Uploaded on Jun 12, 2019
Industrial Labels Market
Industrial Labels Market
Industrial Labels Market - Quantitative Market Analysis, Current and Future Trends
Industrial Labels are used for identification, advertising, and operating instruction purposes. They are
engineered to survive the conditions of the equipment they are used on. They are used in
transportation, automotive, manufacture of consumer goods, and construction industries. Industrial
Labels can be designed to be moisture resistant, dust resistant, and high temperature and pressure
resistant with anti-peel properties.
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The primary use of label is to identify equipment and provide visual or textual information regarding
use or risks. They also help keep track of manufactured products across the supply chain. The major
drivers are security and tracking of equipment, which ensures efficient transit of goods. The major
challenge is the large capital investment in setting up a labelling system.
Industrial Labels Market Taxonomy
On basis of type of label, the industrial labels market is segmented into:
•Brand
•Grade
•Descriptive
•Informative
On basis of Application, the industrial labels market is segmented into:
•Security
•Equipment Asset
•Weatherproof
•Branding
•Others
On basis of Material, the industrial labels market is segmented into:
•Plastic
•Polypropylene (PP)
•Polyethylene (PE)
•Polycarbonate (PC)
•Polyurethane (PU)
•Others
•Cloth or Fabric
•Metal
•Paper
•Rubber
•Bio stone
•Others
On basis of Mechanism, the industrial labels market is segmented into:
•Pressure Sensitive
•Glue Applied
•Heat Transfer
•In-Mold
•Others
On basis of Identification Technique, the industrial labels market is segmented into:
•Radio Frequency Identification (RFID)
•Barcode
•Magnetic Stripes
•Optical Character Recognition (OCR)
•Others
On basis of Printing Technology, the industrial labels market is segmented into:
•Flexography
•Offset
•Digital Printing
•Screen Printing
•Others
On basis of End User, the industrial labels market is segmented into:
•Transportation
•Automotive
•Consumer Goods
•Construction
•Others
Brand label displays the brand and/or company, which manufactured the product. Grade label
indicates quality of product (e.g. A, B, C). Descriptive label provides information regarding use of
product and informative label indicates any additional information (i.e. date of manufacture & expiry,
intermediary).
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Security labels are the largest segment and are used to indicate any tampering of product. Also, based
on material, plastic is the most used segment across all end user industries. Among identification
techniques, Radio frequency identification (RFID) tags allow real-time location tracking across the
supply chain. The barcode system is being replaced by RFID.
Transportation and automotive are the largest end user industries. Online shopping and mass
movement of goods through various locations has boosted the industry.
Industrial Labels Market Outlook
•Asia Pacific is the fastest growing market. Rise in transportation and automotive sectors has
driven the market growth. Increased consumption in India and China due to rising populations
has led to increasing demand for goods, which in turn has boosted the industrial labels
market. The advent of online shopping has resulted into vast increase in both cross border and
domestic trade. India is slated to have 175 million online shoppers by 2020, which is a result
of price wars between e-commerce giants Flipkart, Amazon, and others.
•North America and Europe posted strong sales in automobile sector which resulted in
burgeoning growth in the industrial labels market. An estimated 17.55 million vehicles were
sold in the US in 2016, with pickups and SUV’s the favored vehicles, due to low gasoline
prices. This trend is expected to reverse as governments impose tough emission legislation.
Three major automakers Ford, G.M, and Chrysler are the largest consumers of industrial labels.
•Latin American industrial label market is projected to grow due to flourishing transportation
and automobile industries. Increased consumption and shift to personal transportation are a
result of higher disposable income. Brazil, Argentina, and Mexico are major markets in the
forecast period.
•Middle East and Africa smallest markets for transportation and automobile. Many African
countries are largely un-motorized. GCC is showing burgeoning growth in luxury automobile
and e-commerce segment which has increased trade with Asia Pacific region.
The launching of Middle East’s largest e-commerce website “noon.com” in January, 2017 has boosted
the industrial labels market in the region. The site has an inventory of 20 million products and is
partly funded by Saudi Arabia’s Public Investment Fund and other private GCC investors.
Key players operating industrial labels market include HP Inc., Cannon Inc., Xerox Corporation,
Cenveo, Inc., CL Industries, Inc., H.B. Fuller Co., Cenveo, Inc., Dunmore Corporation, 3M Company,
Brady Corporation, Avery Dennison Corporation, DuPont, and Henkel Ag & Company.
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