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Manufacturers are increasingly developing machines that address diverse packaging requirements, spanning from cylindrical bottles and flat surfaces to irregular containers and eco-friendly materials. This evolution is paving the way for opportunities in niche sectors, notably specialty goods and sustainable packaging. Startups and SMEs are gravitating towards semi-automatic labelling machines, primarily for their cost-effectiveness when juxtaposed with fully automated systems. Furthermore, these semi-automatic machines' adaptability to different production scales enhances the return on investment for manufacturers in competitive markets.
The U.S. market generated approximately USD 301 million in 2023, driven by a growing preference for convenience, health-conscious choices, and premium offerings in the packaged food and beverages sector.
The food & beverages segment held around 34% of the total market share in 2023 and is anticipated to grow at a CAGR of 3.9% during the forecast period, driven by increasing urbanization and demand for packaged food items.
The global market size for semi-automatic labelling machines was valued at USD 1.43 billion in 2023 and is expected to reach USD 1.97 billion by 2032, driven by a CAGR of over 3.6% from 2024 to 2032.
Major players in the industry include Accutek Packaging Equipment Company, Adeneli Packaging Corp., All-Fill Inc., APACKS, BW Packaging (Barry-Wehmiller), Herma GmbH, Kraus Maschinenbau GmbH, Marchesini Group, Shanghai BaZhou Industrial Co., Ltd., Shree Bhagwati Equipments, and Tronics.