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Labeler Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2026 | Reports And Data
The global Labeler Market is expected to reach USD 7.29 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rise in the adoption of automatic labeling machines and emergence of packaging robots with advanced sensors, vision technology, and laser detection ability. Automatic labeling machine do not need…
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The global Labeler Market is expected to reach USD 7.29 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rise in the adoption of automatic labeling machines and emergence of packaging robots with advanced sensors, vision technology, and laser detection ability.
Automatic labeling machine do not need an operator. This machine is generally made of a labeling applicator, a conveyor – to transport the products, and a control system. Many organizations skip hand operated and semi-automatic machines for rapid expansion for equipment which provide high volume output. Automatic machines offer better packaging consistency and reduce production time. Labeling using automatic equipment also offer lower labor cost per unit than semi-automatic.High deployment costs may hinder the growth of the market.
Key participants include
Videojet, Markem-Imaje, Weber Packaging Solutions, Domino, Label-Aire, Pro Mach, Diagraph, Matthews, ALTech, Quadrel Labeling Systems, EPI Labelers, Panther Industries, Cotao, and XRH, among others.
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Further key findings from the report suggest
The market is segmented on the basis of equipment type into automatic, semi-automatic, manual and others.
The automatic labelers are forecasted to dominate the market in 2018 and also to witness the highest growth if 4.2% during the forecast period.
The automatic labelers are easy to use, reduces labor costs, increases production efficiency and is time saving for the end user industries.
The market is segmented on the basis of type into print and apply and apply only labelers. The apply-only labelers segment dominated the market in 2018, with a CAGR of 1.8% during the forecast period, since labeler applicators are simply used by industries at the end of the production.
The market is segmented on the basis of application into vials, glass/plastic bottles, glass/plastic jars, metal containers, cans and others. Glass/plastic bottles dominated the market in 2018, and is forecasted to grow at a rate of 3.4% during the forecast period, due to demand in food and beverage and retail industries.
The market is segmented on the basis of industry vertical into food & beverage, healthcare & pharmaceutical, retail, logistics & transportation, IT & electronics and others.
Use of labels by retailers to protect their goods against shoplifting and theft is driving the market for labelers in the retail segment. The segment dominated the market in 2018 and is forecasted to have a CAGR of 2.6% during the forecast period, closely followed by food and beverages.
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For this report, Reports and Data have segmented into the global Labeler market on the basis of resin type, composite phases, industry vertical, and region:
Equipment type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
Automatic
Semi-automatic
Manual
Others
Type Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
Print and apply
Apply only
Application Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
Vials
Plastic/glass bottles
Plastic/glass jars
Metal containers
Cans
Others
Industry vertical Outlook (Volume, Thousand Units; and Revenue, USD Billion; 2016-2026)
Food and beverages
Healthcare and pharmaceuticals
Retail
Logistics and transportation
IT and electronics
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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The post Labeler Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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