Labeling Equipment Market 2021, Scope and Price Analysis of Top Manufacturers Profiles, Market Growth Factors

Growth in adoption of automation techniques in labeling machines is a key factor propelling the market target growth
The Global Labeling Equipment Market accounted for US$ 3.80 billion in 2020 and is estimated to be US$ 5.80 billion by 2030 and is anticipated to register a CAGR of 4.30%. The report. "Global Labeling Equipment Market, By Technology (Pressure Sensitive/Self Adhesive Labelers, Glue-Based Labelers, Sleeve Labelers, and Others), By End-user (Food, Beverages, Pharmaceuticals, Personal Care, Chemicals, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

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Drivers:
Increase in adoption of automation techniques in labeling machines is a key factor driving the market during the forecast year. Automation in manufacturing processes is increasingly being implemented by several process industries to enhance their productivity and improve operational efficiency and rising demand in end-users also drives the market. Moreover, implementation of automation in product labeling reduces the requirement of human intervention, which minimizes the chances of human errors in the product packaging process also boost the market during forecast period. Time saving process also is the key driver.
Restrains:
However, high cost associated with the purchase of labeling equipment is expected to hinder the market. Moreover, printed packaging, which is anticipated to hamper the adoption of automated labeling equipment among users in diverse industrial sectors and subsequently, is estimated to hamper the market in the forecasting period.

Key Highlights:
• In October 2019, ProMach, a worldwide leader in packaging machinery solutions, declared that it has acquired Jet Label & Packaging, Western Canada’s biggest producer of labels for a variety of industries. The addition of Jet Label enlarges ProMach’s labeling and coding capabilities and provides customers across Canada with improved sales and support to keep their packaging operations running at peak efficiency.

• In September 2019, Matrix Packaging Machinery builds packaging machines that can run "green" films that are sustainable, compostable and recyclable? Matrix will be packaging coffee using a compostable film on its Morpheus form fill seal, as well as other compostable and recyclable films on its machines at PACK EXPO.

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Key Market Insights from the report:
The Global Labeling Equipment Market accounted for US$ 3.80 billion in 2020 and is estimated to be US$ 5.80 billion by 2030 and is anticipated to register a CAGR of 4.30%. The market report has been segmented on the basis of technology, end-user, and region.
• By technology, the pressure-sensitive/self-adhesive labelers segment is expected to register highest revenue share in the market as compared to the other segments in the coming years, owing to its capability of labeling without heat or glue.
• By end-user, he beverages segment in the labeling machines market presently leads the market in terms of revenue share, and is expected to maintain over the forecast period. This is mainly attributed due to growing manufacturing of beverage products including growing population, increasing disposable income, and increasing worldwide trend of consumption of health drinks.
• By region, Asia Pacific lead the global market for labeling machines with a revenue share of 41.6% in 2018 and is expected to maintain its dominance in the coming years. Increasing population, presence of several developing economies such as China and India, expanding food & beverage industry, and rising disposable income are among the factors subsidizing toward the demand for labeling machines in the regional market.

Competitive Landscape & their strategies:
The prominent player operating in the global labeling equipment market includes Krones AG, Sacmi Imola S.C., ProMach, Inc., Accutek Packaging Equipment Companies, Inc., Salzgitter AG, Quadrel Labeling Systems, Fuji Seal International, Inc. , Barry-Wehmiller Group, Inc., Tetra Laval International S.A., and I.M.A. Industria Macchine Automatiche S.p.A. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.

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https://www.prophecymarketinsights.com/market_insight/Global-Protein-Labelling-Market-By-3905

Global Pharmaceutical Packaging Equipment Market
https://www.prophecymarketinsights.com/market_insight/Global-Pharmaceutical-Packaging-Equipment-Market-245

About Report:
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Key questions answered in the report:

• What will the market growth rate of Labeling Equipment Market in 2026?
• What are the key factors driving the global Labeling Equipment Market?
• Who are the key manufacturers in Labeling Equipment Market space?
• What are the market opportunities, market risk and market overview of the Global Labeling Equipment market?
• What are sales, revenue, and price analysis of top manufacturers of Labeling Equipment Global market?
• What are sales, revenue, and price analysis by types and applications of Labeling Equipment Market?
• What are sales, revenue, and price analysis by regions of Labeling Equipment market?

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