02.18.16
Research and Markets has announced the addition of the Global Print Label Market -By Industry, Geography and Vendors - Forecasts, Trends and Shares (2015 - 2020) report to its offering.
The Global Print Label Market is estimated to witness moderate growth to reach $43.57 billion by the end of year 2020 at a CAGR of 5.91% over the forecasted period (2015-2020).
Changing needs of buyers, greater acceptance of color digital printing, demand for more personalized offerings are going to drive the market, the reportt says. In 2015, pressure sensitive or self-adhesive labels will constitute the largest market share, as they are one of the most versatile labels available in the market. Of all the printed label technologies, digital printing will witness highest growth over the forecast period due to its cost-effectiveness and professional high-quality printing in industrial size digital press.
Asia Pacific will dominate the market, followed by North America and Europe. Flexography is the most common print process but the advanced digital methods are growing at a faster rate, seizing market share, the report says. The uses of printed labels aren't restricted to just one industry and vary from FMCG industry, Healthcare, Manufacturing, Agriculture, Fashion to Automotive and others. The integration of digital technology with the existing label printing technique is bound to bring a huge change to all the small-scale as well as large-scale sectors, according to Research and Markets.
The Global Print Label Market is estimated to witness moderate growth to reach $43.57 billion by the end of year 2020 at a CAGR of 5.91% over the forecasted period (2015-2020).
Changing needs of buyers, greater acceptance of color digital printing, demand for more personalized offerings are going to drive the market, the reportt says. In 2015, pressure sensitive or self-adhesive labels will constitute the largest market share, as they are one of the most versatile labels available in the market. Of all the printed label technologies, digital printing will witness highest growth over the forecast period due to its cost-effectiveness and professional high-quality printing in industrial size digital press.
Asia Pacific will dominate the market, followed by North America and Europe. Flexography is the most common print process but the advanced digital methods are growing at a faster rate, seizing market share, the report says. The uses of printed labels aren't restricted to just one industry and vary from FMCG industry, Healthcare, Manufacturing, Agriculture, Fashion to Automotive and others. The integration of digital technology with the existing label printing technique is bound to bring a huge change to all the small-scale as well as large-scale sectors, according to Research and Markets.