Data Points: Fast Facts on the Digital Label & Packaging Market
The North American tag and label industry is considered one of the most innovative of the print segments. Digital technology has transformed the way labels are designed, specified, sourced and delivered. In 2013 an estimated 9 to 10 percent of its work was produced on digital printing presses.
Digital production volumes are projected to grow at 17 to 18 percent CAGR over the next five years. As a result, the percent of digital press installations will exceed those of conventional presses by 2018.
Source: PRIMIR 2014 study “Tag and Label Printing Trends” by LPC and AWA.
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