Global industrial labels market 2016–2021

25 October 2016

According to a report by MarketsandMarkets (M&M), the market for industrial labels is projected to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market is growing due to increasing demand in end-use industries such as automotive, consumer durables, transportation & logistics.
In 2015, the transportation & logistics segment accounted for the largest share of the end-use industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry have encouraged the market to grow (Press Release M&M, 6 October 2016).
Click here for the press release.
Click here for more information about the report.

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