- The key vendors in the Global Sleeve Label Market 2015-2019 are Avery Dennison Corp., Bemis Company Inc., CCL Industries Inc., Holostik India Limited and Karlville Development, LLC
London, 31 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Sleeve Label Market 2015-2019. One key trend emerging in the market is the growth in the Labeling industry. Nowadays, consumers have become more specific about the packaging and labeling of products. Details can be easily provided through sleeve labels. The overall market is expected grow at a CAGR of 5.96 percent during the forecast period of 2014-2019.
Demand for attractive packaged foods, beverages, and personal care products with visually appealing labels is also driving the market. The demand for printed packaging labels has risen in recent years. Esthetically designed product labels can increase the market value of a product, thereby assisting in increasing the sales of the product. Europe is the largest revenue contributor to the market as large-scale manufacturing processes are carried out in the region.
“The esthetic appeal of the product is determined by the packaging design as well as the label placed on the product,” says Faisal Ghaus, Vice President of Technavio Research.
“Hence, manufacturers of food and other consumer packaged products spend large amounts in developing not just convenient-to-use packages but also visually appealing labels for their products.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
