The Global Label Printing Market Will Reach $49.9 Billion in 2024

Private labels
Private Label Printing

The global market for label printing and private labels has been growing steady from 2014 to 2019.

The Future of label printing in 2024 will be valued at $41.02 billion, says a recent report by Smithers Pira’s.

In 2018 the label printing market was valued at $39.46 billion. They also predict the industry will grow at a rate of 4.0% to $49.90 billion in 2024.

The research predicts that:

The report also takes a comprehensive look at the label printers’ trends.

The research also points out that flexographic label printing is not keeping pace with digital labels growth, because digital label printing is growing at a much faster rate.

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