"Increasing Demand from End-Use Sector Ensure Rapid Growth for Label Applicator Market"

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. The label applicators are used for various labels, which include smart labels, RFID labels, source tagging, and holographic labels. These machines are used among the end-use sectors to increase the productivity of the plant by reducing human efforts, resulting in improving efficiency.

The label applicator market is driven by factors such as increasing demand in various industries such as personal care and cosmeceutical, chemicals, food and beverages, and other industries. Furthermore, the label applicators industry is also experiencing a technological shift, which has significantly enabled companies to develop innovative products. Such developments drive the growth of the label applicator market. However, the high cost of labeling machines is likely to hamper the market growth during the forecast period.

"Label Applicator with Food and Beverages in its End-User Segment Continue Dominating the Market"

In 2018, the overall label applicator market was led by the food and beverages segment that contributed the highest percentage of the market share of over 50% of the total revenue generated globally. The demand for label applicator is increasing among various food and beverages industry due to increasing demand from the consumers. The label applicator enables the operators to place the product on to the machine and the machine starts sticking the labels on it. The using of label applicators results in print or stick the label on the accurate place on the product with precision and accuracy, which improves the quality of the finished good.

"North America Dominates the Market by Region"

Label applicator market was led by North America by contributing over 38% of the total market due to the strategic developments initiated by key players such as Pro Mach, Inc., Quadrel Labeling Systems, Label-Aire, Inc. and others. Additionally, the advances in countries such as US and Canada in the region is also driving the market. Various companies are investing highly in developing new machines. The rising demand for labels in various industries such as packaging, chemicals, food and beverages is increasing due to various government regulatory, which also increases the demand for the label applicators in the market.

Some of the prominent players operating in the label applicator market include Herma GmbH, ProMach Inc., Quadrel Labeling Systems, In-Line Labeling Equipment, Inc., Universal Labeling Systems, JDA Progress Industries Ltd., Label-Aire, Inc., CTM Labeling Systems, ALTech UK labeling Technologies Ltd., Novexx Solutions GmbH, Weber Packaging Solutions, Inc., RJ Packaging Corporation, and Videojet Technologies, Inc.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Label Applicator market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Label Applicator market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Label Applicator market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Label Applicator market?
• Which is the largest regional market for Label Applicator market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Label Applicator market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Label Applicator market worldwide?