Market Highlights
GlobalLabeling Equipment Marketis expected to witness significant growth during the forecast period. Labeling equipment mainly have applications in industries such as food beverages, healthcare pharmaceuticals, cosmetics personal care, electrical electronics, e-commerce, automotive, homecare, and others. The growing demand for automation in the above-mentioned industries has created a demand for labeling equipment. The global market for labeling equipment is driven by its efficiency and product adaptability.
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The global labeling equipment market has been segmented on the basis of product type, technology, and end use. Based on product type, the global market has been segmented as pressure-sensitive/self-adhesive labelers, glue-based labelers, sleeve labelers, and others. By technology, the global market has been segmented into automatic, semi-automatic, and manual. Based on end use, the global labeling equipment market has been segmented into food beverages, healthcare pharmaceuticals, cosmetics personal care, chemicals, and others.
Global Labeling Equipment Marketsize was valued atUSD 6.2 Billion in 2018, which is expected to witness6.5% CAGRduring the forecast period.
Asia-Pacific is expected to witness the fastest growth in the global labeling equipment market during the forecast period: MRFR
Based on region, the global market oflabeling equipmentis segmented as Europe, Asia-Pacific, North America, South America, and the Middle East Africa. Asia-Pacific is expected to dominate the labeling equipment market, followed by North America.
The high demand for the labeling equipment in Asia-Pacific can be attributed to the high number of end-use industries in the region. The region comprises China, India, and Japan. China holds the largest share of the Asia-Pacific labeling equipment market due to the presence of key players. India is likely to witness the highest growth rate during the forecast period.
North America holds the second-largest share in the labeling equipment market, owing to the rising demand for labeling from the growing food beverage industry. In the region, the US accounts for more than 70% of the share and is likely to be the fastest-growing country in the regional market.
Europe holds the third-largest share in the labeling equipment market. In the region, the demand for labeling equipment is rising from the healthcare pharmaceutical industry. Germany holds the largest share of the regional market and is expected to be the fastest-growing country in the region. The Middle East Africa and South America hold a less than 20% combined market share. Both regions are expected to show a gradual growth rate.
Scopeof the Report
This study provides an overview of the global labeling equipment market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, South America, and the Middle East Africa. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global labeling equipment market by system type, stacking system type, load capacity, end-use, and region.
- By Product
- Pressure Sensitive/Self Adhesive Labelers
- Glue-Based Labelers
- Sleeve Labelers
- Others
- Technology
- Automatic
- Semi- automatic
- Manual
- By End Use
- Food Beverages
- Healthcare Pharmaceuticals
- Cosmetics Personal Care
- Chemicals
- Others
- By Region
- North America
- Asia-Pacific
- Europe
- South America
- Middle East Africa
Global Labeling Equipment Market Regional Analysis
The Asia Pacific region dominates the global labeling equipment market. Factors such as the growing demand for automated solutions across end-use industries and the spurring growth in most end-use industries fuel the growth of the market.
China, India, and Japan are major markets for labeling equipment in the region, heading with the presence of several key market players. Of these, China holds the largest market share, followed by India. India is likely to witness the highest growth rate during the forecast period.
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Key Players
The Prominent Players in the Global Labeling Equipment Market includeQuadrel Labeling Systems (US), Krones AG (Germany), KWT Machine Systems Co. Ltd. (China), Label-Aire, Inc. (US), Sidel Group (India), Nita Labeling Equipment (Canada), FUJI Seal International Inc. (Japan), Sato Holdings Corporation (Japan), Pack Leader Machinery Inc. (Taiwan), Accutek Packaging Equipment Co. Inc. (US), ID Technology, LLC (US), HERMA Labeling Machines (Germany), P.E. Labellers S.p.A (Italy), Langguth (Germany), Accraply Inc. (US), Multi Pack Machinery Company (India), World Pack Automation Systems Private Limited (India), Evolabel AB (Sweden), Avery Dennison Corporation (US), and Markem-Imaje Corporation (India).
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