The print and apply labelling and labelling equipment market is estimated to grow at a CAGR of 4.8 percent from 2022 to 2026. The importance of labeling and packaging in brand management has evolved dramatically over time, as the modern user’s capacity to better understand what is within the product he or she decides to buy has risen exponentially. While the market for automatic labelling equipment is increasing rapidly, prominent manufacturers are attempting to improve their product offerings via the use of next-generation technological advancements.
Key Highlights of the Labelling Machine Market
Shree Bhagwati Machtech (India) Pvt. Ltd. labelling machines are developed for a wide array of uses due to their compact construction and simple operation. This system also has a plethora of functions that are beneficial to the packaging sector. The inclusion of sensors, automated reject systems, vision systems, and other systems into automatic labelling machines is projected to be one of the enduring trends during the projection period.
For example, Wraparound Labeler, a flexible, high throughput labelling machine capable of wrapping, can be readily incorporated into new and existing manufacturing lines, and is available from Shree Bhagwati Machtech (India) Pvt. Ltd. The innovative gadget can mark many goods on the front or back at the same time. The firms want to further expand this market area and optimise technologies and services with the aid of their experience and skills.
According to credible sources, end-user demand for RFID (radio frequency identification) labelling solutions is consistently expanding, responsible for roughly one-fourth of the international market for labelling equipment. The rising price of automatic labelling equipment has been a key element in the industry’s growth. When labelling is done in big quantities, the total cost plays a vital role, making it commercially possible in such instances.
The FDA, in particular, has loosened product labeling requirements, which is intended to facilitate boosting the marketing of prepackaged meals by restaurateurs, resulting in an efficient distribution network of products to the customers. Moreover, due to customers hoarding supplies during the COVID-19 lockdown, the food quality testing and manufacturing businesses are projected to operate at max potential.
Print and Apply Labeling Machines Market Trends
Food and beverages will account for a sizable portion of the labelling machine market.
The market is being driven by the need for automation in the foodservice industry. As customers become more concerned with product specifics, labels play an important function in delivering details regarding the product and driving sales. To accommodate the increased requirements from the food and beverage industry, manufacturers are transitioning to automatic labelling systems.
According to some solid research, 73% of food and drink firms are involved in automated manufacturing techniques. In contrast, warehousing and transportation automation employs 46% of the workforce. These and other factors will propel the market growth for labelling machinery, and print and apply labels.
As sleeve film is light-sensitive, tear-resistant, long-lasting, and impermeable, the market for shrink-sleeve labelers is increasing. These labels on the bottles and containers can be completely removed, enabling for reuse of the item.
Additionally, 94% of food packing processes are already employing automation, according to a study from a significant source. A third of businesses use automation in the food industry. Manufacturers now significantly rely on technology since the idea of decentralised “power” has been extended to packaging machinery as well.
The Asia Pacific is Expected to Account for a Sizable Market Share in Labelling Machines
Expanding urbanisation, rising processed food consumption, cheap access to polymer films, and comparatively, low labour costs are the main driving drivers in the Asia-Pacific area. The usage of shrink and stretch sleeves, which are economical options for adorning containers with very complicated designs, is anticipated to see a substantial increase in the price-sensitive South-East Asian market.
FMCG product utilization is anticipated to rise along with the requirement for refreshments as well as personal hygiene products. And, skincare, food, and health care industries are some of the few sectors that have seen a significant increase in the application of print labels in the nation.
These industries see high demand because of the area’s large demographic. The Chinese market is expanding quickly. The market for print labels has grown as a consequence of the use of more effective technology to create superior-quality products. As well as because of the necessity for faster & quality labelling solutions, and packaging needs in the food business.
Competitive Landscape for Print and Apply Labelling Machinery
The print and apply labelling and labelling machinery markets are highly diversified, with various small and medium enterprises present across continents. The increased need for customisation leads to the emergence of small and medium businesses that can meet the demands of a number of customers.
The massive increase in exports in nations like China, Japan, and India is a consequence of the packaging sector’s rise, which has been aided by automated packaging techniques. Businesses in these areas have been able to boost production while making smaller infrastructure investments thanks to the accessibility of inexpensive labour. And because of the global nature of business, some organizations might aggressively cut into the customer base of competitors from the advanced economies.
The Bottom Line
This report provides insight into the labelling machine market trends and big determinants driving the market. It discusses the expanding industries that will profit from the print and apply labelling machine, as well as why automation in labelling machines is driving its global expansion, and who are major players in the labeling machine market.