Turnaround in the Pressure-Sensitive Label Market with a Positive Outlook Ahead
Press release from the issuing company
In 2023, the overall Pressure-sensitive Label market experienced a slowdown of -8.4%. This slowdown was mainly driven by the sharp decline experienced in the European and North American markets, especially in the year’s first half.
The Pressure-sensitive Label Industry faced many challenges last year, including an inventory build-up at various levels of the supply chain. However, the slightly brighter outlook suggests optimism about the capacity for recovery and growth in the coming quarters.
All of these aspects are comprehensively analyzed in the recently published AWA Pressure-sensitive Label Market Report 2024. The Report looks at the market from an application category, end-use segment, and facestock material perspective, while diving into each region and sub-region separately.
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