Print Label Market: Demand, Growth Challenges, Industry Analysis And Forecasts To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Print Label Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The print label market size has grown strongly in recent years. It will grow from $44.8 billion in 2023 to $47.34 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing globalization, rising consumer awareness, e-commerce boom, regulatory compliance, increasing sku proliferation, brand differentiation.

The print label market size is expected to see steady growth in the next few years. It will grow to $57.32 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to sustainability concerns, evolving retail landscape, rise of digital printing, global supply chain challenges, increased focus on anti-counterfeiting measures. Major trends in the forecast period include augmented reality (ar) in labeling, data integration and automation, regulatory compliance and labeling standards, customization and personalization, smart labels and rfid integration.

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Market Segmentation:
The print label market covered in this report is segmented -
1) By Print Process: Offset lithography, Gravure, Flexography, Screen, Letterpress, Electrophotography, Inkjet
2) By Raw Material: Metal Labels, Plastic Or Polymer Labels
3) By Label Format: Wet-Glue Labels, Pressure-Sensitive Labels, Linerless Labels, Multi-part Tracking Labels, In-Mold Labels, Shrink And Stretch Sleeves
4) By End-user Industries: Food, Beverage, Healthcare, Cosmetics, Househlod, Industrial (Automotive, Industrial Chemicals, Consumer and Non-Consumer Durables), Logistics, Other End-User Industries

Major Driver - Surge In Manufactured Goods Demand Fuels Growth Of Print Label Market
The increase in demand for manufactured goods is expected to propel the growth of the print label market going forward. Manufactured goods refer to any products created through a manufacturing process involving transforming raw materials into finished products. The print label helps fulfill the demand for manufactured goods by providing product labels, asset labels, bar code labels, shipping labels, and others. For instance, in August 2022, according to the report shared by Eurostat, a Luxembourg-based statistical office of the European Union, in comparison to 2020, the production of manufactured goods increased by 8% in 2021. In nominal terms, the value of sold production in the EU increased by 14% from $5,071.90 billion (€4,581 billion) in 2020 to $5,767.29 billion (€5,209 billion) in 2021. Therefore, the increase in demand for manufactured goods is driving the growth of the print label market.

Competitive Landscape:
Major companies operating in the print label market report are Mondi Group, Connecticut Chemicals Limited, Multi-Color Corporation, Avery Dennison Corporation, Clondalkin Group Holdings BV, Ahlstrom-Munksjo Oyj, Cenveo Corporation, Fort Dearborn Company, Fuji Seal International Inc., Autajon Group, Brady Corporation, Constantia Flexibles Group, Ravenwood Packaging, Chesapeake Limited, 3M Company, H.B. Fuller Company, Henkel AG & Co. KGaA, R.R. Donnelley & Sons Company, WestRock Company, DuPont de Nemours Inc., CCL Industries, Aditya Polymers, Al Ghurair First LLC, Barspell Technologies India Pvt. Ltd., Cimarron Label LLC, Concept Labels and Packaging Co., Labelcraft Products Ltd., Label Impressions Inc., Label Technology Inc., Lightning Labels, MPI Label Systems, National Label Company, Resource Label Group LLC, Taylor Corporation, Consolidated Label Co., WS Packaging Group Inc. .

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Top Trend - Technological Advancements Drive Growth In Print Label Market
Technological advancements are a key trend gaining popularity in the print label market. Companies operating in the print label market are adopting new technologies to sustain their position in the market. For instance, in February 2021, Xeikon B.V., a Netherlands-based provider of digital printing solutions for labels and packaging, launched two new digital label presses, the Xeikon CX30 and Xeikon CX50. These new presses, which are based on Cheetah 2.0 technology with new-generation interfaces and cloud connectivity and built on its sixth-generation platform, are intended to provide the highest level of equipment effectiveness possible. The two new presses from Xeikon were created and built to work with any label printer using 'medium capacity', which is defined as 20,000-40,000 square meters, or 30,000-55,001 MSI in all end-use segments. According to the manufacturer, the press shines particularly in the pharmaceutical, food, and wine and spirits label sectors. The foundation of Cheetah 2.0 technology is the scalable press architecture from Xeikon, which features a full rotary process with five print stations and a customizable repeat length.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Print Label Market Characteristics
3. Print Label Market Trends And Strategies
4. Print Label Market - Macro Economic Scenario
5. Print Label Market Size And Growth
…..
27. Print Label Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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