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HUHTAMAKI OYJ Unsponsored Finland ADR HOYFF

Primary Symbol: HMKIY

Forest Products Paper & Paper Products

Huhtamaki Oyj is a Finland-based company engaged in packaging for food and drink. It reports four operating segments: Foodservice Europe-Asia-Oceania, which covers manufacturing of foodservice paper and plastic disposable tableware, supplied to foodservice operators, fast food restaurants and coffee shops; North America, which serves local markets with disposable tableware products under the Chinet brand, foodservice packaging products and ice-cream containers, among others; Flexible Packaging, which includes a range of consumer products, including food, pet food, hygiene and health care products; and Fiber Packaging, which covers recycled and other natural fibers that are used to make fresh product packaging, such as egg, fruit, food and drink packaging. The Company operates a network of manufacturing units in more than 30 countries within such regions as Europe, North and South America, Africa, Middle East, Asia and Oceania.

PINL:HMKIY - Post by User

HUHTAMAKI OYJ Unsponsored Finland ADR

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Post by ivosmithon Dec 14, 2023 3:39am

156 Views

Post# 35783778

Print Label Market to reach US$ 66.1 Billion by 2032

According to the latest research report, the global print label market size reached US$ 47.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 66.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Print Label Market Trends and Drivers:

The current market growth is being propelled by the escalating demand for print labels in the food and beverage (F&B) industry. Additionally, factors such as rapid urbanization, increasingly busy lifestyles, and the preference for packaged goods for convenience and hygiene are contributing to the rising need for print labels. Furthermore, the pharmaceutical industry's growing adoption of print labels is shaping a favorable market outlook. Print labels play a crucial role in providing essential information to patients, including details on composition, side effects, storage instructions, and precautions for proper usage and prevention of mishaps. Moreover, these labels contribute to the tracking and authentication of pharmaceutical products, aiding in the prevention of counterfeiting and ensuring product traceability throughout the supply chain.

Request a free sample copy of the report: https://www.imarcgroup.com/print-label-market/requestsample