Vimarsana.com

Label Printing – Emerging Trends

• Source: printingnews.com
Login or register now to gain instant access to the rest of this premium content! According to Mordor Intelligence, the print label market is expected to grow at a CAGR of 4.2% over the forecast period (2021 - 2026). Last year had a significant impact on consumer purchasing habits, so as a result it also had an impact on labels and packaging in general. These changes and more importantly trends, many of which were already beginning to evolve, started shifting at an increased rate, facilitated by new technologies. Procurement Trends The most consequential driver is the increase in on-demand label procurement. With the increase in market segmentation, and the need to keep up with regulatory label changes, label procurement has been moving from an annual or semi-annual production purchase and warehouse model to produce what is needed for current production or on-demand model.