In 2032, the market for oxygen indicator labels is projected to be worth US$ 989.3 million. The market for oxygen indicator labels is expanding quickly. According to FMI Analysts, the global market for oxygen indicator labels is anticipated to reach US$ 585.3 Million in 2022 and is expected to grow at a CAGR of 5.4% from 2022 to 2032.
Market Overview
Oxygen Indicator Labels Market – Introduction:
Packaging is nowadays the centre of exhaustive research that is being carried out regarding innovative technologies that integrate digital data on a package. This has been fuelled by developments in packaging technologies, process and material that have potential to manufacture packaging solution that can carry digital machine reliable data. Oxygen indicator labels are those labels whose primary function is to indicate that any action has taken place such as radiation, exposure to prescribed levels of gas, time, sunlight etc. Oxygen indicator label is a type of smart label which are self-adhesive labels and contain a distinctive liquid which changes its colour in the absence of oxygen.
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Many food products are packed under modified atmosphere packaging (MAP) technology, oxygen indicator label is used to show if the modified atmosphere packaging remains undamaged, throughout the distribution chain. Oxygen indicator labels are printed using light sensitive nanoparticles printing and inkjet printing. Oxygen indicator labels market has great scope due to manufacturing efficiencies that will ultimately be required by the food and beverage retailer and manufacturer. Oxygen indicator labels are those intelligent labels which are able to switch on or off in reaction to internal and external conditions.
Oxygen Indicator Labels Market – Dynamics:
The oxygen indicator labels market is undergoing high growth due to consumers rising interest in natural and organic products. Oxygen indicator labels plays an important role in ensuring the quality and freshness of the food product. To maintain the quality and increasing the shelf life of food products, the atmosphere in which they are stored is transformed with the help of various technologies during the packaging process. Oxygen indicator labels uses one of the best preserving techniques in which specific seasoning agents are adapted within the packaging containers. Oxygen indicator labels uses the change in colour technique which is very diverse and offers a perfect indication that the modified atmosphere has been maintained inside the package.
Oxygen indicator label is in a subclass of analytical packaging as a member of intelligent packaging. These oxygen indicator labels are used for safety and can be applied directly for real time examination and the shelf life of the food products. Manufacturers and brand owners are adapting a wide range of intelligent packaging technologies which have been developed in recent years. Growing online food retail has led to an in increase in demand for oxygen indicator labels.
Oxygen Indicator Labels Market – Regional Outlook:
On the basis of geography, the global oxygen indicator labels market region is divided into Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among all the above regions, the North American region is anticipated to lead the global oxygen indicator labels market, owing to a large number of consumer acceptance for intelligent packaging technologies. Along with North America, Western Europe oxygen indicator labels market is expected witness high growth due to rise in the demand for case ready meals. Countries in Africa are also anticipated to significantly contribute to the growth of the oxygen indicator labels market during the forecast period.
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Oxygen Indicator Labels Market – Major Players:
Some of the prominent players operating in the global oxygen indicator labels market include Emco Packaging and PreSens Precision Sensing GmbH.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Oxygen Indicator Labels Market – Segmentation:
The global market for oxygen indicator labels is segmented on the basis of product type, and application.
On the basis of product type the global market for oxygen indicator label is segmented as follows:
- Reversible Oxygen Indicator Labels
- Non Reversible Oxygen Indicator Labels
On the basis of application the global market for oxygen indicator label is segmented as follows:
- Cheese
- Sliced and cooked meat
- Bread
- Catering Pack
- Airline meals
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
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