Lead packaging analysts at Future Market Insights speculate the inkjet label market to progress at a sluggish 2.1% CAGR from 2024 to 2034. A thematic analysis of the inkjet label ecosystem points to a potential valuation of USD 6 billion in 2024.
With key countries attaining maturity levels in terms of production and manufacturing, the scope for inkjet label market growth is slated to remain stagnated in the near future. However, as investment opportunities and potential application areas open up, the market is set to retain a positive expansion trajectory.
Going by the aforementioned trends, the report anticipates the market for inkjet label to attain a valuation of USD 7.8 billion in 2034. FMI’s analysts further opine that the market is slated to grow 1.3x in the coming decade.
Attributes | Key Insights |
---|---|
Inkjet Label Market Size in 2024 | USD 6 billion |
Inkjet Label Market Value in 2034 | USD 7.8 billion |
Inkjet Label Value-based CAGR from 2024 to 2034 | 2.10% |
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The inkjet label market accounted for a 2.70% CAGR from 2019 to 2023. Foil stamping combines real metal with different foil colors to create distinctive features like micro-embossing and registered 3D foil. Particularly in the wine and spirits industries, embellishing Label gives them a more upscale appearance.
Label with variable colors were created as a result of changes in regulatory requirements in end-use markets. While remaining compliant with legal requirements, this allows Label to be printed in different colors.
For die-cutting papers, laser die-cutting technology is becoming more prevalent in the label industry. Using it, new industrial labeling solutions can be created faster, more accurately, and more cost-effectively. As a result, an annual growth rate of 2.10 % is forecast for the future period from 2024 to 2034.
Historical CAGR from 2019 to 2023 | 2.70% |
---|---|
Forecast CAGR from 2024 to 2034 | 2.10% |
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A market analysis of inkjet Label across key countries is provided, including those in the United States, United Kingdom, India, China, and South Korea. Analyses are conducted on the factors that drive the demand for inkjet Label in these countries.
Counries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 1.6% |
The United Kingdom | 1.1% |
China | 4.5% |
India | 5.5% |
South Korea | 2.3% |
A CAGR of 1.6% is predicted for the United States over the next ten years. A rising demand for customized packaging is driving the market for inkjet Label in the United States. Label production can be customized more easily and more flexibly with the use of digital printing technology. E-commerce and online shopping drive the demand for distinctive, premium Label.
Sustainability and the need for environmentally friendly packaging drive the use of recyclable inkjet Label. Food and beverage industries are growing, offering opportunities for inkjet Label that use FDA-approved inks and comply with food safety regulations. Investing in cutting-edge printing software and equipment can increase label production quality and efficiency.
A CAGR of 1.1% is predicted for the United Kingdom between 2024 and 2034. With a growing demand for premium and specialty labels, the United Kingdom inkjet Label market is experiencing rapid growth.
Flexible and affordable label printing solutions are provided by digital printing technology adoption. Craft beer and artisanal food industries offer opportunities for distinctive and personalized label designs. A focus on sustainable packaging solutions has led to an increase in demand for environmentally friendly inkjet Label.
As direct-to-consumer brands and internet retail expand, on-demand label printing becomes more essential. Collaboration between brand owners and label printers fosters innovation in label design and printing.
A 4.5% growth rate is forecast for China during the forecast period. An expanding manufacturing and consumer goods sectors are driving the demand for inkjet labels in this region.
Product authenticity and traceability drive the use of inkjet labels with variable data printing capabilities. With sophisticated technology and machinery, the printing industry in China is highly developed. A quick response time is achieved with the system, enabling companies to produce Label at high volumes more efficiently and meet large orders on time.
Besides security Label and tamper-proof labels, Chinese printers also offer Label with barcodes, warranty VOID Label, and more. As well as custom Label, they are also capable of printing variable data and sequential numbers.
The packaging industry in India is growing significantly, a development which drives the demand for inkjet labels. Digital printing offers affordable and adaptable alternatives to traditional label printing.
Pharmaceutical companies are poised for growth, which presents an opportunity to develop reliable and safe inkjet labels. India is expected to expand at a 5.5% CAGR during the forecast period.
