Rising Use of Industrial Labels to Increase Awareness about Nutritional Value and Ingredient List on Products: Fact.MR Report

FACT.MR
FACT.MR

Rapid growth of e-commerce platforms around the world will stimulate demand for industrial labels, says Fact.MR in its recent market report.

Rockville, Dec. 05, 2022 (GLOBE NEWSWIRE) -- According to the latest published research report by Fact.MR, a provider of market research and competitive intelligence, the projected value of the industrial labels market is US$ 111 billion for 2033-end. Worldwide demand for blank labels is likely to increase at a CAGR of 5.2% from 2023 to 2033.

Being aware of the supply chain, disposal, product origin, and other things is a vital part of any product manufacturer. Industrial labels are being used at an increased rate to provide information about products. In addition, these labels enhance the appearance of products.

Labels can be of different types, including paper, fabric, plastic, and other materials that are commonly applied to various products for instructions, advertising, and identification. Industrial labels also comprise barcodes, digital printing, flexography, RFID (Radio-Frequency Identification), offset, and other features. Anti-peel, high-temperature resident, pressure-resistant, dust-resistant, and moisture-resistant are some pivotal properties of these labels. Manufacturers can get a competitive edge in the market with the development of user-friendly products. Customization of products in terms of size, shape, etc., is further predicted to bolster the demand for these products.

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Counterfeiting has become a noticeable problem that is having a direct impact on manufacturers by affecting their sales and revenue. The adoption of codes or barcodes on various industrial labels is helpful in reducing counterfeiting.

Key Takeaways from Market Study

  • Sales of industrial labels are likely to increase at a CAGR of 5.2% through 2033.

  • The U.S. market is likely to hold 82% share of the North America market by 2033-end.

  • Valuation of industrial label sales are estimated to reach US$ 111 billion by 2033.

  • The market in Germany is likely to progress at a CAGR of 4.9% through 2033.

Increasing use of Industrial labels by manufacturers to keep a record of the product and the supply chain is predicted to propel their demand in the global market,” says a Fact.MR analyst.

Segmentation of Industrial Labels Industry Research

  • By Product :

    • Warning/Security

    • Branding

    • Weatherproof

    • Equipment Asset Tags

    • Others Types

  • By End Use :

    • Transportation & Logistics

    • Construction

    • Automotive

    • Consumer Durables

    • Other End Uses

  • By Material :

    • Polymer

    • Metal

  • By Region :

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East & Africa

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Report Attributes

Details

Industrial Labels Market Size (2023)

US$ 66.7 Billion

Estimated Market Value (2033)

US$ 111 Billion

Anticipated Growth Rate of Global Market (2023-2033)

5.2% CAGR

Projected Share of U.S. Market in North America (2033)

82%

 

Expected CAGR of the Germany Market (2023-2033)

4.9%

 

Winning Strategy
Rising use of industrial labels to help people know about product specifications, identification of brands, and improve their aesthetic presence is likely to bolster growth opportunities in the global market.

The players are investing a handsome amount to get a competitive edge in the global market.
For instance,

  • CCL Industries in December 2021 invested in its HP Indigo press in Canada at the CCL Label Healthcare facility. It is the first HP Indigo 35K Digital Press in the world.

Key Companies Profiled

  • 3M Company

  • Brady Corporation

  • Henkel AG & Co. KGaA

  • H.B. Fuller Company

  • Fuji Seal International, Inc.

  • Dunmore Corporation

  • DowDuPont, Inc.

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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global industrial labels market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.

The study divulges essential insights into the market on the basis of product (warning/security, branding, weatherproof, equipment asset tags, other types), end use (transportation & logistics, construction, automotive, consumer durables, end uses), and material (polymer, metal), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

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