Challenges and Opportunities
Economic pressures and high-potential technologies are two facets in a spectrum of positive and negative factors confronting the tag and label industry.
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Kate Sharon
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At the opposite end of the spectrum, tag and label suppliers and converters are facing shrinking margins. Economic pressures from industry consolidation and higher costs in energy and raw materials have squeezed the industry on all sides.
Something has to give in the near future, and market predictions are leaning toward a positive result. Scott Pillsbury, president, Rose City Labels, already feels the optimism. “The conditions appear to be positive for most sectors—much better than in years past,” he said.
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Kate Sharon
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