#Shrink Sleeve Labels Market Trends
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Industry trend|This nearly 20-year-old RFID company was acquired by a listed company
Multi-Color Corporation (MCC) was founded in 1985 and listed on the NASDAQ on August 28, 1987. It has 8,300 employees worldwide. MCC mainly produces and sells self-adhesive labels, serving the home and personal care, food and beverage, wine and spirits, and medical and health food packaging industries. MCC has new trademark pressure-sensitive, bonding, molding, shrink sleeve and cold migration technologies. In addition, MCC is also good at digital printing and provides a complete printing method including flexographic printing, lithography, gravure printing and digital printing, as well as internal pre-press services. MCC entered the Chinese market in 2011 and continues to serve existing multinational consumer brands.
MCC has factories and technical support in North America, Central and South America, Europe, Australia, New Zealand, South Africa and China, and can provide customers with global services. MCC also pays attention to environmental protection and sustainable development. The company uses environmentally friendly printing materials and production processes to reduce the impact on the environment.
Recently, MCC announced the acquisition of Starport Technologies, a smart label technology provider based in Kansas City, Missouri. The financial terms of the transaction were not disclosed.
Starport Technologies was founded in 2006 and has been focusing on the research and development and application of RFID technology since its inception. The company not only has strong R&D capabilities, but also has unique manufacturing processes that can meet the production needs of various surface materials, adhesives, RFID transponders, printing and other special coating rolls. This professional capability makes Starport Technologies highly competitive in the production and manufacturing of RFID tags.
Starport Technologies has a clear market positioning in the RFID industry, mainly serving consumer and supply chain applications. As major consumer products and retailers integrate smart label solutions, including RFID technology, into consumer and supply chain applications, Starport Technologies is in a stage of accelerated profitable growth. The company has won wide market recognition and customer trust with its professional RFID label products and services.
Starport Technologies has also achieved remarkable results in RFID technology innovation. For example, the company has developed a single-chip RFID reader IC for UHF mobile device applications. This reader has the advantages of wide range and low cost, providing a new solution for the application of RFID technology on mobile devices. In addition, Starport Technologies is constantly exploring and developing new RFID technologies and applications to meet the ever-changing market and customer needs.
This acquisition not only brings more resources and support to Starport Technologies, but also enables it to leverage MCC's global leadership to expand its marketing capabilities to meet the needs of customers in the United States and around the world. At the same time, the addition of Starport Technologies also provides MCC with more innovative technologies and features in RFID tags, which will help MCC continue to maintain close cooperation with customers.
Hassan Rmaile, CEO of MCC, said, “RFID is one of the fastest growing areas of MCC’s business and we are very pleased to welcome Starport and its expertise as an industry-leading RFID master label converter to the MCC family. Bringing our two high-performing teams together will allow us to continue to provide the industry with innovative, technical and functional RFID label solutions with exceptional service, quality and customer intimacy.”
Starport Technologies founder and CEO Jeff Nedblake and his staff will move to MCC to manage the newly formed Smart Packaging business unit of the combined company. “MCC’s core products, channel access, operational excellence and balance sheet make them the perfect partner from which we can expand our collective capabilities to meet the needs of our customers both in the U.S. and globally,” Nedblake concluded.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
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Labelexpo Americas 2024 features launches and live demos
In a conversation with Packaging South Asia, Tasha Ventimiglia, group director - Labelexpo Americas 2024, spoke about the highlights of the ongoing show at Donald E. Stephens Convention Center, Chicago. FlexPack@Labelexpo is an inclusive feature with the show for flexible packaging and shrink sleeves, which will allow attendees entering this high-value market to see the latest equipment and materials from leading industry suppliers in the flex pack sector.
“Attendees and exhibitors are witnessing the latest innovations shaping the future of the label and package printing industry — including sustainable material solutions, short-run flexible packaging, workflow automation, and radio frequency identification (RFID) technology,” Ventimiglia said. “There are hundreds of live demonstrations showcasing the latest digital printing technologies and flexo press technology, finishing equipment, materials, inks, and preproduction systems.”
