Global label printing market set for steady growth

26 October 2017

A new report from Smithers Pira shows that in 2017 the label printing market is worth $34.46 billion globally. Over the next five years, market growth will expand at an average of 2.8% year on year to yield a total value of $39.50 billion in 2022.
Narrow-web label printers have pioneered the use of digital (toner and inkjet systems) across the past decade, and this trend is far from exhausted. The value share of digital printing is now 29.3%, up from 20.8% in 2012 – this will rise to 35.6% in 2022. In volume terms the shares are lower 13.0% in 2017, and 17.9% in 2022 – reflecting digital’s concentration in shorter run, higher value applications (Press Release Smithers Pira, 11 October 2017).
Click here for the press release.
Click here for more information about the report.
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