The global variable data printing labels market is estimated to be valued at USD 18.89 Bn in 2024 and is expected to reach USD 45.83 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 18.89 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
13.50% |
2031 Value Projection: |
US$ 45.83 Bn |
Figure. Variable Data Printing Labels Market Share (%), By Region, 2024
The variable data printing labels market refers to the use of advanced printing technology that allows different text, images, or graphical elements to be incorporated into each individual label during the printing process. This enables customized labeling for individual products without requiring pre-printed stock. Variable data printing leverages digitally delivered data and high-speed inkjet, toner, or thermal transfer printing equipment to produce labels on-demand with customized content. It offers many benefits over traditional stock pre-printed labels including reduced inventory costs, greater flexibility to address small production runs or customized orders, and enhanced marketing capabilities through time, date or customer-specific messaging. Growing adoption across industries such as food & beverage, home & personal care, pharmaceuticals, and logistics is expected to drive significant growth for the global variable data printing labels market in the coming years.
Market Dynamics:
The global variable data printing labels market is driven by several factors such as the growing need for customized and flexible labeling solutions across various end-use industries, reduced inventory and waste management costs associated with on-demand labeling, and ability to enhance product marketing and promotions through dynamic labeling. Additionally, rapid advancements in digital printing technologies have made variable data printing more affordable and accessible for commercial applications. However, market growth can be restrained due to higher upfront costs of variable data printing equipment compared to traditional analog printing machines. Key opportunities include the integration of real-time data integration, analytics solutions, and artificial intelligence (AI) to enable fully automated and intelligent labeling, expanding scope into emerging applications such as Blockchain-enabled labeling for supply chain traceability.
Key Features of the Study:
- This report provides in-depth analysis of the global variable data printing labels market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global variable data printing labels market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Mondi Plc, HP Inc., R.R. Donnelley & Sons Company, Xerox Corporation, Canon Inc., 3M Company, Quad/Graphics Inc., Avery Dennison Corporation, WS Packaging Group, Inc., Cenveo, Inc., SATO Holdings Corporation, Labelmakers, UPM Raflatac, CCL Industries, Multi-Color Corporation, Smyth Companies, Constantia Flexibles, Avery Products Corporation, Ahlstrom-Munksjo, and Graphic Packaging International
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global variable data printing labels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global variable data printing labels market
Detailed Segmentation:
- Technology Type Insights (Revenue, USD Bn, 2019 - 2031)
- Digital Printing
- Flexographic Printing
- Offset Printing
- Rotogravure Printing
- Label Type Insights (Revenue, USD Bn, 2019 - 2031)
- Pressure-Sensitive Labels
- Shrink Sleeves
- In-mold Labels
- Others
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Food & Beverages
- Pharmaceuticals
- Consumer Goods
- Logistics & Transportation
- Others
- By Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Mondi Plc
- HP Inc.
- R.R. Donnelley & Sons Company
- Xerox Corporation
- Canon Inc.
- 3M Company
- Quad/Graphics Inc.
- Avery Dennison Corporation
- WS Packaging Group, Inc.
- Cenveo, Inc.
- SATO Holdings Corporation
- Labelmakers
- UPM Raflatac
- CCL Industries
- Multi-Color Corporation
- Smyth Companies
- Constantia Flexibles
- Avery Products Corporation
- Ahlstrom-Munksjo
- Graphic Packaging International