There is a Label Academy masterclass on flexible packaging and a workshop on RFID Technology for Label Converters, aligning with the key trends to be seen at the show. This series will provide attendees with expert guidance on entering or expanding their label production into new, lucrative markets, adding value, and streamlining their current operations.
She adds, “In addition, there was an expanded networking opportunity that included a converter leadership lunch taking place on 10 September. The lunch featured a high-level converter leadership panel discussion, followed by a delegate Q&A, alongside networking time with peer CEOs and thought leaders from major converting groups. A keynote breakfast on 11 September will include a high-level keynote session on automation and AI followed by an expert-led panel discussion, alongside an exclusive networking opportunity with industry leaders.”
At the Innovation Stage, exhibitors got the opportunity to showcase their latest technologies in a series of 20-minute presentations. Labelexpo Americas witnessed the introduction of two highly automated mid-web 26-inch flexo presses targeted at short-run flexible packaging, wraparound, in-mold, and shrink-sleeve labels.
Mark Andy launched the new P-Series S9 flexo press – available in both 22-inch and 26-inch versions - as well as digital and hybrid equipment and Nilpeter demonstrated a 26-inch FA-26 for the first time in the US. HP demonstrated its mid-web format 200k press for the first time at Labelexpo Americas with an add-on slitter to allow label converters to print PS labels and slit inline before finishing off-line. Other new launches include Canon’s prototype water-based inkjet press, the LabelStream SL2000, and the Durst Kjet hybrid press – both machines only seen before at drupa.
“There is more equipment on the show this year than we had in the past,” Ventimiglia says. “This includes new, wider flexo presses, hybrid technology including the new Durst KJet and Mark Andy IQR configured with a 2200 press frame and Domino N610i print engine. The new FlexPack@Labelexpo exhibition, co-located with Labelexpo Americas 2024 focussed on the complete production chain for flexible packaging from materials selection to laminating and pouch-making. This is also the first show to feature the RFID Experience. This is particularly well timed to show label converters how to meet the Walmart RFID mandate, as well as new retail applications from Amazon.”
She explained that the key challenges for label converters include increasing competition, increasing costs of materials, energy, and labor, the difficulty in finding skilled operators, and consolidation amongst end users (brand owners) and suppliers. She says, “The answer to most of these challenges is to automate the converting operation and reduce energy usage and waste – particularly the waste created during the changeover between jobs. At the same time, converters have the opportunity to diversify into higher value-added markets and applications including flexible packaging and RFID/smart labels. At Labelexpo Americas all these key challenges and opportunities will be addressed by exhibitors on the show floor and at educational and networking events.”
According to the group director, the labels industry continues to grow on average at two percentage points above GDP growth in all global markets. This is true for all label formats including pressure-sensitive and wet glue (glue applied) labels. In-mold labels are also growing, albeit at a slightly lower rate, and shrink sleeves remain the fastest-growing label category. New technology developments, including digital embellishment, wider presses, and hybrid machines open up new opportunities for label converters to add value to all these label formats, allowing them to escape from commodity label production where the most intense competition lies and increase profitability.
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Labels Market: Trends, Innovations, and Sustainability Initiatives
The labels market is an integral part of various industries, providing essential product identification, branding, and information dissemination. This article provides an overview of the labels market, including its size, growth projections, key segments, and factors driving its expansion.
Market Overview
In 2023, the labels market reached a significant milestone, with a total volume of around 68.81 billion square meters. Labels play a crucial role across a wide range of sectors, including packaging, retail, pharmaceuticals, food and beverage, logistics, and manufacturing. They serve multiple purposes, such as providing product information, branding, barcoding for inventory management, and regulatory compliance. With the increasing globalization of trade, rising consumer awareness, and evolving regulatory requirements, the demand for labels continues to grow. The market is expected to maintain a robust growth trajectory, with a projected compound annual growth rate (CAGR) of 4.50% between 2024 and 2032. By 2032, the labels market is anticipated to exceed 102.22 billion square meters, driven by factors such as the expansion of e-commerce, growing consumer preferences for sustainable packaging, and advancements in printing technologies.
