Industrial Labels Market Trends

Statistics for the 2023 & 2024 Industrial Labels market trends, created by Mordor Intelligence™ Industry Reports. Industrial Labels trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Book before:

Market Trends of Industrial Labels Industry

Other Industries Holds Major Share

  • Largest Segment: :Other Industries : The Other Industries segment holds the largest market share in the Industrial Labels Market, with a 40.36% share in 2022. This segment's significance is attributed to its diverse industrial applications across sectors beyond the main end-use categories.
  • Market Size: The segment was valued at USD 9.02 billion in 2022 and is expected to reach USD 12.86 billion by 2028, with a CAGR of 5.95%.
  • Driving Demand: The growing need for product identification, supply chain efficiency, and regulatory compliance drives demand across various industries.
  • Technological Advancements: Smart labeling technologies like RFID are crucial to this segment's growth, especially in challenging industrial environments.
  • Anti-Counterfeiting Measures: The rise in counterfeiting has led manufacturers to adopt advanced label codes for product authenticity and brand protection.
Industrial Labels Market: GDP Contribution from Manufacturing Sector, by Segment, in Percentage, Indonesia,  2023

Fastest-Growing Regional Segment: Asia-Pacific

APAC holds the largest market share in the Industrial Labels Market, accounting for 36.67% in 2022. The region’s growth is fueled by industrialization and demand from sectors like healthcare and packaged food.

  • Market Value: The APAC market was valued at USD 8.20 billion in 2022 and is projected to reach USD 11.55 billion by 2028, with a CAGR of 5.75%.
  • Economic Growth: Rapid economic development in APAC’s emerging markets drives demand for industrial labeling in the region.
  • Technological Innovation: Avery Dennison's AD Stretch program, launched in APAC, focuses on partnerships with startups to tackle sustainability challenges.
  • Pharmaceutical Impact: Growth in the pharmaceutical industry, spurred by lifestyle diseases, is contributing to demand for advanced labeling solutions.
 Industrial Labels Market - Market CAGR (%), By Region, 2024-2029

Industrial Labels Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)