Global Print Label Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Print Label Market - Segmented by Technology (Offset, Flexography, Rotogravure), Type, End-User, and Region - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The print label market was valued at USD 38.972 billion in 2017 and is expected to reach a value of USD 53.782 billion by 2023 at a CAGR of 5.14% over the forecast period of 2018-2023.
The rapid ascension of digital print technology has made the print labels market more sophisticated and increased the adoption of print labels globally. Their versatility and flexibility, combined with the high graphics standards are the key growth features. This technology can print on any kind of material such as film, paper, and metal substances. The digital print technology made the process of printing package labels faster, as this method does not require the use of printing plates and press set-up material.
The Chinese economy has been growing rapidly from the turn of the century, government regulations allowing foreign firms to invest heavily, and the need for brand recognition among the large consumer-base has led advertising to reach a new high in the country. The major applications for the print label in the Asia-Pacific region are in cosmetics, food, and medical care, which has a huge demand due to the large population in the region. Consumers prefer high-quality food & beverage, encouraging the growth of packaged food & beverage in the region. In 2016, the sales value of total packaged food in the Indian food market amounted to about USD 50.78 billion.
Companies MentionedFort Dearborn Mondi Group Munksj Group Autajon Group Avery Dennison CCL Industries Chesapeake Limited Clondalkin Group Cenveo Inc. Brady Corporation Fuji Seal International Inc. Constantia Flexibles Group Bemis Comp
Key Topics Covered:
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
5. Technology Snapshot
6. Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/x7fqf6/global_print?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005579/en/
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INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
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PUB: 05/16/2018 06:15 AM/DISC: 05/16/2018 06:15 AM