Key Segments
The labels market comprises various segments based on materials, types, printing technologies, and end-use applications. Common types of labels include pressure-sensitive labels, shrink sleeves, in-mold labels, wrap-around labels, and heat-transfer labels. These labels can be made from different materials such as paper, plastic, metal, and fabric, depending on the application requirements and environmental considerations. Furthermore, labels can be customized with various printing technologies, including flexography, digital printing, offset printing, and screen printing, to achieve desired aesthetics, durability, and functionality. Each segment of the labels market caters to specific industry needs and offers unique benefits in terms of cost-effectiveness, customization options, and performance characteristics.
Market Drivers
Several factors drive the growth of the labels market. The increasing adoption of labels in the packaging industry, driven by stringent regulatory requirements, product differentiation strategies, and brand identity initiatives, fuels market expansion. Additionally, the rise of e-commerce and online retailing has led to a surge in demand for labels for shipping, logistics, and product tracking purposes. Moreover, growing consumer awareness of sustainability issues and environmental concerns has prompted companies to adopt eco-friendly label materials and printing processes, driving innovation and investment in sustainable labeling solutions. Furthermore, technological advancements in printing technologies, such as digital printing and RFID (Radio Frequency Identification), enable the production of high-quality, customizable labels with enhanced efficiency and reduced lead times, further propelling market growth.
Regional Dynamics
The labels market exhibits regional variations in terms of demand, market maturity, and regulatory landscape. Developed regions such as North America and Europe have well-established labeling industries, driven by a strong presence of multinational companies, stringent labeling regulations, and advanced printing technologies. In contrast, emerging economies in Asia-Pacific, Latin America, and Africa offer significant growth opportunities for the labels market, fueled by rapid industrialization, urbanization, and expanding consumer markets. These regions witness increased demand for labels in sectors such as food and beverage, pharmaceuticals, personal care, and automotive, driven by changing consumer lifestyles, urbanization, and rising disposable incomes.
Challenges and Opportunities
Despite the promising growth prospects, the labels market faces challenges such as price volatility of raw materials, intensifying competition, and regulatory complexities. Fluctuations in raw material prices, particularly in the case of petroleum-based materials such as plastics, can impact the profitability of label manufacturers and influence pricing strategies. Moreover, increasing competition from alternative labeling technologies such as direct printing and digital watermarking poses a threat to traditional label printing methods. However, these challenges also present opportunities for innovation, collaboration, and differentiation within the labels market. Companies can explore opportunities in niche markets, invest in R&D to develop sustainable labeling solutions, and leverage digital technologies to offer personalized and interactive labeling experiences for consumers.
Sustainability and Environmental Considerations
Sustainability is a growing focus area in the labels market, driven by increasing consumer awareness of environmental issues and regulatory pressures to reduce packaging waste. Label manufacturers are increasingly adopting eco-friendly materials, such as recycled paper, bio-based plastics, and compostable adhesives, to minimize their environmental footprint. Furthermore, initiatives such as extended producer responsibility (EPR) and eco-labeling schemes encourage companies to adopt sustainable practices throughout the product lifecycle, from sourcing raw materials to end-of-life disposal. Sustainable labeling solutions, such as linerless labels, lightweight materials, and water-based inks, help reduce waste and promote circularity in the packaging industry, aligning with the broader goals of the circular economy and resource efficiency.
Market Consolidation and Mergers & Acquisitions
The labels market is witnessing consolidation through mergers, acquisitions, and strategic partnerships among key players to strengthen their market presence, expand product portfolios, and achieve economies of scale. Large multinational companies are acquiring smaller label converters and regional players to gain access to new markets, technologies, and customer segments. Furthermore, collaborations between label manufacturers, material suppliers, and technology providers facilitate innovation and knowledge sharing, driving industry growth and competitiveness. Additionally, private equity firms and investors are showing increasing interest in the labels sector, attracted by its stable revenue streams, strong cash flow generation, and growth potential in emerging markets.
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Automatic Labelling Machines Market Size | Industry Growth, And Trends
the global Automatic Labelling Machines Market growth is a cornerstone of economic development, influencing the prosperity of nations and shaping the lives of individuals. research proides a diverse array of sectors, each with its unique characteristics and contributing in distinct ways to the overall economic landscape. The growth of Automatic Labelling Machines Market is driven by a multitude of factors, including technological advancements, shifts in consumer preferences, government policies, and the global economic climate.
