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Global Labeling Equipment Industry Overview
Technavio’s analysts have identified the increasing adoption of automated labeling machines to be the key factor driving the market growth. Several process industries are implementing automated manufacturing process to enhance their production and operational efficiency. Vendors have launched mechanized packaging and labeling processes that cater to the growing end-user demand and enhance the packaging process. Packaging robots are equipped with advanced sensors, vision technology, and laser detection ability, that allows them to precisely determine the position of the objects in the line of the process. In addition to improving the level of accuracy in product labeling, implementation of automation also minimizes the required human intervention in the product packaging process. Also, this technology reduces the overall time owing to higher production efficiency.
“Automated packaging machines can efficiently wrap multipacks of bottles, cans, jars, and canisters, directly from the fillers with the product standing upright. This process is fast, reliable, and requires minimal movement of parts.” says a senior research analyst at Technavio for the engineering tools industry.
Companies covered
The labeling equipment market is moderately fragmented owing to the presence of several international and regional players competing to acquire major market shares. This report provides a complete analysis of the competitive landscape of the players in the automatic label applicator market along with their diversified product offerings. This labeling equipment industry analysis report aids clients identify new growth opportunities and design new growth strategies by outlining the competitive strategies adopted.
The report offers a complete analysis of a few companies including:
- Barry-Wehmiller
- CTM Labeling Systems
- CVC Technologies
- ProMach
- Quadrel
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Labeling equipment market growth based on end-user
- Beverages
- Food
- Pharmaceuticals and personal care products
- Chemicals
According to our market research report, the beverage industry will be the primary end-user of the automatic label applicator market till the end of 2022. The growing beverage industry will drive the demand for labeling equipment to cater to the high demand of end-users for labeled beverage products.
Labeling equipment market growth based on products
- Pressure sensitive
- Rotary
- Sleeve
- Roll fed
- Combination
Pressure sensitive equipment is gaining prominence among end-users due to the ease of use along with cost-effectiveness offered. According to our market research analysts, the pressure sensitive equipment will account for major shares of the automatic label applicator market throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various product segments such as rotary, sleeve, roll fed, and combination, to the growth of the labeling equipment market size.
Key highlights of the global labeling equipment market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the labeling equipment market during the next five years.
- Precise estimation of the global labeling equipment market size and its contribution to the parent market.
- Accurate predictions on upcoming trends and changes in consumer behavior.
- Growth of the labeling equipment industry across various geographies such as the Americas, APAC, and EMEA.
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors.
- Comprehensive information about factors that will challenge the growth of labeling equipment companies.
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global labeling equipment market and its stakeholders over the forecast years.
Technavio’s market research analysts have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the labeling equipment market over the coming years are the protein labeling market and the warning labels and stickers market.
Technavio’s collection of market research reports offer insights into the growth of markets across various industries.