What is the present valuation and projected CAGR of the industrial labels market?
The industrial labels market size has grown steadily in recent years. It will grow from $57.19 billion in 2024 to $59.87 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to product diversification, cost efficiency, market competition, industrial automation, safety and hazard identification.
The industrial labels market size is expected to see strong growth in the next few years. It will grow to $76.85 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to smart label integration, customization and personalization, augmented reality (AR) integration, rapid urbanization, AI and machine learning adoption. Major trends in the forecast period include remote accessibility, urbanization impact, IoT integration, personalized branding, flexible packaging growth.
Get Your Free Sample of The Global Industrial Labels Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6327&type=smp
What are the top drivers to the rising demand in the industrial labels market?
The rapid rise of e-commerce is significantly contributing to the growth of the industrial label market. E-commerce refers to conducting business activities and transactions over the internet. It includes internet-based activities such as product purchasing and selling, as well as monetary transactions. With the rise of online shopping, there is a greater demand for a variety of labels and packaging. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, when compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 increased by 7.5% (or 1.4%), while overall retail sales increased by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, the rapid rise of e-commerce drives the industrial label market moving forward.
How is the industrial labels market segmented?
The industrial labels market covered in this report is segmented –
1) By Product Type: Warning Or Security Labels, Branding Labels, Weatherproof Labels, Equipment Asset Tags, Other Products
2) By Raw Material: Metal Labels, Plastic Or Polymer Labels
3) By Mechanism: Pressure-sensitive, Glue applied, Heat Transfer, Other Mechanism
4) By Printing Technology: Digital Printing, Lithography, Flexography, Screen Printing, Other Printing Technologies
5) By End User: Transportation, Construction, Automotive, Consumer durables, Other End Users
Subsegments:
1) By Warning Or Security Labels: Hazard Warning Labels, Safety Labels, Security Seals
2) By Branding Labels: Product Labels, Promotional Labels, Logo Labels
3) By Weatherproof Labels: Outdoor Labels, Waterproof Labels, UV Resistant Labels
4) By Equipment Asset Tags: Barcode Asset Tags, RFID Asset Tags, QR Code Asset Tags
5) By Other Products: Instructional Labels, Nutritional Labels, Custom Labels
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/industrial-labels-global-market-report
Who are the top competitors in the industrial labels market?
Major companies operating in the industrial labels market include HP Inc., Printronix, 3M Company, Henkel AG & Co. KGaA, E.I. du Pont de Nemours and Company, Avery Dennison Corporation, CCL Industries Inc., H.B. Fuller Company, UPM Raflatac, Cenveo Inc., Brady Corporation, Cosmo Films Limited, Resource Label Group, CILS International, Drytac Corporation, Cannon Industries Inc., Dunmore Corporation, Fuji Seal International Inc., LabelTac, Wasp Barcode Technologies
What significant trends should we anticipate in the industrial labels market over the forecast period?
Strategic partnerships are the key trend gaining popularity in the industrial label market. Major companies operating in the industrial label market are undergoing partnerships to strengthen their position. For instance, in January 2022, Brother Mobile Solutions, a US-based provider of mobile, desktop, and industrial printing, labeling, and safety signage solutions, partnered with TEKLYNX, a US-based provider of barcode label software solutions. This partnership aims to bring enterprises the most advanced tools to design and print barcode labels easily and to industry standards.
Which regional trends are influencing the industrial labels market, and which area dominates the industry?
The countries covered in the industrial labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Industrial Labels Market Report 2025 Offer?
The industrial labels market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The industrial label refers to a material that is used to identify equipment and provide visual or textual information regarding use or risks. These are durable and strongly resistant to heat, light, moisture, corrosive solvents, and other environmental factors that can cause labels to fade, crack, rip, or peel. The majority of industrial labelling applications demand long-term legibility in harsh physical environments.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6327
