The global Labeler Market is expected to reach USD 7.29 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rise in the adoption of automatic labeling machines and emergence of packaging robots with advanced sensors, vision technology, and laser detection ability.
Automatic labeling machine do not need an operator. This machine is generally made of a labeling applicator, a conveyor - to transport the products, and a control system. Many organizations skip hand operated and semi-automatic machines for rapid expansion for equipment which provide high volume output. Automatic machines offer better packaging consistency and reduce production time. Labeling using automatic equipment also offer lower labor cost per unit than semi-automatic.
High deployment costs may hinder the growth of the market.
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Leading Companies operating in the Global Labeler Market:
Videojet, Markem-Imaje, Weber Packaging Solutions, Domino, Label-Aire, Pro Mach, Diagraph, Matthews, ALTech, Quadrel Labeling Systems, EPI Labelers, Panther Industries, Cotao, and XRH, among others.
Market Overview:
With potential in residential, non-residential, and infrastructure development, the global construction industry's future appears bright. The worldwide construction sector is predicted to reach USD 10.5 trillion by 2023, with a CAGR of 4.2 percent between 2018 and 2023. Increasing demand for housing and increasing infrastructure as a result of expanding urbanization and population growth are the primary drivers of this market's growth.
Increasing demand for green construction to reduce carbon footprint, extend the life of structures, building information systems for efficient building management, and the use of fiber-reinforced polymer composites for the rehabilitation of ageing structures are all emerging trends that have a direct impact on the dynamics of the construction industry.
The report is an extensive study of the key elements of the industry such as market segmentations, economic scenario, competition landscape, industrial chain analysis, upstream raw materials and downstream buyers, growth driving and restraining factors, strategy analysis, and profiling of key manufacturers, vendors, and traders.
Further key findings from the report suggest
• The market is segmented on the basis of equipment type into automatic, semi-automatic, manual and others.
• The automatic labelers are forecasted to dominate the market in 2018 and also to witness the highest growth if 4.2% during the forecast period.
• The automatic labelers are easy to use, reduces labor costs, increases production efficiency and is time saving for the end user industries.
• The market is segmented on the basis of type into print and apply and apply only labelers. The apply-only labelers segment dominated the market in 2018, with a CAGR of 1.8% during the forecast period, since labeler applicators are simply used by industries at the end of the production.
• The market is segmented on the basis of application into vials, glass/plastic bottles, glass/plastic jars, metal containers, cans and others. Glass/plastic bottles dominated the market in 2018, and is forecasted to grow at a rate of 3.4% during the forecast period, due to demand in food and beverage and retail industries.
• The market is segmented on the basis of industry vertical into food & beverage, healthcare & pharmaceutical, retail, logistics & transportation, IT & electronics and others.
• Use of labels by retailers to protect their goods against shoplifting and theft is driving the market for labelers in the retail segment. The segment dominated the market in 2018 and is forecasted to have a CAGR of 2.6% during the forecast period, closely followed by food and beverages.
• The market is segmented on the basis of geography into North America, Europe, Asia Pacific, Latin America, and Asia Pacific, led by, China, India and Japan, is forecasted to dominate the market in 2026, with a CAGR of 2.5%, due to the high disposable income, change in spending behavior, industrialization and urbanization in the region.
For the purpose of this report, Reports and Data have segmented global Labeler Market on the basis of equipment type, type, industry vertical, application, and region:
Equipment type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
• Automatic
• Semi-automatic
• Manual
• Others
Type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
• Print and apply
o Direct print & apply labeler
o Loose loop print & apply labeler
• Apply only
Application Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
• Vials
• Plastic/glass bottles
• Plastic/glass jars
• Metal containers
• Cans
• Others
Industry vertical Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
• Food and beverages
• Healthcare and pharmaceuticals
• Retail
• Logistics and transportation
• IT and electronics
• Others
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Market Segmentation by key geographical regions:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Germany, France, Italy, Spain, Rest of EU)
Asia-Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
Middle East & Africa (U.A.E., Saudi Arabia, South Africa, Rest of MEA)
Key questions answered in the report:
• What will be the market demand, size, share, and consumption between 2021 to 2026?
• What will be the dominant trends and statistics in the market during the forecast period?
• What will the growth rate of Labeler Market?
• What was the status of this market during the past years?
• What are the key factors that will drive the Labeler Market?
• What are the risks, opportunities, and the overview of Labeler Market?
To know more about the “Labeler Market” report, visit @ https://www.reportsanddata.com/report-detail/labeler-market
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