Global Label Color Printing Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
22 Jun, 2023
The global label color printing market size is expected to grow from $2.77 billion in 2022 to $2.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global label color printing market size is expected to reach $3.77 billion in 2027 at a CAGR of 6.3%.
Global Label Color Printing Market Key Driver
The rise in product customization is projected to take the label colour printing industry forward in the coming years. Product customization is the process of designing products or services to match the specific demands or preferences of individual clients. This trend is the outcome of a growing need for personalised consumer experiences. Label colour printing enables businesses to produce personalised product labels that are suited to the specific needs and preferences of each consumer.
Get a sample of the global label color printing market reportGlobal Label Color Printing Market Segments
The global label color printing market is segmented:
1) By Type: Laser Printers, Inkjet Printers, Other Types
2) By Technique: Flexographic Label Printing, Gravure Label Printing, Screen Printing, Digital Label Printing
3) By Application: Food Labels, Beverages Labels, Cosmetics, Pharmaceutical Labels, Retail Products
4) By End User Industry: Fast-Moving Consumer Goods (FMCG), Retail, Packaging, Personal Care, Pharmaceutical, Other End User Industries
5) By Geography: The regions covered in the label color printing market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global label color printing market.
Major Label Color Printing Industry Players
Afinia Label, Epson Corporation, VIPColor Technologies Pte Ltd., Primera Technology, Canon Inc., Addmaster Corporation, Avery Dennison Corporation, HP Development Company L P, Toshiba TEC Corporation, Zebra Technology Corp, Cd&R, Brother Industries Ltd., Lexmark International Inc., Cab Produkttechnik GmbH & Co KG, Dell Inc.
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Label Color Printing Market Overview
Label color printing refers to the process of printing labels with a full range of colors, usually using a color printer or a printing press for various purposes such as branding, product packaging, identification, and more.
Label Color Printing Global Market Report 2023 provides data on the global label color printing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The label color printing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.