EMEAR Label Color Printing Market Size By Type (Inkjet Printers and Laser Printers), By Application (Food labels, Beverages labels, Cosmetics, Pharmaceutical labels), By Geographic Scope And Forecast
Published on: 2024-08-09 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
EMEAR Label Color Printing Market Size By Type (Inkjet Printers and Laser Printers), By Application (Food labels, Beverages labels, Cosmetics, Pharmaceutical labels), By Geographic Scope And Forecast
EMEAR Label Color Printing Market Size And Forecast
EMEAR Label Color Printing Market size was valued at USD 2,398.91 Million in 2021 and is projected to reach USD 3,915.11 Million by 2030, growing at a CAGR of 5.86% from 2022 to 2030.
The growth of this market is mainly attributed to the increasing demands for higher quality labels and prints for luxury and food and beverage manufacturers and the growing popularity of on-demand color printing technology. The EMEAR report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
EMEAR Label Color Printing Market Definition
The label is defined as a piece of paper, polymer, cloth, metal, or any other material fixed to a container or article, on which a legend, information concerning the product, addresses, etc. is printed. It can also be used for printing directly on the container or article. Labels are useful for various purposes such as product identification, displaying product ingredients, grabbing audience attention, showcasing warnings, advertising, and other communication. Label printers are different from traditional printers as they need to have special feed mechanisms for handling rolled stock, or tear sheet (fanfold) stock. There is much connectivity that is commonly used for label printers such as RS-232 serial, Universal Serial Bus (USB), parallel, Ethernet, and various kinds of wireless. The laborcolor printing finds application mostly commonly in short-run printing. The advantage of labelcolor printing is durable and low-cost production; promotes on-demand printing, and minimizes production time with control of the overall printing process.
EMEAR Label Color Printing Market Overview
The growth of this market is mainly attributed to the increasing demands for higher quality labels and prints for luxury and food and beverage manufacturers and the growing popularity of on-demand color printing technology. The on-demand color printer is widely used owing to its increasing benefits. It has a wide range of applications, from manufacturing and retail to pharmacy, healthcare, and ticketing. In Europe and the Middle East, growing end-user industries are creating equal opportunities for the label color printing market.In addition, increasing trends and advancements in label color printer technologies and the growing demand for cost-effective labeling solutions are creating opportunities for the market to grow. With the technologies enhancing, the market is developing high-performance printers offering very high quality and reliability. As a result, many label printing companies are offering printers with improved capabilities. However, the increased investment cost required in label color printers is restraining the growth of the overall market.
EMEAR Label Color Printing MarketSegmentation Analysis
The EMEAR Label Color Printing Market is segmented on the basis of Type, Application, and Geography.
EMEAR Label Color Printing Market, By Type
• Inkjet Printers• Laser Printers
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Based on Type, the market is segmented into Inkjet Printers and Laser Printers. By Type, Laser printing segment is the most significant and fastest-growing during the forecast period in the EMEAR Label color printing market. This is because Laser printing offers rapid color label printing options in comparison to inkjet laser printing, especially for high-volume color label printing. Further, Laser printer types include colored laser printers and monochrome laser printers. Monochrome laser printers are a cost-effective printing solution for printing black and white prints. Whereas, colored laser printers have an excellent ability to print in full color in combination with the speed of monochrome laser prints.
EMEAR Label Color Printing Market, By Application
• Food labels• Beverages labels• Cosmetics• Pharmaceutical labels• Retail Products• Others
By Application, Label Color Printing is used in Food labels, Beverages labels, Cosmetics, Pharmaceutical labels, Retail Products, and Others. By Application, the Food labels segment is dominant in the EMEAR Label color printing market. The dominance is owing to the increasing demand for processed food products, creating higher demand for food labels that reflects information about the product ingredients. Customer consciousness regarding food ingredients has also risen in past few years, an outcome of growing awareness of the population regarding the ill effects of several hazardous ingredients, which is pushing the demand for color label printing.
EMEAR Label Color Printing Market, By Geography
• Europe• Middle East and Africa
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On the basis of Regional Analysis, the EMEAR Label Color Printing Market is classified into Europe, Middle East and Africa. The European region has a prominent presence and holds the major share of the market. Europe is anticipated to account for a significant market share by 2030. Germany is one of Europe’s main markets. Germany is growing with a significant CAGR of 6.71% over the forecast period. The growth of this nation is further fueled due to the growing German pharmaceutical industry. A large population pool and favorable healthcare infrastructure with higher investment in the research and development activities to develop new drugs is pushing the demand for color label printing. The region is projected to gain an incremental market value of USD 332.30 Million and is projected to grow at a CAGR of 6.71% between 2023 and 2030. The emergence of innovative products, and strong supply channels through direct and indirect distribution channels in the European market demand innovative printing.
Key Players
The “EMEAR Label Color Printing Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as Canon Inc., Seiko Epson Corporation (EPSON), Brother Industries, Ltd., Afinia Label, Primera Technology, Inc., VIPColor Technologies Pte Ltd, Lexmark International, Inc., BIXOLON, Cab Produkttechnik GmbH & Co KG. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Canon Inc., Seiko Epson Corporation (EPSON), Brother Industries, Ltd., Afinia Label, Primera Technology, Inc., VIPColor Technologies Pte Ltd, & Others |
SEGMENTS COVERED | Type, Application, and Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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