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Consumers Eating Up Labels as Demand Projected to Increase


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Consumers Eating Up Labels as Demand Projected to Increase

Label Demand To Increase Worldwide

A recent market survey by Finat, a labeling association, showed that world demand for labels is expected to increase 6 to 7 percent from 2012 to 2013, Beverage Manager reported.

The survey showed that the primary markets are foods, beverages, personal care products and pharmaceuticals, particularly in the world's emerging markets of Brazil, Russia, India and China. 

It also showed that self-adhesive labels are still dominating the market, accounting for four-fifths of the total label market. Sleeving and in-mould labels will be the largest competitors during the year, especially in the food and beverage markets, due to their wide range of applications and diversity of finishes, the source reported.

Rigid Packaging Demand to Increase
According to a study by The Freedonia Group, the global demand for rigid packaging is also expected to increase, rising to $472 billion by 2016, Packaging Digest reported.

The study showed that food and beverages made up 64 percent of the total demand for rigid packaging during 2011. Increases in rigid packaging demand are expected in the plastic bottles, food-grade materials and pharmaceutical segments, the source reported.