Rapid Growth of Pressure-Sensitive Labels, Projected at 4.4% CAGR, Drives Global Label Applicators Market: FMI Study

The global label applicators market is poised for substantial growth, with a projected CAGR of 4.3% from 2023 to 2033, propelling the market value from US$ 2,959.6 million in 2023 to an estimated US$ 4,489.5 million by 2033. The industry, valued at US$ 2,816.6 million at the end of 2022, is anticipated to exhibit a Y-o-Y growth of 5.1% in 2023.

The food and beverage segment dominates the label applicators market, contributing to a cumulative share of about 45.8% in 2022 within the global market. Pressure-sensitive labels, holding over 70.6% market share, are the frontrunners in the label type category, expected to grow at a CAGR of nearly 4.4% over the forecast period.

The growing significance of smart labeling solutions, integrating with the Internet of Things (IoT) and technological advancements, is shaping the future of label applicators. These smart labels offer real-time

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In 2022, the industry was valued at US$ 2,816.6 million and is predicted to witness a Year-over-Year (YoY) growth of 5.1% in 2023. The food and beverage segment held a significant share of approximately 45.8% in 2022, reflecting its crucial role within the global market.

Pressure-sensitive labels, claiming a dominant market share of over 70.6%, lead the label applicators landscape and are projected to sustain growth at a nearly 4.4% CAGR over the forecast period. Technological strides and the rise of the Internet of Things (IoT) have amplified the demand for smart labeling solutions, capable of integrating real-time tracking, temperature monitoring, and authentication features, particularly within sectors like logistics and pharmaceuticals.

Moreover, the market is responding to the growing demand for environmentally-friendly labeling options, as manufacturers seek label applicators that facilitate the use of recyclable materials and biodegradable labels, aligning with evolving sustainability norms. With an estimated incremental growth opportunity exceeding US$ 1.6 billion and 1.6 times the current market value through 2033, the Label Applicators Market promises a lucrative and dynamic future.

Industry Growth Drivers: 

  1. Rising Demand for Efficient Packaging Solutions:
    • The increasing need for streamlined and efficient packaging processes across various industries is propelling the demand for label applicators to enhance packaging speed and accuracy.
  2. Automation in Manufacturing Processes:
    • The growing trend toward automation in manufacturing is driving the adoption of label applicators, as they contribute to increased efficiency, reduced labor costs, and minimized errors in labeling.
  3. Stringent Regulatory Compliance Requirements:
    • Stringent labeling and packaging regulations imposed by regulatory bodies in various industries, such as food and pharmaceuticals, are fueling the demand for label applicators to ensure compliance and traceability.
  4. Expansion of E-commerce and Retail Sectors:
    • The booming e-commerce and retail sectors, with their emphasis on branding and product presentation, are major growth drivers for the label applicators market, as businesses seek ways to enhance the visual appeal of their products.
  5. Advancements in Labeling Technologies:
    • Ongoing technological advancements in labeling, including innovations in materials, printing techniques, and smart labeling solutions, are driving the adoption of label applicators to keep pace with evolving industry standards and consumer preferences.

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Trends in the Label Applicators:

  1. Smart Labeling Technology: The integration of smart labeling technologies, such as RFID (Radio-Frequency Identification) and NFC (Near Field Communication), is a rising trend, enabling enhanced tracking, authentication, and communication with consumers.
  2. Industry 4.0 Integration: Label applicators are adopting Industry 4.0 principles, incorporating IoT (Internet of Things) connectivity and data analytics to optimize production processes, improve quality control, and reduce downtime.
  3. On-Demand Label Printing: The trend towards on-demand label printing is gaining traction, allowing businesses to print labels in smaller quantities as needed, reducing waste and providing greater flexibility in labeling options.
  4. Augmented Reality (AR) Labels: The use of augmented reality in labels is an emerging trend, providing interactive and engaging experiences for consumers by overlaying digital information on physical product packaging.
  5. Advanced Material Adoption: Label applicator manufacturers are increasingly using advanced materials, such as sustainable and durable substrates, to meet evolving customer preferences and regulatory requirements while ensuring label longevity and quality.

Key Companies Profiled              

  1. ProMach, Inc
  2. Herma GmbH
  3. Advanced Labeling Technologies
  4. Accraply, a Barry-Wehmiller company
  5. Nita Labeling Systems
  6. Accutek Packaging Equipment Company, Inc.
  7. Advent Label Applicator Co
  8. CTM Labeling Systems
  9. SACMI Group
  10. Krones AG
  11. ILTI s.r.l.
  12. Aesus Packaging Systems Inc.
  13. APACKS
  14. Nautilus Systems Inc
  15. Worldpack Automation Systems PVT. LTD.
  16. Phoenix Italia S.r.l.
  17. Auto Labe
  18. B & H Labeling Systems
  19. CDA-USA, Inc.
  20. Label Pack Automation, Inc.
  21. ADR AG
  22. Videojet Technologies, Inc.
  23. Primera Technology, Inc.
  24. Label-Aire, Inc
  25. Alpha-Pack Group
  26. ERDA BILIMSEL ARASTIRMA EGITIM HIZMETLERI LTD. STI.
  27. Etisoft Sp. z o.o.
  28. Weyfringe Barcode Labelling Systems
  29. Maharshi Group

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Global Label Applicators Market Segmentation by Category

By Automation:

  • Automatic
  • Semi-automatic

By Machine:

  • Linear
  • Rotary

By Operating Speed:

  • Up to 70 products/min
  • 71 to 120 products/min
  • 121 to 150 products/min
  • Above 150 products/min

By Packaging Application:

  • Bottles
  • Vials & Ampoules
  • Pouches & Bags
  • Boxes & Carton
  • Trays & Clamshells
  • Jars
  • Cans
  • Cups & Tubs
  • Blister Pack
  • Tubes
  • Stick Packs & Sachets

By Label Type:

  • Pressure Sensitive Labels (PSL)
  • Shrink Labels
  • Stretch Labels
  • Sleeve Labels
  • Wet Glue Labels
  • Hot Melt Labels
  • Others (In-mold, Pre-gummed, etc.)

By End Use:

  • Food
    • Ready-to-Eat/Snacks
    • Dairy Products
    • Bakery & Confectionery Products
    • Fresh Produce Products
    • Meat, Seafood, and Poultry
    • Sauces, Dressings, and Condiments
    • Other Food Products
  • Beverages
    • Alcoholic Beverages
    • Non-alcoholic Beverages
  • Personal Care & Cosmetics
  • Home Care
  • Chemicals & Fertilizers
  • Pharmaceuticals
  • Electrical & Electronics
  • Shipping & Logistics
  • Other Industrial

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia & Belarus
  • Balkan & Baltic Countries
  • Middle East & Africa

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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