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Labeling equipment includes different kinds of machines which are used for making the labels, applying the labels on the product. Label is an important element for any product. Label provides all the information about the product such as price, material used for the product, name of the manufacturer and date of manufacturing. By using good quality labeling equipment, good quality label can be produced which is more attractive and clear. The type of labeling equipment varies from automated labeling equipment to simple manual labeling equipment. Labeling equipment is used in various industries such as packaged foods, pharmaceuticals, and fast moving consumer goods (FMCG). Rising demand for packaged products is driving the growth of labeling equipment market.
Labeling equipment are getting technologically advanced. Automated labeling machines provide better efficiency, good quality labels. From consumer’s point of view, label is most important to get the information about the product. Automatic labeling machine are widely used in the industry. These machines are adjustable according to the shape and size of the product. The automated labeling machines are used for printing purpose as well as to apply the label on the product. There is variety of materials which is used to make the labels so that it can be apply on different type of products. Manufacturers use the labels for the shipping address, barcode purpose. Various types of label machines are available which provides fully automated labeling which prints and apply the label and semi-automated machines, which either print the label or apply the label. Companies in different sectors such as food and beverage, pharmaceuticals and e-commerce are producing more packaged products, hence this can be the driving factor for labeling equipment market growth.
The labeling equipment market trends are:
Companies in label equipment market are trying to innovate their product range so that they can operate more effectively and efficiently. These automated machines are capable of performing multiple tasks in less time.
In September 2019, Herma US, a subsidiary of Herma-Gmbh, a German company, which provides labeling machinery has launched a new ultra compact labeling machine named as The Herma 211 HC. This labeling machine is very useful particularly in pharmaceutical industry. Various types of pharmaceutical products can be labeled by using The Herma 211 HC. Pharmaceutical products includes syringes, tubes and vials. This labeling machine is capable of printing the accurate labels and it can also identify and reject any defective label. The Herma 211 HC is capable of applying 30 labels per minute and also can be used to label the products ranging between 10 mm-120 mm diameter. This machine is suitable for continuous working as well.
Some companies are involved in mergers and acquisitions for the development of new technology. In February2019, Multi-color corp. by WS packaging group, which is North America’s leading label converter was acquired by Platinum equity LLC.
Considering the demand for packaged products such as packaged foods, mineral water, companies will require more number of automated labeling machines. Hence, this will help in the growth of labeling equipment market.
Though automated labeling equipment has many benefits, it also comes with some challenges such as,
These challenges need to addressed, because these challenges can be an obstacle for the advancement of labeling machine.
Key benefits of the report:
Key Market Segments
Key Market Players