Market Research Future, a market research firm based in Pune, Maharashtra, India, has announced it has published a report it calls "Industrial Labels Market" that covers information on the global industrial labels market by material (metal, polymer and others), by mechanism (PS, glue-applied, heat transfer and others), by application (transportation, construction, automotive, consumer durables and others) and by region. The report forecasts the market to the year 2022. According to Market Research Future, the global market for industrial labels is expected to grow over the CAGR of around 5.5% during the period 2016 to 2022.

Industrial labels help manufacturers to keep a proper track of products along the entire supply chain, and are widely used in construction, transportation and automotive industries. According to the report, the transportation industry contributes highest to the overall growth of the market, as high capital expenditure is required for setting up a labeling system.

Asian countries, especially India and China, account for the largest market share in the overall industrial labels market due to rising awareness and the huge consumer base of those regions. A major factor attributed to the growth of the industrial labels market, according to the report, is that these products can easily be customized in terms of size and shape for a range of end-use applications across industries. The market is expected to have higher growth rate as compared to the previous years. Asia-Pacific is the largest growing region for the industrial labels market. The report says the main reasons for the growth in the region include an increase in online shopping, and rising consumer durable goods, among others.