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Oct 17, 2023

Labeling Equipment Market Set to Exceed US$ 4.9 billion by 2031 as Automation Drives Efficiency and Productivity

According to Future Market Insights, the labelling equipment market generated

According to Future Market Insights, the labelling equipment market generated sales of US$3.4 billion in 2020. With a projected CAGR of 4.8%, the global market for labelling equipment is expected to reach US$4.9 billion by 2031.

Labelling equipment refers to tools used to apply labels on goods or packaging, serving various purposes such as branding, product identification, and compliance labelling. The demand for labelling solutions across industries like food and beverage, pharmaceuticals, and cosmetics has driven rapid growth in the labelling equipment market.

Different labelling technologies, including pressure-sensitive labelling, sleeve labelling, and others, contribute to the segmentation of the labelling equipment market. Pressure-sensitive labelling is the most popular technology due to its versatility, simplicity, and cost-effectiveness. Sleeve labelling, known for its ability to provide 360-degree labelling, is also gaining popularity in the market.

Overall, the labelling equipment market is experiencing significant growth as it offers a wide range of labelling solutions for various industries. The market is highly competitive, with companies investing in research and development to create innovative labelling solutions that meet the evolving needs of customers.

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Factors driving the market's growth include increasing demand for labelling solutions, adoption of automation and Industry 4.0 technologies, and the need for sustainable labelling options.

Key Takeaway

Growth Drivers

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Competitive Landscape

Companies operating in the labeling equipment market are indulging in product development, market expansion, and mergers and acquisitions to improve their value share in the market.

Key Players:

Country-Wise Insights on Labeling Equipment Market:

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Labeling Equipment Market by Category

By Product Type:

By Technology:

By Labeling Equipment:

By Labeling Type:

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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