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Industrial Labels Global Market Report 2023

Industrial Labels Global Market Report 2023
  • Publish Date:March 2023

  • Number of Pages:200

  • Report ID:6310803

  • Format:PDF

  • Publisher:The Business Research Company

$ 4000


Major players in the industrial labels market are Avery Dennison Corporation, Brady Corporation, Henkel AG & Company KGaA, DuPont de Nemours Inc., Cenveo Corporation, LabelTac, Drytac Corporation, Cosmo Films Ltd., 3M Company, CCL Industries Inc., Cannon Inc., HB Fuller Co, Dunmore Corporation, Xerox Corporation, CILS International.

The global industrial labels market grew from $53.7 billion in 2022 to $58.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial labels market is expected to grow to $76.95 billion in 2027 at a CAGR of 7.1%.

The industrial label market consists of sales of label materials, adhesives, silicone paper and printing inks.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers.

The value of goods in this market includes related services sold by the creators of the goods.

The industrial label refers to a material that is used to identify equipment and provide visual or textual information regarding use or risks.These are durable and strongly resistant to heat, light, moisture, corrosive solvents, and other environmental factors that can cause labels to fade, crack, rip, or peel.

The majority of industrial labelling applications demand long-term legibility in harsh physical environments.

Asia-Pacific was the largest region in the industrial labels market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in the industrial labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of industrial labels are warning or security labels, branding labels, weatherproof labels, equipment asset tags, and others.The warning labels involve marked and visible safety, and warning labels will keep individuals who are vulnerable aware of the potential hazards, whether they’re harmful parts of work equipment or a product itself.

The different raw materials include metal labels, plastic or polymer labels, and involve various mechanisms such as pressure-sensitive, glue-applied, heat transfer, and other mechanisms. The different printing technologies include digital printing, lithography, flexography, screen printing, and others and are used in transportation, construction, automotive, consumer durables, and other end users.

The rapid rise of e-commerce is significantly contributing to the growth of the industrial label market.E-commerce refers to conducting business activities and transactions over the internet.

It includes internet-based activities such as product purchasing and selling, as well as monetary transactions.With the rise of online shopping, there is a greater demand for a variety of labels and packaging.

For instance, in November 2021, according to the Census Bureau of the Department of Commerce, a US-based government agency, in the third quarter of 2021, e-commerce sales increased by 6.6% over the third quarter of 2020. Therefore, the rapid rise of e-commerce drives the industrial label market moving forward.

Strategic partnerships are the key trend gaining popularity in the industrial label market.Major companies operating in the industrial label market are undergoing partnerships to strengthen their position.

For instance, in January 2022, Brother Mobile Solutions, a US-based provider of mobile, desktop, and industrial printing, labeling, and safety signage solutions, partnered with TEKLYNX, a US-based provider of barcode label software solutions.This partnership aims to bring enterprises the most advanced tools to design and print barcode labels easily and to industry standards.

Furthermore, in September 2021, Mark Andy, a US-based innovator of narrow- and mid-web printing and finishing equipment, partnered with UPM Raflatac, a Finland-based provider of industrial labels. This partnership aims to deliver digital label printing technologies to digital converters.

In January 2020, CCL Industries Inc., a Canada-based provider of specialty label, security, and packaging solutions, acquired Eti-Textil for a deal amount of $19.6 million. With this acquisition, Eti-Textil contributes a comprehensive range of labeling products and services, including RFID, while expanding ALS’ operational footprint in Liberia and North Africa. ETI-TEXTIL is a Spain-based label manufacturer that provides identification and coding solutions to the textile, apparel, footwear, and leather industries.

The countries covered in the industrial labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The industrial labels market research report is one of a series of new reports that provides industrial labels market statistics, including industrial labels industry global market size, regional shares, competitors with an industrial labels market share, detailed industrial labels market segments, market trends and opportunities, and any further data you may need to thrive in the industrial labels industry. This industrial label market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Table of contents

1. Executive Summary

2. Industrial Labels Market Characteristics

3. Industrial Labels Market Trends And Strategies

4. Industrial Labels Market - Macro Economic Scenario
4.1. COVID-19 Impact On Industrial Labels Market...


Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.