Label Applicator Market By Product Type (Integrated Automated, Semi-Automatic, Standalone Label), By End-User (Chemicals, Personal Care & Cosmetics, Food & Beverages, Pharmaceuticals, Electrical & Electronics, Others), By Process Type (Wipe – on, Air blow, Tamp blow) – Growth, Future Prospects and Competitive Analysis,2019 - 2027
Increasing Demand from the End-Use Sector Ensures Rapid Growth for the Label Applicator Market
Globally, the label applicator market is expected to grow with a CAGR of 5.8% during the forecast period from 2019 to 2027, starting from 2018, with a market value of US$2.50 Bn. A label applicator is a type of machine that is used to apply pressure-sensitive labels directly to various products, such as packages, containers, bottles, or drums. These machines are loaded with rolls of labels, which are later applied to the products. The label applicators have self-adhesive labels, which can generate gum on the other side of the label that can be stuck to the products with pressure.
The label applicators are used for various labels, which include smart labels, RFID labels, source tagging, and holographic labels. These machines are used in the end-use sectors to increase the productivity of the plant by reducing human efforts, resulting in improved efficiency.
The label applicator market is driven by factors such as increasing demand in various industries such as personal care and cosmeceuticals, chemicals, food and beverages, and others.
Furthermore, the label applicators industry is also experiencing a technological shift, which has significantly enabled companies to develop innovative products. Such developments drive the growth of the label applicator market. However, the high cost of labeling machines is likely to hamper the market's growth during the forecast period.
Market Synopsis
Label Applicator with Food and Beverages in its End-User Segment Continue Dominating the Market
In 2018, the overall label applicator market was led by the food and beverage segment, which contributed the highest percentage of the market share of over 50% of the total revenue generated globally. The demand for label applicators is increasing among various food and beverage industries due to increasing consumer demand.
The label applicator enables the operators to place the product on the machine, and the machine starts sticking the labels on it. The use of label applicators results in printing or sticking the label in the correct place on the product with precision and accuracy, which improves the quality of the finished good.
North America Dominates the Market by Region
The label applicator market was led by North America, which contributed over 38% of the total market due to the strategic developments initiated by key players such as Pro Mach, Inc., Quadrel Labeling Systems, Label-Aire, Inc., and others.
Additionally, the advances in countries such as the US and Canada in the region are also driving the market. Various companies are investing heavily in developing new machines. The rising demand for labels in various industries, such as packaging, chemicals, food, and beverages, is increasing due to various government regulations, which also increases the demand for label applicators in the market.
Some of the prominent players operating in the label applicator market include Herma GmbH, ProMach Inc., Quadrel Labeling Systems, In-Line Labeling Equipment, Inc., Universal Labeling Systems, JDA Progress Industries Ltd., Label-Aire, Inc., CTM Labeling Systems, ALTech UK Labeling Technologies Ltd., Novexx Solutions GmbH, Weber Packaging Solutions, Inc., RJ Packaging Corporation, and Videojet Technologies, Inc.
Historical and Forecast Period
This research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The label applicator market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global label applicator market based on product type, process type, end-user, and geography. Key segments covered in the report are as follows:
Key questions are answered in this report.
What was the market size of label applicators in 2018 and the forecast up to 2027?
Which is the largest regional market for the food and beverage segment by the end user?
What are the major trends followed in the label applicator market across different regions?
Who are the key label applicator companies leading the market?
What are the key strategies adopted by the leading label applicator companies in the market?
Unique data points of this report
Statistics on label applicator penetration worldwide
Recent trends across different regions in terms of the adoption of label applicators for various applications
Notable developments are going on in the label applicator market.
Attractive investment propositions for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Frequently Asked Question:
The market for Label Applicator Market is expected to reach USD$ 2.50 Bn in 2027.
The Label Applicator Market is expected to see significant CAGR growth over the coming years, at 5.8%.
The report is forecasted from 2019 -2027.
The base year of this report is 2018.
JDA Progress Industries Ltd., Label-Aire, Inc., CTM Labeling Systems, ALTech UK Labeling Technologies Ltd. are some of the major players in the global market.
