Print Label Market Size (2024 - 2029)

Print Label Market Analysis

The Print Label Market size is estimated at USD 51.05 billion in 2024, and is expected to reach USD 62.37 billion by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).

With a growing number of SKUs, a reduction in average job lengths and life cycles for mass-produced products, and an increase in the regulatory content on the label, there is an increasing demand for more attractive brands from print label customers. Moreover, increasing demand for manufactured goods and an upsurge in the disposable income of people are also expected to drive the print label market during the forecast period.

• Many organizations like Nilpeter, Xeikon, and Bobst Firenze, among others, believe that digitally printed labels are suited to meet the market's demands and have an added advantage over traditional printing technologies.
• Digital technology has met the multiple requirements of various end-user industries in making attractive label designs to encourage potential consumers to make purchases. Integrating digital technology with the existing label printing technique is expected to bring a huge change to all the small-scale and large-scale sectors, improving the overall market. However, environmental regulations for labeling hinder the growth of the print label market.
• Label application problems are caused mainly by environmental conditions, namely temperature and humidity. Applying the labels only in dry, room-temperature states can be preserved them. However, avoiding extreme temperatures or moisture is sometimes possible in winter, summer, and cold warehouses.
• The players in the market are also focusing on strengthening their sales and distribution channels. Xeikon opened an innovation center in Shanghai designed to support the expanding Chinese needs. The facility is expected to enable visitors and customers to test various applications and options for new revenue streams and business growth. Domino continues to grow and invest in resources for its digital printing business, with the appointments of several new hires in service and support roles within North America.
• The pandemic presented two primary challenges for print label companies: productivity improvement and remote customer support. The stable demand during the initial recovery from the pandemic created immense pressure on the labeling companies' production capacity, highlighting the need for automation at various product life cycle stages.

Print Label Industry Segmentation

The print label is a piece of paper, plastic film, cloth, metal, or other material affixed to a container or product, which has printed information or symbols about the product or item. Information may also be printed directly on a container or article. Moreover, print labels are the primary source of communication between a company and its customers. Labels contribute majorly to how a consumer perceives a product while looking at a product label and how much impact it makes on the consumer's mind.

Print Process segments the Print Label Market (Offset lithography, Gravure, Flexography, Screen, Letterpress, Electrophotography, Inkjet), by Label Format (Wet-glue labels, Pressure-sensitive labels, Linerless labels, Multi-part tracking labels, In-mold labels, Shrink and Stretch Sleeves), by End-User Industry (Food, Beverage, Healthcare, Cosmetics, Household, Industrial, Logistics) and Geography (North America (United States, Canada), Europe (United Kingdom, Germany, France, Spain, Italy, Poland, The Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa).

The market sizes and values are provided in terms of value (USD million) for all the above segments.