Industrial Labels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

Being informed regarding product origin, supply chain, disposal etc. is a crucial aspect for product manufacturers. Industrial labels have emerged as a highly efficient means to deliver such product-related information. Besides, industrial labels also enhance the visible and aesthetic features of products. Through the use of industrial labels, producers can gain an edge over competitors who offer similar products. The advantages offered by industrial labels is resulting in wider adoption by manufacturers worldwide. A major factor attributed to growth of the industrial labels market is that these products can easily be customized in terms of size and shape for a range of end-use applications across industries, with supplementary features as per specific requirement.

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Product manufacturers’ concern regarding the practice of counterfeiting of their products can also be resolved to a great extent by using industrial labels enabled with bar codes and RFID technologies. Counterfeiting has become a worldwide phenomenon, which has been impacting industrial manufacturers severely, by affecting their sales revenue and also respective brand image. This has prompted manufacturers to use effective anti-counterfeiting technologies based on unique codes on labels. Various industrial labels are available in the market that are enabled with both track & trace and anti-counterfeit technologies. Track & trace technology helps manufacturers to maintain proper tracking of products, while anti-counterfeit technology helps to protect products from being counterfeited.

Industrial labels help manufacturers to keep a proper track of products along the entire supply chain. Industrial labels are increasingly finding application in various industries that lets customers know about product specifications, identification of brand, and also give the products an aesthetic look. Demand for...