Market Share of Automatic Labeling Machine Industry
The automatic labeling machine market has many companies and moderate profitability (CAGR), creating strong market share competition. Overall, the intensity of competitive rivalry is expected to be high during the forecast period. The key players in the market are Accutek Packaging Equipment, SIDEL (Tetra Laval Group), Barry-Wehmiller Group, and Krones AG.
- July 2022 - To offer traceability for drums carrying chemicals, German tight-head drum specialist Duttenhofer invested in an integrated solution from Herma comprising the labels for QR codes and a print-and-apply system. It has been utilizing Herma's labeling solution for some time and is pleased with both using the technology and the label material, which was created following VPA 9 regulations.
- In June 2022, BOBST Group announced the launch of the first subscription plan of BOBST Connect. This user-centric platform links converter and brand owners to an automated and digital workflow and grants them full access and control of the manufacturing process. BOBST Connect assists customers in making the most of the quantity of data their equipment generates by offering insights and various solutions to improve productivity, quality, and efficiency.
Automatic Labeling Machine Market Leaders
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Sacmi Imola S.C.
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Accutek Packaging Equipment Companies, Inc.
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Krones AG
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SIDEL (Tetra Laval Group)
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Barry-Wehmiller Group, Inc.
*Disclaimer: Major Players sorted in no particular order