Global Labelling Equipment Market

Labelling Equipment Market Size, Share, Growth Analysis, By Product(Pressure Sensitive, Glue-Based Labelers, Sleeve Labelers), By Technology(Automatic, semi-automatic, and Manual), By End-user(Food & Beverages, Healthcare & Pharmaceuticals, and Cosmetics & Personal Care), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20K2007 | Region: Global | Published Date: March, 2024
Pages: 154 |Tables: 90 |Figures: 70

Labelling Equipment Market Insights

Global Labelling Equipment Market size was valued at USD 5.6 Billion in 2022 and is poised to grow from USD 7.4 Billion in 2023 to USD 10.3 Billion by 2031, at a CAGR of 10.3% during the forecast period (2024-2031).

Many factors are driving the massive rise in the global labelling device market. The increasing need for effective and automated labelling solutions across businesses, in addition to food and drink, prescription medications, cosmetics, and guest products, is a major motivator. As the importance of product safety, traceability, and legal compliance grows, producers are implementing better labelling tools to ensure accurate and standardized labelling procedures. Additionally, the performance and dependability of labelling devices are being improved by technological improvements including the integration of RFID, IoT, and AI-driven structures, which is further boosting the market expansion.

The growing e-trade market is fueling the need for flexible and high-speed labelling solutions to fulfil the demands of quick product rotation and personalization. Geographically speaking, due to the presence of important industrial hubs and rising investments in automation, regions like Asia Pacific and North America are expected to lead the market. However, challenging circumstances such as high initial capital costs and the requirement for experienced operators may partially impede market expansion. All things considered, the global market for labelling devices is expected to grow steadily over the next several years due to business demand and technical advancements.

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Labelling Equipment Market Segmental Analysis

Segmental evaluation of the labelling equipment marketplace includes dividing the market into distinct segments primarily based on elements inclusive of kind, utility, technology, and geography. This approach lets in for a deeper understanding of market dynamics and developments within each segment, permitting stakeholders to tailor their strategies consequently. By analyzing every segment for my part, industry gamers can identify growth opportunities, determine aggressive landscapes, and make knowledgeable selections to maximize their market presence and profitability.

Analysis by End User

The labelling device market is diverse, with significant variations in market share within industries, according to a cease-consumer analysis of the market. The food and beverage industry are one of the most significant end-user segments, with a substantial market share. Strict regulations dictating labelling requirements, together with the necessity for precise product records, traceability, and branding to meet customer expectations, are what propel this dominance. Due in large part to the importance of precise labelling for drug protection, regulatory compliance, and affected person information, the pharmaceutical and healthcare industries also retain a sizable chunk.

On the other side, sectors such as the chemical and automobile industries often hold the smallest market share. Although these industries still need labelling solutions for product identity and compliance, their typical demand has declined due to a combination of factors, including a decreased focus on packaging and branding distinctiveness. The private care and cosmetics sector holds a sizable but not particularly dominant portion of the market. This stage is based on labelling equipment to comply with regulations on disclosure of ingredients, usage guidelines, and safety alerts, and to attract customers through branding and attractive packaging.

Additionally, the consumer goods industry, which encompasses markets like electronics and family products, commands a substantial portion of the market. In response to customer demands for information openness and high assurance, this industry uses labelling devices for branding, product distinction, and regulatory compliance. The market share distribution among end-user sectors highlights the various packages and requirements for device labelling across industries. To leverage opportunities for growth in the dominant and area of interest segments of the market, manufacturers and suppliers must customize their offers and strategies to meet the needs of each zone.

Analysis by Drug Class

The market for labelling systems is experiencing a robust upswing, propelled by multiple initiatives in various industries. Strict regulations requiring truthful labelling for customer protection and information transparency in the food and beverage industry are driving the need. In a similar vein, the pharmaceutical and healthcare industries are fast implementing labelling systems to guarantee product traceability and regulatory compliance. Better labelling technology is also being used by the private care and cosmetics industries to differentiate their logos and enhance the aesthetics of their packaging.

Another aspect of supply chain control in the automotive and manufacturing industries includes labelling devices for green product identification and monitoring. The market is expanding because to the rising need for automation, technology advancements, RFID, and Internet of Things-enabled labelling solutions. All things considered, the global market for labelling devices is positioned for sustained expansion, propelled by the varied and dynamic needs of various sectors.

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Labelling Equipment Market Regional Insights

The market for labelling devices shows different dynamics in different parts of the world. The market in North America is distinguished by a strong presence of major players and strong investments in technical improvements. Tight regulatory regulations put pressure on the market for advanced labelling solutions, particularly in sectors like pharmaceuticals and metals. Furthermore, the emphasis on eco-friendly packaging and sustainability encourages growth in the local market. The European labelling system market benefits from an advanced industrial landscape and a high level of automation in manufacturing techniques. Strict labelling regulations, especially in the food and beverage industry, encourage the use of cutting-edge labelling technologies. Furthermore, the need for creative labelling solutions is increased by the growing emphasis on product authenticity and anti-counterfeiting procedures.

