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Global Label Printing Market to Reach $49.9 Billion in 2024

A new Smithers Pira study shows PS labels continuing to increase market share.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The global market for label printing has been growing steadily from 2014 to 2019, at rates of 4.8% in value and of 5.2% in volume (A4 prints). Smithers Pira’s latest market report “The Future of Label Printing to 2024” values the market to be worth $41.02 billion on volumes of 1.21 trillion A4 prints or equivalent in 2019. This is a 4% increase on the 2018 value of $39.46 billion, and up 5.5% on 2018 volumes of 1.15 trillion A4 prints or equivalent. The market will continue to increase up to 202...

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