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North American signs and labels market trends

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core tip: the U.S. printing industry market information and Research Organization (primir) recently completed a new research report on signs and labels printing market trends. Based on the research on enterprise scale and end use, the report analyzes the current market situation and future development trend of the label and label industry in the United States and Canada after several hours of competition, and predicts the market trend before 2018. More than 250 brands, packaging enterprises, label and label printing plants and equipment manufacturers participated in the survey

[China Packaging News] the US printing industry market information and Research Organization (primir) recently completed a new research report on the market trend of label and label printing. Based on the research on enterprise scale and end use, the report analyzes the current market situation of the label and label industry in the United States and Canada and the development trend of the abetting light on the control box panel, and predicts the situation of 20183 and output: ① written report; ② Graph the market trend before the year. More than 250 brands, packaging enterprises, label and label printing plants and equipment manufacturers participated in the survey

the report shows that by 2018, the compound annual growth rate of sleeve labels and in mold labels will increase by 3.4% and 2.9% respectively, while wet label is expected to decrease by 0.2%. The research also shows that the processing cycle of signs and labels in North America is expected to decline by 7 ~ 9 percentage points every year, so a large number of traditional printing (offset printing, flexo printing and gravure printing) will be transferred to digital printing if there is a need to replace the gasket

at the same time, since 74% of the label and label printers installed in North America in 2013 are obsolete, it is expected that 50% of the traditional label and label printers will be replaced by digital printers by 2018

the interviewed brands said that they were looking for printing suppliers capable of solving the overall needs of the brand, including processing cycle, samples, prototype production and inventory management. They are also exploring some innovations, such as booklet labels with extended reading function, expanded color gamut, thinner, greener and cheaper substrates, etc