Label Printing Market 2024 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects and Forecast To 2033

The Label Printing by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Label Printing, The label printing market size has grown strongly in recent years. It will grow from $46.14 billion in 2023 to $49.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%.  The  growth in the historic period can be attributed to growth in packaging industry, brand recognition and marketing, regulatory compliance, consumer preferences and information, product differentiation..

The label printing market size is expected to see strong growth in the next few years. It will grow to $64.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.  The growth in the forecast period can be attributed to e-commerce growth, sustainability initiatives, personalized packaging, globalization of brands, technological integration.. Major trends in the forecast period include personalization and variable data printing, expansion of digital color label printing, introduction of anti-counterfeit features in labels, customization for craft and artisanal products, enhanced label durability and weather resistance..

The growth in e-commerce is expected to propel the growth of the label printing market going forward. E-commerce refers to buying and selling goods or services over the Internet through electronic means, such as websites, mobile apps, or online marketplaces. The growth in e-commerce has resulted from increasing internet and mobile device usage, improvements in website design and user experience, greater availability of online payment options, and the convenience of being able to shop or conduct transactions from anywhere at any time. Label printing helps growth in e-commerce by providing product labeling, shipping, and handling labels, inventory management, and order tracking and fulfilment. For instance, in February 2023, according to Digital Commerce 360, a US-based e-commerce intelligence portal, in 2022, e-commerce sales have increased by 7.7%, and US e-commerce sales reached $1.03 trillion in 2022, passing the bar of $1 trillion for the first time. Therefore, the growth of e-commerce is driving the growth of the label printing

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The label printing market covered in this report is segmented –

1) By Type: Branding Labels, Weatherproof Labels, Equipment Asset Labels, Warning or Security Labels, Other Types

2) By Raw Materials: Plastic Or Polymer Labels, Metal Labels

3) By Nature: Permanent, Repositionable, Removable

4) By Mechanism: Pressure Sensitive Labeling, Glue Applied Labeling, Heat Transfer, Other Mechanisms

5) By End User Industry: Consumer Durables, Transportation and Logistics, Automotive, Other End Users

Top Major Players
Dunmore Ltd.
H B Fuller Company
Henkel AG & Co KGaA
Fuji Seal International Inc.
Cenveo Worldwide Limited

Technological advancements are a key trend gaining popularity in the label printing market. Companies operating in the label printing market are adopting new technologies, such as digital and inkjet printing, to sustain their position in the market. Digital printing is a printing method that involves printing digital images directly onto various media, including paper, plastics, textiles, and metals, using digital printing presses or specialized printers. Whereas inkjet printing is a kind of digital printing that uses inkjet technology to print images onto a variety of media. Inkjet printers use small droplets of ink that are sprayed onto the printing surface to create the image. For instance, in August 2022, Gallus Holding AG, a Switzerland-based label printing manufacturer, launched the Gallus One press for digital label printing, which is a hybrid inline printing machine. This press is 340 mm wide and a roll-to-roll UV inkjet digital inline label press which can run at a maximum speed of 70 meters per minute or 1,200 dpi in four colors and white. This press also provides complimentary service within a traditional analog operation and automation features for efficiency in digital printing.

The label printing market report table of contents includes:
1. Executive Summary
2. Label Printing Market Characteristics
3. Label Printing Market Trends And Strategies
4. Label Printing Market – Macro Economic Scenario
5. Global Label Printing Market Size and Growth
………………………
31. Global Label Printing Market Competitive Benchmarking
32. Global Label Printing Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Label Printing Market
34. Label Printing Market Future Outlook and Potential Analysis
35. Appendix

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