An extensive overview of the global Automatic Labelling Machines Market Size is provided by the Growth, Share, Price, Trends, Report and Forecast 2027, which evaluates the market based on segments such as types, applications, structural designs, and major regions.
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Automatic Labelling Machines Market Segmentated By:
By Type
Self-Adhesive/Pressure Sensitive
Shrink Sleeves
Glue Based
By Configuration
Stand Alone
Integrated
By Industry
Food & Beverage
Healthcare & Pharmaceuticals
Consumer Goods
Other (Automotive, etc.)
The report examines the most recent market updates and their effects on the whole market. In addition, it analyzes price and demand indicators as well as market demand. Additionally, the report uses Porter's Five Forces and the SWOT models to track the market.
List of Top Key Players in Automatic Labelling Machines Market:
Krones AG (Bavaria, Germany)
Sidel (Tetra Lavel International S.A.) (Emilia-Romagna, Italy)
Sacmi Imola S. C. (Emilia-Romagna, Italy)
Herma (Baden-Württemberg, Germany)
Fuji Seal International Inc. (Kansai, Japan)
Marchesini Group S. P. A. (Emilia-Romagna, Italy)
I. M. A. Industria Macchine Automatiche S. P. A. (Emilia-Romagna, Italy)
KHS GmbH (Salzgitter AG Consolidation Group) (North Rhine-Westphalia, Germany)
Barry – Wehmiller Companies (Missouri, U.S.)
ProMach (Ohio, U.S.)
Novexx Solutions GmbH (Bavaria, Germany)
Accutek Packaging (California, U.S.)
Wuxi Sici Auto Co., Ltd. (Jiangsu, China)
Worldpack Automation Systems (Maharashtra, India)
Weber Marking Systems GmbH (Rhineland-Palatinate, Germany)
Kunshan Bojin Trading Co., Ltd. (Jiangsu, China)
CECLE Machine (Zhejiang, China)
PDC International Corp. (Connecticut, U.S.)
Newman Labelling Systems Ltd (London, England)
Quadrel (Ohio, U.S.)
The global Automatic Labelling Machines Market is divided up according to the type, application, country, company, etc. As they utilize the report as a potent resource, players, stakeholders, and other participants in the global Automatic Labelling Machines Market will be able to gain the upper hand. Sales, revenue, and forecasts by type, application, and region (country) are the main topics of the segmental analysis.
COVID-19 Impact on this Market:
The COVID-19 pandemic significantly affected both short- and long-term trends in the Automatic Labelling Machines Market. Though the precise impacts might differ depending on the area and sector.the COVID-19 pandemic affected the Automatic Labelling Machines Market in a variety of ways, including supply chain disruptions, shifts in the demand for necessities, price fluctuations, and a renewed emphasis on supply chain sustainability and resilience. The Automatic Labelling Machines Market in the post-pandemic era will probably continue to be shaped by these changes' long-term effects.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
Report Highlights:
A thorough rundown of Automatic Labelling Machines Market Size and the current developments influencing the sector, Provide information on past and anticipated growth rates.
Important elements supporting, limiting, challenging, and offering the market a chance.
Significant industry advancements and important insights.
Prominent entities operating within Automatic Labelling Machines Market Size.
Players' major tactics include launching new products to increase revenue generation, collaborating with other businesses, and others.
Some other market trends.
Regional Analysis for Automatic Labelling Machines Market:
North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
The Automatic Labelling Machines Market Size research report provides a thorough evaluation of the sector. The report's estimates were developed based on well-established research philosophies and hypotheses.
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Sleeve Labels Market and Smart Packaging Technologies
Sleeve labels have become an integral part of the packaging industry, revolutionizing the way products are presented and marketed to consumers. These labels, also known as shrink sleeves or shrink labels, are made of various materials like PVC, PETG, OPS, and PLA, and they cover the entire container, providing 360-degree branding and product information. The sleeve labels market has witnessed remarkable growth in recent years, driven by their versatility, eye-catching designs, and ability to enhance brand visibility. This article delves into the sleeve labels market, exploring its growth drivers, trends, key players, and future prospects.
