According to Stratistics MRC, the Global Industrial Labels Market is accounted for $54.10 billion in 2020 and is expected to reach $95.69 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Increasing production of consumer durable goods, the growing automotive industry, and the rising popularity of online designing tools are driving the market growth. However, the rise in raw material cost is hampering the growth of the market.
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Based on the type, the warning/security labels segment is going to have lucrative growth during the forecast period due to the increasing demand for these labels in industries such as construction, automotive, consumer durables, and transportation & logistics because of various features offered by this type such as identify hazards/risks involved, attract attention to warnings, convey security messages, and provide product-related information. By geography, Asia Pacific is going to have high growth during the forecast period owing to the emerging economies in China, Southeast countries, and India, urbanization, industrialization, excellent PEST (political, economic, social, and technological) conditions, and rapid growth in the consumer durables, marine, logistics, and aerospace industries in countries in this region.
Some of the key players profiled in the Industrial Labels Market include Xerox Holdings Corporation, Canon Finetech Inc., Henkel, Cenveo, Fuji Seal International, Dunmore Corporation, CCL Industries, H.B. Fuller, Brady Corporation, Avery Dennison, 3M, HP Indigo Labels Printing Solutions and Dupont.
Types Covered:
• Weatherproof Labels
• Informative
• Grade
• Warning/Security Labels
• Equipment Asset Labels
• Descriptive
• Branding Labels
• Other Types
Technologies Covered:
• Identification Technology
• Printing Technology
Mechanisms Covered:
• Pressure Sensitive Labeling
• Heat Transfer
• In-Mold
• Heat-Shrink & Stretch Sleeve
• Glue-Applied Labeling
• Other Mechanisms
Raw Materials Covered:
• Rubber
• Metal Labels
• Inks
• Cloth or Fabric
• Bio Stone
• Adhesives
• Plastic/Polymer Labels
• Paper
Functions Covered:
• Primary Packaging Labels
• Secondary Labels (Retail)
• Motor Vehicles
• Mailing & Shipping Labels
• Decorative Labels
End Users Covered:
• Transportation & Logistics
• Construction
• Personal Care
• Electronics Industry
• Consumer Durables
• Chemicals
• Food and Beverages
• Pharmaceuticals
• Cosmetics & Toiletries
• Automotive
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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