08.19.15
According to Industrial Labels Market, a new report from MarketsandMarkets, the industry is projected to reach $51 billion by 2020 at an estimated CAGR of 4.42% from 2015 to 2020. The market report defines and segments the global industrial labels market with analyses and forecasts of the global market size for industrial labels until 2020. It identifies the driving and restraining factors of the market with an analysis of industry trends, opportunities, and challenges, as well.
The Industrial Labels Market is segmented on the basis of type, mechanism, raw material, industry, printing technology, identification technology, and region. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is projected until 2020. The major countries in all the regions have been considered for this study.
The Industrial Labels Market is end-user oriented. Product manufacturers have to abide by the mandatory labelling requirements before launching any product in the market.
The report states that label manufacturers are also inclined toward designing and developing recyclable industrial labels as they do not impact the environment. The rapid technological and socio-economic changes have pushed the label manufacturers to innovate and build industrial labels that can be customized and localized in accordance with the expectations of industry users.
The Industrial Labels Market is segmented on the basis of type, mechanism, raw material, industry, printing technology, identification technology, and region. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is projected until 2020. The major countries in all the regions have been considered for this study.
The Industrial Labels Market is end-user oriented. Product manufacturers have to abide by the mandatory labelling requirements before launching any product in the market.
The report states that label manufacturers are also inclined toward designing and developing recyclable industrial labels as they do not impact the environment. The rapid technological and socio-economic changes have pushed the label manufacturers to innovate and build industrial labels that can be customized and localized in accordance with the expectations of industry users.