Labels: The State of the Industry
While label market growth reflects the general economic sluggishness, it is a dynamic, healthy industry.
Today, the Asia Pacific region represents the world's leading consumer base for labels, with 34 percent of global demand in 2011. Its growth is driven by the Chinese and Indian markets. Europe comes second, with 29 percent, and North America third, with 22 percent. South America is now the fastest-growing region, growing at an estimated 12 percent per annum—more than double the rate of the overall global market.
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