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2025-2034 Print Label Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Print Label Market Through 2025?
There has been a consistent growth observed in the size of the print label market in the past few years. The market, which stood at $47.04 billion in 2024, is projected to expand to $49.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.4%. Factors contributing to this growth in the historical period include escalating globalization, heightened consumer awareness, the surge in e-commerce, adherence to regulations, a rise in SKU proliferation, and brand differentiation.
What's the Projected Size of the Global Print Label Market by 2029?
Predictions have been made for a robust expansion of the print label market in the coming years, with its anticipated worth to be around $60.84 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.5%. This predicted growth throughout the forecasted period can be attributed to factors including concerns about sustainability, changes in the retail environment, advancements in digital printing, global supply chain issues and a heightened emphasis on counterfeiting prevention methods. Emerging trends expected in this period include the incorporation of augmented reality (AR) in labelling, the merging of data and automation, the importance of regulatory compliance and labelling standards, alongside customisation, personalisation, smart labels, and the integration of RFID.
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Top Growth Drivers in the Print Label Industry: What's Accelerating the Market?
The surge in the demand for products that are manufactured is anticipated to push the expansion of the print label market. Products that are manufactured are essentially those that are produced through processes that convert raw materials into finished goods. Print labels cater to the demand for these goods by providing labels for products, assets, barcodes, shipping, and more. For example, data from the Office for National Statistics, an executive office of the UK Statistics Authority based in the UK, showed that in September 2024, UK manufacturers recorded product sales worth $620.30 billion (£456.1 billion) in 2023. This was a rise of $23.39 billion (£17.2 billion) (3.9%) from a total of $597.62 billion (£438.9 billion) in 2022. Hence, the growing desire for manufactured goods is stimulating the expansion of the print label market.
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What Trends Will Shape the Print Label Market Through 2029 and Beyond?
Significant businesses in the print label market are prioritizing technological innovations like IoT-enabled connectable label printers to boost efficiency, streamline labeling procedures, and offer more customization possibilities for organizations in diverse sectors. These high-tech printers, linked via IoT technology, can communicate with other intelligent devices and networks, allowing for remote monitoring, management, and label printing capabilities. This results in a smooth label creation and printing process from various gadgets, thereby increasing productivity and operational efficiency in labeling tasks. For example, in April 2024, Brother International, a renowned US-based purveyor of office equipment and document management solutions, released its newest IoT-enabled connectable label printers. These were specifically developed for the B2B sector and large corporations to improve labeling productivity and efficiency across different sectors. The innovative printers come equipped with advanced features like mobile connectivity, customizable templates, and durable laminated labels, ensuring reliability and quality for large-scale printing requirements.
What Are the Main Segments in the Print Label Market?
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, Household, Industrial (Automotive, Industrial Chemicals, Consumer And Non-Consumer Durables), Logistics, Other End-User Industries
Subsegments:
1) By Offset Lithography: Sheet-Fed Offset, Web-Fed Offset
2) By Gravure: Cylinder Gravure, Photogravure
3) By Flexography: Anilox Flexography, Relief Flexography
4) By Screen Printing: Manual Screen Printing, Automatic Screen Printing
5) By Letterpress: Traditional Letterpress, Digital Letterpress
6) By Electrophotography: Laser Printing, LED Printing
7) By Inkjet: Continuous Inkjet, Drop-On-Demand Inkjet
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Which Top Companies are Driving Growth in the Print Label Market?
Major companies operating in the print label market include Mondi Group, 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.
Which Regions Will Dominate the Print Label Market Through 2029?
North America was the largest region in the print label market in 2024. Asia-Pacific is expected to be the fastest-growing region in the print label market report during the forecast period. The regions covered in the print label market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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