Owing to high wearing and low maintenance, aluminum tag and label is used to labeling for industrial equipment as assets plates. Low cost, high printability, and finishing are key features of aluminum tag and label which stands it unique from other metal tags and labels. Aluminum tag and label are available in two forms on the basis of thickness and applications such as foil and rigid label. Generally, foiled aluminum tag and label is an adhesive type and most preferred as tracking, identification, safety and caution label. Data matrix and QR code are commonly used techniques used for coding the aluminum tag and label. Aluminum tag and label is applied on widespread applications, such as for identifying, branding equipment and marking information, such as load limits, machine tolerance, operating instructions, rating, and safety information.
OEM Is Anticipated to Be Most Prominent End-User for Aluminum Tag and Label Market
The global demand for aluminum tag and label majorly depends upon the growth of the manufacturing sector. The ability of aluminum tag and label to withstand in extreme conditions for an extended period is attracting end-users to use labels for motors and equipment. Caution and safety labels for control panels are made up of aluminum as a result of its high durability and high printability.
Smart Aluminum Tag and Label Are Expected to Create Lucrative Market Opportunities for Key Players
Aluminum tag and label with the integration of RFID technology is anticipated to develop new market opportunities owing to an efficient tracking system for equipment in transportation and operations. The United States-based manufacturer of metal labels, Metal Kraft Inc. developed RFID enabled aluminum tag and label for industrial applications. Rising demand for RFID enabled aluminum tag and label is expected to show design level development among key players from North America and Europe.
Global Aluminum Tag and Label Market: Regional Analysis
In the global aluminum tag and label market, Europe is estimated to hold the largest market share closely followed by North America. Extensive OEM and machines manufacturing and exporting by European key manufacturers are anticipated to be responsible factors in the growth of aluminum tag and label market. Due to stringent regulations for labeling in industrial and electrical equipment from the United States, North American aluminum tag and label market is projected to witness fast-paced growth in the next five years. China and India are estimated to witness lucrative growth in the manufacturing sector, which tends to increase the demand for industrial tags and labels. Asia Pacific market is anticipated to be the most promising marketplace for global key players of aluminum tag and label market. Latin America and Middle East and Africa are expected to witness sluggish growth in the global aluminum tag and label market.
Global Aluminum Tag and Label Market: Segmentation
The global aluminum tag and label market is segmented by thickness, product type, attachment, and applications.
On the basis of thickness, the global aluminum tag and label market has been segmented into:
- Up to 0.20 mm
- 21 to 0.5 mm
- Above 0.5 mm
On the basis of product type, the global aluminum tag and label market has been segmented into:
- Foil Anodized Aluminum Tag and Label
- Rigid Anodized Aluminum Tag and Label
On the basis of attachment, the global aluminum tag and label market has been segmented into:
- Pressure-sensitive Adhesive
- Mechanical Attachment / Holes
On the basis of applications, the global aluminum tag and label market has been segmented into:
- Machine or Engines
- Legend Plates
- Asset Plates for Equipment
- Wall and Door Plates
- Locker and Key Tags
- Motor Controls
- Identification Tags
- Valve Tags for Pipes
Global Aluminum Tag and Label Market: Key Players
Following are key players operating in the global aluminum tag and label market are as follows:
- Horizons, Inc.
- Metalcraft, Inc.
- Ruihe Tags and Labels Factory
- Panduit Corp.
- Southern United Ltd.
- Data Graphics Inc.
- Hue-Tone Manufacturing (Pty) Ltd.
- Industrial Labels and Nameplates Limited
- Permark Industries Ltd.
- LINTEC Corporation
- Pannier Corporation
The aluminum tag and label market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The aluminum tag and label market report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on aluminum tag and label market segments and geographies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.