Freedonia In The News
Article Title: Pharmaceutical Label Demand to Grow Over 7% Annually Through 2020
Publication: China Chemical Reporter, 2/10/2017
Freedonia Study: Global Labels Market by Application Method, Material and Market, 8th Edition (3486)
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The Freedonia Group announced that global demand for labels in pharmaceutical applications is projected to increase 7.1% annually to 5.1 billion square meters in 2020, the fastest growth rate among major label markets. Trends favoring the use of smaller-sized medication containers will increase the number of labels required by pharmaceutical manufacturers, as will overall increases in drug production.
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