PHARMACEUTICAL LABEL DEMAND TO GROW OVER 7% ANNUALLY THROUGH 2020

摘要

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. Growth in pharmaceutical label demand will also benefit from intensified efforts to combat drug counterfeiting and diversion. This trend will shift consumption toward higher value-added products with enhanced security features such as RFID tags, serialization codes, holograms, color shifting inks and other anti-piracy measures. These and other trends are presented in "Global Labels Market, 8th Edition," a new study from The Freedonia Group (freedoniagroup.com).