Industry News, Market Research, Printers News

Global Demand for Labels to Reach $114 Billion by 2018

Asia-Pacific region will be the fastest growing regional market

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By: DAVID SAVASTANO

Editor, Ink World Magazine

World demand for labels is projected to increase 4.9% annually to 57.7 billion square meters in 2018, valued at $114 billion.   “Renewed vigor in global manufacturing output will be the primary factor driving growth,” noted Mike Richardson, Freedonia Group analyst.   Additionally, the continued acceleration of global economic expansion in the aftermath of the recent economic downturn will fuel advances in consumer spending on packaged goods. This is particularly true in many of the world’s d...

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