Asia-Pacific, propelled by the expansion of production activities and the developing e-trade quarter, emerges as a fast-rising market for labelling systems. Demand is being driven by the region's expanding population and rising disposable incomes in many industries, such as food and beverage, prescription medications, and cosmetics. Furthermore, government programmed that improve product safety and traceability also boost market expansion in countries like China and India. Nonetheless, the market encounters challenging circumstances linked to rate sensitivity and the existence of many local competitors providing inexpensive solutions.

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Labelling Equipment Market Dynamics

Drivers

Regulatory Compliance

  • Strict labelling laws in the food, pharmaceutical, and cosmetics industries drive the need for precise and compliance labelling technology.

Product Safety and Traceability

  • As queries regarding product safety, authenticity, and traceability grow, better labelling technologies—like RFID and barcode solutions—are being adopted.

Automation and Efficiency

  • Labelling devices are adopted for more efficient labelling and packaging processes due to growing awareness of automation and operational performance in manufacturing strategies.

Restraints

Technological Obsolescence

  • The market for labelling equipment must contend with the threat of technological obsolescence brought on by the quick development of labelling technology. As customer tastes and industry standards change and the need for periodic upgrades or replacements arises, businesses run the danger of having outdated equipment. Businesses trying to stay competitive face increased expenses and operational disruptions due to this ongoing requirement for technological adaptation.

Initial Investment and Installation Costs

  • The labelling equipment industry presents obstacles for small and medium-sized businesses to enter, such as high installation and initial investment costs. The high initial costs of automated labelling systems discourage small and medium-sized enterprises (SMEs) from implementing them, which restricts market penetration and impedes their capacity to improve productivity and competitiveness.

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Labelling Equipment Market Competitive Landscape

The labelling gadget market is known for its competitive landscape, shaped by the existence of multiple major competitors who compete solely based on technological advancements, innovative product offerings, and market expansion strategies. Businesses with global reach and wide product portfolios, such as Avery Dennison Corporation, Barry-Wehmiller Companies, Inc., and ProMach, Inc., dominate the market. These manufacturers are acknowledged for their research and development efforts to offer cutting-edge labelling solutions meeting various industrial requirements. Furthermore, market participants frequently use strategic partnerships, acquisitions, and collaborations to strengthen their market position and expand their geographic reach. Additionally, there is more competition as new players and startups with cutting-edge labelling technologies join the market. As the call for labeling gadget maintains to upward push throughout diverse industries, the competitive contention amongst key players is predicted to stay high.

Top Player’s Company Profiles

  • HERMA Labeling Machines (Germany)
  • Langguth (Germany)
  • volabel AB (Sweden)
  • uadrel Labeling Systems (US)
  • Krones AG (Germany)
  • Sato Holdings Corporation (Japan)
  • KWT Machine Svstems Co. Ltd. (China)
  • World Pack Automation Systems Private Limited (India)
  • Pack Leader Machinery Inc. (Taiwan)
  • FUJI Seal International Inc. (Japan)
  • ID Technology LLC (US)
  • Label-Aire Inc. (US)
  • Nita Labeling Equipment (Canada)
  • Accutek Packaging Equipment Co. Inc. (US)

Recent Developments

  • In July 2020, For labelling bottles, Krones AG unveiled a new direct print technique. By printing directly onto bottles using ultraviolet (UV) ink, the method does away with the necessity for labels. Numerous advantages of this technique include decreased label waste, more design freedom, and quicker label changes.
  • In September 2022, the eTouch-S intelligent print and apply labelling technology was introduced by Markem-Imaje. From its inception, the eTouch-S was designed to satisfy consumer demand for less environmental impact. Without interfering with supply chain traceability or raising the possibility of storing fines for returned cases, the eTouch-S removes the requirement for plant air.
  • In May 2022, Despite the difficult weight, complex design, and huge labels required for its goods, JUB Group, one of Europe's top producers of paints and renderings, ordered three Herma 500 applicators for its internal manufacturing process to achieve labelling perfection. On a labelling machine, three HERMA 500 applicators demonstrate how remarkable accuracy can be attained even in the face of dynamic labelling process variations. Solution designed and implemented by Elmed, a longstanding South-East European HERMA sales and service partner.

Labelling Equipment Key Market Trends

  • Automation in Labelling Equipment Market: Significant developments have been taking place in the labelling equipment market, reshaping its environment and impacting the dynamics of the sector. The growing need for automation in labelling operations is one notable trend. Businesses are using automated labelling equipment more and more to increase productivity and decrease errors. Higher production speeds and the goal of consistent label quality are what are driving this change. In addition to streamlining processes, automated labelling reduces the possibility of human error, which helps organizations save money overall.

