The demand for label and package printing is significantly increasing in regions such as North America, Europe, and APAC. This is majorly due to investments by suppliers on innovations related to inks, solvents, and adhesives used for label and package printing.
LONDON: The procurement research report on the label and package printing market is an indispensable part of SpendEdge’s managed services category portfolio and offers an in-depth assessment of the key factors influencing the supply market, strategic procurement and sourcing decisions, pricing models, and procurement best practices. Furthermore, it also offers detailed insights into the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
The global label and package printing market is expected to rise due to product proliferation in segments such as beverages, snacks, hair care, and soaps. Also, the growth of this market is fueled by the popularity of private labels in North America and Europe.
“Purchasing managers must prefer suppliers that can assist in choosing the substrate for printing and should also help decide the most effective printing techniques such as offset or digital based and flexographic,” says Tridib Bora, a managed services industry procurement research specialist at SpendEdge.
A major difficulty in the label and package printing market is to estimate the total print costs accurately. It is difficult for purchasing managers to ensure reliable information related to expected ink consumption, page number or size, embedded fonts, and color distribution within a file. This results in the increased cost fluctuations posing a challenge.
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This procurement report on the label and package printing market offers insights on:
- Supply markets, growth drivers, trends, and imminent restraints
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
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