The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Print Label Global Market Report 2024 offers crucial insights into the print label market help businesses analyse and build stronger strategies.

The print label market has witnessed robust growth in recent years, driven by various factors:

• From $44.8 billion in 2023, the market is set to reach $47.34 billion in 2024, boasting a CAGR of 5.7%.
• This growth is attributed to globalization, rising consumer awareness, the e-commerce surge, regulatory compliance, SKU proliferation, and brand differentiation.

Steady Growth Ahead: Forecast Insights

Looking ahead, the print label market is expected to maintain its growth trajectory, with projections indicating:

• Growth to $57.32 billion by 2028, with a CAGR of 4.9%.
• Key drivers include sustainability concerns, the evolving retail landscape, digital printing’s rise, global supply chain challenges, and anti-counterfeiting measures.

Manufactured Goods Demand Propels Market Expansion

The surge in demand for manufactured goods is a significant driver of print label market growth:

• Product labels, asset labels, bar code labels, and shipping labels fulfill this demand.
• In 2021, the EU saw an 8% increase in manufactured goods production, driving market growth.

Read The Full Print Label Market Report Here:

https://www.thebusinessresearchcompany.com/report/print-label-global-market-report

Technological Advancements Fuel Market Growth

Technological innovation plays a pivotal role in the evolution of the print label market:

• Companies adopt new technologies to enhance their market presence.
• Xeikon’s launch of the Xeikon CX30 and CX50 presses exemplifies this trend, catering to various label sectors.

Multi-Color Corporation’s Strategic Acquisition

Strategic acquisitions contribute to market expansion:

• Multi-Color Corporation’s acquisition of Harrods IML enriches its presence in Australia and New Zealand.
• Harrods IML’s in-mold labeling technology enhances Multi-Color Corporation’s label offerings.

Segmentation Insights

The print label market is segmented based on:

1. Print Process: Offset lithography, Gravure, Flexography, Screen, Letterpress, Electrophotography, Inkjet
2. Raw Material: Metal Labels, Plastic Or Polymer Labels
3. Label Format: Wet-Glue Labels, Pressure-Sensitive Labels, Linerless Labels, Multi-part Tracking Labels, In-Mold Labels, Shrink And Stretch Sleeves
4. End-user Industries: Food, Beverage, Healthcare, Cosmetics, Household, Industrial (Automotive, Industrial Chemicals, Consumer and Non-Consumer Durables), Logistics, Other End-User Industries

Regional Dynamics

• North America dominated the print label market in 2023.
• Asia-Pacific is poised to emerge as the fastest-growing region in the forecast period.

Conclusion

The print label market continues to thrive, driven by technological advancements, rising consumer demands, and industry innovations. With a focus on sustainability, customization, and technological integration, the market is poised for sustained growth, presenting opportunities for both established players and emerging entrants.

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The Print Label Global Market Report 2024  provides a comprehensive outlook of the print label market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The print label market forecast offers a thorough analysis on print label market size, print label market share, prominent players and their strategies.

The Table Of Content For The Print Label Market Include:
1. Print Label Market Executive Summary
2. Print Label Market Segments
3. Print Label Market Size And Print Label Market Growth Rate
4. Key Print Label Market Trends
5. Major Print Label Market Drivers
……
25. Key Mergers And Acquisitions In The Print Label Market
26. Top Print Label Companies
27. Print Label Market Opportunities And Strategies
28. Print Label Market, Conclusions And Recommendations
29. Appendix

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