Labelling Equipment Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to SkyQuest, strict industry regulations are driving up demand for precise labelling technology, and growing concerns about product safety and traceability are driving adoption of advanced labelling technologies like RFID and barcodes, along with an increasing trend towards automation to improve manufacturing process efficiency. Due to high installation and initial investment requirements, especially for automated systems, small and medium-sized firms find it difficult to break into the labelling equipment market. This limits their capacity to increase productivity and competitiveness and limits their potential to penetrate new markets. Major competitors in the labelling equipment market include Avery Dennison Corporation, Barry-Wehmiller Companies, Inc., and ProMach, Inc. These companies are well-known for their global reach, wide range of product offerings, and ongoing R&D efforts to provide cutting-edge solutions that satisfy industry demands. The growing need for automation in labelling operations is causing major changes in the labelling equipment market. Automated labelling equipment is being used by businesses more and more to increase productivity, decrease errors, increase production speeds, guarantee consistent label quality, streamline operations, and lower the possibility of human error—all of which save organizations money overall.

Report Metric Details
Market size value in 2022 USD 5.6 Billion
Market size value in 2031 USD 10.3 Billion
Growth Rate 10.3%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Pressure Sensitive, Glue-Based Labelers, Sleeve Labelers
  • Technology
    • Automatic, semi-automatic, and Manual
  • End-user
    • Food & Beverages, Healthcare & Pharmaceuticals, and Cosmetics & Personal Care
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • HERMA Labeling Machines (Germany)
  • Langguth (Germany)
  • volabel AB (Sweden)
  • uadrel Labeling Systems (US)
  • Krones AG (Germany)
  • Sato Holdings Corporation (Japan)
  • KWT Machine Svstems Co. Ltd. (China)
  • World Pack Automation Systems Private Limited (India)
  • Pack Leader Machinery Inc. (Taiwan)
  • FUJI Seal International Inc. (Japan)
  • ID Technology LLC (US)
  • Label-Aire Inc. (US)
  • Nita Labeling Equipment (Canada)
  • Accutek Packaging Equipment Co. Inc. (US)
Customization scope

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  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Labelling Equipment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Labelling Equipment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Labelling Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Labelling Equipment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Labelling Equipment Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Labelling Equipment Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Labelling Equipment Market size was valued at USD 5.6 Billion in 2022 and is poised to grow from USD 7.4 Billion in 2023 to USD 10.3 Billion by 2031, at a CAGR of 10.3% during the forecast period (2024-2031).

The labelling gadget market is known for its competitive landscape, shaped by the existence of multiple major competitors who compete solely based on technological advancements, innovative product offerings, and market expansion strategies. Businesses with reach and wide product portfolios, such as Avery Dennison Corporation, Barry-Wehmiller Companies, Inc., and ProMach, Inc., dominate the market. These manufacturers are acknowledged for their research and development efforts to offer cutting-edge labelling solutions meeting various industrial requirements. Furthermore, market participants frequently use strategic partnerships, acquisitions, and collaborations to strengthen their market position and expand their geographic reach. Additionally, there is more competition as new players and startups with cutting-edge labelling technologies join the market. As the call for labeling gadget maintains to upward push throughout diverse industries, the competitive contention amongst key players is predicted to stay high. 'HERMA Labeling Machines (Germany)', 'Langguth (Germany)', 'volabel AB (Sweden)', 'uadrel Labeling Systems (US)', 'Krones AG (Germany)', 'Sato Holdings Corporation (Japan)', 'KWT Machine Svstems Co. Ltd. (China)', 'World Pack Automation Systems Private Limited (India)', 'Pack Leader Machinery Inc. (Taiwan)', 'FUJI Seal International Inc. (Japan)', 'ID Technology LLC (US)', 'Label-Aire Inc. (US)', 'Nita Labeling Equipment (Canada)', 'Accutek Packaging Equipment Co. Inc. (US)'

Strict labelling laws in the food, pharmaceutical, and cosmetics industries drive the need for precise and compliance labelling technology.

Automation in Labelling Equipment Market: Significant developments have been taking place in the labelling equipment market, reshaping its environment and impacting the dynamics of the sector. The growing need for automation in labelling operations is one notable trend. Businesses are using automated labelling equipment more and more to increase productivity and decrease errors. Higher production speeds and the goal of consistent label quality are what are driving this change. In addition to streamlining processes, automated labelling reduces the possibility of human error, which helps organizations save money overall.

The market for labelling devices shows different dynamics in different parts of the world. The market in North America is distinguished by a strong presence of major players and strong investments in technical improvements. Tight regulatory regulations put pressure on the market for advanced labelling solutions, particularly in sectors like pharmaceuticals and metals. Furthermore, the emphasis on eco-friendly packaging and sustainability encourages growth in the local market. The European labelling system market benefits from an advanced industrial landscape and a high level of automation in manufacturing techniques. Strict labelling regulations, especially in the food and beverage industry, encourage the use of cutting-edge labelling technologies. Furthermore, the need for creative labelling solutions is increased by the growing emphasis on product authenticity and anti-counterfeiting procedures.

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Global Labelling Equipment Market

Product ID: SQMIG20K2007

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