Market participants across industries are required by government legislation to label their products with the appropriate information to protect the interests of consumers. Label color printing is a distinctive marketing tactic that aids in making a company stand out from rivals to boost sales. Label color printing is also used in the packaging, retail, cosmetics, and personal care markets. Similarly, it is employed in the pharmaceutical sector to show consumers sensitive drugs/information, their components, and other crucial data. The FMCG sector uses label color printing to provide consumers with information on the items' manufacturing information, expiration date, caloric value, nutritional value, brand name, and price, among other things. 06, 2022 (GLOBE NEWSWIRE) - As per the report published by The Brainy Insights, the global label color printing market is expected to grow from USD 3.41 billion in 2021 to USD 5.34 billion by 2030, at a CAGR of 5.12% during the forecast period 2022-2030.
Asia Pacific region emerged as the largest market for the global label color printing market, with a 41% share of the market revenue in 2021.
Product innovations improve the performance of label color printing products and propel the market's demand. Rising demand for label printing across industries to attract new customers with customized label printing to drive the growth of global label color printing market during forecasted period.
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