Market Growth Drivers
Branding and Marketing Advantages: Sleeve labels market offer a unique canvas for brand expression. The 360-degree coverage allows for vibrant and intricate designs, providing an opportunity for brands to create an attractive and memorable packaging. The aesthetic appeal of these labels plays a significant role in capturing consumers' attention, making them a potent tool for marketing and product differentiation.
Tamper-Evident Packaging: The tamper-evident nature of sleeve labels enhances product safety. It provides a clear indication if a product has been tampered with, which is vital for consumer trust, especially in the pharmaceutical and food industries. This security feature has contributed to the growth of the sleeve labels market.
Sustainable Packaging: As the world increasingly prioritizes sustainability, sleeve labels have adapted to this trend. Many sleeve label materials are recyclable, and some companies have started using eco-friendly options, such as PLA, to reduce their environmental footprint. This commitment to sustainability appeals to eco-conscious consumers, driving the adoption of sleeve labels.
Versatility in Applications: Sleeve labels are used across a wide range of industries, including food and beverages, pharmaceuticals, personal care products, and household goods. Their adaptability to various container shapes and sizes makes them a versatile choice for businesses in different sectors, further fueling market growth.
Market Trends
Digital Printing Technology: The adoption of digital printing technology in the sleeve labels market has allowed for more flexible and cost-effective label production. It enables quicker turnaround times and customization, making it easier for brands to experiment with different designs and versions of their packaging.
Minimalistic and Transparent Designs: Minimalistic and transparent sleeve label designs are gaining popularity, especially in the beverage industry. These designs provide a clean and premium look, allowing consumers to see the product inside the container, which can boost their confidence in the product's quality.
Interactive Packaging: Augmented reality (AR) and quick response (QR) codes are being incorporated into sleeve labels to engage consumers in interactive experiences. This trend adds an exciting dimension to product packaging, allowing consumers to access additional information, videos, or games related to the product.
Key Players
The sleeve labels market is highly competitive, with several key players leading the way. Some of the prominent companies in the market include:
CCL Industries Inc. Berry Global Inc. Huhtamaki Oyj Constantia Flexibles Group GmbH Cenveo Corporation Klockner Pentaplast Group Verstraete IML SleeveCo Macfarlane Group PLC Clondalkin Group
These companies have extensive experience and expertise in producing sleeve labels and offer a wide range of solutions to meet the diverse needs of their clients.
Future Prospects
The sleeve labels market is expected to continue its growth trajectory, driven by evolving consumer preferences and the need for innovative packaging solutions. As brands strive to stand out on crowded store shelves and make their products more appealing to consumers, sleeve labels will play an essential role in achieving these goals. Moreover, as the technology for producing these labels advances, it will become even more accessible and cost-effective for businesses of all sizes.
In conclusion, the sleeve labels market has witnessed substantial growth due to its branding advantages, tamper-evident features, sustainability, and versatility in applications. The adoption of digital printing technology and emerging trends in design have also contributed to the market's development. With key players continuously innovating and consumer preferences evolving, the future of the sleeve labels market looks promising as it continues to redefine the way products are packaged and presented to consumers.
#Sleeve Labels Market Share#Sleeve Labels Market Growth#Sleeve Labels Market Demand#Sleeve Labels Market Trend#Sleeve Labels Market Analysis
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Shrink Sleeve Labels Market: Analysis of Key Market Trends and Future Growth Prospects (2032)
Shrink sleeve labels are a cutting-edge packaging solution that can be useful for firms in the food and beverage, personal care, and pharmaceutical industries. They are made of a flexible, heat-shrinkable plastic film that completely encloses the container and establishes a tamper-evident seal. Due to factors like rising consumer demand for eye-catching packaging and advancements in printing technology, the market for shrink sleeve labels is growing.
One of the key benefits of shrink sleeve labels is their capacity to increase the visibility and appeal of products. These labels offer a substantial printing surface that may be used to display product information, branding, and images in order to increase brand identification and distinguish products on the shelves. Furthermore, the use of shrink sleeve labels can enhance the visual appeal of a product, as they can be printed in full-color, high-quality graphics and images.
