The industrial labels market segmentation in India is expanding at a steady pace as a result of industrialization, evolving manufacturing technologies, and growth in logistics. Ever, increasing complexity of production and distribution processes across the industries in the nation, has led to the need for effective labeling solutions. Some of the key trends that are helping to propel this market are the growth of the manufacturing industry. The manufacturing sector spearheaded by ‘Make in India’ scheme, aimed at boosting domestic manufacturing, has seen many sectors including automotive and fast-moving consumer goods industries, rely heavily on high quality labels for inventory tracking, product identification and meeting regulatory requirements.
The growth of e-commerce and logistics industries in India is also a factor that greatly contributes to the growth of the industrial labels market. The requirement of accurate and permanent labeling especially on packages, shipments, and inventory of warehouses is crucial in avoiding hitches and meeting the customer expectations. As the e-commerce industry continues to expand, it becomes necessary to find new and effective means of labeling that can effectively resist various conditions and the different treatment it is subjected to. Moreover, these technologies are helping to build the market as new technologies are improving the market constantly. Smart labeling solutions that use QR codes and RFID tags are becoming more popular as they improve tracking and data control. These technologies do not only enhance the effectiveness of the operations of the companies, but they also aid in compliance to various regulations as well as increasing the visibility of the supply chain.
In the current issue, we introduce you to the top firms in this sector. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of attention to detail. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
We welcome your feedbacks and suggestion that you may have concerning this special issue.