Analysis of Industrial Labels Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The value of the global industrial labels market is set to reach US$ 66.7 billion in 2023 and increase to US$ 111 billion by 2033-end, expanding at a steady CAGR of 5.2% through 2033.
Industrial labels are a collection of cloth, paper, plastic, or other material that is generally affixed to any product. The motive of their affixation is to provide product operating instructions, visual information, advertising, textual information, and identification. These labels are made up of screen printing technology, digital printing, offset, flexography, barcode, and RFID (Radio-Frequency Identification).
There are a lot of benefits that are associated with industrial labels including anti-peel qualities, high pressure and temperature resistance, and moisture resistance. The appropriate use of labeling ensures brand awareness and plays a vital role to attract and retain customers. Labels are a piece of foil, paper, and plastic that is attached to any product to provide information about the same. Increasing requirement for packaged perishable products is likely to propel sales of labels in the coming years.
Significant growth in the organized retail sector is likely to contribute to the demand for high-quality labels. Further, labels are used at an increased rate to monitor the longevity of different products. In addition, some smart labels are also useful to keep a track of inventory across the retail industry. The effective use of plastic or polymer labels can ensure easy detection of inventory as units for stock-keeping. The retail chain is the key consumer of these industrial labels for their effective functioning.
In recent years, a noticeable expansion of the e-commerce industry along with increasing digitization is anticipated to stimulate demand for industrial color label printers. Furthermore, labeling is employed for the identification of various brands and to provide protection for numerous products from counterfeiting.
The market of industrial labels has experienced steady growth opportunities in terms of adoption owing to reduced costs of freight and storage. Furthermore, linerless labels have a lot of environmental benefits that are helpful to reduce waste with reduced consumption of plastic. Thus, based on these factors, the demand for industrial labels is predicted to contribute to market growth.
Industrial Labels Market Size (2023)
US$ 66.7 Billion
Estimated Market Value (2033)
US$ 111 Billion
Anticipated Growth Rate of Global Market (2023-2033)
Projected Share of U.S. Market in North America (2033)
Expected CAGR of the Germany Market (2023-2033)
Key Companies Profiled
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“Rising Adoption of Industrial Labels across End-Use Industries”
The worldwide industrial labels industry is estimated to experience growth opportunities owing to their growing acceptance by numerous end-use sectors including construction and transportation and logistics. In addition, the increasing requirements for these labels from consumer durable industries are also predicted to contribute to market growth.
The growing disposable income along with increasing urbanization is expected to increase the value of the industrial labels industry. A rapid increase in the production of consumer durable goods is also predicted to fuel demand for these labels. Noticeable expansion of the automotive industry and the rising popularity of different online designing tools have also been projected to stimulate demand for industrial printed labels.
“Technological Advancements in Industrial Label Printers”
In the area of industrial labels, various technological advancements are taking place. At present, manufacturers can build and apply certain specific labels to match the requirements of the products that are attributable to these technologies.
The introduction of different technologies including digital printing, barcodes, and RFID is likely to expand the requirement for these labels. Thus, based on these advancements, product innovation is ensured by key manufacturers in the industry.
“Availability of Numerous Sustainable Self-Adhesive Labels in the Market”
Increasing demand for sustainable products along with the rising number of initiatives taken by government & non-government bodies for the use of sustainable products is likely to create growth opportunities in the global market. Further, sustainable labels are offered by key operating players to cater to the rising demand for the same.
In addition, the same company has also entered into a partnership with Romei Replastic to convert the waste of labeling into new raw materials. It is helpful for people to find suitable recyclable solutions for different labels.
Increasing concentration on sustainability is making a shift in the packaging and labeling industry. The market availability of compostable self-adhesive materials can create growth opportunities in the target industry.
Thus, key market players are likely to adopt the trend of sustainability and offer sustainable labels that are self-adhesive.
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“High Cost of Labels and Price Fluctuations of Raw Materials”
Players need to invest a handsome amount to set up a labeling system. As a result, players are wary to invest in the production of labels. This financial factor is likely to serve as one of the biggest restrictions in the global market.