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Another benefit of shrink sleeve labels is their versatility. They can be applied to a wide range of container shapes and sizes, including irregularly shaped containers, and can conform to the curves and contours of the container for a smooth, wrinkle-free finish. This versatility makes shrink sleeve labels an ideal solution for a wide range of products, from single-serve food and beverage containers to personal care items and pharmaceuticals.
Advances in printing technology have also contributed to the growth of the shrink sleeve label market. The use of digital printing and variable data printing (VDP) has enabled manufacturers to print high-quality images, graphics, and text onto shrink sleeve labels, while also reducing the cost of production. VDP in particular allows for personalized labeling and the ability to track product information and consumer behavior.
The rise of e-commerce and online shopping has also played a role in the growth of the shrink sleeve label market. With online shopping, products are often shipped directly to consumers, and the use of shrink sleeve labels can help protect the product during transit, ensuring it arrives in good condition.
However, there are some challenges associated with the use of shrink sleeve labels. One of the main challenges is the complexity of the labeling process, as the application of shrink sleeves requires specialized equipment and expertise. Additionally, the cost of production for shrink sleeve labels can be higher compared to traditional labeling methods, which can be a barrier for smaller businesses and manufacturers.
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In conclusion, the shrink sleeve label market is growing due to the benefits it offers, including enhanced product visibility and appeal, versatility, and advancements in printing technology. Despite the challenges associated with the use of shrink sleeves, manufacturers are expected to continue to adopt this labeling solution as consumer demand for high-quality, visually appealing packaging continues to increase.
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (EU5 Countries, Nordic countries, BENELUX, Poland, Russia, Rest of Europe)
APAC (China, India, ASEAN, Australia & New Zealand, Japan)
MEA (GCC Countries, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Shrink Sleeve Labels Market
Based on the type of appearance, the global shrink sleeve labels market can segmented as follows
Full Body Shrink Sleeve Labels
Combo Pack Shrink Sleeve Labels
Tamper Evident Shrink Sleeve Labels
Shrink Sleeve Can Labels
Based on the type of polymer film, the global shrink sleeve labels market can segmented as follows:
Polyvinyl Chloride Films
Polypropylene Terephthalate Glycol Films
Polyethylene Films
Expanded Polystyrene Films
Polylactic Acid Films
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Data Bridge Market Research analyses that the release liner market which was USD 4613.72 million in 2022, would rocket up to USD 6544.66 million by 2030, and is expected to undergo a CAGR of 6% during the forecast period
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Flexible and User-Friendly Dual Head Shrink Sleeve Labeling Equipment
Shrink Sleeve Labeling Mchine is a popular and effective way of adding eye-catching and informative packaging to products. This labeling method is used across many industries, including food and beverage, cosmetics, pharmaceuticals, and more. Shrink sleeve labels are a terrific way to promote your brand, include critical information, and make an aesthetically appealing product. To obtain the optimal shrink sleeve label application, it's necessary to employ Reliable and User-friendly labeling equipment.
One such piece of equipment is the Dual Head Shrink Sleeve Labelling Machine. This labeling machine has two labeling heads and can apply Shrink Sleeve labels to both sides of a product at the same time. This feature greatly improves labeling speed and efficiency. Also, it can be used to apply two separate types of labels, such as a tamper-evident band and a full-body shrink sleeve label.
Flexible labeling equipment is also crucial in today's market. With the ever-changing packaging trends and materials, a labeling machine that can handle various bottle shapes and sizes is important. The Dual Head Shrink Sleeve Labeling Machine is designed with flexibility in mind, as it can handle containers of different shapes and sizes with ease.
This machine can be used to apply labels to round, square, and even irregularly shaped containers. It can also handle containers with different diameters and heights.
The machine also has a self-diagnostic feature that can detect and display any errors, making it easy to troubleshoot and repair. Another essential feature of labeling equipment is user-friendliness. The dual-head Shrink Sleeve labeling Machine is designed with the user in mind. It is equipped with a touchscreen interface that allows operators to set up and adjust the machine quickly and easily.
Furthermore, the dual-head Shrink Sleeve labeling machine is built to be safe. It has a transparent safety door that protects operators from harm by preventing accidental contact with the labeling heads. The machine also has a fail-safe system that automatically stops the machine in case of a malfunction or error.
