According to Goldstein Research, “Label printing is expected to witness an attractive market growth, and expected to cross the over 1000 billion A4 prints in 2016. Growing demand for commercial label printing to meet the changing demands of packaging buyers and consumers are propelling the demand for commercial label printers across the globe.”
Global commercial label printer market is segmented on the basis of printing technology, by connectivity, by colors, by application, by connectivity and by end-user. End-user segment is further categorized into food & beverages, manufacturing, packaging, transportation & logistics and retail industry. Food and beverage industry is biggest consumer of labels and accounted for nearly 60% share of commercial label printing market in 2016. This growing demand for label printing in food & beverage industry is accelerating the adoption rate of commercial label printers across the globe.
Asia-Pacific region is the largest producer of labels and is expected to hold over 40% share of global label printing by volume in 2024. However, due to huge demand for label printing for wines and exquisite drinks in Europe contributed in the dominance of the region for global commercial label printer market in 2016. Asia-Pacific region is projected to hold the largest share of the global commercial label printer market in 2024. Japan is projected to hold 15% share of global commercial label printer market in 2024.
Flexographic Printing Technology: Hugely Impacting Commercial Label Printing Business
To meet the ever growing customers demand, printing machine manufacturers are implying innovative technologies which impact the commercial label printing business. Flexographic technology is a flexible printing process used for printing labels on materials such as cellophane, polythene and metallic films. This printing technology is mainly used for printing labels on plastic shopping bags and paperback books. Rising implementation of flexographic based label printing will eventually boost the demand for commercial label printer market in the near future.
“Global Commercial Label Printer Market Outlook 2024” contains detailed overview of the global commercial label printer market in terms of market segmentation by printing technology, by connectivity, by colors, by application and by end-user.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global commercial label printer market also provides competitive outlook of some of the major players of global commercial label printer market which includes profiling of companies such as Seiko Epson Corporation, DuraFast Label Company, Konica Minolta, HP, NeuraLabel Printing Solution, Domino Printing Sciences PLC, Fujifilm, Heidelberger Druckmaschinen AG, Windmoeller & Hoelscher Corporation, Hyplas Machinery Co. Ltd., Zebra Technologies Corporation, DelphaxTechnologies Inc., SCHMID Group, Hitachi, Quick Label, Atlantic Zeiser GmbH, Comexi Group, Nuova GIDUE, LINTEC Corporation, Afinia Label, iSys Label and Dymo Label Makers & Printers. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global commercial label printer market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.