The digital label printer market size has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growing demand for customized and personalized labels, increasing awareness and regulatory pressure regarding environmental sustainability, and increasing demand from various industries such as food and beverages, with an increasing shift to digital printing. The digital label printer market size is expected to see strong growth in the next few years. It will grow to $11.41 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to the rapid expansion of e-commerce, increasing regulatory requirements for product labeling, increased use of apps and other digital content, rising demand for tamper-proof and anti-counterfeit labeling solutions, and an increased need for aggressive branding and marketing. Major trends in the forecast period include integration with smart technologies, adoption of radio frequency identification (RFID) and near-field communication (NFC) technologies for smart labels, sustainable and biodegradable materials for labels, the introduction of cutting-edge printing technologies, and a shift from traditional printing methods to inkjet technology.
Global Digital Label Printer Market Key Driver
The rising demand for food and beverages is expected to drive the growth of the digital label printer market. The food and beverage sector covers consumables that offer nutrition and hydration. The increasing demand is due to population growth, rising preferences for ready-to-eat meals, and the growing popularity of premium, organic, and convenient items. Digital label printers play a crucial role by providing efficient, versatile, and cost-effective solutions for creating high-quality labels that comply with regulatory and marketing needs. According to a report from April 2022 by Common Thread Collective, global food and beverage sales increased from $435.3 billion in 2021 to $506 billion in 2022, with expectations to reach $857 billion by 2025. This increasing demand for food and beverages is driving the digital label printer market.
Get A Free Sample Of The Digital Label Printer Market Report
Global Digital Label Printer Market Segments
The digital label printer market covered in this report is segmented –
1) By Type: Dye Inkjet Digital Label Press, Pigment Inkjet Label Press, Digital Laser Label Press, Other Types
2) By Ink Type: Solvent Based, Water Based, Ultraviolet (UV) Based, Other Ink Types
3) By Technology Type: Inkjet Printers, Laser Printers, Other Technology Types
4) By End-User: Food And Beverages, Personal Care And Cosmetics, Pharmaceutical, Home Care, Consumer Durables And Electronics Goods (CDEG) Industry, Other End-Users
By Geography:The regions covered in the digital label printer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the digital label printer market in 2023.
Major Digital Label Printer Industry Players
HP Inc., Honeywell International Inc., Canon Inc., Ricoh Company Ltd., Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., Lexmark International Inc., Toshiba TEC Corporation, SATO Holdings Corporation, Domino Printing Sciences PLC, Weber Packaging Solutions Inc., Heidelberger Druckmaschinen AG, Primera Technology Inc., The Imaging Systems Group Inc., Microboards Technology LLC , Dantex Group Limited, SCREEN Graphic Solutions Co Ltd., Focus Label Ltd., NeuraLabel Printing Solutions, Nilpeter A/S, Allen Datagraph Systems Inc., Valloy Inc. , Colordyne Technologies LLC
Purchase The Global Digital Label Printer Market Report Directly And Get A Swift Delivery
Digital Label Printer Market Overview
A digital label printer is a printing device that uses digital technology to produce labels directly from digital files. These printers apply ink or toner onto label materials through electronic processes. A digital label printer is widely used across retail, manufacturing, logistics, and healthcare industries, where precise, customizable, and high-quality labeling is essential.
Digital Label Printer Global Market Report 2023 provides data on the global digital label printer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The digital label printer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