In conclusion, flexible and user-friendly Dual Head Shrink Sleeve Labeling equipment is crucial for any business looking to improve labeling efficiency, productivity, and quality. The dual-head Shrink Sleeve Labeling Machine is an excellent choice for businesses that need to label products of different shapes and sizes. This machine is designed with the user in mind, making it easy to operate, maintain, and troubleshoot. By investing in the right labeling equipment, businesses can improve their product packaging, brand recognition, and overall customer experience.
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VeePee Graphic launches three new products at LabelExpo India 2022
Bengaluru-headquartered VeePee Graphic – which provides an array of solutions for the flexo and corrugated packaging industry – showcased three new products at LabelExpo 2022, held from 10 – 13 November at the India Expo Center in Greater Noida.
VeePee Graphic promoted its hybrid screening solution that can reproduce 350 lpi using conventional machines and inks without any changes in the entire workflow �� said to be a major breakthrough in flexo technology.
The company also showcased a futuristic product that integrates print and digital media with augmented reality. In addition, VeePee Graphic launched its Vee Ensure app, which can be used for product authentication and augmented reality. The app will help buyers identify genuine products and weed out duplicate items.
In the second product, augmented reality will help certain elements printed on a label come to life and give the consumer a wholesome shopping experience. Hybrid screening enhances images by reproducing a color gamut that cannot be achieved by conventional screening. “We're pretty excited about this hybrid screening that we just launched. In fact, a lot of people can't believe that this is possible to reproduce in flexo. This would be a game-changer for us,” Jai Chandra (JC), director, Veepee Graphic Solutions, told Packaging South Asia.
He said, “This is the third time we participated in the LabelExpo show. It is only getting better. This edition was very special because it was organized after a long break. We are very happy with the footfall. Serious customers who wanted to know what we are doing visited our booth and that was quite encouraging rather than having people just walking in and walking out.”
VeePee Graphic signed a deal with Esko for an XPS and CDI imager, which was announced at the Esko stand. JC shared with Packaging South Asia, “It's been a long relationship with Esko for the last 20 years. Getting a sixth CDI imager and a second XPS was a major decision for us. It was a conscious decision because we have understood the technology quite well and so it was the right thing to do.”
Label industry growing
According to JC, the label industry in India is growing, “It's quite encouraging as we see a lot of work moving from gravure to flexo. Earlier, it was more from offset to flexo. But now the trend is jobs moving from gravure to flexo, especially in the shrink sleeve segment. Probably in the next five years, the whole concept of narrow web is going to change – it's going to be more of mid-web presses rather than narrow web presses for the label industry. The sort of market that this industry is going to cater to is going to be much wider. It's just not going to be labels or paper stock, we're going to talk about shrink sleeves, and laminates.”
VeePee Graphic has been a key supporter of innovation since its inception. Asked about this approach, JC said, “Upgrading and updating our technology – that's the only way we've been able to come this long. Moreover, we don't want to be a part of the rest of the crowd. So we always come up with some innovative solutions, which is paying off.”
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Vietnam Cybersecurity Market to grow at a CAGR of 16.52% until 2026 – TechSci Research
Growing demand for digital services in the public and private sector is driving the growth of Vietnam Cybersecurity Market.
According to TechSci Research report, “Vietnam Cybersecurity Market, By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others), By Solution Type (Firewall, Antivirus & Anti Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others), By Deployment Mode (Cloud & On premise), By End-User Industry (BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology & Others), By Region, By Top 10 Provinces, Competition, Forecast & Opportunities, 2016-2026”, the Vietnam Cybersecurity Market is forecast to grow at a rate of 16.52% to reach USD350.48 million by 2026. Growth in the market can be attributed to the leaning of the Vietnamese government towards investigating, detecting and prosecuting cybercrimes in the last few years. Vietnam has been ranked 25th out of 182 countries in Global Cyber Security Index (GCI) 2020 by the International Telecommunication Union – the United Nation’s ICT-specialized agency. Cybersecurity Market has been primarily influenced by the massive potential of cloud services in Vietnam. The National Assembly of Vietnam has adopted the Law on Cybersecurity (“LCS”) that aims to protect national security and ensure social order and safety in cyberspace. This law will act as a catalyst for adoption of cybersecurity by various enterprises. According to the National Cyber Security Centre (NCSC) of the Vietnam Authority of Information Security, in 2020, more than 90% of the cybersecurity products and services were made in Vietnam.
