Global Bar Code Sticker Labeling Machine Market, By Product Type (Thermal Transfer Labels, Direct Thermal Labels, Laser Sheet Labels, Inkjet Labels), Technology (1D Barcode Labels, 2D Barcode Labels, HD Barcode Labels, Holographic Transparent Barcode Labels), End-Use (Food and Beverages, Pharmaceuticals, Households, Electronics and Electricals, Consumer Goods, Textiles, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The bar code sticker labeling machine is gaining traction across a range of end user verticals especially the food and beverages owing to the high need for the labeling solutions. Additionally, the automation in the bar code sticker labeling machines also allows to work at a rapid rate and requires minimal movement of parts. As a result, the market is estimated to have an accelerated growth over the forecast period.
Global bar code sticker labeling machine market was valued at USD 4.49 billion in 2021 and is expected to reach USD 6.61 billion by 2029, registering a CAGR of 4.96% during the forecast period of 2022-2029. "Food and Beverages" accounts for the material type segment in the bar code sticker labeling machine market owing to its huge adoption within the food and beverage sector. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Thermal Transfer Labels, Direct Thermal Labels, Laser Sheet Labels, Inkjet Labels), Technology (1D Barcode Labels, 2D Barcode Labels, HD Barcode Labels, Holographic Transparent Barcode Labels), End-Use (Food and Beverages, Pharmaceuticals, Households, Electronics and Electricals, Consumer Goods, Textiles, Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Weiler Labeling Systems (U.S.), Labeling Systems, LLC. (U.S.), Ochre Media Pvt Ltd (India), In-Line Packaging Systems (U.S.), Barry-Wehmiller Companies (U.S.), CVC Technologies, Inc. (Taiwan), CTM Labeling Systems (U.S.), Quadrel (U.S.), Accu-Label Inc. (U.S.), Apogee Industries. (India), B & H MANUFACTURING COMPANY, INC (U.S.), Blanco Inc. (Germany), Creative Labels Inc. (U.S.), HSAUSA (U.S.), Inline Filling Systems (U.S.), ProMach (U.S.), H.B. Fuller Company (U.S.), Henkel Ag & Co. KGaA (Germany), CCL Industries Inc. (Canada), and Fuji Seal International, Inc. (Japan)
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Market Opportunities
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Market Definition
Bar code are basically used for the rapid data saving and retrieval. Barcode labels have a line-and-number representation of the business and information about the goods. These barcode labels facilitate effective product flow and enable information to be read in a fraction of a second. Bar code sticker labeling machines are used to label a product's bar code stickers.
Bar Code Sticker Labeling Machine Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growth In Adoption across Food And Beverage Sector
The population is expanding at a huge rate across the globe. As a result, there is a sharp increase in consumer preference for and demand for food and beverage. The demand for the bar code sticker labeling is also increasing as it is largely used to label the food packaging, which further boosts the demand for the bar code sticker labeling machine. The machine is largely used to label various products such as the ready-to-eat meals, snacks and other packed food products. Another factor driving the market's growth rate is the rising demand for convenience foods brought on by changing lifestyles and hectic schedules. Consequently, the increased consumption within the food sector further positively impacts the bar code sticker labeling machine market.
Furthermore, the materials and packaging business has a lot of room to grow as a result of the improving global economy. The increasing demand for several automation processes from various end-use industries coupled with the growth in the demand for security labeling to avoid fraud and theft is projected to have positive impact over the market’s growth rate. Additionally, the growth in market value is fueled by increasing urbanization, modernization, and globalization. Other factors influencing market growth include the rapid development of flexible packaging solutions, rising consumer demand for high product transparency, and increased e-commerce industry proliferation.
Opportunities
- Increased Investments for Research and Developments
The surging number of strategic market collaborations has led to the rise in funds to be allocated for developing advanced and automated packaging equipment/machinery. Moreover, the increment in the level of investment for the various research and development (R&D) proficiencies will further extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
- Technological Advancements
Additionally, the advancements in manufacturing technology, expanding technological advancements in packaging equipment and technology to accommodate a diverse range of products will further expand the future growth of the bar code sticker labeling machine market.
