Print Label Market Updates

Global Print Label market size was valued at USD 48.04 Billion in 2023 and is poised to grow from USD 50.10 Billion in 2024 to USD 69.01 Billion by 2032, growing at a CAGR of 4.10% in the forecast period (2025-2032).

The market is very competitive with companies like Avery Dennison, CCL Industries and Multi-Color Corporation dominating the market landscape. To remain competitive and relevant in the print label market, these companies focus on expansion through innovation, acquisitions, and localization. Other tactics that businesses use to stay at the top of their game include investing in premium and sustainable label technologies and setting up regional production hubs to serve local markets properly. For example, CCL Label has expanded its European footprint with two new production sites. One is a shrink sleeve facility in Tibi, Spain, focused on sustainable, floatable EcoFloat technology opened on July 2024. The other is a Wine & Spirits label hub in Novi Ligure, Italy for premium, embellished pressure-sensitive labels which had been opened in September 2024. 'Avery Dennison (USA)', 'CCL Industries (Canada)', 'Clayton, Dubilier & Rice (Multi-Color Corporation & Fort Dearborn) (USA)', 'Fuji Seal International, Inc. (Japan)', 'UPM Raflatac (Finland)', 'One Rock Capital Partners, LLC (Constantia Flexibles) (USA)', 'Sato Corporation (Japan)', 'Fort Dearborn Company (USA)', 'Autajon Group (France)', 'Taylor Corporation (USA)', 'Huhtamäki Oyj (Finland)', 'Coveris (Austria)'

E-commerce is seeing a significant boom across the world. With it comes the increase in the demand for printed shipping and tracking labels. Products ordered online have labels with barcodes, QR codes, and RFID tags, etc. which are important for managing inventory and for product traceability in logistics. Thus, as e-retail is expanding globally and people are ordering products online, especially in emerging markets like India, Brazil, and Southeast Asia, the need for print labels is also experiencing growth.

Focus on Shelf Impact and Visual Differentiation:

Why is North America Leading Print Label Market in 2024?