Labelling and Coding Machinery Market: An Overview
Over recent years, governing bodies are continually imposing regulations regarding the labelling of packaging materials to ensure the safe handling and security of the material. Therefore, the labelling and coding manufacturers are compelling the niche market to follow government regulations and avoid penalties. Such labelling and coding also help to ensure safe transportation and reduce the piracy threat of the product. The manufacturers are using the technological advancements such as barcodes, QR codes to track the products which are useful to know various properties of the product which includes directions of usage, condition of the product and its date of manufacturing & expiry. Such traceability is useful in food & beverage products, automotive products, and aerospace products which is why it is expected that the global labelling and coding machinery market to grow during the forecast period.
Labelling and Coding Machinery Market: Dynamics
The factors which drive the global labelling and coding machinery market are identity & security protection, tracking of product during transportation, recent developments in technological advancements which is useful in easy handling the product, increase in the automation industry and the growing need of packaging solutions. Other factors such as self-branding or self-promotion of the product, use of graphics, lamination to attract the consumers are also some other key driving forces which drive the global labelling and coding machinery market.
The factors which restrain the global labelling and coding machinery market are cost of machinery and cost of labelling as it depends on type of labelling, its size, amount of details required and specifications of the labelling. The manufacturers are expected to consider the labelling and coding as an additional cost since it majorly designed and implemented for the sake of consumers than that of seller.
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Labelling and Coding Machinery Market: Segmentation
The labelling and coding machinery market is segmented on the basis of type of end-use, technology, type of machinery and type of labellers
The labelling and coding machinery market is segmented on the basis of technology as
- CIJ printing and coding
- Laser coding and marking
- Thermal inkjet
- Thermal transfer overprinting
The labelling and coding machinery market is segmented on the basis of type of machinery as
The labelling and coding machinery market is segmented on the basis of type of labellers as
- Self-adhesive or pressure sensitive labellers
- Shrink sleeve labellers
- Glue based labellers
The labelling and coding machinery market is segmented on the basis of type of end-use as
- Food and Beverages
- Personal care and Cosmetics
- Transportation and Logistics
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Labelling and Coding Machinery Market: Regional Outlook
North America and Europe especially Germany are the major contributors in the labelling and coding machinery market and it is expected to dominate the market during the forecast period. The Asia-Pacific region and particularly, China, Japan and India are expected to grow substantially as compared to other geographical regions due to increasing in customary regulations to ensure the protection & security of the product and reduce the piracy. The market in this region is anticipated to grow at higher CAGR than other regions during the forecast period.
Latin America and Middle-East & Africa regions are expected to grow at a moderate pace in the labelling and coding machinery market due to their emerging economies and growth in the industrial area in their specific regions.
Labelling and Coding Machinery Market: Key Players
Some of the key players operating in labelling and coding machinery market are Krones AG, ProMach, Inc., Sacmi Imola S.C., Salzgitter AG, Barry-Wehmiller Group, Inc., Tetra Laval International S.A., and I.M.A. Industria Macchine Automatiche S.p.A., Accutek Packaging Equipment Companies, Inc., Quadrel Labeling Systems, and Fuji Seal International, Inc. HERMA, KHS, Marchesini Group, Zebra, SATO, TSC, Brother, TEC, Epson, Printronix, Cab, Godex. Danaher Corporation, ATD Marking Systems, ID Technology, Inkjet Inc, Hitachi Ltd, Dover Corporation, Diagraph Group, Matthews International Corporation, Domino Printing Sciences plc, and Overprint Packaging Ltd.
The labelling and coding machinery report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The 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 labelling and coding machinery market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing labelling and coding machinery market dynamics in the industry
- In-depth labelling and coding machinery market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the labelling and coding machinery market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on labelling and coding machinery market performance
- Must-have information for players to sustain and enhance their labelling and coding machinery market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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.