World Label Demand by Region

Sep 4, 2014 : Bharat Book Bureau presents the new report, on "World Labels”. In addition, minimal set-up and clean-up time, combined with rapid changeover, make these labels more adaptable for short-run lines.

World label demand to approach 58 billion square meters in 2018

Demand for labels will be driven by improved growth in manufacturing activity, as the global economy continues to gain momentum following the recent downturn. While the Asia/Pacific will continue to be the largest and fastestgrowing regional market, the strongest improvements over the performance of the 2008-2013 period will be in North America and Western Europe.

Dominant pressure sensitive labels segment to gain market share

Pressure sensitive labels will remain the largest product type and continue to take market share from glue-applied products in many major packaging applications, including food, beverages, pharmaceuticals, and cosmetics. Pressure sensitive labels benefit from a number of qualities, including ease of usage, diversity of applications and graphics, and versatility. In addition, minimal set-up and clean-up time, combined with rapid changeover, make these labels more adaptable for short-run lines. Moreover, the application speed of pressure sensitive labels is now significantly faster than many other application systems, creating greater efficiencies and overall cost savings despite higher unit costs. Above-average demand growth through the forecast period is also expected in stretch sleeve, heatshrink, and in-mold labels, though gains in these relatively newer label technologies will come from relatively small bases, and mainly in more developed markets. For example, stretch sleeve labels will benefit from their appealing graphics that encompass entire containers, as well as superior moisture resistance. While demand for glue-applied labels will see below-average growth, this segment will remain the second largest overall. Sales of glue-applied labels will continue to...