Browse 33 Figures spread through 70 Pages and an in-depth TOC on
" Vietnam Cybersecurity Market "
https://www.techsciresearch.com/report/vietnam-cybersecurity-market/7793.html
The Vietnam Cybersecurity Market is segmented by security type, by solution type, by deployment mode, by end-user industry and by region. In terms of security type, the market can be segregated into Network Security, Application Security, Cloud Security, Endpoint Security, Content Security and Others. Out of these, the network security segment registered a dominant market share in 2020. The network security is dominating the Vietnam Cybersecurity Market as it is one of the most important aspects to consider when working over the internet or the cloud. Moreover, robust network security systems help businesses reduce the risk of falling victim to data theft. Implementing network security solutions allows computers, users, and programs to perform their permitted critical functions within a secure environment.
Based on solution type, the market is segmented into Firewall, Antivirus & Anti Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security, Others. Out of these, firewall solutions dominated the Vietnam Cybersecurity Market in 2020 as these solutions provide protection against outside cyber attackers by shielding the device or network from malicious or unnecessary network traffic.
Based on deployment mode, the Vietnam Cybersecurity Market is bifurcated into Cloud & On-premise. Cloud dominated the market as the cloud computing technology is being widely adopted by the country. According to the Ministry of Information and Communications, in recent years the cloud computing market has been growing at 30 percent on average, and in 2020 the growth rate reached 40 percent due to the COVID-19 pandemic.
In terms of end-user industry, the market is segmented into BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology, Others. The BFSI industry dominated the Vietnam Cybersecurity Market in 2020. Digital transformation of banking sector has changed the consumer buying behavior with preference for online shopping. The banking firms are investing aggressively into cybersecurity in quest to protect the customers’ personal information, passwords, and financial information from cybercriminals.
Viettel Cyber Security Company, FPT Corporation, CMC Cybersecurity, IBM Vietnam Company Ltd., HPT Vietnam Corporation, Microsoft Vietnam Limited Liability Company, Amazon Web Services Vietnam Company Limited, SAP Vietnam Co. Ltd., Vietnam Posts and Telecommunications Group, Salesforce.com, Inc., Cisco Systems, Inc., CrowdStrike Holdings, Inc., FireEye, Inc., McAfee LLC, Accenture, Inc. etc. are among the leading players operating in the Vietnam Cybersecurity Market. Companies operating in the market are using organic strategies, partnerships and collaborations to boost their shares in the Vietnam Cybersecurity Market. Significant players in the market are concentrating on accomplishing ideal operational expenses, upgrading the system efficiency, enhancing precision in responses, boosting productivity with high funding in R&D, and merging with small players to support the competitive Vietnam Cybersecurity Market.
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“The digital transformation of the country including e-Government, e-business, and an e-society will drive the growth of the Vietnam cybersecurity market. Moreover, the passing of the “Law on Cybersecurity” in 2018, has encouraged Vietnamese firms that use advanced technologies and solutions to invest in cybersecurity which has led to the development of ecosystem of 'Make in Vietnam' cybersecurity products. This growing awareness of the consumers towards cyberattacks and regulatory measures being taken by the government to protect the cyberspace is expected to act as a catalyst for the Vietnam Cybersecurity Market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Vietnam Cybersecurity Market, By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others), By Solution Type (Firewall, Antivirus & Anti Malware, Risk & Compliance Management, Identity & Access Management, Unified Threat Management, Data Loss Prevention, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others), By Deployment Mode (Cloud & On premise), By End-User Industry (BFSI, IT & Telecom, Retail, Government & Defense, Healthcare, Education Technology & Others), By Region, By Top 10 Provinces, Competition, Forecast & Opportunities, 2016-2026” has evaluated the future growth potential of cybersecurity in Vietnam Cybersecurity Market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Vietnam Cybersecurity Market.”
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