A Long and Winding Road
Even with the optimism that these growth assessments project, challenges abound for the tag and label printer. Mike Fairley, director of strategic development for the Labelexpo Global Series, enumerated some of the issues in his report, “Global Market and Technology Challenges.”
“There are, of course, challenges for the label and flexible packaging industries such as profitability, environment and sustainability, ever more globalization,” he notes. “There are all kinds of concerns and worries to be resolved and certainly, there are some regions of the world that are in something of a slowdown, or even achieving little or no growth at all, but overall the global label and unsupported film converting sectors look to be in a relatively healthy state.”