Industrial Labels Market: Segmentation, Opportunities, Trends & Future Scope
Posted by Aman Jain on June 12th, 2019
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:
On basis of Application, the industrial labels market is segmented into:
On basis of Material, the industrial labels market is segmented into:
On basis of Mechanism, the industrial labels market is segmented into:
On basis of Identification Technique, the industrial labels market is segmented into:
On basis of Printing Technology, the industrial labels market is segmented into:
On basis of End User, the industrial labels market is segmented into:
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
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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About the AuthorAman Jain
Joined: April 2nd, 2019
Articles Posted: 132
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