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NiceLabel's Predictions for 2020 and Beyond - Key Trends Impacting the Labeling Market


News provided by

NiceLabel

17 Dec, 2019, 12:29 GMT

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LJUBLJANA, Slovenia, Dec. 17, 2019 /PRNewswire/ -- Labeling is being driven by the broader IT trend of digitization. In enterprise resource planning (ERP), this trend is transforming systems, with SAP software migrating from SAP ECC into the new business suite of SAP S/4HANA. When enterprises update their ERP, many will subsequently modernize their labeling and migrate to, or implement, a new standardized global labeling solution. And that creates opportunities for label management systems.

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As we look to 2020 and beyond, these are exciting times for the labeling and label management industries. Trends like stricter regulation, serialization and the growth of RFID will continue to impact the sector but it is the modernization and digital transformation of the whole sector, including the move to cloud that is having the most profound impact of all on the labeling and label management markets today.

"We also see a modernization of hardware. As Windows mobile computers reach end-of-life, organizations are switching to Android mobile computers. Next, they often standardize their printer estate on one brand or model. That reduces costs and administration as operations become more efficient and there is less need for support and less unplanned downtime," said Ken Moir, VP Marketing at NiceLabel.

"In parallel, we are witnessing a raft of newer trends. Cloud migration is already underway with many organizations adopting a cloud first strategy, with labeling solutions included. Over the next years, the advent of driverless printers in the cloud will be a key benefit for businesses as the migration gathers pace. The move to the cloud will reduce complexity and make label management simpler and more efficient."

Another trend is the convergence of labeling and marking. Historically, most label printing has been traditional thermal printing. Direct marking typically comprises continuous inkjet printing and laser etching. Once separately managed, users are now able to control both technologies with a modern label management system.   

Regulation has become more stringent and we only see that increasing. The rules around allergen labeling have been tightened and it is key that businesses ensure their labeling is 100% accurate in this area, not only for compliance but also in terms of public trust and safety. Moreover, the EU will introduce a new medical device regulation in May 2020. It is important that businesses operating in this area work with label management system providers that enable them to maintain a validated, compliant labeling solution.

"The final area to cover is RFID. We see a rapid adoption of this technology in the apparel and garment sector in particular – and there is nothing to indicate this trend will go away during 2020. In fact, we would expect other industries to adopt it in the future," concluded Moir.   

The full version of the article is available here.

Photo - https://mma.prnewswire.com/media/1056197/NiceLabel_2020_and_beyond.jpg

Related Links

http://www.nicelabel.com/

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