Among the largest label stock companies in India, SMI has offered a range of paper and filmic label stock using acrylic and rubber-based hot melt adhesives until now. By partnering with FLEXcon, SMI will offer polyester and vinyl label stocks with high-performance adhesives ideal for harsh environment labeling. The company will initially offer eight of FLEXcon’s UL-recognized
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CLEVELAND, May 12, 2021 /PRNewswire/ Pressure-sensitive labels (PSLs) are by far the leading type of label, accounting for 77% of total demand in 2020, and will remain so through 2025, according to a new Freedonia Group analysis of the US labels industry. Among the factors supporting gains will include the:
dominant position of PSLs in a number of high value, high growth areas – including the fast growing secondary packaging, and mailing and shipping markets
growing popularity of specialized labels, including RFID-enabled and extended content types
the promotion of higher value and higher performance labels such as more durable types for automotive, appliance, and electronics applications
Advances in Printing Technology to Boost US Labels Demand Growth Through 2025
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CLEVELAND, May 11, 2021 /PRNewswire/ A new Freedonia Group analysis forecasts demand for printed labels to rise 3.2% per year through 2025. Though growth will lag that of unprinted labels – which will expand their share of the market due to the increasing use of VIP – printed labels will benefit from the increased utilization of labels for advanced product promotion, which will drive the use of more appealing, 360-degree coverage and more complex, high-quality graphics.
Flexographic and digital printing will continue to expand their share of the market at the expense of all other printing techniques (i.e., lithographic, screen, gravure, and letterpress printing). While digital will capture share from flexography in shorter runs, label printers will increasingly use flexo and digital in combination to take advantage of flexography s cost-eff
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CLEVELAND, May 10, 2021 /PRNewswire/ A new Freedonia Group analysis projects demand for heat shrink and stretch sleeve labels to grow at an above average pace among label application methods through 2025, rising 5.2% annually compared to 3.3% for the label market overall:
Aiding long-term growth, heat shrink and stretch sleeve labels – also known as sleeves – were the only label type to see growth in 2020 amid the sharply reduced economic activity of the COVID-19 pandemic.
While the widespread use of sleeves in essential food and beverage markets supported gains as at-home grocery sales soared, sales were also boosted by the growing use of these labels for OTC and other pharmaceuticals, which saw strong sales growth during the pandemic.