Global label market 2015-2019
In a new report Technavio's analysts forecast the global label market to grow at a CAGR of 3.81% during 2014-2019. Corporations are investing heavily in R&D to develop innovative labeling solutions and materials. Advanced label technologies and new innovative materials not only help save costs but also help improve production efficiencies. This, in turn, is opening new markets for vendors to venture into.
The production of labels is expected to increase steadily during the forecast period. This is primarily because of the increasing demand for technologically advanced labels, and new varieties, designs, shapes, and sizes of labels from manufacturers (Press Release Technavio, 6 October 2015).
Click here for the press release.
Click here for more information about the report.
If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.