, urbanization, and rising demand for packaging solutions for a variety of products, the automatic labeling machine market is expanding. Additionally, the global food and beverage sectors are changing, which heavily requires the employment of automated labeling equipment. Additional factors that are anticipated to drive the global market for automated labeling machines in the food and beverage sectors are the rise in health concerns, surge in demand for nutrient-dense foods, changes in eating patterns, and the adoption of automated technology in labeling.

RESTRAINING FACTORS

"Higher Initial and Maintenance Costs to May Impede Marker Growth"

The initial price and maintenance of labellers are higher than the conventional labeling machines. Moreover, many labellers had a sudden breakdown during operations, which is estimated to hinder the labeller market growth.

Labeller Market REGIONAL INSIGHTS

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"Asia Pacific to Be Dominant Owing to the Steady Development of Labeling Machines"

Asia Pacific is estimated to hold a major part of the labeller market share due to the development of labeling machines in the region. Growing demand for automated labeling solutions and accelerating consumer awareness regarding the packaging industry are also forecasted to prosper regional growth.

Europe is predicted to show significant growth backed by the expanding demand for fresh food. Additionally, the strong presence of key market players is likely to propel labeller market growth in the region.

KEY INDUSTRY PLAYERS

"Key Players Focusing On Gaining Collaborations and Partnerships to Expand "

Important market developments and inorganic and organic growth strategies are included in the studies. Many businesses are focusing on organic business growth, including product launches, product approvals, and other initiatives like patents and events. The market's inorganic growth tactics included acquisitions, partnerships, and collaborations. Market participants now have more opportunities to grow their clientele and businesses thanks to the efforts above. Industry participants in the market should soon benefit from significant growth prospects due to the expanding demand for filter products on the global market.

List of Market Players Profiled

• Brothers Pharmamach (India)
• Denmark Machine Tools (India)
• Ambica (India)
• Hangzhou Youngsun (China)
• Markem-Imaje (Switzerland)
• Videojet (U.S.)
• Domino Printing (U.K.)
• Weber Packaging Solutions (Germany)
• ProMach (U.S.)
• Label-Aire (U.S.)
• Matthews (U.S.)
• Diagraph (U.S.)
• Quadrel Labeling Systems (U.S.)
• Altech (India)
• Panther Industries (India)
• EPI Labelers (U.S.)
• Cotao (China)
• Accutek Packaging Equipment (U.S.)

REPORT COVERAGE

The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for various factors to show potential investment areas. From 2022 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.