The global label applicators market is estimated at ~US$ 2.6 Bn in 2022 and is projected to reach ~US$ 3.5 Bn by 2028, at a CAGR of 5.4% from 2022 to 2028.
The global sales of label applicators are anticipated to grow at 5.1% y-o-y in 2021 with sales of more than 233 Thousand units. While FMI still estimates the label applicators market to grow significantly, Due to significant growth recorded in end use industries for high-speed labelling solutions across the globe.
According to FMI, Asia-Pacific accounts for 34% of sales of label applicators in 2022 and is anticipated to account for 39% of sales in 2028. Global label applicators market forms around 4-5% of the global packaging machinery market worth ~US$ 58 billion in 2021.
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Label Applicator Market: Key Trends
Among a slew of growth factors, technological advancements spawn new prospects in the label applicator market. Witnessing the benefits of advanced machines, keen players are investing to manufacture advanced label applicator machines, and capitalize on the growth opportunities.
At its basic, label applicator is a type of machine that is used to stick pressure-sensitive labels directly on products such as containers, packages, bottles, or drums. Label applicator machines are loaded with rolls of labels to be applied on products. The label applicators are loaded with self-adhesive labels, which can generate gum and stick on the products with pressure from the machine.
The ever-lasting need of label applicator for application of label across a host of industry sectors such as chemicals, food and beverages, and packaging cements growth in the label applicator market.
Market Outlook for Label Applicators: Past and Future
On account of the increased need for goods that are properly marked and labelled, the global market for label applicators is projected to rise at a 5.4% CAGR between 2022 and 2028. Additionally, over the anticipated time, there is predicted to be an increase in knowledge of proper labelling among numerous end-use industries and brand owners, such as the food, beverage, and pharmaceutical industries.
Productivity and customer satisfaction can both rise along with time and money savings when products are transported quickly and effectively. Manufacturers who still manually label products have difficulties with next-level production and distribution process delays.
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Competitive Landscape
The key players operating in the label applicators market are eyeing expanding their presence by investing in operational facilities along with increasing their output capacity. Also, the players are launching innovative packaging and labelling technologies:-
- In November 2021, Gernep Worldwide partnered with Herma GmbH for integrating Herma 500 Rotary in their production line to apply labels at ketchup bottles.
- In October 2021, ProMach won the 2021 Technology Excellence Award at Pack Expo for its new rotary roll-fed labeller.
Key Companies Profiled
- ProMach, Inc.
- Herma GmbH
- Quadrel Labeling Systems
- Label-Aire, Inc.
- In-Line Labeling Equipment, Inc.
- ALTech UK labeling Technologies Ltd.
- Universal Labeling Systems
- Weber Packaging Solutions, Inc.
- CTM Labeling Systems
- JDA Progress Industries Ltd.
Label Applicators Market by Category
By Automation:
- Semi-Automatic
- Automatic
By Speed:
- Less Than 1,000 IPM
- 1001 – 2,500 IPM
- Above 2,500 IPM
*IPM- Inches per Minute
By Application:
- Bottles
- Vials
- Pouches
- Boxes & Carton
- Trays
- Others
Table of Content
1. Executive Summary
1.1. Global Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
2. Market Overview
2.1. Market Definition
2.2. Market Coverage
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
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