Rapid industrialization to augment the growth of the industrial labels market

  1. In January 2018, Afinia Label, a manufacturer and distributor of industrial color label printing and finishing equipment, has released the L901 digital color label printer, powered by the Sirius print engine from Memjet

  2. In May 2019, Brother Mobile Solutions, Inc. announces the launch of its new TD 4 Desktop Thermal Printer Series designed with ‘supply-chain-ready’ functionality for printing barcode labels, tags, or receipts for virtually any application in the warehouse, transportation & logistics supply chain, manufacturing plant, retail, hospital, and other fast-paced environments.

  3. In July 2019, Avery demonstrate a range of newly launched product innovations across four key areas of focus, including sustainable materials and intelligent labels at Labelexpo Europe 2019 held in Brussels

    industrial labels

     

Rapid growth in the end-user industries such as construction, aerospace & defense, automotive, consumer durables, transportation & logistics is driving the growth of the industrial labels market. The rise in demand for sustainable & recyclable labeling & packaging material is also contributing to the growth of the market. Countries such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) are promising destinations for the industrial label market. The transportation & logistics sector is expected to experience potential opportunities in the near future due to growing trends in the supply chain & warehousing industry and high preferences for online shopping. Key players are focusing on introducing innovative products in the market which is further projected to foster the growth of the industrial labels market.

The Asia Pacific is projected to lead the global industrial labels market and this is due to the fact that this region is accounted for the rapid urbanization and industrialization. According to the United Nation, Asia-Pacific is now dominantly urban — more than half the region’s population in 2019 live in cities and towns. The region’s urban population exceeded 2.3 billion, comprising 54 percent of all urbanites on the planet. “The region’s number of urban dwellers is expected to rise to more than 2.8 billion in 2030 and reach nearly 3.5 billion in 2050.

Industrial labels are required by all types of industries, whether it is a distribution business an engineering company, or a construction business. What are industrial labels? It's a term for any vinyl or paper material that contains information printed on them and used for identification purposes. The information may include the name of the company that produced the label, the date it was produced, and what it says. There are many uses for industrial labels in today's world. For example, many companies use industrial tags to put their employees' names on items they come in contact with every day, such as their lunch boxes.


No comments:

Post a Comment

Global Bio-Based Propylene Glycol Market 2020 Industry Challenges Business Overview And Forecast Research Study 2026

The worldwide substance industry has been intensely reliant upon non-renewable energy source for delivering an assortment of pe...