Label Printing Machines Market Forecast, Trend Analysis & Competition Tracking - Global Industry Insights 2015 to 2031

Label Printing Machines Market: Introduction

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A label printer is a device for printing on self-adhesive label materials and cardstock (tags). Label printers are different from ordinary printers since they require a special paper feeding mechanism to handle rolls or tear-off (folding) paper stocks. Label printing machines use a variety of label materials, including paper and synthetic polymer plastic materials. Several types of printer mechanisms are also used, including lasers and shocks, and among these thermal printer mechanisms are probably the most common.

Global Label Printing Machines Market Revenue Outlook:

The global label printing machines market revenue was valued at US$ 5.3 Bn in 2020 and is projected to register а САGR of 5% by 2031.

Nonetheless, various industry players in the global label printing machines market are now increasing their focus towards the establishment of successful collaborations, acquisitions, and joint venture activities as a means to enhance their respective customer bases. In doing so, these players are also increasing their supply capabilities to meet customer requirements on a local and global scale. This factor, paired with promising industrialization prospects in developing economies of the Asia-Pacific region, such as China, India, Taiwan, Indonesia, etc., are expected to create massive business opportunities for key players over the forecast period.

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Factors that are increasing the demand for label printing machines

Increasing demand for flexible packaging solutions has led to an boost in demand for label printing machines, which is expected to fuel the revenue growth for this target market over the forecast period.  In addition, increasing demand for faster and shorter printing runs and greater flexibility and customization is expected to proliferate the revenue growth for the label printing industry. Several printers manufacturers are investing in Management Information Systems (MIS), which uses special color inspection and performance software technology, coupled with fully automated line setting systems. This factor is expected to boost the revenue growth for this target market.

Opportunities for the Global Label Printing Machines Market

Leading brands of several consumer products need high-quality printed film materials to mark shampoos, toiletries, industrial products, etc. In order to fulfil consumer demand, there is increasing demand for label printing and processing from the printer manufacturers and processors. This is another factor that is expected to create revenue growth opportunities for label printing machine manufacturers.

COVID–19 Impact

The COVID-19 pandemic has severely impacted several industries, including electronics and semiconductors, with significant disruption in manufacturing and day-to-day business operations. The subsequent global lockdown has severely affected economies around the world. On the other hand, shutting down China's production has forced other consumer electronics manufacturers to delay final product development and has caused disruptions in industrial supply chain activities. This factor is expected to limit the revenue growth for this target market to a certain extent.

Region-wise Analysis

The global label printing machines market is segmented into North America, Europe, APAC, South America, and MEA. Asia-Pacific region is anticipated highest share among regions due to rapid urbanization and increasing adoption of technological developments in several industrial systems. This is another factor that is expected to proliferate the demand and sales for label printing machines during the forecast period in these regions.

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Competitive Landscape

Some of the leading manufacturers operating in the label printing machines market include

• IMA – Industria Macchine Automatiche S.p.A
• GoDEX International Co., Ltd.
• TSC Auto ID Technology Co., Ltd.
• Brother Industries, Ltd.
• Shandong New Beiyang Information Technology Co., Ltd.
• Brady Corporation
• SATO Holdings Corporation
• Honeywell International, Inc.
• Seiko Epson Corporation
• Zebra Technologies Corporation
• Citizen Systems
• Other Key Industry Players

Some notable developments in the market include:

• Mitsubishi Hitec Paper Europe is an innovator of high-quality coated specialty papers and has gained global recognition for manufacturing environmentally friendly and versatile bottomless paper labels.

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Segments Covered

Label Printing Machines Market, By Product Type

• Desktop Printers
• Industrial Printers
• Mobile Printers

Label Printing Machines Market, By End-Use Industry

• Manufacturing
• Packaging
• Transportation & Logistics
• Retail
• Others End-Use Industries

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