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Oct 24, 2023

Labeling Equipment Market Expected to Surpass US$ 4.9 billion by 2031, Driven by Automation and 4.8% CAGR

According to Future Market Insights, the labelling equipment market will

According to Future Market Insights, the labelling equipment market will generate US$3.4 billion in sales in 2020. At a CAGR of 4.8%, the global market for labelling equipment is projected to grow to US$ 4.9 billion by 2031.

The phrase "labelling equipment" refers to tools used to affix labels on goods or packaging. Many tasks, including branding, product identification, and labelling for compliance, can be accomplished with these technologies. The demand for labelling solutions across numerous industries, including food and beverage, pharmaceuticals, and cosmetics, has caused the market for labelling equipment to grow quickly in recent years.

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The phrase "labelling equipment" refers to tools used to affix labels on goods or packaging. Many tasks, including branding, product identification, and labelling for compliance, can be accomplished with these technologies. The demand for labelling solutions across numerous industries, including food and beverage, pharmaceuticals, and cosmetics, has caused the market for labelling equipment to grow quickly in recent years.

The labelling technology being utilised, such as pressure-sensitive labelling, sleeve labelling, and others, can be used to segment the market for labelling equipment. Pressure-sensitive labelling is the most popular technology on the market because of its adaptability, simplicity, and cost. Due to its ability to provide 360-degree labelling, sleeve labelling is becoming more and more popular on the market.

In conclusion, the labeling equipment market is a rapidly growing industry that provides a wide range of labeling solutions for various industries. The market is highly competitive, and companies are investing heavily in research and development to develop new and innovative labeling solutions that can meet the evolving needs of their customers. The market is expected to continue growing in the coming years, driven by increasing demand for labeling solutions, growing adoption of automation and Industry 4.0 technologies, and the need for sustainable labeling solutions.

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Key Takeaway

Growth Drivers

Competitive Landscape

Companies operating in the labeling equipment market are indulging in product development, market expansion, and mergers and acquisitions to improve their value share in the market.

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Key Players:

Labeling Equipment Market by Category

By Product Type:

By Technology:

By Labeling Equipment:

By Labeling Type:

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