Labeling Machines Market

Labeling Machines Market Size, Growth, Forecast (2023-2028)

The global Labeling Machines Market size was worth USD 5.7 billion in 2022 and is predicted to reach a valuation of USD 8.2 billion by 2028, recording a CAGR of 7.0% over the evaluation period. Shorten overall production time by improving efficiency through technological advancements mainly promotes this business.

Market Overview:

Labeling machines play a pivotal role in dispensing, applying, or printing and applying labels to packages, containers and other products. The automatic labeler is the most widely used labeler, which can do the job without an operator. There are different types of labeling machines, such as semi-automatic, fully automatic, along with fully automatic horizontal ampoule, fully automatic ampoule label labeling machine, fully automatic self-adhesive ampoule, vial labeling machine, carton code printing machine, and so on. This labeling machine is specially designed to label various packages and products. Various types of labels can be attached to various surfaces, including aluminum, fiber drums, plastics, steel, and glass, due to different applications. Labels apply to all types of products to provide, mark, or offer product-related information to consumers.

Recent Developments in Labeling Machines Industry:

• October 2018: Krones AG aims to improve the functionality of its 'Krones of House' product portfolio Sprinkman LLC has completed its acquisition.
• In March 2019, Herma announced the launch of a new machine for product labeling. The company has launched a robot-assisted pallet labeling solution. This device is manufactured to give pallet labeling flexibility. The device is expected to reduce printing, apply time, and improve the overall labeling process.

REPORT COVERAGE:

Labeling Machines Market Growth:

One of the main factors driving the demand for labeling machines is the increase in consumer demand for high product transparency and the rise in demand for automation in various end-use industries.

Drivers:

Market growth is likely to accelerate as demand for accurate, fast and simple labeling solutions increases. The global labeling machines market is expected to grow as the e-commerce industry grows due to factors such as convenience, choice, and cost benefits. Labeling machines are used to distribute labels and barcodes to various boxes and packages in the e-commerce sector. The labeling machine prints, distributes and adheres labels to packaging containers made of various materials, including glass, plastic, and aluminum. The machine is also used to purchase and apply Point of Sale (POS) labels, displays, and shipping packages. Labels are mainly used to mark, decorate, or offer valuable data about a product or brand to its customers. It is also used to differentiate products to maintain brand and visibility in the commercial space. The label includes anti-counterfeiting and tracking features, making it easy for product manufacturers to track cargo. The label also provides tamper protection by allowing products to be delivered to customers without interference. As the demand for security labeling increases to prevent theft and fraud, the demand for these machines will increase further. Consumers demand a greater diversity of products and a wider range of products. As a result, the number of products manufactured and sold increases, which contributes to the complexity of production. To address these challenges, product manufacturers are increasing the demand for versatile labeling machines that can handle a wide variety of materials and accommodate a variety of technologies.

The introduction of automation technology in labeling machines is a key factor driving the worldwide market. To increase productivity and increase operational efficiency, automation of manufacturing processes is increasingly being implemented in many process industries. To improve the packaging process and respond to the growing demand from end-users, several market providers around the world are beginning a commercialized labeling and packaging process. In addition, the implementation of automation in product labeling reduces the need for human intervention, minimizing the probability of human error in the product packaging process. Additionally, the increasing demand for fast, accurate and simple labeling solutions and the increasing demand for security labeling to prevent fraud and theft are other factors to be driving market growth over the outlook period.

Restraints:

The high costs associated with purchasing labeling equipment are expected to disturb this market. Additionally, packaging printing, which occupies a significant part of the labeling market, is presumed to hinder the adoption of automated labeling equipment among users in various industries, and as a result, limiting the business in the near future.

Labeling Machines Market Segmentation Analysis:

By Technology:

• Sleeve Labelers    
• Pressure Sensitive Labelers            
• Glue Based Labelers       

By End-Use:

• Food         
• Beverages              
• Pharmaceuticals  

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

The Asia Pacific region dominated the global labeling machine market with a 41.6% sales share in 2018 and is foreseen to continue the same over the prediction period. The main aspects credited to this growth are the demand from emerging nations like China and India, population ascend, rise in disposable income and the expansion of the food and beverage industry are some of the factors that contribute to the demand for labeling machines in the local market. The North American market is also foreseen to record the substantial growth rate over the envisioned period. The growth of the e-commerce industry, especially in the United States, is likely to have a positive impact on the growth of the regional market, along with the adoption of rules and regulations related to labeling, serialization, and monitoring. For example, regulations such as the Fair Packaging and Labeling Act and the Drug Safety and Quality Act can accelerate market growth.

The European region had the second-largest revenue share in the world market in 2018. As the demand for functional food and beverage products increases along with increased spending on pharmaceuticals and healthcare, demand for machines is foreseen to increase during the outlook period. In addition, labeling standards related to product information and safety can further increase the demand for these machines. The Latin American market is estimated to grow at an average annual rate of 4.9% over the prediction period. Due to the development of the food and beverage, pharmaceutical and personal care industries in countries such as Brazil, Argentina and Chile, the demand for labeling machines is deemed to increase further during the calculated period. Furthermore, the rapid industrialization and urbanization of the region is expected to stimulate demand for these products.

Key Players in the Market:

Major Key Players in the Global Labeling Machines Market are

• Krones AG                 
• TETRA Laval International S.A.                           
• I.M.A. industria Machine Automatiche S.p.A.                             
• ProMach, Inc.                           
• Sacmi Imola S.C.                      
• Salzgitter AG                             
• Barry-Wehmiller Group                        
• Accutek Packaging Equipment Companies, Inc.                         
• Quadrel Labeling Systems                   
• Fuji Seal International, Inc.