Globally, the label applicator market is expected to grow with a CAGR of 5.8% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$2.50 Bn. Label applicator is a type of machine that is used to apply pressure-sensitive labels directly on to various products such as packages, containers, bottles, or drums. These machines are loaded with the rolls of labels, which are later applied to the products. The label applicators have self-adhesive labels, which can generate gum on the other side of the label that can be stick on the products with pressure.
Globally, the digital textile printing market is expected to grow by a CAGR of 16.0% during the forecast period from 2021 to 2029, up from US$ 2.24 Bn in 2020. The growth of the market is attributed to the increasing adoption of digitalization in the textile industry. The technological advancement across the world has changed the way the organization operates. Organizations are going through a phase of digital disruption and becoming more ubiquitous to enhance operational efficiency. The printing and textile industry is following the trend and digitalizing their business process.
Interactive whiteboards are slowly making their way through conventional blackboard teaching methods and are slowly changing the face of modern education system. Realizing the power of interactive learning, several educational institutes, colleges, and universities are replacing their blackboards and simple whiteboards with advanced interactive whiteboards.
Book papers are also known as publishing paper which is designed for the publication of printed books. Paper manufacturing is a highly capital, energy, and water-intensive industry. It is also one of the highly regulated industries in every region due to its resource-intensive nature and its negative impact on the atmosphere. The book papers market is expected to show moderate growth due to increasing competition from the electronic media.