Fluctuating prices of different raw materials that are used to produce labels are also predicted to bring market limitations. However, the limited availability of these raw materials is estimated to hinder the growth rate of the global industry.
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“High usage of Industrial Labels across Different Sectors in North America”
The market in North America is estimated to hold a dominating position in the global market due to rising awareness about blank labels. In addition, a significant expansion of different sectors that include groceries, cosmetics, food, FMCG (Fast-Moving Consumer Goods), and many more will stimulate the adoption of industrial labels.
The Asia Pacific market is likely to grow at the fastest speed owing to significant growth in the e-commerce industries. Moreover, the growing production of consumer goods in the regional market is also predicted to propel sales of industrial labels.
“Ever-increasing Trend of Snacking in the U.S. Driving Demand for Label Stickers”
The U.S. market is estimated to hold around 82% of the total market share of the North American regional market. As per the information provided by the U.S. Food and Drug Administration, labeling of food products is required under the Federal Food, Drug, and Cosmetic Act. In addition, owing to the growing requirement for healthcare, nutrition, and food hygiene, the sales of industrial labels are likely to increase in the U.S. industry.
In recent years, the e-commerce sector is gaining traction in the U.S. market due to rapid innovation of technology along with ongoing digitalization across packaging & labeling industries. Constant changes in lifestyles are further leading to rising consumption of packaged processed food and ready-to-eat food items that also stimulate demand for different labels.
Growing snacking trend instead of meal consumption would foster the requirement for single-use and small pouches that are further expected to propel the demand for different labels across the nation.
The market of Canada is likely to progress at a CAGR of 4.4% through 2033 due to the rising demand for eco-friendly labels because of sustainable packaging and labeling solutions.
“Increased Demand for Frozen Food Driving Sales of Waterproof Labels”
The market of India is anticipated to progress at a CAGR of 8.9% through 2033.
Growing demand for perishable frozen packaged food products, including seafood, poultry, and meat is likely to bolster sales of different labels owing to shifting consumer preference for various convenient and packaged food items. The emergence of a lot of food delivery services and quick-service restaurants would foster growth opportunities in the respective industry.
“Demand for Convenience Foods Stimulating Sales of Branding Labels”
The Europe market is projected to grow at a noticeable speed in the coming years due to a rising preference for functional foods and ready-to-eat food items. The market of Germany is predicted to expand at a CAGR of 4.9% through 2033.
“Growing Demand for Pressure-Sensitive Packaging and Shipping Labels”
Based on product, the market is classified into equipment asset tags, weatherproof, branding, warning/security, and other types. Among these, weatherproof labels are likely to hold around 72% share in the global market owing to their easy application, environmentally friendly nature, and customizability. These labels are also compatible with high-definition printing.
Further, the warning/security labels are also likely to experience increased demand from different industries that include consumer durables, automotive, construction, and transportation & logistics.
“Huge Requirement for Industrial Labels in Transportation & Logistics Industry for Tracking Purposes”
The transportation and logistics industry is likely to contribute to increased demand for industrial labels. During the transportation process, labels play a pivotal role to provide required information to workers and consumers for easy and smooth delivery of products.
In recent years, people are giving preference to online shopping which is also likely to increase the demand for industrial labels. In the e-commerce industry, labeling is used for product identification, product description, product grades, and product promotion. People can easily identify brands and products with the use of appropriate labels.
Some of the key efforts that are taken by players to increase the sales of different labels include :
Major industrial label manufacturers include 3M Clabel, Brady Corporation, Henkel AG & Co. KGaA, H.B. Fuller Company, Fuji Seal International, Inc., Dunmore Corporation, and DowDuPont, Inc.
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The global industrial labels market is set to reach US$ 66.7 billion in 2023.
Worldwide demand for industrial labels is expected to increase at a CAGR of 5.2% through 2033.
The industrial labels industry is anticipated to reach a valuation of US$ 111 billion by 2033.
The market for industrial labels in India is predicted to expand at a CAGR of 8.9% through 2033.
Key industrial label manufacturers are 3M Company, Brady Corporation, Henkel AG & Co. KGaA, H.B. Fuller Company, Fuji Seal International, Inc., Dunmore Corporation, and DowDuPont, Inc.
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