Restraints/Challenges
- High Costs
The market growth rate will be slowed down by high initial investment costs, or, to put it another way, by the need for a large initial capital expenditure. High operating and maintenance costs will also make the market more difficult to navigate. These factors will hinder the market growth rate.
- Low Awareness and Stringent Regulations
Moreover, the dearth of awareness in underdeveloped regions also negatively impact the market growth over the forecast period. Market expansion is also estimated to be hampered by the increasing enforcement of strict environmental rules about the packaging waste produced on the industry. Additionally, strict controls on product approvals will limit the market's potential for expansion. More restrictions put in place by the government on the use of plastic as a packaging material would also be a hindrance.
- Availability Of Alternatives
Also, the increased adoption of various alternatives such as the radio frequency identification (RFID) which offers several benefits over barcodes will prove to be a demerit for the bar code sticker labeling machine market. This factor is estimated to pose as a challenge the bar code sticker labeling machine market growth rate.
This bar code sticker labeling machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bar code sticker labeling machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bar Code Sticker Labeling Machine Market
The recent outbreak of coronavirus had a negative influence on the bar code sticker labeling machine market. Trade restrictions and supply disruptions impacted market demand and supply chain disruptions. The implementation of travel restrictions turned out to be a curse for the industry. The sharp drop further hampered the market growth rate in consumer demand for luxury and superfluous goods. The key end-user industries' subpar performance in the food and beverage, cosmetics, and chemicals sectors further slowed the market's growth rate. Additionally, the market was hampered by the sharp decrease in demand for electronics and consumer products. The pharmaceutical and healthcare sectors gave us a little reprieve. The rising proliferation of e-commerce platforms also promises a better future.
However, the consumers are inclined towards online channels, which positively impacts the bar code sticker labeling machine market as demand for labeling has expanded across a variety of end-user industries, including food and beverage, healthcare, consumer goods, and others. The increased products demand through online channels has thus resulted in the positive outlook for the bar code sticker labeling machine market.
Global Bar Code Sticker Labeling Machine Market Scope
The bar code sticker labeling machine market is segmented on the basis of product type, technology and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Thermal Transfer Labels
- Direct Thermal Labels
- Laser Sheet Labels
- Inkjet Labels
Technology
- 1D Barcode Labels
- 2D Barcode Labels
- HD Barcode Labels
- Holographic Transparent Barcode Labels
End-Use
- Food and Beverages
- Pharmaceuticals
- Households
- Electronics and Electricals
- Consumer Goods
- Textiles
- Others
Bar Code Sticker Labeling Machine Market Regional Analysis/Insights
The bar code sticker labeling machine market is analyzed and market size insights and trends are provided by country, product type, technology and end-use as referenced above.
The countries covered in the bar code sticker labeling machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the bar code sticker labeling machine market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing disposable income of people, rising population and escalating food and beverage industry within the region.
North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the favorable government policies as well as the e increasing demand for several automation processes and high demand for security labeling in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bar Code Sticker Labeling Machine Market Share Analysis
The bar code sticker labeling machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bar code sticker labeling machine market.
Some of the major players operating in the bar code sticker labeling machine market are
- Weiler Labeling Systems (U.S.)
- Labeling Systems, LLC. (U.S.)
- Ochre Media Pvt Ltd (India)
- In-Line Packaging Systems (U.S.)
- Barry-Wehmiller Companies (U.S.)
- CVC Technologies, Inc. (Taiwan)
- CTM Labeling Systems (U.S.)
- Quadrel (US), Accu-Label Inc. (U.S.)
- Apogee Industries. (India)
- B & H MANUFACTURING COMPANY, INC (U.S.)
- Blanco Inc. (Germany)
- Creative Labels Inc. (US)
- HSAUSA (U.S.)
- Inline Filling Systems (U.S.)
- ProMach (U.S.)
- H.B. Fuller Company (U.S.)
- Henkel Ag & Co. KGaA (Germany)
- CCL Industries Inc. (Canada)
- Fuji Seal International, Inc. (Japan)
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