Label Printer Market at a CAGR of 8.85% with Segmentation, Trends, Competitive Landscape & Industry Outlook
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Data Bridge Market Research analyses that the label printer market will project a CAGR of 8.85% for the forecast period of 2022-2029. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies such as India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing, growing demand for flexible packaging printing and their application by a wide range of industry verticals and increased personal disposable income are the factors driving the growth of label printer market.
Label printers are the machines that have a built-in keyboard and display for stand-alone use. Label printers print on self-adhesive label material and are also sometimes known as label makers. Label printers are used for a wide range of applications such as supply chain management, retail price marking, packaging labels, and fixed assets management. Label printers are used to print the information or symbols about the product or item which is useful for both the buyer and the seller.
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Some of the major players operating in the label printer market Afinia Label, Primera Technology, NeuraLabel Printing Solutions, iSys Label, Focus Label Machinery Ltd., Dantex, Epson India Pvt Ltd., Allen Datagraph Systems, Inc., Valloy Incorporation, Colordyne Technologies, Durst Group AG, Electronics For Imaging, Inc., Domino Printing Sciences plc, FUJIFILM Corporation, Gallus, HP Development Company, L.P., SATO Argox India Pvt. Ltd., Honeywell International Inc., and TSC Auto ID Technology Co., Ltd., among others.
Global Label Printer Market Scope and Market Size
Global label printer market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the label printer market is segmented into desktop type, industrial type and mobile type.
- Label printer market is segmented in terms of market value, volume, market opportunities and niches into multiple applications. The application segment for label printer market includes specialty, organic and gourmet foods and beverages, wineries, breweries and distilleries, cosmetics and personal care products, private labelling and other.
- Based on end-user, the label printer market is segmented into construction materials, cement and lime.
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Label Printer Market Country Level Analysis
The global label printer market is analysed and market size insights and trends are provided by country, type, application and end-user as referenced above.
The countries covered in the label printer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region will dominate the global label printer market during the forecast period owing to the increasing application of flexible packaging solutions by the various industries. Asia-Pacific will score the highest growth rate owing to the growing number of manufacturing industries, mushrooming consumer crater of packaged goods, growth and expansion of various end user verticals, rapid industrialization, and increased personal disposable income.
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