Market Intelligence Data has released a new report on the global Labeling and Product Decoration market. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical developments and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Labeling and Product Decoration market industry and its framework.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Vintech Polymers, Inland Packaging, Roll on Labels, Grip Tight Packaging, Mondi Group, Traco Manufacturing, Cosmo Films, Constantia Flexible Packaging, B & H Manufacturing, Ameet Metaplast, Fort Dearborn, Tilak Polypack, Westrock, Kris Flexipacks, Leading Edge labels & Packaging, Jasin Pack, TCPL Packaging, CPM Internacional,
The Global Labeling and Product Decoration Market Size is Projected to Reach at a CAGR of 5.25% during 2021-2027.
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- In April 2020, Herma US launched 362E Wraparound Labeler, a flexible, high throughput labeling machine capable of wraparound or two-sided operation that can be easily integrated into new or existing production lines. The new device can label up to 200 products per minute on both front and back.
- In November 2019, KHS GmbH and Ferrum AG started a can seaming cooperation with the focus on beverages for the American market. With the help of shared knowledge, the companies aim to develop this product area further and optimize systems and solutions while providing everything from a single source.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Labeling and Product Decoration Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Labeling and Product Decoration market document.
Labeling and Product Decoration market Segmentation By Type:
Labeling and Product Decoration market Segmentation By Application:
The Asia Pacific is Expected to Hold Significant Market Share
- The major driving forces in the Asia-Pacific region include rising urbanized population, increasing demand for packaged food, easy availability of polymer films, and relatively low labor cast. A price-sensitive market like South-East Asia is expected to be a significant growth area for the use of shrink and stretch sleeves that are cost-effective solutions for decorating containers with highly complex shapes.
- The significant applications of print labels in the country include the cosmetics, food, and medical care sectors, which have substantial demand, owing to the large population in the region. China is a fast-developing market. The adoption of efficient and better-performing technologies to produce high-quality products has resulted in the expansion of the print label market.
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Market Trends
Food and Beverages to Hold Major Share
- Demand for automation in the food & beverage industry is driving the market. As consumers today are more conscious about the details of the product, the labels play a crucial role in providing information about the product and help boost sales. Manufacturers are now shifting to automated labeling systems to meet the growing demand from the food and beverage industry.
- According to the Association of Packaging and Processing Technology, it is estimated that Food and Drink Industry Economic contribution and growth opportunities information, 73% of food and drink manufacturers are engaged in automating manufacturing processes. In comparison, 46% are involved in warehouse and logistics automation. Factors such as these will boost the market for labeling equipment as well as print and apply labels.
- Shrink-sleeve labelers are booming in the market as sleeve film is sensitive to light, abrasion-resistant, durable, and waterproof. These labels can be easily removed from the containers and bottles, allowing the container/bottle to be reused.
Significant Features and Key Highlights of the Reports:
– Detailed overview of Labeling and Product Decoration Market
– Changing market dynamics of the industry
– In-depth Labeling and Product Decoration market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Labeling and Product Decoration Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
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The report gives answers to the following:
- What strategies are followed by key players to fight this Covid-19 situation?
- What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
- Which are the leading market players in the Labeling and Product Decoration industry?
- What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
- What could be the anticipated value of the Labeling and Product Decoration marketplace in the during the forecast period?
- Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Labeling and Product Decoration market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
The Global Labeling and Product Decoration Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
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