The Latest Industrial Labels Industry Statistics Explained
The global industrial labels market was valued at approximately USD 43.98 billion in 2019.
The statistic stating that the global industrial labels market was valued at approximately USD 43.98 billion in 2019 represents the total monetary worth of all industrial labels sales worldwide during that year. This figure indicates the significant size and economic importance of the industrial labels market, encompassing various industries such as manufacturing, automotive, chemicals, and retail, among others. The value of the market not only highlights the widespread use of industrial labels for product identification, branding, tracking, and compliance purposes but also underscores the potential for growth and innovation within this sector as companies continue to invest in labeling technologies and solutions.
The industrial labels market is expected to grow at a CAGR of 4.39% between 2021-2026.
This statistic indicates the projected growth rate for the industrial labels market over a five-year period from 2021 to 2026. The Compound Annual Growth Rate (CAGR) of 4.39% suggests that the market is expected to increase steadily at an average annual rate of 4.39% during this period. This growth rate reflects the anticipated expansion of the industrial labels industry, driven by factors such as increasing demand for labeling solutions in various sectors including manufacturing, logistics, and retail. Companies operating in this market can use this information to make strategic decisions and investments based on the expected growth trajectory of the industry.
The adhesive-based industrial labels have the largest market share with over 60% in 2019.
The statistic indicates that adhesive-based industrial labels were the dominant product in the industrial label market in 2019, capturing over 60% of the total market share. This suggests that adhesive-based labels were the preferred choice among industries for their labelling needs due to factors such as cost-effectiveness, durability, and versatility. The significant market share held by adhesive-based labels points towards a high level of trust and adoption of this product by businesses operating in various industrial sectors. The data highlights the competitive advantage of adhesive-based industrial labels in meeting the demands of the market and reinforces their position as the leading choice among alternative label types.
Asia-Pacific is expected to account for the largest market share of the industrial labels industry by 2026.
This statistic indicates that the Asia-Pacific region is projected to have the highest market share within the industrial labels industry by the year 2026. This forecast suggests that the demand for industrial labels in the Asia-Pacific region is expected to surpass other regions globally, such as North America or Europe, based on factors like increasing industrialization, economic growth, and the adoption of advanced labeling technologies in various sectors. This trend highlights the region’s growing importance in the global industrial labels market and signifies potential opportunities for businesses operating in this industry to focus their strategies and investments towards capturing a significant portion of this expanding market share.
The industrial labels market in US is expected to grow by USD 1.96 Billion during 2021-2025.
The statistic indicates that the industrial labels market in the United States is projected to experience a significant growth of USD 1.96 billion from 2021 to 2025. This growth suggests a positive trend in the demand for industrial labels within the US market, likely driven by factors such as increasing awareness about the importance of labeling in industries, technological advancements in labeling materials and printing methods, and the expanding industrial sector. The projected growth signifies potential opportunities for businesses operating in the industrial labels industry to capitalize on this trend and expand their market share by offering innovative and high-quality labeling solutions to meet the growing demand.
The market share of the manufacturing industry in the industrial labels market was 33% in 2019.
The statistic ‘The market share of the manufacturing industry in the industrial labels market was 33% in 2019’ indicates that out of the total market for industrial labels in 2019, the manufacturing industry accounted for 33% of the share. This implies that manufacturing companies were a significant player in the industrial labels market compared to other industries. A higher market share suggests that the manufacturing industry was a key contributor to the overall revenue generated from the sales of industrial labels in 2019. Understanding market share helps businesses gauge their competitive position within a specific market and can be used to develop strategies to increase market presence and profitability.
The revenue of the RFID industrial labels market was valued at 678.9 Million USD in 2019.
The statistic indicates that in 2019, the total revenue generated by sales of Radio Frequency Identification (RFID) industrial labels reached 678.9 million US dollars. This figure represents the value of transactions within the RFID industrial labels market for that year, providing insight into the financial performance and market size of the RFID industry segment. It can be used to assess the growth, trends, and overall economic significance of RFID industrial labels in various industries such as supply chain management, retail, healthcare, and manufacturing. Additionally, this statistic serves as a benchmark for companies operating in this market and can inform strategic decision-making, investment opportunities, and market forecasting within the RFID industrial labels sector.
Out of global Industrial labels market, Automotive segment accounted for 25% of the total market share in 2020.
The statistic indicates that within the global Industrial labels market in 2020, the Automotive segment comprised 25% of the total market share. This suggests that a significant portion of the industrial labels market is driven by the automotive sector, highlighting the industry’s demand for labels for various applications such as component identification, asset tracking, and branding. The dominance of the automotive segment in the industrial labels market signifies the sector’s importance and influence in driving the demand and growth of the label industry on a global scale.
The market size for the digital printing technology segment of the industrial labels industry was valued at USD 12.63 billion in 2020.
The statistic states that the market size for digital printing technology within the industrial labels industry was worth USD 12.63 billion in 2020. This figure represents the total value of goods and services within this specific segment of the industry. It indicates the scale and importance of digital printing technology in the production of industrial labels, highlighting the significant economic activity and market demand for such technology. This statistic provides valuable insight into the size and potential growth of the digital printing technology market within the industrial labels industry.
The pressure-sensitive segment accounted for 40.3% share of the global Industrial labels market in 2020.