Product branding and shelf appeal increase the demand for eye-catching and colorful labels. A cost-effective printing solution for short print runs is inkjet labels. Their affordability makes them an excellent choice for businesses needing on-demand labels.
This innovation-driven economy and strong technical infrastructure will continue to drive advances in printing technology in Korea. Korea is expected to expand at a CAGR of 2.3% between 2024 and 2034.
Due to the high level of tech-savvy consumers in South Korea and the country's leadership in electronic manufacturing, RFID and NFC technology integration is particularly interesting. Integrating e-commerce platforms and logistics systems seamlessly will support the country's booming online retail sector.
This section illustrates the market's leading segment. The continuous inkjet segment will account for 52.90% of the market by 2024. A share of 51.70% is expected for continuous inkjet between 2024 and 2034.
Category | Market Share in 2024 |
---|---|
Continuous Inkjet | 52.90% |
Plastic | 51.70% |
Continuous inkjet (CIJ) is a popular printing technique that expels ink from print nozzles in a continuous, constant flow. In terms of industrial applications, they are an excellent choice.
Apart from printing on porous and non-porous surfaces, the machine may print on surfaces of any shape or size, including curves. As a result, they are suitable for marking many different types of materials, including cans, bottles, films, and other main packaging materials.
The capability of CIJ technology not only allows for the fast reading of brief codes but also for the production of high-throughput materials. CIJ printers comply with industry standards, such as those in the pharmaceutical, food, and beverage industries.
Due to their continuous circulation process, CIJ printers provide instant traceability. In addition to reducing waste and saving time, CIJ printers eliminate the need for pre-printed packaging and human marking.
As e-commerce platforms have become more prevalent, Label have become more in demand. Labels made with plastic inkjet are popular due to their durability, moisture resistance, and ability to withstand various environmental factors.
Labels printed with inkjet printers produce high-quality prints with intricate designs and vivid colors. The need for brands and products to differentiate themselves becomes more important as the market matures.
Inkjet labels made from plastic are used in various applications beyond consumer products. Identifying machinery, equipment, and assets in industrial settings is facilitated by their durability and resistance to wear and tear.
Due to increased environmental awareness, eco-friendly alternatives to plastic Label are becoming more popular. Plastic Label that are biodegradable or recyclable may benefit from this trend, leading to innovations in the market
Researchers and market players often collaborate and form partnerships. This collaboration facilitates knowledge sharing, technology transfer, and product development. Combining expertise and resources can increase inkjet label demand and accelerate innovation.
Key Market Developments
Attributes | Details |
---|---|
Market Size in 2024 | USD 6 billion |
Market Valuation in 2034 | USD 7.8 billion |
Value-based CAGR 2024 to 2034 | 2.10% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD billion |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
Key Market Segments Covered | Printing Technology, Material, End User, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled | Avery Dennison Corporation; Klöckner Pentaplast; BRADY Corp; 3M Company; Multi-Color Corporation; CCL Industries Inc.; Fuji Seal International Inc.; UPM Raflatac; Fort Dearborn Company; Resource Label Group; LLC |
The inkjet label market is expected to reach USD 6 billion by 2024.
By 2034, the inkjet label market is expected to reach USD 7.8 billion.
A CAGR of 2.10% is predicted for the inkjet Label market between 2024 and 2034.
Market share for the plastic segment is likely to increase to 51.70% by 2024.
China, the United States, the United Kingdom, Japan, and South Korea will lead the market in the coming years.
Estimated Size, 2025 | USD 7.8 billion |
Projected Size, 2035 | USD 12.1 billion |
Value-based CAGR (2025 to 2035) | 4.5% |
Estimated Market Size (2024E) | USD 629.4 million |
---|---|
Projected Market Size (2034F) | USD 1,035 million |
Value-based CAGR (2024 to 2034) | 5.1% |
Market Estimated Size (2023E) | USD 1.8 billion |
---|---|
Projected Market Valuation (2033F) | USD 3.9 billion |
Value-based CAGR (2023 to 2033) | 7.7% |
Estimated Market Value (2023) | USD 513.3 million |
---|---|
Projected Market Value (2033) | USD 752.6 million |
Value-based CAGR (2023 to 2033) | 3.9% |
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