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Label Applicators Market Witness Excellent Growth By 2028

Future Market Insights (FMI) delivers key insights on the global label applicators market in its published report, titled “Global Label Applicators Market: Industry Analysis and Opportunity Assessment, 2022–2028”.

The global sales of label applicators are anticipated to grow at 5.1% y-o-y in 2021 with sales of more than 233 Thousand units. While FMI still estimates the label applicators market to grow significantly, Due to significant growth recorded in end use industries for high-speed labelling solutions across the globe.

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According to FMI, Asia-Pacific accounts for 34% of sales of label applicators in 2022 and is anticipated to account for 39% of sales in 2028.

Global label applicators market forms around 4-5% of the global packaging machinery market worth ~US$ 58 billion in 2021.

Label Applicator Market: Segmentation & Analysis

The global market for label applicators is further segmented as per product type, process type, speed, application, and end use.

On the basis of product type, global market for label applicators is segmented into integrated automated, stand – alone, and semi – automated label applicators. On the basis of process type, the global label applicators market is segmented into wipe – on, air blow, and tamp blow.

On the basis of speed, the global label applicators market is segmented into 100 ipm – 500 ipm, 500 ipm-1000 ipm, 1000 ipm-1500 ipm, 1500 ipm – 2000 ipm, and 2000 ipm & above. On the basis of application, the label applicators market is segmented into bottles, vials, pouches, boxes & carton, trays, and others. Further, based on the end use, the global label applicators market is segmented into chemicals, personal care & cosmetics, food & beverages, pharmaceuticals, electrical & electronics, logistics & warehousing, and others.

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The North America label applicators market Include country level analysis for the U.S. and Canada. The U.S label applicators market is expected to grow at a CAGR of 3.8% over the forecast period wherein stand-alone label applicators enjoy dominant share, by product type.

The Latin America label applicators market include country level analysis for Brazil, Mexico, Argentina and Rest of Latin America. The Brazil label applicators market is expected to expand at a CAGR of 4.5% during the forecast period. The Western Europe label applicators market include country level analysis for Germany, Italy, U.K., France, Spain, Benelux, Nordic and Rest of Europe. Germany and Italy account for a significant market share in the Western Europe label applicators market.

The Eastern Europe label applicators market include country level analysis for Russia, Poland and Rest of Eastern Europe. The Russia label applicators market is expected to expand at a CAGR of 5.3% during the next decade.

Competitive Landscape

The key players operating in the label applicators market are eyeing expanding their presence by investing in operational facilities along with increasing their output capacity. Also, the players are launching innovative packaging and labelling technologies:-

In November 2021, Gernep Worldwide partnered with Herma GmbH for integrating Herma 500 Rotary in their production line to apply labels at ketchup bottles. In October 2021, ProMach won the 2021 Technology Excellence Award at Pack Expo for its new rotary roll-fed labeller.

Label Applicators Market by Category

By Automation:

  • Semi-Automatic
  • Automatic

By Speed:

  • Less Than 1,000 IPM
  • 1001 – 2,500 IPM
  • Above 2,500 IPM

*IPM- Inches per Minute

By Application:

  • Bottles
  • Vials
  • Pouches
  • Boxes & Carton
  • Trays
  • Others

By End-Use:

  • Chemicals
  • Personal Care & Cosmetics
  • Food & Beverages
  • Pharmaceuticals
  • Electrical & Electronics
  • Logistics & Warehousing
  • Others

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The post Label Applicators Market Witness Excellent Growth By 2028 appeared first on Future Market Insights.

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