Currently, North America automatic labeling machine holds the largest share in the market. This growth may be attributed to the high demand for high-quality packaging in the regional market.
Automatic Labeling Machine Market size is projected to reach at US$ 2.55 Bn by 2029 from US$ 1.97 Bn in 2022, at a CAGR of 3.7% during the forecast period.
Market Prevalent Opportunities up to 2026 Automatic Labeling Machine Marketincludes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major reg
BriefingWire.com, 5/07/2021 - According to Stratistics MRC, the Global Automatic Labelling Machine Market is accounted for $2.15 billion in 2017 and is expected to reach $3.17 billion by 2026 growing at a CAGR of 4.4%. Growing automation in the food & beverage industry and rising packaging solutions for various products are some of the factors propelling the growth of the market. However, the huge cost of automatic labeling machines likely to hamper the profit boundaries.