Sticker Printer Market Share Analysis
Customized and variable data printing have transformed customer engagement, providing a more personalized experience. According to Infosys, nearly 86% of respondents who experienced personalization indicated that it influenced their buying decisions, with 25% stating that customization can impact purchasing behavior. Examples like Coca-Cola's "Share a Coca-Cola" campaign, which utilized variable data printing to create 800 million customized bottle labels with over 10,000 names in various languages, and Diet Coke's "Its Mine" campaign using HP Indigo digital printing technology showcase the success and potential of personalized campaigns.
Businesses, inspired by such successes, are increasingly leveraging variable data print and customization in their campaigns, creating unique stickers and labels. For instance, Dulwich Gin used digital print technology to create 10,000 unique labels featuring Dulwich Picture Gallery portraits and colors from modern Dulwich graffiti, maximizing color potential.
The shift towards variable data print and customization is expected to continue growing at a rapid rate, influencing the sticker printer market's growth during the forecast period.
Artificial Intelligence (AI) is making strides in various industries, including packaging and labeling. Automation of workflows, systems, and processes is transforming industry operations, enhancing efficiency, reducing wastage and lead time, increasing inspection accuracy, and benefiting brands, customers, and retail. While the use of advanced technology solutions in packaging and labeling may add costs, the continuous development of smart sticker printers, incorporating AI, aims to enhance operational efficiency.
For instance, Sato launched the CT4-LX smart mini label printer equipped with a color touch panel LCD for intuitive operation, space-saving design, and versatility across multiple sectors and regions. The growing integration of AI in digital printing, demonstrated by innovative products like smart sticker printers, is anticipated to create growth opportunities for the sticker printer market in the future.