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Key trends in the global label value chain – planet, people and technology
The label industry is expected to return to growth in 2024 to continue its 50 year growth trajectory, but new trends are clearly emerging. As a leading, fast growing global label and packaging producer, we at All4Labels are in the center of the label value chain between material producers and laminators upstream and FMCG companies and consumers downstream. We have identified three key trends:
Concern for the planet is growing. Global warming, rising sea levels, nano plastics, melting glaciers clearly concern us all. Consumer behavior and legislation is changing the landscape.
People’s health and well-being is becoming more and more important. Safety, empowerment, people development, work-life balance and local foundations in a global network are critical factors for success.
Technology in the form of new label and decorating technologies, digitization, smart and secure labels is already here and still evolving.
They all need to be addressed in an exciting and fast paced label market.