Industrial Labels Market by Type, Material, Industry, Mechanism, Printing Technology, Identification Technology, and Region - Global Forecast to 2021
“Growing demand in the parent industries to propel the market for industrial labels” The global market for industrial labels is projected to grow from USD 43.04 billion in 2016 to reach USD 55.95 billion by 2021, at an estimated CAGR of 5.39%. The market for industrial labels is driven by the growing demand in industries such as automotive, manufacturing, construction, aerospace & defense, and marine, in both developed and developing countries. Research Coverage This market is segmented on the basis of type, end-use industry, material, printing technology, mechanism, identification technology, and region. In terms of type, warning/ security labels held the largest market share, in terms of value. It is projected to grow at the highest CAGR. The excellent growth is witnessed due to increasing demand of these labels in end-use industries such as construction, automotive, consumer durables, and transportation & logistics. The transportation & logistics ...