Unraveling the Global Print Label Market Size, Growth, and Demand Insights for 2027 || Mondi Group, Connecticut Chemicals (Canada) Limited, Multi-Color Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Print Label Global Market Report 2023 identifies the increase in demand for manufactured goods is expected to propel the growth of the print label market going forward. Manufactured goods refer to any products created through a manufacturing process involving transforming raw materials into finished products. The print label helps fulfil the demand for manufactured goods by providing product labels, asset labels, bar code labels, shipping labels, and others. For instance, in August 2022, according to the report shared by Eurostat, a Luxembourg-based statistical office of the European Union, in comparison to 2020, the production of manufactured goods increased by 8% in 2021.

The global print label market size is expected to grow from $42.27 billion in 2022 to $44.80 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global print label market size is expected to reach $54.28 billion in 2027 at a CAGR of 4.9%.

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Major competitors in the print label market are Mondi Group, Connecticut Chemicals (Canada) Limited, Multi-Color Corporation, Avery Dennison Corporation, Clondalkin Group Holdings BV, Ahlstrom-Munksjo Oyj, Cenveo Corporation.

A key trend in the print label market includes technological advancements.Companies operating in the print label market are adopting new technologies to sustain their position in the market. For instance, in February 2021, Xeikon B.V., a Netherlands-based provider of digital printing solutions for labels and packaging, launched two new digital label presses, the Xeikon CX30 and Xeikon CX50. These new presses, which are based on Cheetah 2.0 technology with new generation interfaces and cloud connectivity and built on its sixth-generation platform, are intended to provide the highest level of equipment effectiveness possible.

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The print label market is segmented -

1) By Print Process: Offset lithography, Gravure, Flexography, Screen, Letterpress, Electrophotography, Inkjet

2) By Raw Material: Metal Labels, Plastic Or Polymer Labels

3) By Label Format: Wet-Glue Labels, Pressure-Sensitive Labels, Linerless Labels, Multi-part Tracking Labels, In-Mold Labels, Shrink And Stretch Sleeves

4) By End-user Industries: Food, Beverage, Healthcare, Cosmetics, Household, Industrial (Automotive, Industrial Chemicals, Consumer and Non-Consumer Durables), Logistics, Other End-User Industries

5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the print label market

The Business Research Company's "Global Print Label Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Print Label Market Include:
1. Executive Summary
2. Print Label Market Characteristic
3. Print Label Market Trends And Strategies
4. Print Label Market - Macro Economic Scenario
5. Print Label Market Size And Growth
……………
27. Print Label Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Print Label Market
29. Print Label Market Future Outlook And Potential Analysis
30. Appendix

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