Label Market Remains Strong
Through 2013, U.S. label shipments are expected to advance to $19.2 billion.
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The label market is in good shape. Although the recent recession has affected every segment of package printing, the label industry is still well positioned for the medium to the long term, according to Corey Reardon, president and CEO of AWA. "Unfortunately in the short term, the impact has been negative with plenty of casualties in job losses and business performance, even company and plant closures," he says. "In the medium to longer term, the recent recession has certainly caused companies across the value chain to focus on customers and creating more efficient, profitable, and sustainable business models.
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- Companies:
- AWA
- Multi-Color Corporation
- People:
- Corey Reardon
- Frank Gerace
Chris Mc Loone
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