The automatic labeling machine global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automatic Labeling Machine Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The automatic labeling machine market size has grown steadily in recent years. It will grow from $2.57 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in consumer goods industries, a rise in the need for automation, growth in the pharmaceutical industry, rising demand for label customization and personalization, and globalization.
The automatic labeling machine market size is expected to see steady growth in the next few years. It will grow to $3.26 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing automation needs in manufacturing, increasing consumer awareness regarding packaging, expanding e-commerce demands, growing demand for packaging machinery, and rising demand for indulging nutritious food. Major trends in the forecast period include technology advancements, smart labeling technologies, integration with vision systems, augmented reality, and integration of the Internet of Things.
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Scope Of Automatic Labeling Machine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automatic Labeling Machine Market Overview
Market Drivers –
The rising demand for packaged food is expected to propel the growth of the automatic labeling machine market going forward. Packaged food refers to processed and sealed food products, including ready-to-eat meals, snacks, canned goods, and frozen foods, designed for distribution and sale, providing consumers convenience and extended shelf life. The demand for packaged food is due to busy schedules, increased disposable income, globalization of food supply chains, preference for portion control, and the availability of diverse food choices. Automatic labeling machines facilitate efficient and accurate labeling of packaged food, ensuring compliance with regulatory standards, enhancing product presentation, and meeting high-volume production demands, supporting the increasing consumer demand for packaged food. For instance, in 2022, according to the Food Export Association, a US-based non-profit organization, Japan’s packaged food retail sales are expected to expand by 9.1%, or $19.6 billion, from 2022 to $235.9 billion by 2026. Therefore, the rising consumer demand for packaged food is driving the growth of the automatic labeling machine market.
Market Trends –
Major companies operating in the automatic labeling machine market are focused on developing innovative solutions, such as coding automation software, to optimize labeling processes and improve overall efficiency. Coding automation software automates generating and applying codes or labels to products, enhancing efficiency and accuracy in manufacturing and packaging operations. For instance, in July 2024, Domino Printing Sciences plc, a UK-based printing company, launched new automated label verification and product printing solutions to assist manufacturers in lowering the possibility of expensive product labeling errors. The systems are equipped with AI-driven software for real-time data analysis, enabling seamless integration into existing production lines. It offers scalable options to meet diverse industry needs, from food and beverage to pharmaceuticals, ensuring compliance with stringent regulatory requirements.
The automatic labeling machine market covered in this report is segmented –
1) By Type: Self Adhesive Or Pressure Sensitive Labelers, Shrink Sleeve Labelers, Glue Based Labelers
2) By Configuration: Stand Alone, Integrated
3) By Specialty: Multi-Purpose Automatic Labeling Machines, Labeling Type Specific Machines, Material Type Specific Machines
4) By Industry: Food And Beverages, Chemical, Cosmetics, Healthcare, Consumer Electronics, Logistics, Couriers And Posts, Other Industries
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Regional Insights –
North America was the largest region in the automatic labeling machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic labeling machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the automatic labeling machine market are Krones Group, Barry-Wehmiller Group Inc., SACMI, Fuji Seal International Inc., ProMach Inc., IMA Group, Sidel, Marchesini Group S.P.A., Herma, KHS GmbH, Quadrel Labeling Systems, Weber Marking Systems GmbH, Novexx Solutions, Accutek Packaging Equipment Companies Inc., PDC International Corp., CVC Technologies Inc., Aggappe Diagnostics, Creative Labels Inc., CTM Labeling Systems, HSAUSA, Newman Labelling Systems Ltd., Pack Leader Machinery Inc., Siciauto, Worldpack Automation Systems
Table of Contents
1. Executive Summary
2. Automatic Labeling Machine Market characterstics
3. Automatic Labeling Machine Market Trends And Strategies
4. Automatic Labeling Machine Market – Macro Economic Scenario
5. Global Automatic Labeling Machine Market Size And Growth
…..
32. Global Automatic Labeling Machine Market Competitive Benchmarking
33. Global Automatic Labeling Machine Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automatic Labeling Machine Market
35. Automatic Labeling Machine Market Future Outlook and Potential Analysis
36. Appendix
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