Worldwide Demand For Industrial Labels Is Expected To Increase At A CAGR Of 5.2% Through 2033

According to the latest published research report by Fact.MR, a provider of market research and competitive intelligence, the projected value of the industrial labels market is US$ 111 billion for 2033-end. Worldwide demand for blank labels is likely to increase at a CAGR of 5.2% from 2023 to 2033.

Labels can be of different types, including paper, fabric, plastic, and other materials that are commonly applied to various products for instructions, advertising, and identification.

Industrial labels also comprise barcodes, digital printing, flexography, RFID (Radio-Frequency Identification), offset, and other features. Anti-peel, high-temperature resident, pressure-resistant, dust-resistant, and moisture-resistant are some pivotal properties of these labels. Manufacturers can get a competitive edge in the market with the development of user-friendly products. Customization of products in terms of size, shape, etc., is further predicted to bolster the demand for these products.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7966?AS

Counterfeiting has become a noticeable problem that is having a direct impact on manufacturers by affecting their sales and revenue. The adoption of codes or barcodes on various industrial labels is helpful in reducing counterfeiting.

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• Sales of industrial labels are likely to increase at a CAGR of 5.2% through 2033.
• The U.S. market is likely to hold 82% share of the North America market by 2033-end.
• Valuation of industrial label sales are estimated to reach US$ 111 billion by 2033.
• The market in Germany is likely to progress at a CAGR of 4.9% through 2033.

"Increasing use of Industrial labels by manufacturers to keep a record of the product and the supply chain is predicted to propel their demand in the global market," says a Fact.MR analyst.

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

Rising use of industrial labels to help people know about product specifications, identification of brands, and improve their aesthetic presence is likely to bolster growth opportunities in the global market.
The players are investing a handsome amount to get a competitive edge in the global market.
For instance,
• CCL Industries in December 2021 invested in its HP Indigo press in Canada at the CCL Label Healthcare facility. It is the first HP Indigo 35K Digital Press in the world.

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱

• 3M Company
• Brady Corporation
• Henkel AG & Co. KGaA
• H.B. Fuller Company
• Fuji Seal International, Inc.
• Dunmore Corporation
• DowDuPont, Inc.

𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆

• By Product :
o Warning/Security
o Branding
o Weatherproof
o Equipment Asset Tags
o Others Types

• By End Use :
o Transportation & Logistics
o Construction
o Automotive
o Consumer Durables
o Other End Uses

• By Material :
o Polymer
o Metal

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

𝗠𝗼𝗿𝗲 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲

Fact.MR, in its new offering, presents an unbiased analysis of the global industrial labels market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.
The study divulges essential insights into the market on the basis of product (warning/security, branding, weatherproof, equipment asset tags, other types), end use (transportation & logistics, construction, automotive, consumer durables, end uses), and material (polymer, metal), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

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This release was published on openPR.