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Industrial Labels Market Size, Share, Industry Trends and Forecast to 2030

Industrial Labels Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Industrial Labels Market Size & CAGR in 2021:

The global industrial labels market size in 2021 was valued at USD 45.6 billion. The market is expected to witness a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028, reaching a value of USD 65.2 billion by the end of the forecast period. The increasing demand for efficient identification and tracking solutions in various industries is driving the growth of the industrial labels market.

COVID-19 Impact on the Industrial Labels Market:

The COVID-19 pandemic had a significant impact on the industrial labels market in 2020 and 2021. The sudden disruption in supply chains and manufacturing operations due to lockdowns and restrictions led to a temporary slowdown in the market. However, the need for labeling and tracking solutions in essential industries like healthcare, pharmaceuticals, and food & beverage saw a surge in demand. As the global economy recovers from the impact of the pandemic, the industrial labels market is expected to rebound and witness steady growth in the coming years.

Industrial Labels Dynamics:

The industrial labels market is driven by the increasing emphasis on product traceability, regulatory compliance, and brand identity. Industries such as manufacturing, logistics, automotive, and retail are adopting advanced labeling technologies to improve efficiency and streamline operations. The growing trend of adopting RFID and barcode labels for inventory management and asset tracking is expected to propel the market growth. Additionally, the rising demand for smart labels with embedded sensors for real-time monitoring is creating new growth opportunities in the industrial labels market.

Segments and Related Analysis:

The industrial labels market can be segmented based on type, material, application, and end-use industry. The key types of industrial labels include adhesive labels, heat shrink labels, in-mold labels, and security labels. The materials commonly used for industrial labels are paper, plastic, metal, and glass. In terms of applications, industrial labels are used for product labeling, asset tagging, barcode printing, and serial number tracking. The major end-use industries for industrial labels include manufacturing, logistics, healthcare, automotive, and retail.

By Region Analysis:

The industrial labels market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the largest market for industrial labels, driven by the presence of key manufacturers and technological advancements. Europe follows closely, with a strong emphasis on sustainability and eco-friendly labeling solutions. The Asia Pacific region is expected to witness the fastest growth due to rapid industrialization and increasing adoption of automation in manufacturing processes. Latin America and the Middle East & Africa are also emerging markets with untapped growth potential in the industrial labels sector.

Key Market Players and Competitive Landscape:

Some of the key players in the industrial labels market include Avery Dennison Corporation, 3M Company, CCL Industries Inc., UPM-Kymmene Oyj, and Brady Corporation. These companies focus on innovation, product development, and strategic partnerships to strengthen their market presence. The competitive landscape of the industrial labels market is characterized by mergers, acquisitions, and collaborations among players to expand their product offerings and geographic reach.

Recent Happenings in the Industrial Labels Market:

- In April 2021, Avery Dennison launched a new range of sustainable industrial labels made from recycled materials to address environmental concerns. - 3M Company introduced a RFID-enabled industrial label solution for real-time asset tracking and inventory management in May 2021. - CCL Industries acquired a leading manufacturer of heat shrink labels in June 2021 to expand its product portfolio and enhance market competitiveness. - UPM-Kymmene Oyj partnered with a technology company to develop smart labels with NFC capabilities for improved product authentication and consumer engagement in August 2021. - Brady Corporation collaborated with a software provider to offer integrated labeling solutions for industrial automation and data management in September 2021.

Frequently Asked Questions (FAQ):