Market Share of Industrial Labels Industry
The industrial labels market is fragmented, with the presence of key players such as Avery Dennison Corporation, 3M Company, CCL Industries Inc., Brady Corporation, and more. Companies are focused on innovating new solutions to the industry through acquisitions, collaborations, or investments as part of expanding their portfolio.
For instance, in April 2023, CCL Industries announced two intelligent label acquisitions. CCL Industries acquired eAgile Inc. and Alert Systems ApS. EAgile Inc is a patented hardware and software solution for the healthcare industry supplied alongside RFID inlays embedded into labels. Alert Systems provides patented anti-theft solutions sold alongside Checkpoint's Merchandise Availability Solutions (MAS) product lines.
In April 2023, Avery Dennison created AD XeroLinr DT, a new sustainable, lineless option for variable information (VI) labels, which is especially important in today's developing logistics and e-commerce industries as the number of parcels being delivered grows by the day. AD XeroLinr DT provides up to 60% more labels per roll and fewer roll changes, increasing client productivity.
Industrial Labels Market Leaders
Avery Dennison Corporation
3M Company
Brady Corporation
CCL Industries Inc.
UPM RAFLATAC
*Disclaimer: Major Players sorted in no particular order
