The integrated labeling system market is likely to register a CAGR of 3.5% during the forecast period, up from US$ 1.98 Bn in 2022 to reach a valuation of US$ 2.8 Bn by 2032. During the forecast period, the integrated labelling system market is expected to show promising growth prospects. Sales of integrated labelling systems are expected to rise due to rising demand for nutritious food, purchasing power parity between countries, and improved consumer knowledge about packaged food.
The global integrated labeling system market is expected to grow in the coming years, driven by the increasing demand for automation and the need to reduce costs associated with manual labeling processes. The market is also driven by the increasing demand for better labeling solutions in the pharmaceutical industry, where labeling accuracy is critical for patient safety.
Furthermore, demand for integrated labelling systems is increasing as a result of a shift in customer attitudes of packaged items. The increased usage of integrated labelling systems to provide anti-tampering protection and ensure that the product reaches the consumer securely is also expected to add to the growth.
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How is the Competitive Landscape in the Integrated Labeling System Market
- Labeling System, LLC,
- Quadrel Labeling Systems,
- In-Line Labeling Equipment, Inc.,
- Harland Machine Systems Ltd.,
- Label-Aire, Inc.,
- Weiler Labeling Systems, LLC,
- CTM Labeling Systems, Inc.,
- MPI Label Systems, Inc.,
- Newman Labelling Systems Ltd., and
- CVC Technologies Inc.
are some of the companies operating in the integrated labeling system market. The integrated labeling system market is projected to be dominated by local and unorganised players.
Recent Developments
- Herma announced a robot-assisted pallet labelling system in March 2019 to improve the print and apply process by allowing for more flexibility in pallet labelling.
- Krones AG purchased W. M. Sprinkman LLC in October 2018 to expand the capabilities of the ‘House of Krones’ product line to include bottling and packaging equipment as well as plastics recycling.
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Market Benefits
- The study provides an in-depth analysis of the global integrated labelling system Market along with the current trends and future estimations to elucidate the imminent investment pockets.
- The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
- An extensive analysis of the market based on application assists in understanding the trends in the industry.
- The report presents a quantitative analysis of the market from 2022 to 2032 to enable stakeholders to capitalize on the prevailing market opportunities.
Which Region is Dominating the Integrated Labeling System Market
During the projected period, the sales of integrated labeling system in North America is expected to rise rapidly. North America is mostly concerned with packaged goods. Furthermore, rising markets like India and China are likely to make a significant contribution to the market growth for integrated labeling systems.
Due to the advancement of packaging materials and demand for automated integrated labeling solutions, the sales of integrated labeling system is likely to increase during the forecast period.
Taiwan and China are also the leading exporters of an automatic integrated labeling system in the APAC area. As a result, Asia-Pacific is predicted to dominate the global integrated labeling system market in terms of market value.
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
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