Worldwide Demand for Labels to Grow 5% Annually says New Report

PR Log (Press Release) – Jun 11, 2009 – The report “World Labels: Industry forecasts for 2013 & 2018” available at http://www.reportbuyer.com/go/FED00179 tells us that world demand for labels is projected to expand 5.0 percent per year through 2013 to 46 billion square meters. The pressure sensitive segment will continue to see strongest gains, accounting for almost 60 percent of global label demand by 2013. In contrast, wet glued products will see slowest gains, with demand declining in many developed food and beverage markets where plastic containers continue to make further inroads in place of steel cans and glass bottles and jars.

Other presently less significant technologies with favourable outlooks include shrink sleeve, wrap-around film and in-mold. By 2013, plastic labels will continue to register much faster gains than paper labels that are largely used in wet glued applications.

The Asia/Pacific region will expand its share of the world label market from 32 percent in 2008 to 35 percent in 2013. China and India will account for much of this increase, while Japan will see weak growth in its market. The market for labels in the US will see below average gains through to 2013, but remain strong relative to other developed markets. Western Europe will see a noticeable deceleration in its label market growth, with some highly intensive (relative to population) users of labels in the region such as Ireland, Scandinavia and the United Kingdom expected to see an outright decline in their respective label markets. The remaining regions of the world accounted for just 13 percent of global label demand in 2008, but will see strongest growth by 2013, with prospects in Latin America and Eastern Europe particularly favourable.

The report “World Labels: Industry forecasts for 2013 & 2018” is available from Report Buyer at: http://www.reportbuyer.com/industry_manufacturing/packag ...

Report Buyer product ID: FED00179

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