Industrial Labels Market worth 55.95 Billion USD by 2021, at a CAGR of 5.39%

 The Industrial Labels market for industrial labels is projected to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market for industrial labels is growing due to increasing demand in end-use industries such as construction, automotive, consumer durables, transportation & logistics, and aerospace & defense.

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Warning/security labels type gain maximum traction during the forecast period

Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.

Transportation & logistics segment is projected to grow at the fastest rate during the forecast period

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments’ initiatives to propel FDI have encouraged the industrial labels market to grow.

Asia-Pacific to play a key role in the market for industrial labels

On the basis of key regions, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, excellent industrialization, a huge scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, consumer durables, logistics, marine, and aerospace have played a crucial role in the growth of the market for industrial labels in the Asia-Pacific region.

The key players considered in the report are:

• E. I. du Pont de Nemours and Company (DuPont) (U.S.)
• CCL Industries Inc. (Canada)
• Avery Dennison Corporation (U.S.)
• Brady Corporation (U.S.)
• Cenveo Corporation (U.S.)
• DUNMORE (U.S.)
• Henkel AG & Co. KGaA (Germany)
• H.B. Fuller (U.S.)
• 3M (U.S.)
• Fuji Seal International, Inc. (Japan)

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Industrial Labels Market by Industry (Transportation, Automotive), Type (Warning, Asset Tags)- Global Forecast to 2021

The market for industrial labels is projected to grow USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market for industrial labels is growing due to increasing demand in end-use industries such as construction, automotive, consumer durables, transportation & logistics, and aerospace & defense.

Download the PDF for more insight @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177324755

Warning/security labels type gain maximum traction during the forecast period

Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.

Transportation & logistics segment is projected to grow at the fastest rate during the forecast period

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments’ initiatives to propel FDI have encouraged the industrial labels market to grow.

The strategies such as mergers & acquisitions and agreements & expansions were majorly adopted by most of the players in this market. Companies such as H.B. Fuller (U.S.), Henkel Ag & Co. KGaA (Germany), CCL Industries Inc. (Canada), and Fuji Seal International, Inc. (Japan) were the key players who adopted these strategies to increase the reach of their offerings, improve their production capacity, and establish focus on core operations. Companies also emphasized on new product launches to increase their product portfolio in the fast-growing regions. Companies such as Brady Corporation (U.S.) and DUNMORE (U.S.) have adopted this strategy. These players also have a strong distribution network and influencing presence in the developed as well as developing economies.

Warning/security type of labels gain maximum traction in Industrial Labels Market

Warning/security labels held the largest market share in Industrial Labels Market, in terms of value. It is projected to grow at the highest CAGR. Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at the manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.

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MarketsandMarkets projects that the industrial labels market will grow from USD 43.04 Billion in 2016 to USD 55.95 Billion by 2021, at an estimated CAGR of 5.39%. The market is growing due to growth in end-use industries such as construction, aerospace & defense, automotive, consumer durables, transportation & logistics, and many more. Along with the same, rise in demand of sustainable & recyclable labeling & packaging material has fueled the market for industrial labels. Emerging economies such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) possess a great potential for the industrial label market.

In terms of region, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region is projected to grow at the highest CAGR among all the regions by 2021. This is mainly due to emerging economies in China, Southeast countries and India; urbanization; industrialization; and excellent PEST (political, economic, social, and technological) conditions.

The laser engraving labels segment in the industrial labels market has high growth as these are applicable on almost any type of materials such a platinum, silver, brass, gold, stainless steel, carbide, copper, titanium, and plastics with a variety of advantages.

The key players considered are:

• E. I. du Pont de Nemours and Company (DuPont) (U.S.)
• CCL Industries Inc. (Canada)
• Avery Dennison Corporation (U.S.)
• Brady Corporation (U.S.)
• Cenveo Corporation (U.S.)
• DUNMORE (U.S.)
• Henkel AG & Co. KGaA (Germany)
• H.B. Fuller (U.S.)
• 3M (U.S.)
• Fuji Seal International, Inc. (Japan)

To know about the assumptions considered for the study, download the pdf brochure

Transportation & logistics segment is projected to grow at the fastest rate during the forecast period of Industrial Labels Market

The market for industrial labels is estimated to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. The segments considered for this report are based on type, material, end-use industry, mechanism, printing technology, identification technology, and region. .

To know about the assumptions considered for the study, download the pdf brochure.

The industrial labels market is segmented on the basis of end-use industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments’ initiatives to propel FDI have encouraged the industrial labels market to grow.

Target Audience

• Industrial label manufacturers
• OEMs
• Manufacturing organizations 
• Automotive manufacturers

On the basis of key regions, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, excellent industrialization, a huge scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, consumer durables, logistics, marine, and aerospace have played a crucial role in the growth of the market for industrial labels in the Asia-Pacific region.

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