Worldwide Smart Label Market Forecasts to 2025 - Paper & Paperboard Segment Displays the Potential to Grow at Over 19.2%

10/15/2019, 12:39 PM (Source: GlobeNewswire)

Dublin, Oct. 15, 2019 (GLOBE NEWSWIRE) -- The "Smart Labels - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Smart Labels market worldwide is projected to grow by US$13.2 Billion, driven by a compounded growth of 18.1%.

Paper & Paperboard, one of the segments analyzed and sized in this study, displays the potential to grow at over 19.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9.4 Billion by the year 2025, Paper & Paperboard will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 19.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$498.2 Million to the region's size and clout in the next 5 to 6 years. Over US$632.2 Million worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Paper & Paperboard will reach a market size of US$678.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 17.7% over the next couple of years and add approximately US$2.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Alien Technology
  • Avery Dennison Corporation
  • CCL Industries Inc.
  • Checkpointt System Inc.
  • Graphic Label Inc.
  • Invacare Corporation
  • SATO Holdings Corporation
  • SMARTRAC N.V.
  • Thinfilm
  • Zebra Technologies Corporation

For more information about this report visit https://www.researchandmarkets.com/r/y3erf0

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