Global Labeling and Artwork Management Application Market Overview:
Labeling and Artwork Management (LAM) Application is both a discipline of utilizations that administer item content information to make consistent labeling that can be seen on customary item packaging, on the web, or in the store network. LAM comprises of three unmistakable classes that might have covers, yet all coordinate with the product content information, Enterprise labeling, E-labeling, and Traditional labeling and artwork management.
- The growing popularity of cloud-based applications
- Increasing Demand in Pharmaceutical Industry to Strengthen Regulatory Scrutiny
- The high initial cost of installation
- Lack of Standardization of Products across the Industry
- Development of technology infrastructure in emerging countries
- Increase in the digitization of the supply chain
- Development of cost-effective technology as per the demand
The leading players in the market to avail competitive advantage are making new strategic partnerships with other companies and bring combined expertise in labeling and artwork management systems. Also, companies are doing research and development to deliver better technology solutions to their customer
Some of the key players profiled in the report are Seagull Scientific, Inc. (United States), Loftware, Inc. (United States), Esko-Graphics BV (Belgium), enLabel Global Services (United States), Kalypso: A Rockwell Automation Company (United States), Kallik Ltd. (United Kingdom), Perigord (Ireland), NiceLabel (Germany) and BLUE Software (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Labeling and Artwork Management Application market by 2026.
Latest Market Insights:
On 12 January 2021, Loftware, Inc., the global leader in Enterprise Labeling & Artwork Management Solutions, and NiceLabel, a leading developer of label management systems announced that they are combining under the Software corporate umbrella. This union gives customers and partners an expanded choice of solutions while providing enhanced labeling capabilities and the benefits of greater investment in cloud-based solutions and technologies. It also brings together 60 years of combined expertise in solving labeling challenges for companies of all sizes throughout a wide range of industries across the globe.
On 24 May 2021, TrakCel, the leading innovator of cellular orchestration solutions supporting the cell and gene therapy industry, announces a licensing partnership with BarTender by Seagull Scientific. TrakCel will integrate the BarTender barcode and labeling solution within OCELLOS by TrakCel, its second-generation cellular orchestration solution. This key integration with BarTender features label reconciliation to enable healthcare providers and other participants along the patient journey to compliantly track and trace each label that is printed, automating the creation, management, and reconciliation of labels. This partnership will ensure that TrakCel provides a commercially available, industry-standard solution designed to facilitate and meet international regulatory labeling standards.
What Can be Explored with the Labeling and Artwork Management Application Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Labeling and Artwork Management Application Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Labeling and Artwork Management Application
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Labeling and Artwork Management Application market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Labeling and Artwork Management Application market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Government Regulatory Bodies and Technology Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Labeling and Artwork Management Application Market?
The Labeling and Artwork Management Application market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Labeling and Artwork Management Application Market?
Top performing companies in the Global Labeling and Artwork Management Application market are Seagull Scientific, Inc. (United States), Loftware, Inc. (United States), Esko-Graphics BV (Belgium), enLabel Global Services (United States), Kalypso: A Rockwell Automation Company (United States), Kallik Ltd. (United Kingdom), Perigord (Ireland), NiceLabel (Germany) and BLUE Software (United States), to name a few.
3. What trending factors would impact Labeling and Artwork Management Application Market growth most?
"Increase in Global Recognition of Regulatory Compliance of Improved Handling and Customer Requirement
" is seen as one of major influencing trends for Labeling and Artwork Management Application Market during projected period 2020-2026.