State of the Industry-Tags and Labels

The label converting industry's response to this may be what Hickey says is similar to an inversion in a lake where the cold water is exchanging places with the warm water. "I see the major players racing to add economies-of-scale to be able to compete in the arena where the products end up at the Wal-Mart's of the world, but I see a whole new group of niche players who will identify and focus on niche markets that may bring on new ways of producing labels that we haven't seen yet."