The market for labeling software generated US$ 519.5 million in 2021 and is anticipated to grow 6.5% year over year to reach US$ 553.8 million in 2022. The market is expected to increase to US$ 975.8 Million by 2032 as a result of the increasing assistance from various governmental bodies. During the forecast period, a 5.8% CAGR is expected in the trade.
The development of the labeling software market is influenced by a number of factors, including the strengthening of the economy, urbanization, increased packaging need for a wide range of products, and rising interest in automation in the food sector. In order to help brand a variety of products, the product maker is also searching for adaptable labeling software.
Because of the rising demand for accurate labeling, the market for labeling software is growing. The e-commerce market’s rapid expansion has led to an increase in labeling software as well. Due to their simplicity of use and significant time and money savings, these systems automatically become the best choice for businesses that deal in a variety of items.
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The report predicts that the market for labeling software will be highly profitable for big businesses. Many developing countries are making major financial improvements, opening up appealing opportunities for market participants.
Key Takeaways from the Market Study
- Based on deployment mode, the joint on-premises segment is expected to record a 5.5% CAGR by 2032
- By Enterprise size, the large enterprise’s segment is to expand at a 5.3% growth rate during the forecast period
- The U.S market to garner US$ 348.2 Million and record a 5.6% CAGR from 2022-2032
- Market in China to procure US$ 72.4 Million, expanding at a 5.5% growth rate during the assessment period
Competitive Landscape
- Eminent players in the global Labeling Software Market include Blue Software Llc, Cybra Corporation, Data Systems International Inc. (Dsi), Endicia, and Euro Plus Ltd. among others. Recent key developments among players include:
- In March 2020- CYBRA Corporation announced the addition of support for Epson Colorwork color inkjet printers. Ideal for high-mix label requirements, Epson ColorWorks printers deliver dependable, commercial inkjet printing with fast-drying, durable color inks while reducing the cost of using pre-printed labels.
- In February 2022– Dun & Bradstreet Holdings, Inc. a leading global provider of business decisioning data and analytics, and Google Cloud, today announced a 10-year strategic agreement to leverage Google Cloud for infrastructure modernization and jointly innovate new industry-specific solutions and services to help businesses operate more efficiently.
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Labeling Software Market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on Deployment Mode (On-Premises, Cloud) by Enterprise Size (SME, Large Enterprises) by End-user(FMCG, Retail, Healthcare, Warehousing & Logistics, Others) and Region (North America, Latin America Europe, APAC, and Middle East & Africa)
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Key Segments Covered in the Labeling Software Industry Survey
Labeling Software Market by Deployment Mode:
- On-Premises Labeling Software
- Cloud-based Labeling Software
Labeling Software Market by Enterprise Size:
- Labeling Software for SMEs
- Labeling Software for Large Enterprises
Labeling Software Market by End-User:
- Labeling Software for FMCG
- Labeling Software for Retail
- Labeling Software for Healthcare
- Labeling Software for Warehousing and Logistics
- Labeling Software for Other End Users
Labeling Software Market by Region:
- North America Labeling Software Market
- Latin America Labeling Software Market
- Europe Labeling Software Market
- APAC Labeling Software Market
- The Middle East & Africa Labeling Software Market
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Labeling Software Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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