Global Automatic Labeling Machine Market: Overview
Automatic labeling machines are those devices that put spot labels on the back and front sides of oval, rectangular, square, or round vessels. The global automatic labeling machine market is likely to gain substantial traction in the gauged timeframe. New entrants will bring in technologically latest devices and innovation along with them. They are likely to propel the market towards prosperity and growth, observes TMR Research in a report on automatic labeling machine market.
The global automatic labeling machine market has been divided on the basis of type, end-user, and region. It is prophesized that the category of ‘shrink sleeve labelers’ is likely to expand at a very high CAGR over the period of forecast. In the end-user segment, food and beverages industry will contribute towards substantial growth of the global automatic labeling market.
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Global Automatic Labeling Machine Market: Notable Developments
Some of notable developments pertaining to the competitive landscape of this market are:
- Krones AG, one of the world’s leading manufacturer of filling and packaging technology, acquired US based W.M. Sprinkman Corporation. Post acquisition of Sprinkman, Krones AG together with its other recent acquisitions will improve the abilities of the House of Krones product portfolio in the region of North America. The product portfolio ranged from IT solutions to plastics recycling to process technology solutions to bottling and packaging equipment to intralogistics.
- Sidel Group has acquired PET Engineering last year to reinforce and diversify packaging solutions portfolio.
Some of the most prominent competitors operating in the competitive landscape of global automatic labeling machine market include
- Marchesini Group
- Krones AG
- Sidel Group
- HERMA GmbH
Global Automatic Labeling Machine Market: Growth Drivers
- Increasing Demand for Automation in the Food and Beverage Industry
The growth of the global automatic labeling machine market is triggered by factors such as rising need for automation in the food industry, rapid urbanization, escalating demand for packaging solutions for numerous products, and better economic condition. The rapidly evolving food & beverages industry across the globe need automatic labeling machines to a large extent for improved operations. Better economic scenario in emerging countries, growing demand for nutritious food, adoption of automated technology in labeling, growing health awareness, purchasing parity, and change in dietary habits of the people are propelling global food and beverage industry and packaging machinery industry. Growth of these two industries is directly proportional to the growth of global automatic labeling machine market
- Shrink Sleeve Labelers to Escalate Market Demand
Shrink sleeve labelers are comparatively a new type of machine in the global automatic labeling machine market. It has been rising to fame in the label industry as they use labels that allow full body design by making use of more color, impact, and graphics. The shrink-sleeve labelers are thriving in the market because the sleeve film waterproof, abrasion resistant, light, and durable. These sleeve films are also environment friendly as they are easily recyclable. Despite shrink sleeve labelers are costlier than other labeling machines, it is ideal for providing maximum brand promotion.
Global Automatic Labeling Machine Market: Regional Outlook
On the basis of geography, the global automatic labeling machine market is divided into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. The market in Asia Pacific is likely to grow at the highest growth rate during the period of forecast. The regional growth of the market is ascribed to the increasing consumer awareness regarding packaging, growing demand for packaging in the food industry, the need for high speed & high-quality labeling solutions, and increased demand for automated labeling solutions. Besides, Taiwan and China are the major exporters of automatic labeling machines in the APAC region.
The global automatic labeling machine market is segmented as:
- Self-Adhesive/Pressure-Sensitive Labelers,
- Shrink Sleeve Labelers
- Glue-Based Labelers
- Food & Beverages
- Consumer Products
- Personal Care
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