The Growing Shrink Label

Between the years 2000 and 2005, reports a study published by Packaging Strategies, the annual growth rate for shrink labels will be 20.3 percent. Broken down, the study forecasts that a majority of the growth will be in PETG at 35.4 percent of the total, then PVC at 12.4 percent, OPS at 10 percent, and OPP at 8.3 percent.