Dot Matrix Labels Market Overview
The identification of each and every unit produced is a necessary but a difficult task, which is greatly simplified by various numbers or unique code assigned to each product just after its production. Barcodes and QR codes are majorly preferred for this purpose. Thus, making the unique code of the product visible, a label printed with the code is attached to the product. Although the printing of these labels can be done with various methods, dot matrix printing is widely adopted due to its low cost and high availability. Dot matrix labels are simple paper labels with a suitable adhesive and printed with a dot matrix printer. Due to the simplicity and high availability of the dot matrix labels, the market for this product seems to be very large and evergreen across the globe.
Dot Matrix Labels Market Dynamics
The various types of labels already have an established and expanding market due to the necessity of identification of each and every unit produced. Moreover, the paper is the material easily available in high volume, completely recyclable and biodegradable and provides ease of printing. Among various methods of printing labels, dot matrix is preferred in most of the applications as it costs much lower than any other printing method. The printing quality of the dot matrix printers is not much aesthetical, but due to the small size of the label and requirement of the barcode or QR code label with only manufacturers’ point of view, achieving higher aesthetics is not a concern. Thus, the dot matrix labels with paper as the base material are expected to have a stable and large market. On the other hand, the market of the dot matrix labels market completely depends on the market of barcodes and QR codes. Thus, the dot matrix labels market is restricted by the new methods of coding such as RFID (radio frequency identification devices) tags, which has much higher capabilities over barcodes and QR codes and attracting the end-use industries towards the technology. Therefore, the dot matrix labels market is restricted by the advancement in technology for identification replacing the QR codes and barcodes from the end-user industries.
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Dot Matrix Labels Market Segmentation
The dot matrix labels can be segmented on the basis of usability of the label as
- Permanent labels
- Removable labels
The dot matrix labels can be segmented on the basis of number of labels across the web width as
The dot matrix labels can be segmented on the basis of end-user industry as
- Food & beverage
- Industrial products
- Consumer goods
The dot matrix labels can be segmented on the basis of geographical regions as
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East & Africa (MEA)
- Asia Pacific excluding Japan (APEJ)
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