New AWA report promises a post-COVID-19 update Packaging South Asia
Labeling and product decoration are disquisitional to the packaging industry, combining the essential information to identify a product with the sales enhancement properties of branding and on-shelf visibility. The good for you condition of the worldwide label need is documented in the newly-published 14th edition of AWA Alexander Watson Associates' Global Annual Review Labeling & Production Decoration. Information technology explores all the unlike facets of the subject, across the main labeling formats – force per unit area-sensitive, glue applied, sleeving, in-mold labels – and their supply chain characteristics.
The new report details the profiles of the different stop-use application segments, including principal product labeling, variable information printing, and security labeling. Information technology sets them in the context of in-depth regional market analyses. In 2019, AWA estimate that global characterization demand approximated to 66,216 million square meters – showing a growth of some 3.ii% over the previous twelvemonth. While these figures span all the label and product ornamentation technologies, 40% of these volumes were in pressure-sensitive labels, 35% in glue-applied labels, and, today, nineteen% in the sleeve labeling technologies.
Regional profiles
Regionally, the countries of Asia go along to claim the largest market share, 45% of the full; Europe a 25% share; North America an eighteen% share; South America eight%; and Africa and the Middle Eastward 4%.
The written report documents pre-COVID-19 growth forecasts, but AWA volition provide all written report subscribers with an updated analysis during Q3 2022 of the bear upon of COVID-19.
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Source: https://packagingsouthasia.com/supply-chain-function/design-marketing/new-awa-report-promises-a-post-covid-19-update/
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