PUBLISHER: The Business Research Company | PRODUCT CODE: 1425307
PUBLISHER: The Business Research Company | PRODUCT CODE: 1425307
C Wrap Labelling Machine Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on c wrap labelling machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for c wrap labelling machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The c wrap labelling machine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
A C wrap labelling machine is a specialized apparatus designed for efficient labeling, where the applicator positions the label in place, simultaneously applying it to three sides of the product.
The primary categories of C wrap labeling machines include semi-automatic and fully automatic variants. Semi-automatic machines refer to partially automated equipment. A Semi-automatic C wrap labeling machine is employed for precise single-side labeling in the low-volume production of round bottles. The labeling process covers the top and two sides, or top-side and bottom, operating at varying speeds such as up to 100 packets per minute, 101 to 200 packets per minute, 201 to 300 packets per minute, and exceeding 300 packets per minute. These machines find application in labeling clamshells, oval trays, conical pots, sleeves, flat boards, skin trays, thermoformed packs, and other formats in the food, meat, seafood, bakery products, confectionery, electronics and electricals, cosmetics and personal care, pharmaceutical and health care, as well as chemicals and minerals industries.
The C wrap labeling machine market research report is one of a series of new reports from The Business Research Company that provides C wrap labeling machine market statistics, including C wrap labeling machine industry global market size, regional shares, competitors with C wrap labeling machine market share, detailed C wrap labeling machine market segments, market trends, and opportunities, and any further data you may need to thrive in the C wrap labeling machine industry. This C wrap labeling machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The c wrap labelling machine market size has grown strongly in recent years. It will grow from $1.71 billion in 2023 to $1.82 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The expansion observed in the historical period can be credited to a heightened demand for sustainable packaging solutions, driven by consumer preferences for eco-friendly products. This growth was further propelled by the increasing applications of sustainable packaging in the food packaging sector and its diverse usage across various industries.
The c wrap labelling machine market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the forecast period can be attributed to a surge in regulatory support for green initiatives, a notable increase in e-commerce penetration, changing consumer preferences, the expansion of the food and beverage sector, and an increased emphasis on quality control. Key trends expected in the forecast period encompass customization and personalization, a rise in bio-based coatings, advancements in print and design technologies, a growing demand for sustainable barrier packaging, and a notable shift towards lightweight packaging.
The C-wrap labeling machine market is anticipated to experience significant growth, driven by the expanding landscape of e-commerce and online shopping. This trend, characterized by the electronic exchange of goods and services, has surged in recent years, leading to an increased demand for C-wrap labeling machines for rapid and efficient labeling and packaging. As of May 2021, the United Nations Conference on Trade and Development reported a growth in global e-commerce from 16% to 19% in 2020, representing the proportion of online retail sales in total retail sales. The surge in e-commerce and online shopping activities is a key factor fueling the growth of the C-wrap labeling machine market.
The growth of the C-wrap labeling machine market is further propelled by the rising demand for pharmaceutical products. With pharmaceutical product sales reaching $59.3 billion in 2022, as reported by the Merck Group, these products require precise and compliant labeling for accurate identification, regulatory compliance, and traceability. C-wrap labeling machines play a pivotal role in meeting these requirements, contributing to the growth of the market. The increasing demand for pharmaceutical products is a significant driver for the C-wrap labeling machine market.
Technological advancement stands out as a prominent trend in the C-wrap labeling machine market, with major companies incorporating advanced technologies to maintain a competitive edge. For example, in September 2023, Multivac, a Germany-based company, introduced the L 312 model, a conveyor belt labeler designed for full-wrap labeling of random-weight products. This system enhances product presentation, offers flexibility in label shape, material, and adhesive choices, ensures maximum labeling accuracy, and provides an automatic labeling process. Technological innovation remains a key focus for companies operating in the C-wrap labeling machine market.
Strategic acquisitions are shaping the landscape of the C-wrap labeling machine market. In June 2022, Reflex Group Ltd., a UK-based labeling company, acquired Barcom AS, an India-based company specializing in manufacturing application equipment, including thermal printers. This acquisition is expected to strengthen Reflex Group Ltd.'s presence in Norway. Additionally, in February 2022, Phoenix Partners, a US-based private equity group, acquired Nita Labeling Systems, a Canada-based manufacturer of C-wrap labeling machines. This strategic move aims to accelerate Nita's expansion and global footprint. Strategic acquisitions contribute to the competitive positioning and growth strategies of companies in the C-wrap labeling machine market.
Major companies operating in the c wrap labelling machine market report are Advanced Labelling Systems Limited, ALTech UK Labelling Technologies Ltd., Arca Etichette SpA, Precision Labelling Systems Ltd., Premier Labellers, GlobeWeigh, Inspiron Systems Ltd., Multivac Inc., Electrical Research and Development Association, Shree Bhagwati Labelling Technologies, Quadrel Labeling Systems, Scanvaegt Systems A/S, Solo labeller Technology S/B, Sovereign Labelling Machines Ltd., Accutek Packaging Equipment Companies Inc., Amcor Limited, Avery Dennison Corporation, B & H Labeling Systems, Barry-Wehmiller Companies Inc., CVC Technologies Inc., Domino Printing Sciences PLC, EPI Labelers, Etiquette Labels Ltd., FoxJet Inc., Fuji Seal International Inc., Gernep GmbH, Harland Machine Systems Ltd., Krones AG, Label-Aire Inc., Labeling Systems Inc., LSI Labeling Systems Inc., Markem-Imaje Corporation, Matthews International Corporation, Multivac Group, P.E. Labellers S.p.A., Re-Pack Inc., Rennco LLC, Sacmi Group, Sidel Group, Weber Marking Systems GmbH, WLS Packaging Solutions, and Zebra Technologies Corporation
North America was the largest region in the C wrap labelling machine market share in 2023. The regions covered in the c wrap labelling machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the c wrap labelling machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The C wrap labelling machine market consists of sales of full wrap labelling machines and C-wrap labelling applicator systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.