PRESSURE LABELS MARKET ANALYSIS

Regional Analysis

• Asia Pacific is the largest and estimated to be the fastest growing market due to burgeoning growth in the food & beverages and pharmaceutical industry, which has been driven by urbanization in China, India, and Japan. Pressure labels market in the region is expected to grow along with the forecasted demand growth for food, beverages, and pharmaceutical products
• North American and European pressure labels markets are also projected to grow due to the increasing commercialization and industrialization in these regions. Also, significant application of pressure labels in various industries gives it a stronghold
• The Middle East is witnessing burgeoning growth in the construction segment. The countries in this region aim to reduce their dependency on oil revenues and have largely invested in the commercial and residential construction sector. This has transformed countries such as the UAE, Saudi Arabia, and Qatar into luxurious tourism and shopping destinations
• The Latin American market has experienced substantial growth as a result of the swift growth in automotive and construction industries in the region. Emerging markets of Argentina, Brazil, Chile, Colombia, and Mexico drive add to the market growth in the region. Consecutive sporting events in the form of FIFA World Cup 2014 and Olympics 2016 had given the Brazilian economy a boost. Though recently a slowdown has been observed, return to previous growth figures is expected due to rising consumption from the ever increasing population