Published on : Aug 23, 2018
Albany, New York, August 23, 2018: A comprehensive study, titled “Label Applicator Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 – 2028” has been freshly publicized to the vast archive of Market Research Hub (MRH), which revolves around the current scenario of global label applicator market with reference to the growth trajectory of the market in the past and in the future. In this research study, market growth has been evaluated in terms of value estimates (US$ Mn) and volume shipments (million units), across different geographies. The geographical analysis section of the report highlights the market scope and trending factors influencing the market shares for each region. Regions highlighted in the study include Asia Pacific, North America, Europe Middle East & Africa, and South America. Sales, revenue and market share by key countries in these regions are also outlined in the study.
This 203-page precise research study initiates with the executive summary for various categories and their share in the label applicators market. It is followed by label applicator market dynamics and overview of the global label applicators market, which includes analysis of market drivers, restraints, and trends rapidly affecting growth of the label applicators market.
Key Highlights from the Report
Label applicator is a machine used to apply pressure-sensitive labels directly to product containers, bottles, packages or drums. In the present time, they are used by many industries from agriculture, electronics, gifts, cosmetics to pharmaceuticals. According to the study findings, the global market for label applicators was valued at US$ 2,044.2 million in 2017. At this pace, the market is expected to expand at a CAGR of 5.2% over the forecast period 2018-2028.
Based on the end use, the global label applicators market is segmented into chemicals, personal care & cosmetics, food & beverages, pharmaceuticals, electrical & electronics, logistics & warehousing, and others. In the present time, the research finds that the demand for label applicator has been rising in Food & beverage end use segment, and it is expected to expand at a CAGR of 4.8% over the forecast period 2018-2028.
Moving further, the research highlights its major applications which are bottles, vials, pouches, boxes & carton, trays, and others. On the basis of product type, the study reveals that stand-alone product segment of label applicators is expected to drive the global market, by value.
Another important segment of the report throws light on the market competitive scenario among different market players. At present, key players active in this market include ProMach, Inc., Herma GmbH, Quadrel Labeling Systems, Label-Aire, Inc., RJ Packaging Corporation, In-Line Labeling Equipment, Inc., CTM Labeling Systems, JDA Progress Industries Ltd., ALTech UK labeling Technologies Ltd., Universal Labeling Systems, Inc., CVC Technologies Inc., Harland Machine Systems Ltd., Weber Packaging Solutions, Inc., Novexx Solutions GmbH, Videojet Technologies, Inc., Hunkar Technologies, Inc., Auto Labe, and Accent Packaging Equipment among others.
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