Press release
Variable Data Printing Labels Market 2024 Set for Explosive Growth of Industry by 2031 | Avery Dennison Corporation, CCL Industries Inc., RR Donnelley & Sons Company, 3M Company
DataM Intelligence has released a new research report on the Variable Data Printing Labels market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.The Global Variable Data Printing Labels Market reached US$ 24.8 billion in 2023 and is expected to reach US$ 62.4 billion by 2031, growing with a CAGR of 12.3% during the forecast period 2024-2031.
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Variable Data Printing (VDP) Labels are customized labels produced using digital printing technology that allows for the personalization of each label in a print run. This technique enables the incorporation of unique information, such as text, images, barcodes, and QR codes, onto each label based on specific data sets. VDP labels are commonly used in industries like marketing, logistics, and product labeling, as they enhance brand engagement, improve tracking, and provide targeted communication by allowing businesses to tailor messages and designs for different audiences or products.
List of the Key Players in the Variable Data Printing Labels Market:
Avery Dennison Corporation, CCL Industries Inc., RR Donnelley & Sons Company, 3M Company, UPM-Kymmene Corporation, Coveris Holdings S.A., Flex Ltd., Mondi Group, Constantia Flexibles Group and Lintec Corporation.
Key Developments:
On October 17, 2023, AstroNova launched several digital printers under its TrojanLabel and QuickLabel product lines. Among them, the QuickLabel QL-900 stands out as a robust desktop inkjet label printer designed for full-color labeling applications.
In January 2022, Domino supplied Mold-Tek Packaging in Hyderabad with two K600i UV-curable inkjet printers. These high-quality, fast machines, installed in March 2021, are utilized for printing variable data on in-mold labels.
In November 2021, Xeikon introduced VariOne, a new variable data tool for the X-800 digital front end. This innovative tool can instantly produce and print unique creative designs based on images or vector graphics, enabling the creation of an infinite number of complex patterns.
Research Process:
Both primary and secondary data sources have been used in the global Variable Data Printing Labels Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Variable Data Printing Labels Market:
By Type: Release Liner, Linerless Labels
By Composition: Facestock, Topcoat
By Printing Technology: Thermal Transfer, Electrophotography, Direct Thermal, Inkjet
By End-User: Food and Beverages, Consumer Durable, Pharmaceutical, Personal Care and Home, Retail, Others
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Variable Data Printing Labels market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Variable Data Printing Labels Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Variable Data Printing Labels market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Variable Data Printing Labels Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/variable-data-printing-labels-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Variable Data Printing Labels market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Variable Data Printing Labels market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Variable Data Printing Labels market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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