Market Share of Print and Apply Labeling and Labeling Equipment Industry
The print and apply labeling and labeling equipment market is fragmented with the presence of major players like SIDEL (Tetra Laval Group), Sacmi Imola SC, Krones AG, Kunshan Bojin Trading Co. Ltd., and others. Players in the market are adopting strategies such as partnerships, mergers, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
In April 2023, Axon, a ProMach product brand, will showcase their recently released technology HE-500 steam shrink tunnel, which offers craft brewers a patented design for superior performance.
In October 2023, Sidel launched the latest stretch film technology, EvoFilm Stretch, which is designed to offer the beverage, food, home, and personal care (FHPC) markets a new sustainable solution for secondary packaging. As consumer trends, such as sustainability and SKU proliferation, continue to affect distribution and production needs, customers require alternative secondary packaging solutions that can address these demands in a more cost-effective way.
Print & Apply Labeling & Labeling Equipment Market Leaders
SIDEL (Tetra Laval Group)
Sacmi Imola S.C.
KHS GmbH
Kunshan Bojin Trading Co., Ltd
Worldpack Automation Systems
*Disclaimer: Major Players sorted in no particular order