MarketsandMarketsTM report “Automatic
Labeling Machine Market by Type (Self-Adhesive/Pressure-Sensitive
Labelers, Shrink Sleeve Labelers and Glue-Based Labelers), Industry (Food &
Beverages, Pharmaceuticals, Consumer Products, Personal Care), Geography -
Global Forecast to 2024”, the automatic labeling machine market is
expected to be valued at USD 2.5 billion in 2019. It is expected to grow USD
2.9 billion,at a CAGR of 3.6% from 2019 to 2024.
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Major players included in The Automatic Labeling Machine
Market
are Krones (Germany), SACMI (Italy) and Sidel (Italy). The other key players in this market include companies such as HERMA (Germany), KHS (Germany), Fuji Seal (Japan), ProMach (US), Marchesini Group (Italy), IMA Group (Italy), Accutek (US), and Barry-Wehmiller (US), among others.
About Automatic Labeling Machine : The
factors that are driving the growth of the market include the increasing demand
for automation in the food industry and the growing need for packaging
solutions.
Browse 35 market data Tables and 37 Figures
spread through 122 Pages and in-depth TOC on "Automatic
Labeling Machine Market - Global Forecast to 2024"
“Shrink-Sleeve labelers expected to grow at the highest CAGR in global automatic labeling machine market“
“Shrink-Sleeve labelers expected to grow at the highest CAGR in global automatic labeling machine market“
Shrink sleeve labelers are a relatively new type of machine
in the automatic labeling machine market which has been making a name for
itself in the label industry as these machines uses labels which leads to full
body design allowing for more graphics, impact, and color. The shrink-sleeve
labelers are booming in the market as the sleeve film is sensitive to light,
abrasion resistant, durable, and waterproof.
“Food & beverages industry is expected to exhibit the
highest growth from 2019 to 2024”
The fast-changing food & beverages industry across the
world requires automatic labeling machines to a great extent. Improved economic
conditions in emerging countries, purchasing parity, increasing health
awareness, change in dietary habits, rising demand for nutritious food, and
adoption of automated technology in labeling are the significant factors which
are expected to further fuel the growth of global food & beverages
processing and packaging machinery industry.
“APAC expected to be the fastest-growing automatic
labeling machine market from 2019 to 2024”
The market in Asia Pacific is expected to grow at the
highest CAGR during the forecast period. The growth of the market during the
forecast period is expected due to the development of the packaging machinery
industry, demand for automated labeling solutions, increasing consumer
awareness regarding packaging, the demand for packaging in the food industry,
and the need for high speed & high-quality labeling solutions.
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