Automatic Labelling Market: 2023 Size, Share, Segmentation, SWOT Analysis Including Key Players
The automatic labeling machine market is expected to be worth USD 2.5 billion in 2019. It is expected to grow to USD 2.9 billion by 2025, at a CAGR of 3.6% from 2019 to 2024. The factors that are driving the growth of the market include the growing demand for automation in the food industry. Automatic labeling machine market is becoming increasingly important due to automated packaging solutions in different industries such as food & beverages, pharmaceuticals, personal care, consumer products, and logistics, among others. The growing demand for packaging machinery, automated labeling solutions, and high speed & high-quality labeling solutions in tandem with the increasing consumer awareness regarding packaging as well as the demand for packaging in the food industry is driving the need for automatic labeling machines. The automatic labeling machine market for the pharmaceuticals industry is expected to grow at the highest CAGR from 2019 to 2024. The increasing pressure from t