This statistic indicates that in 2020, the pressure-sensitive segment held a significant portion of the global Industrial labels market, with a share of 40.3%. This suggests that a substantial portion of the market demand for Industrial labels was specifically for pressure-sensitive labels. Companies offering pressure-sensitive labels may have a competitive advantage in this market, as their products are evidently popular and widely used by consumers. Understanding the market dynamics and consumer preferences within the pressure-sensitive segment would be crucial for companies looking to capitalize on this market opportunity and potentially expand their market share further.
Water-based type labels are predicted to grow at the highest CAGR of 7.3% in the forecast period 2020-2025 in Industrial labels market.
This statistic indicates that among the different types of labels in the industrial labels market, water-based labels are expected to experience the highest Compound Annual Growth Rate (CAGR) of 7.3% between the years 2020 and 2025. This suggests that the demand for water-based labels within the industrial sector is projected to increase at a faster pace compared to other types of labels during this forecast period. Factors such as sustainability, environmental regulations, and consumer preferences for eco-friendly products may be driving this anticipated growth in the water-based label segment within the industrial labels market. This information can be valuable for industry stakeholders and decision-makers to understand market trends and tailor their strategies accordingly to capitalize on the growth opportunities in this segment.
The food & beverage industry is expected to emerge as the fastest-growing segment in the industrial labels market.
This statistic implies that within the industrial labels market, the food & beverage industry is projected to experience the highest rate of growth compared to other sectors. This suggests there is a growing demand for labeling solutions within the food & beverage industry, likely driven by factors such as increasing consumer awareness, stricter regulations on food labeling, and the need for efficient tracking and tracing of products throughout the supply chain. The anticipated growth indicates opportunities for companies operating in the industrial labels market to tailor their products and services to meet the specific needs and preferences of food and beverage manufacturers, potentially leading to increased market share and revenue within this segment.
In 2019, warning/security industrial labels dominated the market by generating a revenue of USD 16.9 billion globally.
The statistic ‘In 2019, warning/security industrial labels dominated the market by generating a revenue of USD 16.9 billion globally’ indicates that warning and security industrial labels were the leading category within the industrial label market in 2019 in terms of revenue generation. This suggests that there was significant demand for these types of labels, likely driven by an increased focus on workplace safety and security measures across various industries around the world. The substantial revenue figure of USD 16.9 billion highlights the scale of the market opportunity for warning and security industrial labels, showcasing the importance of these products in helping organizations meet regulatory requirements and enhance safety practices in their operations.
The Transfer Film segment of the Industrial Labels Market is projected to grow at a CAGR of 4.1% in terms of value during the forecast period.
This statistic indicates that the Transfer Film segment within the Industrial Labels Market is expected to experience a Compound Annual Growth Rate (CAGR) of 4.1% in terms of value over the forecast period. This suggests that the demand for Transfer Film industrial labels is anticipated to steadily increase at a rate of 4.1% per year. This growth rate reflects the market’s potential for expanded use of Transfer Film labels within various industrial applications, such as manufacturing, automotive, and electronics sectors. The projection provides valuable insights for businesses operating in the industrial labels industry to make informed decisions regarding market opportunities and strategic planning for the future.
In 2019, the In-Mold labels accounted for about 30% share in the global Industrial Labels market.
This statistic means that in 2019, In-Mold labels made up approximately 30% of the total market share within the global Industrial Labels market. This suggests that In-Mold labels were a significant segment within the industry, indicating a notable level of adoption and usage among businesses. The strong presence of In-Mold labels indicates their popularity and relevance in the market, potentially driven by factors such as their durability, cost-effectiveness, or aesthetic appeal for industrial applications. This statistic highlights the importance and impact of In-Mold labels within the broader context of the industrial labeling market in 2019.
The North American industrial labels market is expected to hit $18 billion by 2025.
The statistic suggests that the North American industrial labels market is projected to reach a total value of $18 billion by the year 2025. This indicates a significant growth potential in the industry over the coming years. The increasing demand for industrial labels, possibly driven by factors such as expanding manufacturing activities, developments in the packaging industry, and growing emphasis on product labeling and branding, is anticipated to contribute to this market expansion. The forecasted value provides valuable insight for businesses operating within or looking to enter the industrial labels market, guiding strategic decision-making and investment opportunities to capitalize on the projected growth.
The “Safety Labels” segment is expected to grow at a CAGR of 7.8% from 2018 to 2025 in the industrial labels market.
The statistic indicates that the “Safety Labels” segment within the industrial labels market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.8% from 2018 to 2025. This means that on average, the demand for safety labels used in industrial settings is anticipated to increase by 7.8% per year over the specified time period. This growth rate suggests a growing emphasis on workplace safety, regulatory compliance, and the need for clear communication of hazards in industrial environments. It also implies potential opportunities for businesses operating in this segment to capitalize on the increasing demand for safety labels within the industrial sector.
The industrial labels market in India was valued at USD 954.8 Million in 2020.
The statistic indicates that the industrial labels market in India had a total value of USD 954.8 million in the year 2020. This figure represents the total revenue generated from the sale of industrial labels in India during that year. Industrial labels are used for various purposes, such as product identification, branding, and compliance with regulatory requirements. The market size of USD 954.8 million suggests that there is significant demand for industrial labels in India, reflecting the importance of labeling in industries across the country and potentially indicating growth opportunities for businesses operating in this sector.
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