According to the Market Statsville Group (MSG), the global Labeling and Artwork Management Application market size is expected to grow at a CAGR of 6.2% from 2022 to 2030. The factors contributing to the growth of the market are increaseign demand in the pharmaceutical industry to strengthen regulatory scrutiny, growing adoption of cloud-bsed infrastructure by enterprises, and increasing global recognition of regulatory compliance of improved handling and customer requirement. The lack of standardization of products across the industry may hinder the market’s growth.

In the pharmaceutical sector, labeling is increasingly acknowledged as a mission-critical instrument for achieving the company's strategic goals. Technological advancements are encouraging innovative labeling and artwork management services that drive the market's growth.

Global Labeling and Artwork Management Application Market Definition

Labeling and Artwork Management (LAM) is a discipline and an ecosystem of tools that regulate product content data to provide compliance labeling that can be seen on traditional product packaging, online, or across the supply chain. Labeling is vital for patients and healthcare providers to communicate safety and benefit-risk information. Labeling errors could endanger patient safety and result in regulatory non-compliance.

COVID-19 Impact on the Global Labeling and Artwork Management Application Market

Many worldwide economies have endured severe economic suffering as a result of the COVID-19 pandemic, raising worries about supply chain consistency and speed across continents. Some companies also saw a drop in business as a result of supply chain problems in home markets and trade obstacles in international markets. On the other hand, healthcare companies have experienced significant growth in demand for certain products and services. Most labeling and artwork management system suppliers have focused on industries such as medicines, household goods, surgical equipment, and food and beverage to maintain their sales foothold during the epidemic. These sectors have performed well in these challenging times.

Scope of the Global Labeling and Artwork Management Application Market

The study categorizes the labeling and artwork management application market based on technology and end user at the regional and global levels.

By Technology (Sales, USD Million, 2017-2030)

• On-Premises
• Cloud-Based

By End User (Sales, USD Million, 2017-2030)

• FMCG
• Retail
• Healthcare
• Warehousing and logistics
• Others

By Region (Sales, USD Million, 2017-2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • The Netherlands
  • Norway
  • Czech Republic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

FMCG segment is projected to account for the largest market share, by end user

Based on end user, the global labeling and artwork management application market is divided into FMCG, retail, healthcare, warehousing and logistics, and others. In 2021, the FMCG segment accounted for the largest market share in the global labeling and artwork management application market. FMCG manufacturers are aggressively investing in digitizing the supply chain in order to improve efficiency. Owing to the growing demand for speedy and coordinated new product creation and release, increased attention on profitability, and a competitive market, there is a strong focus on enhancing supply chain efficiency.

Asia Pacific accounts for the highest CAGR during the forecast period

Based on the regions, the global Labeling and Artwork Management Application market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, Asia Pacific is estimated to hold the highest CAGR in the global Labeling and Artwork Management Application market during the forecast period. The region includes the countries such as China, India, Japan, South Korea, Australia, Southeast Asia, and the Rest of Asia-Pacific. The region's growth is primarily due to the availability of low-cost products, increasing purchasing power of consumers, increasing electrification of rural areas, and wide usability of online sales channels in developing countries.

Key Market Players in the Global Labeling and Artwork Management Application Market

The global labeling and artwork management application market is highly competitive, with key industry players adopting strategies such as partnerships, acquisitions, product development, agreements, and expansion to strengthen their market positions. Most companies in the market are indulged in enhancing business operations across regions, thereby expanding their capabilities and molding strong partner relations.

Major players in the global labeling and artwork management application market are:

• Seagull Scientific, Inc.
• Loftware, Inc.
• Esko-Graphics BV
• enLabel Global Services
• Kalypso: A Rockwell Automation Company
• Kallik Ltd.
• Perigord
• NiceLabel
• BLUE Software
• Karomi Inc

Recent Developments

• In November 2020, Seagull Scientific, Inc. announced the immediate availability of BarTender 2021, the version of its enterprise labeling and barcode software.
• In October 2021, Loftware, Inc. announced a brand refresh, solidifying the unification of Loftware and Nicelabel into one integrated Loftware global brand.
• In January 2022, Loftware Inc. announced the acquisition of PRISYM ID. Loftware's Enterprise Labeling solution offerings for the pharmaceutical and medical device industries were anticipated to grow due to the acquisition, which was also expected to improve Loftware's end-to-end cloud-based labeling platform by introducing advanced clinical trial labeling and regulated content management capabilities.

Key Issues Addressed

• What is the market size by various segmentation of the labeling and artwork management application by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the labeling and artwork management application market?
• What are the key opportunities and trends for manufacturers involved in the labeling and artwork management application supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of labeling and artwork management application in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market