Helping Local Printing Companies Deliver Globally Competitive Labels - SDN - Science & Digital News
Epson News:
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MANILA, November 25, 2021 – THE market for product labeling is expanding rapidly worldwide. Consumer packaged goods (CPG) companies and health-focused businesses are adopting an expanding array of applications for product labels that go far beyond simply standing out on store shelves.
Despite the economic headwinds caused by the pandemic, the label printing market is expected to rebound and maintain its momentum, particularly in Indonesia, India and China. According to IDC, label and packaging printer shipments and value share grew rapidly in the fourth quarter of 2020 in response to the economic recovery and businesses accelerating digitalization plans.
Consumer packaged goods like beauty products, food and beverage products, as well as medical products are all expected to drive growth in the print label market. This will become more pronounced as the industry shifts to more sustainable substrates and packaging to align with customers’ increasing focus on making eco-friendly purchases.
As consumer-packaged goods companies, food and grocery delivery services and medical companies adopt new label features to attract consumers and comply with local and industry regulations, job requests and print varieties will increase. Printing companies should quickly review their shop equipment to decide if a digital label printer is right for their business. Making an investment in one of the latest digital label printers from Epson will give print shops and converter businesses a greater competitive advantage in a high-pressure market environment. (✓)
For product inquiries and technical support, please contact Epson Customer Care at Metro Manila: (02) 8441-9030; Toll-Free: 1-800-1069-37766 (PLDT), 1-800-3-0037766 (DIGITEL) or visit the Epson Customer Care website: http://epson.com.ph/contact
Tags: digital, Epson Philippines, inkjet, SurePress AQ ink