According to Data Bridge Market Research's analysis, the global industrial labels market, which was valued at USD 56.92 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 7.52% from 2023 to 2030, when it is estimated to reach USD 101.67 billion.
Because they are crucial for monitoring and maintaining assets in industrial settings, "Equipment Asset Labels" lead the type sector of the global industrial labels market. This helps to promote efficiency and maintenance.
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