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Bullboard - Stock Discussion Forum HUHTAMAKI OYJ Unsponsored Finland ADR HMKIY

Alternate Symbol(s): HOYFF

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... see more

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HUHTAMAKI OYJ Unsponsored Finland ADR > Print Label Market to reach US$ 66.1 Billion by 2032

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Post by ivosmith on Dec 14, 2023 3:39am

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