A printing technique called “digital label printing” uses digital printing technology to create personalised labels for numerous applications. With this technique, high-quality labels can be printed in small or large quantities with variable data, including barcodes, serial numbers, and batch numbers. Due to its capacity to manufacture high-quality labels more quickly and inexpensively than conventional printing techniques, digital label printing has become increasingly popular in recent years.
Due to the rising demand for high-quality labels from numerous end-use industries, including food and beverage, healthcare, and consumer products, the global market for digital label printing is anticipated to experience considerable expansion in the next years. The market is expanding as a result of label printing businesses’ rising use of digital printing technology and the expanding trend of personalised packaging.
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Based on application, the market can be segmented into prime labels, promotional labels, and security labels. Prime labels are the most commonly used type of labels and are used for various applications, such as product identification and branding. Promotional labels are used for marketing and advertising purposes and are typically used on a temporary basis. Security labels are used for tamper-evident and authentication purposes and are commonly used in the healthcare and pharmaceutical industries.
In conclusion, the digital label printing market is expected to witness significant growth in the coming years due to the increasing demand for high-quality labels from various end-use industries and the adoption of digital printing technology by label printing companies. The increasing adoption of smart labels and the trend of personalized packaging are also driving the market growth.
Market Competition
Some of the key participants present in the global Digital Label Printing market include Canon Inc., AstroNova, Inc., Domino Printing Sciences plc., Print Process Corporation, Arrow Digital Private Limited, VIPColor Technologies Pte Ltd., Colordyne Technologies LLC, Seiko Epson Corporation, HP Inc., Mimaki Engineering Co. Ltd., Konica Minolta Inc., Samsung Label Printing Co., Ltd., Bharat Traders, Shijin Plastic Packaging Co., Ltd., LY Fashion Limited, Tangshan Wanjie Machinery Equipment Co., Ltd., Kingprint, Dongguan grandrise Co., Ltd., Dongguan Yuchang Garment Accessories Co., Ltd., Abundant Grace International Company Ltd., FORMTEC KOREA LTD, and LabelTraxx, among others.
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Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as Canon Inc., AstroNova, Inc., Domino Printing Sciences plc., Print Process Corporation, and Arrow Digital Private Limited, account for a considerable market size, several regional level players are also operating across key growth regions, particularly in Europe.
Key Players:
- Samsung Label Printing Co. Ltd.
- Bharat Traders
- Shijin Plastic Packaging Co. Ltd.
- Tangshan Wanjie Machinery Equipment Co. Ltd.
- Dongguan Grandrise Co. Ltd.
- FORMTEK KOREA LTD
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Key Segments Profiled in the Digital Label Printing Industry Survey
Digital Label Printing Market by System Type:
- Toner System
- Inkjet System
- Others
Digital Label Printing Market by End Use:
- Digital Label Printing Market for Converting Companies
- Digital Label Printing Market for Consumers
- Digital Label Printing Market for Packaging Companies
Digital Label Printing Market by Region:
- North America Digital Label Printing Market
- Europe Digital Label Printing Market
- Latin America Digital Label Printing Market
- Asia Pacific Digital Label Printing Market
- Middle East & Africa Digital Label Printing Market
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