Label Printing and Packaging Industry – Some Predictions for 2019
Joe Lynch2021-08-23T11:25:46+00:00For the label printing industry in 2019, the manufacturing sector appears headed towards a continuing and faster pace of consolidation. Some markets are now going through the inter-generational change that occurred in Australia in the last 15 years. Combine this with the increasing sophistication of consumers requiring higher quality labels and you will see some converters sell rather than take on the necessary capital costs. Owners and participants in the supply chain, especially around food, are wanting greater adoption of sophisticated track and trace technology to manage the growing concerns surrounding product authenticity and precision recalls. For brand owners, [...]