Global Industrial Labels Market, By Type (Warning/Security Labels, Equipment Asset Labels, Weatherproof Labels, Branding Labels), Mechanism (Pressure Sensitive Labelling, Glue-Applied Labelling, Heat Transfer), Raw Material (Metal Labels, Plastic/Polymer Labels) – Industry Trends and Forecast to 2029.
Global Industrial Labels Market Analysis and Size
According to a PayPal report from May 2018, 27 percent of US citizens had used domestic and cross-border e-commerce in the previous 12 months. As e-commerce and mobile commerce expand globally, both locally and across borders, there will be a demand for high-quality labels to be applied to things that must be sent around, making them easier to read and monitor. This would help to avoid things from becoming lost or delayed during transportation, resulting in market growth.
- Data Bridge Market Research analyses that the industrial labels market was valued at USD 52.94 billion in 2021 and is expected to reach USD 94.42 billion by 2029, registering a CAGR of 7.50 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Global Industrial Labels Market Definition
An industrial label is a collection of plastic, paper, cloth, or other material that is affixed to a product for visual, identifying, or textual information, advertising, or product operating instructions. They're made up of RFID, barcode, flexography, offset, digital printing, and screen printing technology and come with various benefits, including dust resistance, moisture resistance, high temperature and pressure resistance, and anti-peel qualities.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Type (Warning/Security Labels, Equipment Asset Labels, Weatherproof Labels, Branding Labels), Mechanism (Pressure Sensitive Labelling, Glue-Applied Labelling, Heat Transfer), Raw Material (Metal Labels, Plastic/Polymer Labels)
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Market Players Covered
H.B. Fuller Company (US), Henkel Ag & Co. KGaA (Germany), CCL Industries Inc. (Canada), Fuji Seal, Inc. (Japan), Brady Worldwide, Inc. (US), DUNMORE (US), AVERY DENNISON CORPORATION (US), 3M (US), Dow (US), Cenveo Worldwide Limited (US), Flexcon Company, Inc. (US), Saint-Gobain Group (France), HP Development Company, L.P. (US), Xerox Corporation (US)
Industrial Labels Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Rise in the Adoption of Industrial Labels Among Several End-Use Industries
The worldwide industrial labels market is expected to increase due to increasing acceptance of industrial labels across various end-use sectors such as transportation and logistics and construction. An additional factor projected to boost market expansion is the rising demand for industrial labels from consumer durables industries.
Furthermore, increasing level of disposable income and growing urbanization will drive market value growth. The market is being fueled by the growing production of consumer durable goods. The expansion of automotive industry and growing popularity of online designing tools are expected to boost market's growth rate.
In the field of industrial labels, there have been numerous technological advancements. Manufacturers have been able to build and use specific labels that match the needs of the product attributable to these technologies. The introduction of new technology such as RFID, barcodes, and digital printing will expand the demand for industrial labels. This will boost new market opportunities for the market's growth rate.
Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market's growth rate.
Restraints/ Challenges Global Industrial Labels Market
- High cost associated with labels and fluctuating prices of raw materials
Setting up the labelling system necessitates a significant financial expenditure. As a result, manufacturers are wary of investing in the level. One of the biggest restrictions in the market for industrial labels is this. Aside from that, fluctuating prices of raw materials used in label manufacture is a market limitation.
However, the low availability of raw materials will hinder the industrial labels market growth rate. The negative impact of COVID-19 outbreak on supply chain and lack of knowledge will act as market restraint and further challenge the market growth rate.
This industrial labels market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the industrial labels market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Industrial Labels Market
In 2019, a coronavirus epidemic occurred, resulting in a global pandemic of COVID-19. The virus's rapid spread has become a major source of concern for governments all over the world. The only way to keep the virus from spreading was to stay at home and keep a safe distance from other people. As a result, governments all over the world proclaimed a state of emergency, and all sectors were temporarily shut down. The COVID-19 outbreak wreaked havoc on several enterprises. The lockdown and social separation restrictions have a significant impact on the manufacture of many products. Due to a workforce scarcity, production work in various industries has decreased. Because production was halted, product supply could not keep up with demand. Due to a shortage of production, industries are not adopting industrial labels, which has influenced market trends for industrial labels. In general, the COVID-19 outbreak wreaked havoc on the industrial label market.
- In August 2020, Fresenius Kabi, a strong presence in Barcelona, announced the introduction of smart labels for a variety of critical pharmaceutical drugs. The new labels, including embedded RFID technology, are planned to be deployed this year for regularly used operating room drugs, with the first product launching in the coming month.
Global Industrial Labels Market Scope
The industrial labels market is segmented on the basis of type, mechanism and raw material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Warning/Security Labels
- Equipment Asset Labels
- Weatherproof Labels
- Branding Labels
On the basis of type, the industrial labels market is segmented into warning/security labels, equipment asset labels, weatherproof labels and branding labels.
- Pressure Sensitive Labelling
- Glue-Applied Labelling
- Heat Transfer
Based on mechanism, the industrial labels market is segmented into pressure sensitive labelling, glue-applied labelling and heat transfer.
- Metal Labels
- Plastic/Polymer Labels
The industrial labels market is also segmented on the basis of raw material into metal labels and plastic/polymer labels.
Industrial Labels Market Regional Analysis/Insights
The industrial labels market is analysed and market size insights and trends are provided by country, type, mechanism and raw material as referenced above.
The countries covered in the industrial labels market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
North America dominates the industrial labels market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing awareness among consumers and the rising number of government initiatives in this region.
During the projected period, Asia-Pacific is expected to be the fastest developing region due to the growth of e-commerce industries and rising production of consumer goods in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industrial Labels Market Share Analysis
The industrial labels market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial labels market.
Some of the major players operating in the industrial labels market are:
- H.B. Fuller Company (US)
- Henkel Ag & Co. KGaA (Germany)
- CCL Industries Inc. (Canada)
- Fuji Seal, Inc. (Japan)
- Brady Worldwide, Inc. (US)
- DUNMORE (US)
- AVERY DENNISON CORPORATION (US)
- 3M (US)
- Dow (US)
- Cenveo Worldwide Limited (US)
- Flexcon Company, Inc. (US)
- Saint-Gobain Group (France)
- HP Development Company, L.P. (US)
- Xerox Corporation (US)
Research Methodology : Global Industrial Labels Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available : Global Industrial Labels Market
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