What is a label? What industries will labels cover? What materials will be used for the label? What is the development trend of the label industry? Today, the Editor will take you closer to the label.
With the upgrading of consumption, the development of e-commerce economy, and the logistics industry, the label industry has once again entered a period of rapid development.
In recent years, the global label printing market has steadily grown, with a total output value of 43.25 billion US dollars in 2020. The label printing market will continue to grow at a compound annual growth rate of 4% -6%, with a total output value of 49.9 billion US dollars by 2024.
So, what materials will be used for the label?
In general, label materials involve:
Paper labels: Common ones include plain paper, coated paper, laser paper, etc.
Plastic labels: Common ones include PVC, PET, PE, etc.
Metal labels: Common ones include aluminum alloy, stainless steel, etc.
Textile labels: Common types include fabric labels, ribbon labels, etc.
Electronic tags: Common ones include RFID tags, electronic bills, etc.
The chain of the labeling industry:
The industry of label printing is mainly divided into upper, middle and downstream industries.
Upstream mainly includes raw material suppliers, such as paper manufacturers, ink manufacturers, adhesive manufacturers, etc. These suppliers provide various materials and chemicals required for label printing.
Midstream is a label printing enterprise that includes design, plate making, printing, cutting, and post processing. These enterprises are responsible for accepting customer orders and conducting label printing production.
Downstream are various industries that use labels, such as commodity production enterprises, logistics enterprises, retail enterprises, etc. These industries apply labels to fields such as product packaging and logistics management.
What industries are currently covered by labels?
In daily life, labels can be seen everywhere and involve various industries. Logistics, finance, retail, catering, aviation, internet, etc.Adhesive labels are very popular in this field, such as alcohol labels, food and drug labels, washing products, etc. Not only are they stickable, printable, and designable, but the most important reason is the enhancement of brand awareness, once again bringing greater demand to this field!
So what are the advantages of the development of the label market?
1. Wide market demand: Currently, the label market has been basically stable and developing upwards. Labels are an essential part of commodity packaging and logistics management, and the market demand is very broad and stable.
2. Technological innovation: With the development of technology, the new trend of people’s thinking drives continuous innovation in label technology, in order to meet personalized customization needs of different industries.
3.Large profit margin: For label printing, it is mass production, and each printing can obtain a batch of finished label products with low costs, so the profit margin is very large.
On the Development Trends of the Label Industry
With the development of technology, people have begun to pay attention to intelligent production. Therefore, the labeling industry is also about to usher in a revolution.
Electronic tags, as an information technology with broad application prospects and huge market potential, have a very broad development prospect.However, due to the lack of standardization and the impact of cost environment, the development of electronic labels is constrained to some extent. However, the editor believes that through continuous technological innovation and strengthened industrial collaboration and security supervision, the healthy and sustainable development of the electronic label industry will ultimately be achieved!
The increasing demand for labels has driven the demand for label cutting machines. How can we choose a cutting machine that is efficient, intelligent, and cost-effective?
The editor will take you into the IECHO label cutting machine and pay attention to it. The next section will be even more exciting!
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Post time: Aug-31-2023