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2020-03-11
740
Global
Rising concern regarding the authenticity of products among consumers and the availability of counterfeits FMCG, cosmetics, food and beverages, and pharmaceutical products in the market are creating challenges for manufacturers. To overcome this issue, manufacturers are adopting new labeling technologies for their products to ensure the legitimacy of their products. Growing demand for new labeling for products among manufacturers is likely to bolster the demand for commercial label printers. Products such as Primera LX-2000, LX-400 and EPSON TM-C3500 COLOUR LABEL PRINTER are generally used for heavy to medium label printing environments and mainly used in industries such as manufacturing, packaging retail and logistics industries.
Key market players are investing on improving Label technology with a variety of materials, adhesives and different manufacturing applications to meet the changing demand of consumers. Implementations of label printing with digital technology are witnessing strong market growth which improves the productivity and reliability of labels. Changing label printing processes are expected to contribute to the growth of the commercial label printer market.
Global Commercial Label Printer Market is segmented on the following basis:
Europe is the dominating region for global commercial label printer market and account for USD 3.56 billion in 2016; however, Asia-Pacific commercial label printer market is likely to grow at a faster rate during the forecast period. China and Japan are likely to dominate the Asia-Pacific commercial label printer market in terms of label print volume. Moreover, commercial labeled printing sales of Asia-Pacific region reached over 33% in 2016, which is likely to support the growth of commercial label printer market in the region.
Countries such as Russia, Mexico and Brazil are likely to witness notable growth owing to the losing position of mature markets of commercial label printer. Europe accounted for 32% share of global commercial label printer market in 2016 whereas North America region accounted for 24% share of the market in 2016.
Rising demand for digital printing in both the volume and value and changing customer demands for more authentic products and personalization options are boosting the market for commercial labeling. This emerging trend is positively impacting the growth of commercial label printer market. However, rising usage of printed rigid and flexible packaging of products is eliminating the need for label printing which is expected to hinder the growth of commercial label printing market.
Market Synopsis
Market Segmentation
The Global Commercial Label Printer Market is segmented as follows:
By Region
Market Dynamics: Growth Drivers, Restraints and Opportunities
Key Market Players
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks
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