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Industrial Labels Market Top Players, Business Opportunities, Regional Analysis and Forecast 2027

02-12-2021 03:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Industrial Labels Market

Industrial Labels Market

Industrial Labels are used for identification, advertising, and operating instruction purposes. They are engineered to survive the conditions of the equipment they are used on. They are used in transportation, automotive, manufacture of consumer goods, and construction industries. Industrial Labels can be designed to be moisture resistant, dust resistant, and high temperature and pressure resistant with anti-peel properties.

The primary use of label is to identify equipment and provide visual or textual information regarding use or risks. They also help keep track of manufactured products across the supply chain. The major drivers are security and tracking of equipment, which ensures efficient transit of goods. The major challenge is the large capital investment in setting up a labelling system.

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Brand label displays the brand and/or company, which manufactured the product. Grade label indicates quality of product (e.g. A, B, C). Descriptive label provides information regarding use of product and informative label indicates any additional information (i.e. date of manufacture & expiry, intermediary).

Security labels are the largest segment and are used to indicate any tampering of product. Also, based on material, plastic is the most used segment across all end user industries. Among identification techniques, Radio frequency identification (RFID) tags allow real-time location tracking across the supply chain. The barcode system is being replaced by RFID.

Industrial Labels Market Taxonomy

On basis of type of label, the industrial labels market is segmented into:
Brand
Grade
Descriptive
Informative

On basis of Application, the industrial labels market is segmented into:
Security
Equipment Asset
Weatherproof
Branding
Others

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Key players operating industrial labels market include HP Inc., Cannon Inc., Xerox Corporation, Cenveo, Inc., CL Industries, Inc., H.B. Fuller Co., Cenveo, Inc., Dunmore Corporation, 3M Company, Brady Corporation, Avery Dennison Corporation, DuPont, and Henkel Ag & Company.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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